Mammoth Energy Services Stock Market Value
| TUSK Stock | USD 3.42 0.07 2.01% |
| Symbol | Mammoth |
Mammoth Energy Services Price To Book Ratio
Is Oil & Gas Equipment & Services 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 Mammoth Energy. If investors know Mammoth 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 Mammoth Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.12) | Revenue Per Share 3.905 | Quarterly Revenue Growth (0.38) | Return On Assets (0.15) | Return On Equity (0.54) |
The market value of Mammoth Energy Services is measured differently than its book value, which is the value of Mammoth that is recorded on the company's balance sheet. Investors also form their own opinion of Mammoth Energy's value that differs from its market value or its book value, called intrinsic value, which is Mammoth Energy'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 Mammoth Energy's market value can be influenced by many factors that don't directly affect Mammoth Energy'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 Mammoth Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mammoth Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mammoth Energy'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.
Mammoth Energy '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 Mammoth Energy'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 Mammoth Energy.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Mammoth Energy on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Mammoth Energy Services or generate 0.0% return on investment in Mammoth Energy over 30 days. Mammoth Energy is related to or competes with Matthews International, Griffon, Steel Partners, Compass Diversified, FTAI Infrastructure, Harte Hanks, and Seaboard. Mammoth Energy Services, Inc. operates as an energy service company More
Mammoth Energy 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 Mammoth Energy'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 Mammoth Energy Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 25.08 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 4.64 |
Mammoth Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mammoth Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mammoth Energy's standard deviation. In reality, there are many statistical measures that can use Mammoth Energy historical prices to predict the future Mammoth Energy's volatility.| Risk Adjusted Performance | 3.0E-4 | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mammoth Energy'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.
Mammoth Energy Services Backtested Returns
Mammoth Energy Services has Sharpe Ratio of -0.0213, which conveys that the firm had a -0.0213% return per unit of risk over the last 3 months. Mammoth Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mammoth Energy's Standard Deviation of 3.41, mean deviation of 2.19, and Risk Adjusted Performance of 3.0E-4 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.56, 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, Mammoth Energy will likely underperform. At this point, Mammoth Energy Services has a negative expected return of -0.073%. Please make sure to verify Mammoth Energy's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Mammoth Energy Services performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Mammoth Energy Services has good predictability. Overlapping area represents the amount of predictability between Mammoth Energy time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Mammoth Energy Services price movement. The serial correlation of 0.66 indicates that around 66.0% of current Mammoth Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Mammoth Energy Services lagged returns against current returns
Autocorrelation, which is Mammoth Energy 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 Mammoth Energy's stock expected returns. We can calculate the autocorrelation of Mammoth Energy returns to help us make a trade decision. For example, suppose you find that Mammoth Energy 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 |
Mammoth Energy 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 Mammoth Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mammoth Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mammoth Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Mammoth Energy Lagged Returns
When evaluating Mammoth Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mammoth Energy stock have on its future price. Mammoth Energy 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, Mammoth Energy autocorrelation shows the relationship between Mammoth Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Mammoth Energy Services.
Regressed Prices |
| Timeline |
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Mammoth Energy 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.