Mustang Bio Stock Market Value
| MBIO Stock | USD 0.21 0.01 4.55% |
| Symbol | Mustang |
Mustang Bio Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mustang Bio. If investors know Mustang will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mustang Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.33) | Revenue Per Share (0) | Return On Assets (0.97) | Return On Equity (11.91) |
The market value of Mustang Bio is measured differently than its book value, which is the value of Mustang that is recorded on the company's balance sheet. Investors also form their own opinion of Mustang Bio's value that differs from its market value or its book value, called intrinsic value, which is Mustang Bio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mustang Bio's market value can be influenced by many factors that don't directly affect Mustang Bio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mustang Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mustang Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mustang Bio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Mustang Bio '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 Mustang Bio's 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 Mustang Bio.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in Mustang Bio on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding Mustang Bio or generate 0.0% return on investment in Mustang Bio over 360 days. Mustang Bio is related to or competes with Checkpoint Therapeutics, Reviva Pharmaceuticals, Fortress Biotech, Kodiak Sciences, Fortress Biotech, Achilles Therapeutics, and Aptose Biosciences. Mustang Bio, Inc., a clinical-stage biopharmaceutical company, focuses on translating medical breakthroughs in cell and ... More
Mustang Bio 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 Mustang Bio's 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 Mustang Bio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 41.5 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 7.14 |
Mustang Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mustang Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mustang Bio's standard deviation. In reality, there are many statistical measures that can use Mustang Bio historical prices to predict the future Mustang Bio's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (1.70) | |||
| Treynor Ratio | 0.8613 |
Mustang Bio Backtested Returns
Mustang Bio has Sharpe Ratio of -0.0664, which conveys that the firm had a -0.0664% return per unit of risk over the last 3 months. Mustang Bio exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mustang Bio's Mean Deviation of 3.92, risk adjusted performance of (0.08), and Standard Deviation of 6.12 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.85, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mustang Bio are expected to decrease at a much lower rate. During the bear market, Mustang Bio is likely to outperform the market. At this point, Mustang Bio has a negative expected return of -0.39%. Please make sure to verify Mustang Bio's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Mustang Bio performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Mustang Bio has below average predictability. Overlapping area represents the amount of predictability between Mustang Bio time series from 1st of December 2023 to 29th of May 2024 and 29th of May 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mustang Bio price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Mustang Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Mustang Bio lagged returns against current returns
Autocorrelation, which is Mustang Bio 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 Mustang Bio's stock expected returns. We can calculate the autocorrelation of Mustang Bio returns to help us make a trade decision. For example, suppose you find that Mustang Bio 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 |
Mustang Bio 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 Mustang Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mustang Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mustang Bio stock over time.
Current vs Lagged Prices |
| Timeline |
Mustang Bio Lagged Returns
When evaluating Mustang Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mustang Bio stock have on its future price. Mustang Bio 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, Mustang Bio autocorrelation shows the relationship between Mustang Bio stock current value and its past values and can show if there is a momentum factor associated with investing in Mustang Bio.
Regressed Prices |
| Timeline |
Pair Trading with Mustang Bio
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mustang Bio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mustang Bio will appreciate offsetting losses from the drop in the long position's value.Moving together with Mustang Stock
Moving against Mustang Stock
The ability to find closely correlated positions to Mustang Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mustang Bio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mustang Bio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mustang Bio to buy it.
The correlation of Mustang Bio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mustang Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mustang Bio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mustang Bio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Mustang Bio Correlation, Mustang Bio Volatility and Mustang Bio Alpha and Beta module to complement your research on Mustang Bio. To learn how to invest in Mustang Stock, please use our How to Invest in Mustang Bio guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Mustang Bio technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.