Momentus Stock Market Value
| MNTSW Stock | USD 0.01 0 13.79% |
| Symbol | Momentus |
Is Industrial Machinery & Supplies & Components 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 Momentus. If investors know Momentus 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 Momentus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Momentus is measured differently than its book value, which is the value of Momentus that is recorded on the company's balance sheet. Investors also form their own opinion of Momentus' value that differs from its market value or its book value, called intrinsic value, which is Momentus' 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 Momentus' market value can be influenced by many factors that don't directly affect Momentus' 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 Momentus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Momentus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Momentus' 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.
Momentus '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 Momentus' 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 Momentus.
| 09/27/2024 |
| 11/26/2024 |
Momentus 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 Momentus' 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 Momentus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.93 | |||
| Information Ratio | 0.0694 | |||
| Maximum Drawdown | 179.36 | |||
| Value At Risk | (23.73) | |||
| Potential Upside | 27.72 |
Momentus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Momentus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Momentus' standard deviation. In reality, there are many statistical measures that can use Momentus historical prices to predict the future Momentus' volatility.| Risk Adjusted Performance | 0.0668 | |||
| Jensen Alpha | 1.65 | |||
| Total Risk Alpha | (1.92) | |||
| Sortino Ratio | 0.1182 | |||
| Treynor Ratio | 1.77 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Momentus' 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.
Momentus Backtested Returns
Momentus is out of control given 3 months investment horizon. Momentus has Sharpe Ratio of 0.0748, which conveys that the firm had a 0.0748% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.78% are justified by taking the suggested risk. Use Momentus Mean Deviation of 12.97, downside deviation of 13.93, and Risk Adjusted Performance of 0.0668 to evaluate company specific risk that cannot be diversified away. Momentus holds a performance score of 5 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.0, which conveys possible diversification benefits within a given portfolio. Momentus returns are very sensitive to returns on the market. As the market goes up or down, Momentus is expected to follow. Use Momentus value at risk, as well as the relationship between the kurtosis and market facilitation index , to analyze future returns on Momentus.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Momentus has insignificant reverse predictability. Overlapping area represents the amount of predictability between Momentus time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Momentus price movement. The serial correlation of -0.19 indicates that over 19.0% of current Momentus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Momentus lagged returns against current returns
Autocorrelation, which is Momentus 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 Momentus' stock expected returns. We can calculate the autocorrelation of Momentus returns to help us make a trade decision. For example, suppose you find that Momentus 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 |
Momentus 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 Momentus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Momentus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Momentus stock over time.
Current vs Lagged Prices |
| Timeline |
Momentus Lagged Returns
When evaluating Momentus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Momentus stock have on its future price. Momentus 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, Momentus autocorrelation shows the relationship between Momentus stock current value and its past values and can show if there is a momentum factor associated with investing in Momentus.
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 Momentus Stock Analysis
When running Momentus' price analysis, check to measure Momentus' 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 Momentus is operating at the current time. Most of Momentus' value examination focuses on studying past and present price action to predict the probability of Momentus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Momentus' price. Additionally, you may evaluate how the addition of Momentus to your portfolios can decrease your overall portfolio volatility.