Montauk Renewables Stock Market Value
| MNTK Stock | USD 4.46 0.03 0.68% |
| Symbol | Montauk |
Montauk Renewables Price To Book Ratio
Is Electric Utilities 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 Montauk Renewables. If investors know Montauk 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 Montauk Renewables 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 0.33 | Earnings Share 0.17 | Revenue Per Share 1.371 | Quarterly Revenue Growth 0.184 | Return On Assets 0.0607 |
The market value of Montauk Renewables is measured differently than its book value, which is the value of Montauk that is recorded on the company's balance sheet. Investors also form their own opinion of Montauk Renewables' value that differs from its market value or its book value, called intrinsic value, which is Montauk Renewables' 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 Montauk Renewables' market value can be influenced by many factors that don't directly affect Montauk Renewables' 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 Montauk Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Montauk Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montauk Renewables' 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.
Montauk Renewables '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 Montauk Renewables' 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 Montauk Renewables.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Montauk Renewables on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Montauk Renewables or generate 0.0% return on investment in Montauk Renewables over 270 days. Montauk Renewables is related to or competes with Avista, Allete, Black Hills, Companhia Paranaense, Companhia Energetica, NorthWestern, and Energy Of. Montauk Renewables, Inc., a renewable energy company, engages in recovery and processing of biogas from landfills and ot... More
Montauk Renewables 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 Montauk Renewables' 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 Montauk Renewables upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.1 | |||
| Information Ratio | 0.0029 | |||
| Maximum Drawdown | 25.57 | |||
| Value At Risk | (5.22) | |||
| Potential Upside | 4.75 |
Montauk Renewables Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Montauk Renewables' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Montauk Renewables' standard deviation. In reality, there are many statistical measures that can use Montauk Renewables historical prices to predict the future Montauk Renewables' volatility.| Risk Adjusted Performance | 0.0349 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0023 | |||
| Treynor Ratio | 0.0867 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Montauk Renewables' 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.
Montauk Renewables Backtested Returns
As of now, Montauk Stock is moderately volatile. Montauk Renewables has Sharpe Ratio of 0.0162, which conveys that the firm had a 0.0162% return per unit of risk over the last 3 months. We have found thirty technical indicators for Montauk Renewables, which you can use to evaluate the volatility of the firm. Please verify Montauk Renewables' Downside Deviation of 5.1, risk adjusted performance of 0.0349, and Mean Deviation of 2.74 to check out if the risk estimate we provide is consistent with the expected return of 0.0662%. Montauk Renewables has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.53, 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, Montauk Renewables will likely underperform. Montauk Renewables right now secures a risk of 4.08%. Please verify Montauk Renewables expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Montauk Renewables will be following its current price movements.
Auto-correlation | 0.47 |
Average predictability
Montauk Renewables has average predictability. Overlapping area represents the amount of predictability between Montauk Renewables time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 Montauk Renewables price movement. The serial correlation of 0.47 indicates that about 47.0% of current Montauk Renewables price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Montauk Renewables lagged returns against current returns
Autocorrelation, which is Montauk Renewables 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 Montauk Renewables' stock expected returns. We can calculate the autocorrelation of Montauk Renewables returns to help us make a trade decision. For example, suppose you find that Montauk Renewables 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 |
Montauk Renewables 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 Montauk Renewables stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Montauk Renewables stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Montauk Renewables stock over time.
Current vs Lagged Prices |
| Timeline |
Montauk Renewables Lagged Returns
When evaluating Montauk Renewables' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Montauk Renewables stock have on its future price. Montauk Renewables 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, Montauk Renewables autocorrelation shows the relationship between Montauk Renewables stock current value and its past values and can show if there is a momentum factor associated with investing in Montauk Renewables.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Montauk Renewables Correlation, Montauk Renewables Volatility and Montauk Renewables Alpha and Beta module to complement your research on Montauk Renewables. For more information on how to buy Montauk Stock please use our How to buy in Montauk Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Montauk Renewables 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.