Mint Incorporation Limited Stock Market Value
| MIMI Stock | 4.56 0.02 0.44% |
| Symbol | Mint |
Is Business 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 Mint Incorporation. If investors know Mint 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 Mint Incorporation 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 Mint Incorporation is measured differently than its book value, which is the value of Mint that is recorded on the company's balance sheet. Investors also form their own opinion of Mint Incorporation's value that differs from its market value or its book value, called intrinsic value, which is Mint Incorporation'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 Mint Incorporation's market value can be influenced by many factors that don't directly affect Mint Incorporation'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 Mint Incorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mint Incorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mint Incorporation'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.
Mint Incorporation '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 Mint Incorporation'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 Mint Incorporation.
| 01/29/2024 |
| 01/23/2025 |
If you would invest 0.00 in Mint Incorporation on January 29, 2024 and sell it all today you would earn a total of 0.00 from holding Mint Incorporation Limited or generate 0.0% return on investment in Mint Incorporation over 360 days. Mint Incorporation is related to or competes with Unity Software, Daily Journal, C3 Ai, A2Z Smart, Blackline, Dynatrace Holdings, and DoubleVerify Holdings. Mint Incorporation is entity of United States More
Mint Incorporation 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 Mint Incorporation'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 Mint Incorporation Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.4381 | |||
| Maximum Drawdown | 6.08 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 6.08 |
Mint Incorporation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mint Incorporation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mint Incorporation's standard deviation. In reality, there are many statistical measures that can use Mint Incorporation historical prices to predict the future Mint Incorporation's volatility.| Risk Adjusted Performance | 0.388 | |||
| Jensen Alpha | 1.12 | |||
| Total Risk Alpha | 1.05 | |||
| Treynor Ratio | 3.18 |
Mint Incorporation Backtested Returns
Mint Incorporation is out of control given 3 months investment horizon. Mint Incorporation has Sharpe Ratio of 0.28, which conveys that the firm had a 0.28 % return per unit of risk over the last 3 months. We have collected data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 91.07% are justified by taking the suggested risk. Use Mint Incorporation Mean Deviation of 1.85, risk adjusted performance of 0.388, and Standard Deviation of 2.52 to evaluate company specific risk that cannot be diversified away. Mint Incorporation holds a performance score of 22 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mint Incorporation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mint Incorporation is expected to be smaller as well. Use Mint Incorporation potential upside, as well as the relationship between the daily balance of power and period momentum indicator , to analyze future returns on Mint Incorporation.
Auto-correlation | 0.00 |
No correlation between past and present
Mint Incorporation Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Mint Incorporation time series from 29th of January 2024 to 27th of July 2024 and 27th of July 2024 to 23rd of January 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 Mint Incorporation price movement. The serial correlation of 0.0 indicates that just 0.0% of current Mint Incorporation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mint Incorporation lagged returns against current returns
Autocorrelation, which is Mint Incorporation 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 Mint Incorporation's stock expected returns. We can calculate the autocorrelation of Mint Incorporation returns to help us make a trade decision. For example, suppose you find that Mint Incorporation 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 |
Mint Incorporation 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 Mint Incorporation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mint Incorporation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mint Incorporation stock over time.
Current vs Lagged Prices |
| Timeline |
Mint Incorporation Lagged Returns
When evaluating Mint Incorporation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mint Incorporation stock have on its future price. Mint Incorporation 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, Mint Incorporation autocorrelation shows the relationship between Mint Incorporation stock current value and its past values and can show if there is a momentum factor associated with investing in Mint Incorporation Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Mint Incorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mint Incorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mint Incorporation Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mint Incorporation Limited Stock:Check out Mint Incorporation Correlation, Mint Incorporation Volatility and Mint Incorporation Alpha and Beta module to complement your research on Mint Incorporation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Mint Incorporation 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.