MTY Food's market value is the price at which a share of MTY Food trades on a public exchange. It measures the collective expectations of MTY Food Group investors about its performance. MTY Food is trading at 30.80 as of the 6th of January 2025. This is a 0.32 percent decrease since the beginning of the trading day. The stock's lowest day price was 30.6. With this module, you can estimate the performance of a buy and hold strategy of MTY Food Group and determine expected loss or profit from investing in MTY Food over a given investment horizon. Check out MTY Food Correlation, MTY Food Volatility and MTY Food Alpha and Beta module to complement your research on MTY Food.
Please note, there is a significant difference between MTY Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if MTY Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MTY Food'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.
MTY Food '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 MTY Food'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 MTY Food.
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01/12/2024
No Change 0.00
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In 11 months and 27 days
01/06/2025
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If you would invest 0.00 in MTY Food on January 12, 2024 and sell it all today you would earn a total of 0.00 from holding MTY Food Group or generate 0.0% return on investment in MTY Food over 360 days. MTY Food is related to or competes with Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, Identiv, and Norsk Hydro. MTY Food Group Inc. operates as a franchisor in the quick service and casual dining food industry in Canada, the United ... More
MTY Food 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 MTY Food'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 MTY Food Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for MTY Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MTY Food's standard deviation. In reality, there are many statistical measures that can use MTY Food historical prices to predict the future MTY Food's volatility.
At this point, MTY Food is very steady. MTY Food Group has Sharpe Ratio of 0.0286, which conveys that the firm had a 0.0286% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for MTY Food, which you can use to evaluate the volatility of the firm. Please verify MTY Food's Market Risk Adjusted Performance of 0.2467, mean deviation of 1.2, and Risk Adjusted Performance of 0.0402 to check out if the risk estimate we provide is consistent with the expected return of 0.0437%. MTY Food has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MTY Food's returns are expected to increase less than the market. However, during the bear market, the loss of holding MTY Food is expected to be smaller as well. MTY Food Group presently secures a risk of 1.53%. Please verify MTY Food Group maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if MTY Food Group will be following its current price movements.
Auto-correlation
-0.59
Good reverse predictability
MTY Food Group has good reverse predictability. Overlapping area represents the amount of predictability between MTY Food time series from 12th of January 2024 to 10th of July 2024 and 10th of July 2024 to 6th of January 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 MTY Food Group price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current MTY Food price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.59
Spearman Rank Test
-0.61
Residual Average
0.0
Price Variance
1.95
MTY Food Group lagged returns against current returns
Autocorrelation, which is MTY Food 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 MTY Food's stock expected returns. We can calculate the autocorrelation of MTY Food returns to help us make a trade decision. For example, suppose you find that MTY Food 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
MTY Food 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 MTY Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MTY Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MTY Food stock over time.
Current vs Lagged Prices
Timeline
MTY Food Lagged Returns
When evaluating MTY Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MTY Food stock have on its future price. MTY Food 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, MTY Food autocorrelation shows the relationship between MTY Food stock current value and its past values and can show if there is a momentum factor associated with investing in MTY Food Group.
MTY Food financial ratios help investors to determine whether MTY Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MTY with respect to the benefits of owning MTY Food security.