Megan Holdings Limited Stock Market Value
| MGN Stock | 1.67 0.13 7.22% |
| Symbol | Megan |
Megan Holdings Price To Book Ratio
Is Engineering & Construction 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 Megan Holdings. If investors know Megan 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 Megan Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Megan Holdings is measured differently than its book value, which is the value of Megan that is recorded on the company's balance sheet. Investors also form their own opinion of Megan Holdings' value that differs from its market value or its book value, called intrinsic value, which is Megan Holdings' 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 Megan Holdings' market value can be influenced by many factors that don't directly affect Megan Holdings' 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 Megan Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Megan Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Megan Holdings' 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.
Megan Holdings '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 Megan Holdings' 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 Megan Holdings.
| 11/28/2025 |
| 12/28/2025 |
If you would invest 0.00 in Megan Holdings on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding Megan Holdings Limited or generate 0.0% return on investment in Megan Holdings over 30 days. Megan Holdings is related to or competes with Ming Shing, WF International, Tungray Technologies, Armlogi Holding, Globus Maritime, Nuburu, and SPAR. Mines Management, Inc., together with its subsidiaries, acquires, explores, and develops mineral properties in North America. More
Megan Holdings 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 Megan Holdings' 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 Megan Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 34.23 | |||
| Value At Risk | (9.94) | |||
| Potential Upside | 13.92 |
Megan Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Megan Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Megan Holdings' standard deviation. In reality, there are many statistical measures that can use Megan Holdings historical prices to predict the future Megan Holdings' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.45) | |||
| Total Risk Alpha | (2.21) | |||
| Treynor Ratio | (0.52) |
Megan Holdings Backtested Returns
Megan Holdings has Sharpe Ratio of -0.0936, which conveys that the firm had a -0.0936 % return per unit of risk over the last 3 months. Megan Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Megan Holdings' Standard Deviation of 8.76, mean deviation of 6.21, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 2.45, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Megan Holdings will likely underperform. At this point, Megan Holdings has a negative expected return of -0.72%. Please make sure to verify Megan Holdings' maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Megan Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.58 |
Good reverse predictability
Megan Holdings Limited has good reverse predictability. Overlapping area represents the amount of predictability between Megan Holdings time series from 28th of November 2025 to 13th of December 2025 and 13th of December 2025 to 28th of December 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 Megan Holdings price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Megan Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Megan Holdings lagged returns against current returns
Autocorrelation, which is Megan Holdings 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 Megan Holdings' stock expected returns. We can calculate the autocorrelation of Megan Holdings returns to help us make a trade decision. For example, suppose you find that Megan Holdings 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 |
Megan Holdings 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 Megan Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Megan Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Megan Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Megan Holdings Lagged Returns
When evaluating Megan Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Megan Holdings stock have on its future price. Megan Holdings 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, Megan Holdings autocorrelation shows the relationship between Megan Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Megan Holdings Limited.
Regressed Prices |
| Timeline |
Pair Trading with Megan Holdings
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 Megan Holdings 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 Megan Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Megan Stock
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The ability to find closely correlated positions to Megan Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Megan Holdings 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 Megan Holdings - 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 Megan Holdings Limited to buy it.
The correlation of Megan Holdings 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 Megan Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Megan Holdings 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 Megan Holdings 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 Megan Holdings Correlation, Megan Holdings Volatility and Megan Holdings Alpha and Beta module to complement your research on Megan Holdings. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Megan Holdings 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.