M3 Inc Stock Market Value
| MTHRY Stock | USD 4.79 0.04 0.84% |
| 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.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in M3 on December 8, 2022 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 720 days. M3 is related to or competes with National Research, Certara, Health Catalyst, HealthStream, Definitive Healthcare, Privia Health, and HealthEquity. 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 | (0.04) | |||
| Maximum Drawdown | 17.8 | |||
| Value At Risk | (5.97) | |||
| Potential Upside | 5.96 |
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 | 0.0043 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.05) |
M3 Inc Backtested Returns
At this stage we consider M3 Pink Sheet to be relatively risky. M3 Inc retains Efficiency (Sharpe Ratio) of 0.002, which conveys that the company had a 0.002% return per unit of price deviation over the last 3 months. We have found twenty-three technical indicators for M3, which you can use to evaluate the volatility of the entity. Please verify M3's Mean Deviation of 2.37, market risk adjusted performance of (0.04), and Information Ratio of (0.04) to check out if the risk estimate we provide is consistent with the expected return of 0.0068%. The firm owns a Beta (Systematic Risk) of 0.52, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, M3's returns are expected to increase less than the market. However, during the bear market, the loss of holding M3 is expected to be smaller as well. M3 Inc today owns a risk of 3.36%. Please verify M3 Inc treynor ratio, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if M3 Inc will be following its current price history.
Auto-correlation | 0.75 |
Good predictability
M3 Inc has good predictability. Overlapping area represents the amount of predictability between M3 time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 0.75 indicates that around 75.0% of current M3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 1.5 |
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 |
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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 M3 Pink Sheet Analysis
When running M3's price analysis, check to measure M3'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 M3 is operating at the current time. Most of M3's value examination focuses on studying past and present price action to predict the probability of M3's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move M3's price. Additionally, you may evaluate how the addition of M3 to your portfolios can decrease your overall portfolio volatility.