M3 Inc Stock Market Value
| MTHRF Stock | USD 10.18 0.00 0.00% |
| Symbol | M3 |
M3 '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 M3's pink sheet 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 M3.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in M3 on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding M3 Inc or generate 0.0% return on investment in M3 over 30 days. M3 is related to or competes with Definitive Healthcare, Privia Health, and HealthStream. M3, Inc. provides medical-related services primarily to physicians and other healthcare professionals through Internet More
M3 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 M3's pink sheet 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 M3 Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.35 |
M3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for M3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as M3's standard deviation. In reality, there are many statistical measures that can use M3 historical prices to predict the future M3's volatility.| Risk Adjusted Performance | 0.0207 | |||
| Jensen Alpha | 0.0366 | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.26) |
M3 Inc Backtested Returns
At this point, M3 is not too volatile. M3 Inc retains Efficiency (Sharpe Ratio) of 0.0199, which conveys that the company had a 0.0199% return per unit of price deviation over the last 3 months. We have found sixteen technical indicators for M3, which you can use to evaluate the volatility of the entity. Please verify M3's Market Risk Adjusted Performance of (0.25), mean deviation of 0.3554, and Information Ratio of (0.05) to check out if the risk estimate we provide is consistent with the expected return of 0.0369%. M3 has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.0986, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning M3 are expected to decrease at a much lower rate. During the bear market, M3 is likely to outperform the market. M3 Inc today owns a risk of 1.86%. Please verify M3 Inc variance, as well as the relationship between the skewness and day typical price , to decide if M3 Inc will be following its current price history.
Auto-correlation | 0.00 |
No correlation between past and present
M3 Inc has no correlation between past and present. Overlapping area represents the amount of predictability between M3 time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 M3 Inc price movement. The serial correlation of 0.0 indicates that just 0.0% of current M3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
M3 Inc lagged returns against current returns
Autocorrelation, which is M3 pink sheet'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 M3's pink sheet expected returns. We can calculate the autocorrelation of M3 returns to help us make a trade decision. For example, suppose you find that M3 has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
M3 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 M3 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if M3 pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in M3 pink sheet over time.
Current vs Lagged Prices |
| Timeline |
M3 Lagged Returns
When evaluating M3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of M3 pink sheet have on its future price. M3 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, M3 autocorrelation shows the relationship between M3 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in M3 Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in M3 Pink Sheet
M3 financial ratios help investors to determine whether M3 Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in M3 with respect to the benefits of owning M3 security.