Montana Technologies Stock Market Value
| AIRJW Stock | 1.49 0.01 0.67% |
| Symbol | Montana |
Montana Technologies Price To Book Ratio
Is Machinery 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 Montana Technologies. If investors know Montana 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 Montana Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Montana Technologies is measured differently than its book value, which is the value of Montana that is recorded on the company's balance sheet. Investors also form their own opinion of Montana Technologies' value that differs from its market value or its book value, called intrinsic value, which is Montana Technologies' 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 Montana Technologies' market value can be influenced by many factors that don't directly affect Montana Technologies' 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 Montana Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Montana Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montana Technologies' 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.
Montana Technologies '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 Montana Technologies' 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 Montana Technologies.
| 07/23/2024 |
| 12/20/2024 |
If you would invest 0.00 in Montana Technologies on July 23, 2024 and sell it all today you would earn a total of 0.00 from holding Montana Technologies or generate 0.0% return on investment in Montana Technologies over 150 days. Montana Technologies is related to or competes with Quanex Building, Owens Corning, Trane Technologies, Fortune Brands, Alpha Pro, Armstrong World, and Carlisle Companies. Montana Technologies is entity of United States More
Montana Technologies 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 Montana Technologies' 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 Montana Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.85 | |||
| Information Ratio | 0.1925 | |||
| Maximum Drawdown | 38.01 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 16.67 |
Montana Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Montana Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Montana Technologies' standard deviation. In reality, there are many statistical measures that can use Montana Technologies historical prices to predict the future Montana Technologies' volatility.| Risk Adjusted Performance | 0.1653 | |||
| Jensen Alpha | 1.56 | |||
| Total Risk Alpha | 1.3 | |||
| Sortino Ratio | 0.2574 | |||
| Treynor Ratio | (1.18) |
Montana Technologies Backtested Returns
Montana Technologies is abnormally volatile given 3 months investment horizon. Montana Technologies has Sharpe Ratio of 0.31, which conveys that the firm had a 0.31% return per unit of risk over the last 3 months. We are able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.43% are justified by taking the suggested risk. Use Montana Technologies Risk Adjusted Performance of 0.1653, mean deviation of 5.03, and Downside Deviation of 5.85 to evaluate company specific risk that cannot be diversified away. Montana Technologies holds a performance score of 24 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.29, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Montana Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Montana Technologies is expected to outperform it. Use Montana Technologies treynor ratio, as well as the relationship between the expected short fall and day median price , to analyze future returns on Montana Technologies.
Auto-correlation | -0.66 |
Very good reverse predictability
Montana Technologies has very good reverse predictability. Overlapping area represents the amount of predictability between Montana Technologies time series from 23rd of July 2024 to 6th of October 2024 and 6th of October 2024 to 20th of December 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 Montana Technologies price movement. The serial correlation of -0.66 indicates that around 66.0% of current Montana Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Montana Technologies lagged returns against current returns
Autocorrelation, which is Montana Technologies 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 Montana Technologies' stock expected returns. We can calculate the autocorrelation of Montana Technologies returns to help us make a trade decision. For example, suppose you find that Montana Technologies 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 |
Montana Technologies 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 Montana Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Montana Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Montana Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Montana Technologies Lagged Returns
When evaluating Montana Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Montana Technologies stock have on its future price. Montana Technologies 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, Montana Technologies autocorrelation shows the relationship between Montana Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Montana Technologies.
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 Montana Stock Analysis
When running Montana Technologies' price analysis, check to measure Montana Technologies' 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 Montana Technologies is operating at the current time. Most of Montana Technologies' value examination focuses on studying past and present price action to predict the probability of Montana Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montana Technologies' price. Additionally, you may evaluate how the addition of Montana Technologies to your portfolios can decrease your overall portfolio volatility.