Mondaycom Stock Market Value
| MNDY Stock | USD 284.59 8.33 3.02% |
| Symbol | MondayCom |
MondayCom 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 MondayCom. If investors know MondayCom 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 MondayCom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.44 | Revenue Per Share 18.331 | Quarterly Revenue Growth 0.327 | Return On Assets (0.01) | Return On Equity 0.025 |
The market value of MondayCom is measured differently than its book value, which is the value of MondayCom that is recorded on the company's balance sheet. Investors also form their own opinion of MondayCom's value that differs from its market value or its book value, called intrinsic value, which is MondayCom'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 MondayCom's market value can be influenced by many factors that don't directly affect MondayCom'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 MondayCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if MondayCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MondayCom'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.
MondayCom '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 MondayCom'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 MondayCom.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in MondayCom on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding MondayCom or generate 0.0% return on investment in MondayCom over 720 days. MondayCom is related to or competes with Alkami Technology, Paycor HCM, Procore Technologies, and Enfusion. monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle... More
MondayCom 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 MondayCom'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 MondayCom upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.6 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 21.57 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 5.04 |
MondayCom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MondayCom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MondayCom's standard deviation. In reality, there are many statistical measures that can use MondayCom historical prices to predict the future MondayCom's volatility.| Risk Adjusted Performance | 0.033 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0547 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MondayCom'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.
MondayCom Backtested Returns
At this stage we consider MondayCom Stock to be very steady. MondayCom has Sharpe Ratio of 0.0553, which conveys that the firm had a 0.0553% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for MondayCom, which you can use to evaluate the volatility of the firm. Please verify MondayCom's Mean Deviation of 1.97, downside deviation of 3.6, and Risk Adjusted Performance of 0.033 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. MondayCom has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.66, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MondayCom will likely underperform. MondayCom right now secures a risk of 3.06%. Please verify MondayCom value at risk, as well as the relationship between the kurtosis and price action indicator , to decide if MondayCom will be following its current price movements.
Auto-correlation | 0.48 |
Average predictability
MondayCom has average predictability. Overlapping area represents the amount of predictability between MondayCom time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 MondayCom price movement. The serial correlation of 0.48 indicates that about 48.0% of current MondayCom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 1211.21 |
MondayCom lagged returns against current returns
Autocorrelation, which is MondayCom 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 MondayCom's stock expected returns. We can calculate the autocorrelation of MondayCom returns to help us make a trade decision. For example, suppose you find that MondayCom 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 |
MondayCom 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 MondayCom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MondayCom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MondayCom stock over time.
Current vs Lagged Prices |
| Timeline |
MondayCom Lagged Returns
When evaluating MondayCom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MondayCom stock have on its future price. MondayCom 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, MondayCom autocorrelation shows the relationship between MondayCom stock current value and its past values and can show if there is a momentum factor associated with investing in MondayCom.
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 MondayCom Stock Analysis
When running MondayCom's price analysis, check to measure MondayCom'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 MondayCom is operating at the current time. Most of MondayCom's value examination focuses on studying past and present price action to predict the probability of MondayCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MondayCom's price. Additionally, you may evaluate how the addition of MondayCom to your portfolios can decrease your overall portfolio volatility.