MP Materials' market value is the price at which a share of MP Materials trades on a public exchange. It measures the collective expectations of MP Materials Corp investors about its performance. MP Materials is trading at 23.49 as of the 10th of January 2025, a 5.24% down since the beginning of the trading day. The stock's open price was 24.79. With this module, you can estimate the performance of a buy and hold strategy of MP Materials Corp and determine expected loss or profit from investing in MP Materials over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
M2PM34
MP Materials 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to MP Materials' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of MP Materials.
0.00
12/11/2024
No Change 0.00
0.0
In 30 days
01/10/2025
0.00
If you would invest 0.00 in MP Materials on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding MP Materials Corp or generate 0.0% return on investment in MP Materials over 30 days.
MP Materials Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure MP Materials' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess MP Materials Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for MP Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MP Materials' standard deviation. In reality, there are many statistical measures that can use MP Materials historical prices to predict the future MP Materials' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MP Materials. Your research has to be compared to or analyzed against MP Materials' peers to derive any actionable benefits. When done correctly, MP Materials' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MP Materials Corp.
MP Materials Corp Backtested Returns
MP Materials appears to be somewhat reliable, given 3 months investment horizon. MP Materials Corp retains Efficiency (Sharpe Ratio) of 0.0905, which conveys that the firm had a 0.0905% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for MP Materials, which you can use to evaluate the volatility of the firm. Please exercise MP Materials' Market Risk Adjusted Performance of (0.49), mean deviation of 2.36, and Standard Deviation of 4.96 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MP Materials holds a performance score of 7. The company owns a Beta (Systematic Risk) of -0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MP Materials are expected to decrease at a much lower rate. During the bear market, MP Materials is likely to outperform the market. Please check MP Materials' downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether MP Materials' current price history will revert.
Auto-correlation
-0.9
Excellent reverse predictability
MP Materials Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between MP Materials time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MP Materials Corp price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current MP Materials price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.9
Spearman Rank Test
-0.35
Residual Average
0.0
Price Variance
3.68
MP Materials Corp lagged returns against current returns
Autocorrelation, which is MP Materials stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting MP Materials' stock expected returns. We can calculate the autocorrelation of MP Materials returns to help us make a trade decision. For example, suppose you find that MP Materials has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
MP Materials regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If MP Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MP Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MP Materials stock over time.
Current vs Lagged Prices
Timeline
MP Materials Lagged Returns
When evaluating MP Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MP Materials stock have on its future price. MP Materials autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, MP Materials autocorrelation shows the relationship between MP Materials stock current value and its past values and can show if there is a momentum factor associated with investing in MP Materials Corp.
Regressed Prices
Timeline
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.