Medallion Financial Corp Stock Market Value
| MFIN Stock | USD 9.42 0.04 0.42% |
| Symbol | Medallion |
Medallion Financial Corp Price To Book Ratio
Is Consumer Finance 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 Medallion Financial. If investors know Medallion 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 Medallion Financial 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 (0.23) | Dividend Share 0.4 | Earnings Share 1.69 | Revenue Per Share 12.982 | Quarterly Revenue Growth 0.097 |
The market value of Medallion Financial Corp is measured differently than its book value, which is the value of Medallion that is recorded on the company's balance sheet. Investors also form their own opinion of Medallion Financial's value that differs from its market value or its book value, called intrinsic value, which is Medallion Financial'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 Medallion Financial's market value can be influenced by many factors that don't directly affect Medallion Financial'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 Medallion Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medallion Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medallion Financial'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.
Medallion Financial '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 Medallion Financial'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 Medallion Financial.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Medallion Financial on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Medallion Financial Corp or generate 0.0% return on investment in Medallion Financial over 30 days. Medallion Financial is related to or competes with Midland States, Western New, Merchants Bancorp, MidWestOne Financial, and OFS Capital. Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States More
Medallion Financial 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 Medallion Financial'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 Medallion Financial Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.0927 | |||
| Maximum Drawdown | 7.31 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 2.72 |
Medallion Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medallion Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medallion Financial's standard deviation. In reality, there are many statistical measures that can use Medallion Financial historical prices to predict the future Medallion Financial's volatility.| Risk Adjusted Performance | 0.1462 | |||
| Jensen Alpha | 0.1282 | |||
| Total Risk Alpha | 0.0168 | |||
| Sortino Ratio | 0.0917 | |||
| Treynor Ratio | 0.2464 |
Medallion Financial Corp Backtested Returns
Medallion Financial appears to be not too volatile, given 3 months investment horizon. Medallion Financial Corp has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Medallion Financial, which you can use to evaluate the volatility of the firm. Please exercise Medallion Financial's Mean Deviation of 1.1, risk adjusted performance of 0.1462, and Downside Deviation of 1.51 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Medallion Financial holds a performance score of 17. The company secures a Beta (Market Risk) of 1.08, which conveys a somewhat significant risk relative to the market. Medallion Financial returns are very sensitive to returns on the market. As the market goes up or down, Medallion Financial is expected to follow. Please check Medallion Financial's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Medallion Financial's current price movements will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Medallion Financial Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Medallion Financial time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Medallion Financial Corp price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Medallion Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Medallion Financial Corp lagged returns against current returns
Autocorrelation, which is Medallion Financial 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 Medallion Financial's stock expected returns. We can calculate the autocorrelation of Medallion Financial returns to help us make a trade decision. For example, suppose you find that Medallion Financial 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 |
Medallion Financial 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 Medallion Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medallion Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medallion Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Medallion Financial Lagged Returns
When evaluating Medallion Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medallion Financial stock have on its future price. Medallion Financial 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, Medallion Financial autocorrelation shows the relationship between Medallion Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Medallion Financial Corp.
Regressed Prices |
| Timeline |
Pair Trading with Medallion Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Medallion Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Medallion Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Medallion Stock
Moving against Medallion Stock
| 0.86 | WU | Western Union Sell-off Trend | PairCorr |
| 0.66 | RC | Ready Capital Corp | PairCorr |
| 0.64 | BRACU | Broad Capital Acquisition | PairCorr |
| 0.56 | PT | Pintec Technology | PairCorr |
| 0.34 | EMCGR | Embrace Change Acqui | PairCorr |
The ability to find closely correlated positions to Medallion Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medallion Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Medallion Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Medallion Financial Corp to buy it.
The correlation of Medallion Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Medallion Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medallion Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Medallion Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Medallion Financial Correlation, Medallion Financial Volatility and Medallion Financial Alpha and Beta module to complement your research on Medallion Financial. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Medallion Financial 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.