My Size Stock Market Value
| MYSZ Stock | USD 1.44 0.07 4.64% |
| Symbol | MYSZ |
My Size 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 My Size. If investors know MYSZ 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 My Size listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.66) | Revenue Per Share 19.678 | Quarterly Revenue Growth 0.534 | Return On Assets (0.27) | Return On Equity (0.97) |
The market value of My Size is measured differently than its book value, which is the value of MYSZ that is recorded on the company's balance sheet. Investors also form their own opinion of My Size's value that differs from its market value or its book value, called intrinsic value, which is My Size'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 My Size's market value can be influenced by many factors that don't directly affect My Size'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 My Size's value and its price as these two are different measures arrived at by different means. Investors typically determine if My Size is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, My Size'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.
My Size '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 My Size'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 My Size.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in My Size on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding My Size or generate 0.0% return on investment in My Size over 60 days. My Size is related to or competes with Oneconnect Financial, Trust Stamp, Amesite Operating, Infobird, MMTEC, Blackboxstocks, and Freight Technologies. My Size, Inc. develops and commercializes mobile device measurement solutions for e-commerce fashionapparel, shippingpar... More
My Size 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 My Size'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 My Size upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 37.06 | |||
| Value At Risk | (8.60) | |||
| Potential Upside | 14.46 |
My Size Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for My Size's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as My Size's standard deviation. In reality, there are many statistical measures that can use My Size historical prices to predict the future My Size's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (1.38) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of My Size'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.
My Size Backtested Returns
My Size retains Efficiency (Sharpe Ratio) of -0.0249, which conveys that the firm had a -0.0249% return per unit of price deviation over the last 3 months. My Size exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify My Size's Mean Deviation of 4.92, market risk adjusted performance of (0.27), and Information Ratio of (0.06) to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.13, which conveys a somewhat significant risk relative to the market. My Size returns are very sensitive to returns on the market. As the market goes up or down, My Size is expected to follow. At this point, My Size has a negative expected return of -0.17%. Please make sure to verify My Size's potential upside, day median price, and the relationship between the total risk alpha and accumulation distribution , to decide if My Size performance from the past will be repeated at future time.
Auto-correlation | -0.43 |
Modest reverse predictability
My Size has modest reverse predictability. Overlapping area represents the amount of predictability between My Size time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 My Size price movement. The serial correlation of -0.43 indicates that just about 43.0% of current My Size price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
My Size lagged returns against current returns
Autocorrelation, which is My Size 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 My Size's stock expected returns. We can calculate the autocorrelation of My Size returns to help us make a trade decision. For example, suppose you find that My Size 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 |
My Size 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 My Size stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if My Size stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in My Size stock over time.
Current vs Lagged Prices |
| Timeline |
My Size Lagged Returns
When evaluating My Size's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of My Size stock have on its future price. My Size 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, My Size autocorrelation shows the relationship between My Size stock current value and its past values and can show if there is a momentum factor associated with investing in My Size.
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 MYSZ Stock Analysis
When running My Size's price analysis, check to measure My Size'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 My Size is operating at the current time. Most of My Size's value examination focuses on studying past and present price action to predict the probability of My Size's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move My Size's price. Additionally, you may evaluate how the addition of My Size to your portfolios can decrease your overall portfolio volatility.