Myt Netherlands Parent Stock Statistic Functions Beta
| MYTE Stock | USD 7.00 0.02 0.28% |
| Symbol |
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on MYT Netherlands Parent correlated with the market. If Beta is less than 0 MYT Netherlands generally moves in the opposite direction as compared to the market. If MYT Netherlands Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MYT Netherlands Parent is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MYT Netherlands is generally in the same direction as the market. If Beta > 1 MYT Netherlands moves generally in the same direction as, but more than the movement of the benchmark.
MYT Netherlands Technical Analysis Modules
Most technical analysis of MYT Netherlands help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MYT from various momentum indicators to cycle indicators. When you analyze MYT charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About MYT Netherlands Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MYT Netherlands Parent. We use our internally-developed statistical techniques to arrive at the intrinsic value of MYT Netherlands Parent based on widely used predictive technical indicators. In general, we focus on analyzing MYT Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MYT Netherlands's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of MYT Netherlands's intrinsic value. In addition to deriving basic predictive indicators for MYT Netherlands, we also check how macroeconomic factors affect MYT Netherlands price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 (projected) | Days Sales Outstanding | 4.38 | 3.57 | 5.13 | PTB Ratio | 1.88 | 0.71 | 0.94 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MYT Netherlands' 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.
Be your own money manager
As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Generate Optimal Portfolios
Align your risk and return expectations
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYT Netherlands Parent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Apparel, Accessories & Luxury Goods 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 MYT Netherlands. If investors know MYT 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 MYT Netherlands 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 (0.91) | Earnings Share (0.44) | Revenue Per Share 9.687 | Quarterly Revenue Growth 0.104 | Return On Assets (0.01) |
The market value of MYT Netherlands Parent is measured differently than its book value, which is the value of MYT that is recorded on the company's balance sheet. Investors also form their own opinion of MYT Netherlands' value that differs from its market value or its book value, called intrinsic value, which is MYT Netherlands' 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 MYT Netherlands' market value can be influenced by many factors that don't directly affect MYT Netherlands' 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 MYT Netherlands' value and its price as these two are different measures arrived at by different means. Investors typically determine if MYT Netherlands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYT Netherlands' 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.