Milestone Scientific Stock Market Value
| MLSS Stock | USD 0.71 0.03 4.41% |
| Symbol | Milestone |
Milestone Scientific Price To Book Ratio
Is Health Care Equipment & Supplies 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 Milestone Scientific. If investors know Milestone 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 Milestone Scientific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Revenue Per Share 0.109 | Quarterly Revenue Growth (0.36) | Return On Assets (0.36) | Return On Equity (0.59) |
The market value of Milestone Scientific is measured differently than its book value, which is the value of Milestone that is recorded on the company's balance sheet. Investors also form their own opinion of Milestone Scientific's value that differs from its market value or its book value, called intrinsic value, which is Milestone Scientific'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 Milestone Scientific's market value can be influenced by many factors that don't directly affect Milestone Scientific'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 Milestone Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Milestone Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Milestone Scientific'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.
Milestone Scientific '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 Milestone Scientific'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 Milestone Scientific.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Milestone Scientific on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Milestone Scientific or generate 0.0% return on investment in Milestone Scientific over 360 days. Milestone Scientific is related to or competes with InfuSystems Holdings, STRATA Skin, Retractable Technologies, OncoCyte Corp, and PAVmed. Milestone Scientific Inc. designs, develops, and commercializes diagnostic and therapeutic injection technologies, and d... More
Milestone Scientific 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 Milestone Scientific'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 Milestone Scientific upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 27.59 | |||
| Value At Risk | (7.89) | |||
| Potential Upside | 5.56 |
Milestone Scientific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Milestone Scientific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Milestone Scientific's standard deviation. In reality, there are many statistical measures that can use Milestone Scientific historical prices to predict the future Milestone Scientific's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (0.56) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Milestone Scientific's 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.
Milestone Scientific Backtested Returns
Milestone Scientific has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Milestone Scientific exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Milestone Scientific's Standard Deviation of 4.31, risk adjusted performance of (0.07), and Mean Deviation of 2.87 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.78, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Milestone Scientific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Milestone Scientific is expected to be smaller as well. At this point, Milestone Scientific has a negative expected return of -0.44%. Please make sure to verify Milestone Scientific's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Milestone Scientific performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Milestone Scientific has insignificant reverse predictability. Overlapping area represents the amount of predictability between Milestone Scientific time series from 28th of November 2023 to 26th of May 2024 and 26th of May 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 Milestone Scientific price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Milestone Scientific price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Milestone Scientific lagged returns against current returns
Autocorrelation, which is Milestone Scientific 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 Milestone Scientific's stock expected returns. We can calculate the autocorrelation of Milestone Scientific returns to help us make a trade decision. For example, suppose you find that Milestone Scientific 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 |
Milestone Scientific 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 Milestone Scientific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Milestone Scientific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Milestone Scientific stock over time.
Current vs Lagged Prices |
| Timeline |
Milestone Scientific Lagged Returns
When evaluating Milestone Scientific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Milestone Scientific stock have on its future price. Milestone Scientific 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, Milestone Scientific autocorrelation shows the relationship between Milestone Scientific stock current value and its past values and can show if there is a momentum factor associated with investing in Milestone Scientific.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Milestone Stock Analysis
When running Milestone Scientific's price analysis, check to measure Milestone Scientific's 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 Milestone Scientific is operating at the current time. Most of Milestone Scientific's value examination focuses on studying past and present price action to predict the probability of Milestone Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Milestone Scientific's price. Additionally, you may evaluate how the addition of Milestone Scientific to your portfolios can decrease your overall portfolio volatility.