Multi Ways Holdings Stock Market Value
| MWG Stock | 0.28 0.01 3.45% |
| Symbol | Multi |
Multi Ways 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 Multi Ways. If investors know Multi 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 Multi Ways 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 (0.17) | Earnings Share 0.22 | Revenue Per Share | Quarterly Revenue Growth (0.02) | Return On Assets |
The market value of Multi Ways Holdings is measured differently than its book value, which is the value of Multi that is recorded on the company's balance sheet. Investors also form their own opinion of Multi Ways' value that differs from its market value or its book value, called intrinsic value, which is Multi Ways' 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 Multi Ways' market value can be influenced by many factors that don't directly affect Multi Ways' 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 Multi Ways' value and its price as these two are different measures arrived at by different means. Investors typically determine if Multi Ways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Multi Ways' 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.
Multi Ways '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 Multi Ways' 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 Multi Ways.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Multi Ways on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Multi Ways Holdings or generate 0.0% return on investment in Multi Ways over 30 days. Multi Ways is related to or competes with FlexShopper, Hertz Global, Avis Budget, PROG Holdings, Fortress Transportation, Ashtead Gro, and Ashtead Group. Multi Ways is entity of United States. It is traded as Stock on NYSE MKT exchange. More
Multi Ways 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 Multi Ways' 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 Multi Ways Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.85 | |||
| Information Ratio | 0.0186 | |||
| Maximum Drawdown | 25.68 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 8.33 |
Multi Ways Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi Ways' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multi Ways' standard deviation. In reality, there are many statistical measures that can use Multi Ways historical prices to predict the future Multi Ways' volatility.| Risk Adjusted Performance | 0.0233 | |||
| Jensen Alpha | 0.0818 | |||
| Total Risk Alpha | 0.0759 | |||
| Sortino Ratio | 0.0168 | |||
| Treynor Ratio | 0.0949 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Multi Ways' 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.
Multi Ways Holdings Backtested Returns
Multi Ways appears to be out of control, given 3 months investment horizon. Multi Ways Holdings has Sharpe Ratio of 0.0794, which conveys that the firm had a 0.0794 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Multi Ways, which you can use to evaluate the volatility of the firm. Please exercise Multi Ways' Mean Deviation of 2.94, risk adjusted performance of 0.0233, and Downside Deviation of 4.85 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Multi Ways holds a performance score of 6. The company secures a Beta (Market Risk) of 0.87, which conveys possible diversification benefits within a given portfolio. Multi Ways returns are very sensitive to returns on the market. As the market goes up or down, Multi Ways is expected to follow. Please check Multi Ways' treynor ratio and the relationship between the semi variance and price action indicator , to make a quick decision on whether Multi Ways' current price movements will revert.
Auto-correlation | -0.54 |
Good reverse predictability
Multi Ways Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Multi Ways time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Multi Ways Holdings price movement. The serial correlation of -0.54 indicates that about 54.0% of current Multi Ways price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Multi Ways Holdings lagged returns against current returns
Autocorrelation, which is Multi Ways 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 Multi Ways' stock expected returns. We can calculate the autocorrelation of Multi Ways returns to help us make a trade decision. For example, suppose you find that Multi Ways 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 |
Multi Ways 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 Multi Ways stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multi Ways stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multi Ways stock over time.
Current vs Lagged Prices |
| Timeline |
Multi Ways Lagged Returns
When evaluating Multi Ways' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multi Ways stock have on its future price. Multi Ways 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, Multi Ways autocorrelation shows the relationship between Multi Ways stock current value and its past values and can show if there is a momentum factor associated with investing in Multi Ways Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Multi Ways Holdings is a strong investment it is important to analyze Multi Ways' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Multi Ways' future performance. For an informed investment choice regarding Multi Stock, refer to the following important reports:Check out Multi Ways Correlation, Multi Ways Volatility and Multi Ways Alpha and Beta module to complement your research on Multi Ways. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Multi Ways technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.