Medifast Inc Stock Market Value
| MED Stock | USD 19.67 0.23 1.18% |
| Symbol | MEDIFAST |
MEDIFAST INC Price To Book Ratio
Is Personal Care Products 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 MEDIFAST INC. If investors know MEDIFAST 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 MEDIFAST INC 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 (0.95) | Earnings Share 0.67 | Revenue Per Share 61.769 | Quarterly Revenue Growth (0.41) | Return On Assets 0.0477 |
The market value of MEDIFAST INC is measured differently than its book value, which is the value of MEDIFAST that is recorded on the company's balance sheet. Investors also form their own opinion of MEDIFAST INC's value that differs from its market value or its book value, called intrinsic value, which is MEDIFAST INC'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 MEDIFAST INC's market value can be influenced by many factors that don't directly affect MEDIFAST INC'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 MEDIFAST INC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MEDIFAST INC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MEDIFAST INC'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.
MEDIFAST INC '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 MEDIFAST INC'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 MEDIFAST INC.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in MEDIFAST INC on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding MEDIFAST INC or generate 0.0% return on investment in MEDIFAST INC over 30 days. MEDIFAST INC is related to or competes with Rollins, Carriage Services, Service International, Bright Horizons, HR Block, Mister Car, and Interactive Strength. Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living pr... More
MEDIFAST INC 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 MEDIFAST INC'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 MEDIFAST INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 15.04 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 4.85 |
MEDIFAST INC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MEDIFAST INC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MEDIFAST INC's standard deviation. In reality, there are many statistical measures that can use MEDIFAST INC historical prices to predict the future MEDIFAST INC's volatility.| Risk Adjusted Performance | 0.0237 | |||
| Jensen Alpha | 0.0328 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.3584 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MEDIFAST INC'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.
MEDIFAST INC Backtested Returns
At this point, MEDIFAST INC is very steady. MEDIFAST INC has Sharpe Ratio of 0.0664, which conveys that the firm had a 0.0664% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MEDIFAST INC, which you can use to evaluate the volatility of the firm. Please verify MEDIFAST INC's mean deviation of 2.07, and Risk Adjusted Performance of 0.0237 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. MEDIFAST INC has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MEDIFAST INC's returns are expected to increase less than the market. However, during the bear market, the loss of holding MEDIFAST INC is expected to be smaller as well. MEDIFAST INC at this time secures a risk of 2.71%. Please verify MEDIFAST INC maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if MEDIFAST INC will be following its current price movements.
Auto-correlation | 0.06 |
Virtually no predictability
MEDIFAST INC has virtually no predictability. Overlapping area represents the amount of predictability between MEDIFAST INC time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 MEDIFAST INC price movement. The serial correlation of 0.06 indicates that barely 6.0% of current MEDIFAST INC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
MEDIFAST INC lagged returns against current returns
Autocorrelation, which is MEDIFAST INC 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 MEDIFAST INC's stock expected returns. We can calculate the autocorrelation of MEDIFAST INC returns to help us make a trade decision. For example, suppose you find that MEDIFAST INC 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 |
MEDIFAST INC 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 MEDIFAST INC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MEDIFAST INC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MEDIFAST INC stock over time.
Current vs Lagged Prices |
| Timeline |
MEDIFAST INC Lagged Returns
When evaluating MEDIFAST INC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MEDIFAST INC stock have on its future price. MEDIFAST INC 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, MEDIFAST INC autocorrelation shows the relationship between MEDIFAST INC stock current value and its past values and can show if there is a momentum factor associated with investing in MEDIFAST INC.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether MEDIFAST INC is a strong investment it is important to analyze MEDIFAST INC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MEDIFAST INC's future performance. For an informed investment choice regarding MEDIFAST Stock, refer to the following important reports:Check out MEDIFAST INC Correlation, MEDIFAST INC Volatility and MEDIFAST INC Alpha and Beta module to complement your research on MEDIFAST INC. For information on how to trade MEDIFAST Stock refer to our How to Trade MEDIFAST Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
MEDIFAST INC 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.