Murano Global Investments Stock Market Value
| MRNO Stock | 9.53 0.34 3.44% |
| Symbol | Murano |
Murano Global Investments Price To Book Ratio
Is Real Estate Management & Development 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 Murano Global. If investors know Murano 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 Murano Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.85) | Revenue Per Share 0.496 | Quarterly Revenue Growth 1.512 | Return On Assets (0.01) | Return On Equity (0.17) |
The market value of Murano Global Investments is measured differently than its book value, which is the value of Murano that is recorded on the company's balance sheet. Investors also form their own opinion of Murano Global's value that differs from its market value or its book value, called intrinsic value, which is Murano Global'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 Murano Global's market value can be influenced by many factors that don't directly affect Murano Global'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 Murano Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Murano Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Murano Global'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.
Murano Global '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 Murano Global'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 Murano Global.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Murano Global on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Murano Global Investments or generate 0.0% return on investment in Murano Global over 270 days. Murano Global is related to or competes with Investcorp Credit, Medalist Diversified, Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, and Sitka Gold. Murano Global is entity of United States More
Murano Global 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 Murano Global'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 Murano Global Investments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.61 | |||
| Information Ratio | 0.105 | |||
| Maximum Drawdown | 40.78 | |||
| Value At Risk | (7.81) | |||
| Potential Upside | 11.13 |
Murano Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Murano Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Murano Global's standard deviation. In reality, there are many statistical measures that can use Murano Global historical prices to predict the future Murano Global's volatility.| Risk Adjusted Performance | 0.1034 | |||
| Jensen Alpha | 0.812 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.1344 | |||
| Treynor Ratio | 1.69 |
Murano Global Investments Backtested Returns
Murano Global appears to be relatively risky, given 3 months investment horizon. Murano Global Investments has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Murano Global's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please exercise Murano Global's Risk Adjusted Performance of 0.1034, mean deviation of 4.79, and Downside Deviation of 5.61 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Murano Global holds a performance score of 9. The company secures a Beta (Market Risk) of 0.52, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Murano Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Murano Global is expected to be smaller as well. Please check Murano Global's value at risk, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Murano Global's current price movements will revert.
Auto-correlation | 0.42 |
Average predictability
Murano Global Investments has average predictability. Overlapping area represents the amount of predictability between Murano Global 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 Murano Global Investments price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Murano Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 1.31 |
Murano Global Investments lagged returns against current returns
Autocorrelation, which is Murano Global 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 Murano Global's stock expected returns. We can calculate the autocorrelation of Murano Global returns to help us make a trade decision. For example, suppose you find that Murano Global 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 |
Murano Global 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 Murano Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Murano Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Murano Global stock over time.
Current vs Lagged Prices |
| Timeline |
Murano Global Lagged Returns
When evaluating Murano Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Murano Global stock have on its future price. Murano Global 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, Murano Global autocorrelation shows the relationship between Murano Global stock current value and its past values and can show if there is a momentum factor associated with investing in Murano Global Investments.
Regressed Prices |
| Timeline |
Pair Trading with Murano Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Murano Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Murano Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Murano Stock
Moving against Murano Stock
| 0.62 | FR | First Industrial Realty | PairCorr |
| 0.62 | RC | Ready Capital Corp | PairCorr |
| 0.6 | UK | Ucommune International | PairCorr |
| 0.56 | AHT-PG | Ashford Hospitality Trust | PairCorr |
| 0.5 | VICI | VICI Properties | PairCorr |
The ability to find closely correlated positions to Murano Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Murano Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Murano Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Murano Global Investments to buy it.
The correlation of Murano Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Murano Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Murano Global Investments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Murano Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Murano Global Correlation, Murano Global Volatility and Murano Global Alpha and Beta module to complement your research on Murano Global. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Murano Global 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.