Microalgo Stock Market Value
| MLGO Stock | 0.23 0.06 35.29% |
| Symbol | MicroAlgo |
MicroAlgo Price To Book Ratio
Is Application Software 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 MicroAlgo. If investors know MicroAlgo 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 MicroAlgo 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 (0.90) | Earnings Share (7.03) | Revenue Per Share 79.717 | Quarterly Revenue Growth 0.081 | Return On Assets (0.11) |
The market value of MicroAlgo is measured differently than its book value, which is the value of MicroAlgo that is recorded on the company's balance sheet. Investors also form their own opinion of MicroAlgo's value that differs from its market value or its book value, called intrinsic value, which is MicroAlgo'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 MicroAlgo's market value can be influenced by many factors that don't directly affect MicroAlgo'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 MicroAlgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroAlgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroAlgo'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.
MicroAlgo '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 MicroAlgo'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 MicroAlgo.
| 09/10/2023 |
| 12/03/2024 |
If you would invest 0.00 in MicroAlgo on September 10, 2023 and sell it all today you would earn a total of 0.00 from holding MicroAlgo or generate 0.0% return on investment in MicroAlgo over 450 days. MicroAlgo is related to or competes with NetScout Systems, Consensus Cloud, CSG Systems, Evertec, OneSpan, Repay Holdings, and EverCommerce. MicroAlgo is entity of United States. It is traded as Stock on NASDAQ exchange. More
MicroAlgo 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 MicroAlgo'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 MicroAlgo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 61.79 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 23.53 |
MicroAlgo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MicroAlgo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MicroAlgo's standard deviation. In reality, there are many statistical measures that can use MicroAlgo historical prices to predict the future MicroAlgo's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (1.99) | |||
| Treynor Ratio | 1.01 |
MicroAlgo Backtested Returns
MicroAlgo has Sharpe Ratio of -0.0198, which conveys that the firm had a -0.0198% return per unit of risk over the last 3 months. MicroAlgo exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MicroAlgo's Mean Deviation of 7.7, standard deviation of 11.5, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MicroAlgo are expected to decrease at a much lower rate. During the bear market, MicroAlgo is likely to outperform the market. At this point, MicroAlgo has a negative expected return of -0.23%. Please make sure to verify MicroAlgo's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if MicroAlgo performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.61 |
Good predictability
MicroAlgo has good predictability. Overlapping area represents the amount of predictability between MicroAlgo time series from 10th of September 2023 to 22nd of April 2024 and 22nd of April 2024 to 3rd of December 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 MicroAlgo price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current MicroAlgo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 11.27 |
MicroAlgo lagged returns against current returns
Autocorrelation, which is MicroAlgo 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 MicroAlgo's stock expected returns. We can calculate the autocorrelation of MicroAlgo returns to help us make a trade decision. For example, suppose you find that MicroAlgo 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 |
MicroAlgo 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 MicroAlgo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MicroAlgo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MicroAlgo stock over time.
Current vs Lagged Prices |
| Timeline |
MicroAlgo Lagged Returns
When evaluating MicroAlgo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MicroAlgo stock have on its future price. MicroAlgo 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, MicroAlgo autocorrelation shows the relationship between MicroAlgo stock current value and its past values and can show if there is a momentum factor associated with investing in MicroAlgo.
Regressed Prices |
| Timeline |
When determining whether MicroAlgo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MicroAlgo'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 Microalgo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Microalgo Stock:
Check out MicroAlgo Correlation, MicroAlgo Volatility and MicroAlgo Alpha and Beta module to complement your research on MicroAlgo. To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
MicroAlgo 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.