Microvast Holdings Stock Market Value
| MVST Stock | USD 0.59 0.01 1.72% |
| Symbol | Microvast |
Microvast Holdings Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Microvast Holdings. If investors know Microvast 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 Microvast Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 1.172 | Quarterly Revenue Growth 0.266 | Return On Assets (0.03) | Return On Equity (0.21) |
The market value of Microvast Holdings is measured differently than its book value, which is the value of Microvast that is recorded on the company's balance sheet. Investors also form their own opinion of Microvast Holdings' value that differs from its market value or its book value, called intrinsic value, which is Microvast Holdings' 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 Microvast Holdings' market value can be influenced by many factors that don't directly affect Microvast Holdings' 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 Microvast Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Microvast Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Microvast Holdings' 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.
Microvast Holdings '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 Microvast Holdings' 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 Microvast Holdings.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Microvast Holdings on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Microvast Holdings or generate 0.0% return on investment in Microvast Holdings over 30 days. Microvast Holdings is related to or competes with Plug Power, Solid Power, CBAK Energy, FuelCell Energy, Enovix Corp, and FREYR Battery. Microvast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage sy... More
Microvast Holdings 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 Microvast Holdings' 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 Microvast Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.19 | |||
| Information Ratio | 0.0945 | |||
| Maximum Drawdown | 358.33 | |||
| Value At Risk | (10.71) | |||
| Potential Upside | 12.5 |
Microvast Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Microvast Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Microvast Holdings' standard deviation. In reality, there are many statistical measures that can use Microvast Holdings historical prices to predict the future Microvast Holdings' volatility.| Risk Adjusted Performance | 0.0839 | |||
| Jensen Alpha | 3.98 | |||
| Total Risk Alpha | (1.45) | |||
| Sortino Ratio | 0.4978 | |||
| Treynor Ratio | 2.08 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Microvast Holdings' 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.
Microvast Holdings Backtested Returns
Microvast Holdings is out of control given 3 months investment horizon. Microvast Holdings has Sharpe Ratio of 0.0974, which conveys that the firm had a 0.0974% return per unit of risk over the last 3 months. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 4.27% are justified by taking the suggested risk. Use Microvast Holdings Mean Deviation of 12.25, risk adjusted performance of 0.0839, and Downside Deviation of 8.19 to evaluate company specific risk that cannot be diversified away. Microvast Holdings holds a performance score of 7 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.0, 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, Microvast Holdings will likely underperform. Use Microvast Holdings total risk alpha and the relationship between the downside variance and period momentum indicator , to analyze future returns on Microvast Holdings.
Auto-correlation | -0.55 |
Good reverse predictability
Microvast Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Microvast Holdings time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 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 Microvast Holdings price movement. The serial correlation of -0.55 indicates that about 55.0% of current Microvast Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Microvast Holdings lagged returns against current returns
Autocorrelation, which is Microvast Holdings 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 Microvast Holdings' stock expected returns. We can calculate the autocorrelation of Microvast Holdings returns to help us make a trade decision. For example, suppose you find that Microvast Holdings 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 |
Microvast Holdings 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 Microvast Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Microvast Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Microvast Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Microvast Holdings Lagged Returns
When evaluating Microvast Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Microvast Holdings stock have on its future price. Microvast Holdings 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, Microvast Holdings autocorrelation shows the relationship between Microvast Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Microvast Holdings.
Regressed Prices |
| Timeline |
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Additional Tools for Microvast Stock Analysis
When running Microvast Holdings' price analysis, check to measure Microvast Holdings' 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 Microvast Holdings is operating at the current time. Most of Microvast Holdings' value examination focuses on studying past and present price action to predict the probability of Microvast Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microvast Holdings' price. Additionally, you may evaluate how the addition of Microvast Holdings to your portfolios can decrease your overall portfolio volatility.