Mannatech Incorporated Stock Market Value
| MTEX Stock | USD 7.88 0.52 6.19% |
| Symbol | Mannatech |
Mannatech Incorporated Price To Book Ratio
Is Personal Care Products 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 Mannatech Incorporated. If investors know Mannatech 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 Mannatech Incorporated 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 0.957 | Earnings Share (0.82) | Revenue Per Share 65.339 | Quarterly Revenue Growth (0.15) | Return On Assets (0.01) |
The market value of Mannatech Incorporated is measured differently than its book value, which is the value of Mannatech that is recorded on the company's balance sheet. Investors also form their own opinion of Mannatech Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Mannatech Incorporated'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 Mannatech Incorporated's market value can be influenced by many factors that don't directly affect Mannatech Incorporated'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 Mannatech Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mannatech Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mannatech Incorporated'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.
Mannatech Incorporated '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 Mannatech Incorporated'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 Mannatech Incorporated.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Mannatech Incorporated on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Mannatech Incorporated or generate 0.0% return on investment in Mannatech Incorporated over 30 days. Mannatech Incorporated is related to or competes with Edgewell Personal, Inter Parfums, Nu Skin, Helen Of, European Wax, and Spectrum Brands. Mannatech, Incorporated operates as a health and wellness company worldwide More
Mannatech Incorporated 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 Mannatech Incorporated'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 Mannatech Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.13 | |||
| Information Ratio | 0.0173 | |||
| Maximum Drawdown | 16.06 | |||
| Value At Risk | (5.35) | |||
| Potential Upside | 5.52 |
Mannatech Incorporated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mannatech Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mannatech Incorporated's standard deviation. In reality, there are many statistical measures that can use Mannatech Incorporated historical prices to predict the future Mannatech Incorporated's volatility.| Risk Adjusted Performance | 0.0518 | |||
| Jensen Alpha | 0.091 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.018 | |||
| Treynor Ratio | 0.2484 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mannatech Incorporated'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.
Mannatech Incorporated Backtested Returns
At this stage we consider Mannatech Stock to be slightly risky. Mannatech Incorporated has Sharpe Ratio of 0.0345, which conveys that the firm had a 0.0345% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mannatech Incorporated, which you can use to evaluate the volatility of the firm. Please verify Mannatech Incorporated's Mean Deviation of 2.11, downside deviation of 3.13, and Risk Adjusted Performance of 0.0518 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. Mannatech Incorporated has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.71, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mannatech Incorporated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mannatech Incorporated is expected to be smaller as well. Mannatech Incorporated right now secures a risk of 3.5%. Please verify Mannatech Incorporated value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Mannatech Incorporated will be following its current price movements.
Auto-correlation | -0.05 |
Very weak reverse predictability
Mannatech Incorporated has very weak reverse predictability. Overlapping area represents the amount of predictability between Mannatech Incorporated time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Mannatech Incorporated price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Mannatech Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Mannatech Incorporated lagged returns against current returns
Autocorrelation, which is Mannatech Incorporated 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 Mannatech Incorporated's stock expected returns. We can calculate the autocorrelation of Mannatech Incorporated returns to help us make a trade decision. For example, suppose you find that Mannatech Incorporated 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 |
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Mannatech Incorporated 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 Mannatech Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mannatech Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mannatech Incorporated stock over time.
Current vs Lagged Prices |
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Mannatech Incorporated Lagged Returns
When evaluating Mannatech Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mannatech Incorporated stock have on its future price. Mannatech Incorporated 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, Mannatech Incorporated autocorrelation shows the relationship between Mannatech Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in Mannatech Incorporated.
Regressed Prices |
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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 Mannatech Stock Analysis
When running Mannatech Incorporated's price analysis, check to measure Mannatech Incorporated's 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 Mannatech Incorporated is operating at the current time. Most of Mannatech Incorporated's value examination focuses on studying past and present price action to predict the probability of Mannatech Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mannatech Incorporated's price. Additionally, you may evaluate how the addition of Mannatech Incorporated to your portfolios can decrease your overall portfolio volatility.