Mega Fortune Stock Market Value
| MGRT Stock | 8.97 0.43 4.57% |
| Symbol | Mega |
Is Information Technology 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 Mega Fortune. If investors know Mega 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 Mega Fortune 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 Mega Fortune is measured differently than its book value, which is the value of Mega that is recorded on the company's balance sheet. Investors also form their own opinion of Mega Fortune's value that differs from its market value or its book value, called intrinsic value, which is Mega Fortune'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 Mega Fortune's market value can be influenced by many factors that don't directly affect Mega Fortune'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 Mega Fortune's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mega Fortune is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mega Fortune'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.
Mega Fortune '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 Mega Fortune'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 Mega Fortune.
| 07/01/2025 |
| 12/28/2025 |
If you would invest 0.00 in Mega Fortune on July 1, 2025 and sell it all today you would earn a total of 0.00 from holding Mega Fortune or generate 0.0% return on investment in Mega Fortune over 180 days. Mega Fortune is related to or competes with Gamehaus Holdings, GameSquare Holdings, Sono Tek, Bragg Gaming, Where Food, Infrared Cameras, and Zenvia. More
Mega Fortune 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 Mega Fortune'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 Mega Fortune upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.35 | |||
| Information Ratio | 0.1181 | |||
| Maximum Drawdown | 176.65 | |||
| Value At Risk | (16.86) | |||
| Potential Upside | 21.23 |
Mega Fortune Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mega Fortune's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mega Fortune's standard deviation. In reality, there are many statistical measures that can use Mega Fortune historical prices to predict the future Mega Fortune's volatility.| Risk Adjusted Performance | 0.0952 | |||
| Jensen Alpha | 3.07 | |||
| Total Risk Alpha | 0.3173 | |||
| Sortino Ratio | 0.2541 | |||
| Treynor Ratio | (0.56) |
Mega Fortune Backtested Returns
Mega Fortune is dangerous given 3 months investment horizon. Mega Fortune has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12 % return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.72% are justified by taking the suggested risk. Use Mega Fortune Downside Deviation of 10.35, risk adjusted performance of 0.0952, and Mean Deviation of 10.47 to evaluate company specific risk that cannot be diversified away. Mega Fortune holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -4.84, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Mega Fortune are expected to decrease by larger amounts. On the other hand, during market turmoil, Mega Fortune is expected to outperform it. Use Mega Fortune semi variance, and the relationship between the sortino ratio and rate of daily change , to analyze future returns on Mega Fortune.
Auto-correlation | 0.26 |
Poor predictability
Mega Fortune has poor predictability. Overlapping area represents the amount of predictability between Mega Fortune time series from 1st of July 2025 to 29th of September 2025 and 29th of September 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 Mega Fortune price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Mega Fortune price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Mega Fortune lagged returns against current returns
Autocorrelation, which is Mega Fortune 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 Mega Fortune's stock expected returns. We can calculate the autocorrelation of Mega Fortune returns to help us make a trade decision. For example, suppose you find that Mega Fortune 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 |
Mega Fortune 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 Mega Fortune stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mega Fortune stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mega Fortune stock over time.
Current vs Lagged Prices |
| Timeline |
Mega Fortune Lagged Returns
When evaluating Mega Fortune's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mega Fortune stock have on its future price. Mega Fortune 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, Mega Fortune autocorrelation shows the relationship between Mega Fortune stock current value and its past values and can show if there is a momentum factor associated with investing in Mega Fortune.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Mega Stock Analysis
When running Mega Fortune's price analysis, check to measure Mega Fortune'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 Mega Fortune is operating at the current time. Most of Mega Fortune's value examination focuses on studying past and present price action to predict the probability of Mega Fortune's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mega Fortune's price. Additionally, you may evaluate how the addition of Mega Fortune to your portfolios can decrease your overall portfolio volatility.