Madison Square Garden Stock Market Value
| MSGE Stock | USD 36.28 0.06 0.17% |
| Symbol | Madison |
Madison Square Garden Price To Book Ratio
Is Movies & Entertainment 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 Madison Square. If investors know Madison 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 Madison Square 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 (0.86) | Earnings Share 3.57 | Revenue Per Share 20.029 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0547 |
The market value of Madison Square Garden is measured differently than its book value, which is the value of Madison that is recorded on the company's balance sheet. Investors also form their own opinion of Madison Square's value that differs from its market value or its book value, called intrinsic value, which is Madison Square'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 Madison Square's market value can be influenced by many factors that don't directly affect Madison Square'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 Madison Square's value and its price as these two are different measures arrived at by different means. Investors typically determine if Madison Square is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Madison Square'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.
Madison Square '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 Madison Square'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 Madison Square.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Madison Square on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Madison Square Garden or generate 0.0% return on investment in Madison Square over 30 days. Madison Square is related to or competes with Madison Square, Graham Holdings, Atlanta Braves, Live Nation, and Atlanta Braves. Madison Square Garden Entertainment Corp More
Madison Square 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 Madison Square'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 Madison Square Garden upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 13.38 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.49 |
Madison Square Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Madison Square's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Madison Square's standard deviation. In reality, there are many statistical measures that can use Madison Square historical prices to predict the future Madison Square's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.15) |
Madison Square Garden Backtested Returns
Madison Square Garden has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Madison Square exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Madison Square's Risk Adjusted Performance of (0.06), standard deviation of 1.86, and Mean Deviation of 1.31 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.21, 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, Madison Square will likely underperform. At this point, Madison Square Garden has a negative expected return of -0.22%. Please make sure to verify Madison Square's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Madison Square Garden performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Madison Square Garden has poor predictability. Overlapping area represents the amount of predictability between Madison Square time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Madison Square Garden price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Madison Square price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.84 |
Madison Square Garden lagged returns against current returns
Autocorrelation, which is Madison Square 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 Madison Square's stock expected returns. We can calculate the autocorrelation of Madison Square returns to help us make a trade decision. For example, suppose you find that Madison Square 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 |
Madison Square 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 Madison Square stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Madison Square stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Madison Square stock over time.
Current vs Lagged Prices |
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Madison Square Lagged Returns
When evaluating Madison Square's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Madison Square stock have on its future price. Madison Square 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, Madison Square autocorrelation shows the relationship between Madison Square stock current value and its past values and can show if there is a momentum factor associated with investing in Madison Square Garden.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Madison Square Garden is a strong investment it is important to analyze Madison Square's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Madison Square's future performance. For an informed investment choice regarding Madison Stock, refer to the following important reports:Check out Madison Square Correlation, Madison Square Volatility and Madison Square Alpha and Beta module to complement your research on Madison Square. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Madison Square 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.