Manhattan Scients Stock Market Value
| MHTX Stock | USD 0.0008 0.0001 11.11% |
| Symbol | Manhattan |
Manhattan Scients '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 Manhattan Scients' pink sheet 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 Manhattan Scients.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Manhattan Scients on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Manhattan Scients or generate 0.0% return on investment in Manhattan Scients over 30 days. Manhattan Scients is related to or competes with Cannabix Technologies, Accelerate Diagnostics, Venus Concept, Bluejay Diagnostics, Movano, EnVVeno Medical, and Biomerica. Manhattan Scientifics, Inc., a technology incubator, engages in the development and commercialization of life-enhancing ... More
Manhattan Scients 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 Manhattan Scients' pink sheet 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 Manhattan Scients upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 50.0 | |||
| Value At Risk | (18.18) | |||
| Potential Upside | 23.08 |
Manhattan Scients Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manhattan Scients' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Manhattan Scients' standard deviation. In reality, there are many statistical measures that can use Manhattan Scients historical prices to predict the future Manhattan Scients' volatility.| Risk Adjusted Performance | 0.0076 | |||
| Jensen Alpha | 0.002 | |||
| Total Risk Alpha | (1.61) | |||
| Treynor Ratio | 0.0946 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Manhattan Scients' 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.
Manhattan Scients Backtested Returns
At this stage we consider Manhattan Pink Sheet to be out of control. Manhattan Scients has Sharpe Ratio of 6.0E-4, which conveys that the firm had a 6.0E-4% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Manhattan Scients, which you can use to evaluate the volatility of the firm. Please verify Manhattan Scients' Standard Deviation of 12.08, mean deviation of 8.95, and Risk Adjusted Performance of 0.0076 to check out if the risk estimate we provide is consistent with the expected return of 0.007%. The company secures a Beta (Market Risk) of -0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Manhattan Scients are expected to decrease at a much lower rate. During the bear market, Manhattan Scients is likely to outperform the market. Manhattan Scients right now secures a risk of 11.61%. Please verify Manhattan Scients total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Manhattan Scients will be following its current price movements.
Auto-correlation | 0.00 |
No correlation between past and present
Manhattan Scients has no correlation between past and present. Overlapping area represents the amount of predictability between Manhattan Scients time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Manhattan Scients price movement. The serial correlation of 0.0 indicates that just 0.0% of current Manhattan Scients price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Manhattan Scients lagged returns against current returns
Autocorrelation, which is Manhattan Scients pink sheet'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 Manhattan Scients' pink sheet expected returns. We can calculate the autocorrelation of Manhattan Scients returns to help us make a trade decision. For example, suppose you find that Manhattan Scients has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Manhattan Scients 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 Manhattan Scients pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manhattan Scients pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manhattan Scients pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Manhattan Scients Lagged Returns
When evaluating Manhattan Scients' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Manhattan Scients pink sheet have on its future price. Manhattan Scients 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, Manhattan Scients autocorrelation shows the relationship between Manhattan Scients pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Manhattan Scients.
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 Manhattan Pink Sheet Analysis
When running Manhattan Scients' price analysis, check to measure Manhattan Scients' 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 Manhattan Scients is operating at the current time. Most of Manhattan Scients' value examination focuses on studying past and present price action to predict the probability of Manhattan Scients' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manhattan Scients' price. Additionally, you may evaluate how the addition of Manhattan Scients to your portfolios can decrease your overall portfolio volatility.