Matterport Stock Market Value
| MTTR Stock | USD 4.86 0.08 1.67% |
| Symbol | Matterport |
Matterport Price To Book Ratio
Is Application Software 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 Matterport. If investors know Matterport 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 Matterport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.82) | Revenue Per Share 0.526 | Quarterly Revenue Growth 0.078 | Return On Assets (0.19) | Return On Equity (0.55) |
The market value of Matterport is measured differently than its book value, which is the value of Matterport that is recorded on the company's balance sheet. Investors also form their own opinion of Matterport's value that differs from its market value or its book value, called intrinsic value, which is Matterport'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 Matterport's market value can be influenced by many factors that don't directly affect Matterport'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 Matterport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matterport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matterport'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.
Matterport '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 Matterport'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 Matterport.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Matterport on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Matterport or generate 0.0% return on investment in Matterport over 720 days. Matterport is related to or competes with Alkami Technology, Paycor HCM, Procore Technologies, and Enfusion. Matterport, Inc., a spatial data company, focuses on digitization and datafication of the built world More
Matterport 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 Matterport'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 Matterport upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.66 | |||
| Information Ratio | 0.0319 | |||
| Maximum Drawdown | 9.12 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.91 |
Matterport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Matterport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Matterport's standard deviation. In reality, there are many statistical measures that can use Matterport historical prices to predict the future Matterport's volatility.| Risk Adjusted Performance | 0.0786 | |||
| Jensen Alpha | 0.0021 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.033 | |||
| Treynor Ratio | 0.1008 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matterport'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.
Matterport Backtested Returns
Currently, Matterport is somewhat reliable. Matterport has Sharpe Ratio of 0.0787, which conveys that the firm had a 0.0787% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Matterport, which you can use to evaluate the volatility of the firm. Please verify Matterport's Mean Deviation of 1.15, risk adjusted performance of 0.0786, and Downside Deviation of 1.66 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. Matterport has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.53, 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, Matterport will likely underperform. Matterport right now secures a risk of 1.69%. Please verify Matterport downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Matterport will be following its current price movements.
Auto-correlation | -0.32 |
Poor reverse predictability
Matterport has poor reverse predictability. Overlapping area represents the amount of predictability between Matterport time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Matterport price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Matterport price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 1.21 |
Matterport lagged returns against current returns
Autocorrelation, which is Matterport 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 Matterport's stock expected returns. We can calculate the autocorrelation of Matterport returns to help us make a trade decision. For example, suppose you find that Matterport 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 |
Matterport 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 Matterport stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matterport stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Matterport stock over time.
Current vs Lagged Prices |
| Timeline |
Matterport Lagged Returns
When evaluating Matterport's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Matterport stock have on its future price. Matterport 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, Matterport autocorrelation shows the relationship between Matterport stock current value and its past values and can show if there is a momentum factor associated with investing in Matterport.
Regressed Prices |
| Timeline |
Pair Trading with Matterport
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Matterport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Matterport will appreciate offsetting losses from the drop in the long position's value.Moving together with Matterport Stock
Moving against Matterport Stock
| 0.7 | VERB | VERB TECHNOLOGY PANY | PairCorr |
| 0.61 | DMAN | Innovativ Media Group | PairCorr |
| 0.47 | VCSA | Vacasa Inc | PairCorr |
| 0.45 | EGAN | eGain | PairCorr |
The ability to find closely correlated positions to Matterport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Matterport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Matterport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Matterport to buy it.
The correlation of Matterport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Matterport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Matterport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Matterport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Matterport Stock Analysis
When running Matterport's price analysis, check to measure Matterport'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 Matterport is operating at the current time. Most of Matterport's value examination focuses on studying past and present price action to predict the probability of Matterport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matterport's price. Additionally, you may evaluate how the addition of Matterport to your portfolios can decrease your overall portfolio volatility.