Marketaxess Holdings Stock Market Value
| MKTX Stock | USD 261.02 2.78 1.05% |
| Symbol | MarketAxess |
MarketAxess Holdings Price To Book Ratio
Is Financial Exchanges & Data 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 MarketAxess Holdings. If investors know MarketAxess 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 MarketAxess Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.301 | Dividend Share 2.94 | Earnings Share 7.39 | Revenue Per Share 21.558 | Quarterly Revenue Growth 0.2 |
The market value of MarketAxess Holdings is measured differently than its book value, which is the value of MarketAxess that is recorded on the company's balance sheet. Investors also form their own opinion of MarketAxess Holdings' value that differs from its market value or its book value, called intrinsic value, which is MarketAxess 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 MarketAxess Holdings' market value can be influenced by many factors that don't directly affect MarketAxess 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 MarketAxess Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if MarketAxess Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarketAxess 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.
MarketAxess 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 MarketAxess 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 MarketAxess Holdings.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in MarketAxess Holdings on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding MarketAxess Holdings or generate 0.0% return on investment in MarketAxess Holdings over 30 days. MarketAxess Holdings is related to or competes with Interactive Brokers, Evercore Partners, PJT Partners, LPL Financial, Stifel Financial, Piper Sandler, and Perella Weinberg. MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional inv... More
MarketAxess 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 MarketAxess 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 MarketAxess Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.0358 | |||
| Maximum Drawdown | 10.4 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 2.3 |
MarketAxess Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MarketAxess Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MarketAxess Holdings' standard deviation. In reality, there are many statistical measures that can use MarketAxess Holdings historical prices to predict the future MarketAxess Holdings' volatility.| Risk Adjusted Performance | 0.0929 | |||
| Jensen Alpha | 0.2011 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.052 | |||
| Treynor Ratio | (0.87) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MarketAxess Holdings' 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.
MarketAxess Holdings Backtested Returns
At this stage we consider MarketAxess Stock to be very steady. MarketAxess Holdings has Sharpe Ratio of 0.099, which conveys that the firm had a 0.099% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for MarketAxess Holdings, which you can use to evaluate the volatility of the firm. Please verify MarketAxess Holdings' Risk Adjusted Performance of 0.0929, downside deviation of 1.12, and Mean Deviation of 1.0 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. MarketAxess Holdings has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MarketAxess Holdings are expected to decrease at a much lower rate. During the bear market, MarketAxess Holdings is likely to outperform the market. MarketAxess Holdings right now secures a risk of 1.66%. Please verify MarketAxess Holdings potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if MarketAxess Holdings will be following its current price movements.
Auto-correlation | 0.55 |
Modest predictability
MarketAxess Holdings has modest predictability. Overlapping area represents the amount of predictability between MarketAxess Holdings time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 MarketAxess Holdings price movement. The serial correlation of 0.55 indicates that about 55.0% of current MarketAxess Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 15.98 |
MarketAxess Holdings lagged returns against current returns
Autocorrelation, which is MarketAxess 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 MarketAxess Holdings' stock expected returns. We can calculate the autocorrelation of MarketAxess Holdings returns to help us make a trade decision. For example, suppose you find that MarketAxess 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 |
MarketAxess 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 MarketAxess Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MarketAxess Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MarketAxess Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
MarketAxess Holdings Lagged Returns
When evaluating MarketAxess Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MarketAxess Holdings stock have on its future price. MarketAxess 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, MarketAxess Holdings autocorrelation shows the relationship between MarketAxess Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in MarketAxess Holdings.
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 MarketAxess Stock Analysis
When running MarketAxess Holdings' price analysis, check to measure MarketAxess Holdings' 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 MarketAxess Holdings is operating at the current time. Most of MarketAxess Holdings' value examination focuses on studying past and present price action to predict the probability of MarketAxess Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MarketAxess Holdings' price. Additionally, you may evaluate how the addition of MarketAxess Holdings to your portfolios can decrease your overall portfolio volatility.