Markforged Holding Corp Stock Market Value
| MKFG Stock | USD 4.30 0.08 1.83% |
| Symbol | Markforged |
Markforged Holding Corp Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Markforged Holding. If investors know Markforged 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 Markforged Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.41) | Revenue Per Share 4.332 | Quarterly Revenue Growth 0.02 | Return On Assets (0.20) | Return On Equity (0.65) |
The market value of Markforged Holding Corp is measured differently than its book value, which is the value of Markforged that is recorded on the company's balance sheet. Investors also form their own opinion of Markforged Holding's value that differs from its market value or its book value, called intrinsic value, which is Markforged Holding'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 Markforged Holding's market value can be influenced by many factors that don't directly affect Markforged Holding'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 Markforged Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Markforged Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Markforged Holding'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.
Markforged Holding '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 Markforged Holding'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 Markforged Holding.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Markforged Holding on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Markforged Holding Corp or generate 0.0% return on investment in Markforged Holding over 30 days. Markforged Holding is related to or competes with Stratasys, Desktop Metal, 3D Systems, Nano Dimension, IONQ, D Wave, and Pure Storage. Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide More
Markforged Holding 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 Markforged Holding'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 Markforged Holding Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.41 | |||
| Information Ratio | 0.0958 | |||
| Maximum Drawdown | 78.65 | |||
| Value At Risk | (7.73) | |||
| Potential Upside | 9.64 |
Markforged Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Markforged Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Markforged Holding's standard deviation. In reality, there are many statistical measures that can use Markforged Holding historical prices to predict the future Markforged Holding's volatility.| Risk Adjusted Performance | 0.0924 | |||
| Jensen Alpha | 1.16 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.2935 | |||
| Treynor Ratio | (3.44) |
Markforged Holding Corp Backtested Returns
Markforged Holding is dangerous given 3 months investment horizon. Markforged Holding Corp 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 analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Markforged Holding Corp Risk Adjusted Performance of 0.0924, downside deviation of 3.41, and Mean Deviation of 4.06 to evaluate company specific risk that cannot be diversified away. Markforged Holding holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Markforged Holding are expected to decrease at a much lower rate. During the bear market, Markforged Holding is likely to outperform the market. Use Markforged Holding Corp semi variance, and the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on Markforged Holding Corp.
Auto-correlation | 0.04 |
Virtually no predictability
Markforged Holding Corp has virtually no predictability. Overlapping area represents the amount of predictability between Markforged Holding 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 Markforged Holding Corp price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Markforged Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Markforged Holding Corp lagged returns against current returns
Autocorrelation, which is Markforged Holding 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 Markforged Holding's stock expected returns. We can calculate the autocorrelation of Markforged Holding returns to help us make a trade decision. For example, suppose you find that Markforged Holding 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 |
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Markforged Holding 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 Markforged Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Markforged Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Markforged Holding stock over time.
Current vs Lagged Prices |
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Markforged Holding Lagged Returns
When evaluating Markforged Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Markforged Holding stock have on its future price. Markforged Holding 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, Markforged Holding autocorrelation shows the relationship between Markforged Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Markforged Holding Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Markforged Holding Corp is a strong investment it is important to analyze Markforged Holding's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Markforged Holding's future performance. For an informed investment choice regarding Markforged Stock, refer to the following important reports:Check out Markforged Holding Correlation, Markforged Holding Volatility and Markforged Holding Alpha and Beta module to complement your research on Markforged Holding. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Markforged Holding 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.