Mettler Toledo International Stock Market Value
| MTD Stock | USD 1,218 21.15 1.77% |
| Symbol | Mettler |
Mettler Toledo Inter Price To Book Ratio
Is Life Sciences Tools & Services 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 Mettler Toledo. If investors know Mettler 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 Mettler Toledo 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 0.081 | Earnings Share 37.03 | Revenue Per Share 176.102 | Quarterly Revenue Growth 0.013 | Return On Assets 0.2014 |
The market value of Mettler Toledo Inter is measured differently than its book value, which is the value of Mettler that is recorded on the company's balance sheet. Investors also form their own opinion of Mettler Toledo's value that differs from its market value or its book value, called intrinsic value, which is Mettler Toledo'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 Mettler Toledo's market value can be influenced by many factors that don't directly affect Mettler Toledo'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 Mettler Toledo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mettler Toledo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mettler Toledo'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.
Mettler Toledo '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 Mettler Toledo'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 Mettler Toledo.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Mettler Toledo on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Mettler Toledo International or generate 0.0% return on investment in Mettler Toledo over 60 days. Mettler Toledo is related to or competes with IDEXX Laboratories, Charles River, Agilent Technologies, Revvity, Waters, Danaher, and Thermo Fisher. Mettler-Toledo International Inc. engages in the manufacture and supply of precision instruments and services worldwide More
Mettler Toledo 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 Mettler Toledo'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 Mettler Toledo International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 12.16 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 2.61 |
Mettler Toledo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mettler Toledo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mettler Toledo's standard deviation. In reality, there are many statistical measures that can use Mettler Toledo historical prices to predict the future Mettler Toledo's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mettler Toledo'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.
Mettler Toledo Inter Backtested Returns
Mettler Toledo Inter has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Mettler Toledo exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mettler Toledo's Risk Adjusted Performance of (0.08), mean deviation of 1.37, and Standard Deviation of 1.93 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.67, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mettler Toledo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mettler Toledo is expected to be smaller as well. At this point, Mettler Toledo Inter has a negative expected return of -0.22%. Please make sure to verify Mettler Toledo's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Mettler Toledo Inter performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.68 |
Good predictability
Mettler Toledo International has good predictability. Overlapping area represents the amount of predictability between Mettler Toledo time series from 25th of September 2024 to 25th of October 2024 and 25th of October 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 Mettler Toledo Inter price movement. The serial correlation of 0.68 indicates that around 68.0% of current Mettler Toledo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 5497.32 |
Mettler Toledo Inter lagged returns against current returns
Autocorrelation, which is Mettler Toledo 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 Mettler Toledo's stock expected returns. We can calculate the autocorrelation of Mettler Toledo returns to help us make a trade decision. For example, suppose you find that Mettler Toledo 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 |
Mettler Toledo 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 Mettler Toledo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mettler Toledo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mettler Toledo stock over time.
Current vs Lagged Prices |
| Timeline |
Mettler Toledo Lagged Returns
When evaluating Mettler Toledo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mettler Toledo stock have on its future price. Mettler Toledo 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, Mettler Toledo autocorrelation shows the relationship between Mettler Toledo stock current value and its past values and can show if there is a momentum factor associated with investing in Mettler Toledo International.
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 Mettler Toledo Inter is a strong investment it is important to analyze Mettler Toledo'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 Mettler Toledo's future performance. For an informed investment choice regarding Mettler Stock, refer to the following important reports:Check out Mettler Toledo Correlation, Mettler Toledo Volatility and Mettler Toledo Alpha and Beta module to complement your research on Mettler Toledo. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Mettler Toledo 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.