Mister Car Wash Stock Market Value
| MCW Stock | USD 8.00 0.12 1.52% |
| Symbol | Mister |
Mister Car Wash Price To Book Ratio
Is Diversified Consumer Services 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 Mister Car. If investors know Mister 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 Mister Car listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.157 | Earnings Share 0.22 | Revenue Per Share 3.062 | Quarterly Revenue Growth 0.065 | Return On Assets 0.0396 |
The market value of Mister Car Wash is measured differently than its book value, which is the value of Mister that is recorded on the company's balance sheet. Investors also form their own opinion of Mister Car's value that differs from its market value or its book value, called intrinsic value, which is Mister Car'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 Mister Car's market value can be influenced by many factors that don't directly affect Mister Car'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 Mister Car's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mister Car is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mister Car'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.
Mister Car '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 Mister Car'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 Mister Car.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Mister Car on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Mister Car Wash or generate 0.0% return on investment in Mister Car over 30 days. Mister Car is related to or competes with Bright Horizons, Smart Share, Carriage Services, Frontdoor, Service International, and Rollins. Mister Car Wash, Inc., together with its subsidiaries, provides conveyorized car wash services in the United States More
Mister Car 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 Mister Car'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 Mister Car Wash upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | 0.077 | |||
| Maximum Drawdown | 16.56 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 4.63 |
Mister Car Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mister Car's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mister Car's standard deviation. In reality, there are many statistical measures that can use Mister Car historical prices to predict the future Mister Car's volatility.| Risk Adjusted Performance | 0.1052 | |||
| Jensen Alpha | 0.1998 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.112 | |||
| Treynor Ratio | 0.3255 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mister Car's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mister Car Wash Backtested Returns
Mister Car appears to be somewhat reliable, given 3 months investment horizon. Mister Car Wash has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mister Car, which you can use to evaluate the volatility of the firm. Please exercise Mister Car's Downside Deviation of 1.76, mean deviation of 1.7, and Risk Adjusted Performance of 0.1052 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mister Car holds a performance score of 9. The company secures a Beta (Market Risk) of 0.98, which conveys possible diversification benefits within a given portfolio. Mister Car returns are very sensitive to returns on the market. As the market goes up or down, Mister Car is expected to follow. Please check Mister Car's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Mister Car's current price movements will revert.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Mister Car Wash has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Mister Car time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 Mister Car Wash price movement. The serial correlation of -0.72 indicates that around 72.0% of current Mister Car price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Mister Car Wash lagged returns against current returns
Autocorrelation, which is Mister Car 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 Mister Car's stock expected returns. We can calculate the autocorrelation of Mister Car returns to help us make a trade decision. For example, suppose you find that Mister Car 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 |
Mister Car 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 Mister Car stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mister Car stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mister Car stock over time.
Current vs Lagged Prices |
| Timeline |
Mister Car Lagged Returns
When evaluating Mister Car's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mister Car stock have on its future price. Mister Car 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, Mister Car autocorrelation shows the relationship between Mister Car stock current value and its past values and can show if there is a momentum factor associated with investing in Mister Car Wash.
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.Additional Tools for Mister Stock Analysis
When running Mister Car's price analysis, check to measure Mister Car's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mister Car is operating at the current time. Most of Mister Car's value examination focuses on studying past and present price action to predict the probability of Mister Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mister Car's price. Additionally, you may evaluate how the addition of Mister Car to your portfolios can decrease your overall portfolio volatility.