Movano Inc Stock Market Value
| MOVE Stock | USD 2.65 0.06 2.21% |
| Symbol | Movano |
Movano Inc Price To Book Ratio
Is Technology Hardware, Storage & Peripherals 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 Movano. If investors know Movano 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 Movano 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 Movano Inc is measured differently than its book value, which is the value of Movano that is recorded on the company's balance sheet. Investors also form their own opinion of Movano's value that differs from its market value or its book value, called intrinsic value, which is Movano'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 Movano's market value can be influenced by many factors that don't directly affect Movano'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 Movano's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movano is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movano'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.
Movano '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 Movano'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 Movano.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Movano on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Movano Inc or generate 0.0% return on investment in Movano over 90 days. Movano is related to or competes with SANUWAVE Health,, LENSAR, Neuropace, LivaNova PLC, Electromed, Orthopediatrics Corp, and SurModics. Movano Inc. engages in developing a platform to deliver healthcare solutions at the intersection of medtech and consumer... More
Movano 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 Movano'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 Movano Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 32.07 | |||
| Value At Risk | (13.22) | |||
| Potential Upside | 6.72 |
Movano Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Movano's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Movano's standard deviation. In reality, there are many statistical measures that can use Movano historical prices to predict the future Movano's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (1.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Movano'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.
Movano Inc Backtested Returns
Movano Inc has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21 % return per unit of risk over the last 3 months. Movano exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Movano's Mean Deviation of 3.52, standard deviation of 5.64, and Risk Adjusted Performance of (0.15) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.91, which conveys possible diversification benefits within a given portfolio. Movano returns are very sensitive to returns on the market. As the market goes up or down, Movano is expected to follow. At this point, Movano Inc has a negative expected return of -1.21%. Please make sure to verify Movano's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Movano Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.71 |
Good predictability
Movano Inc has good predictability. Overlapping area represents the amount of predictability between Movano time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Movano Inc price movement. The serial correlation of 0.71 indicates that around 71.0% of current Movano price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Movano Inc lagged returns against current returns
Autocorrelation, which is Movano 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 Movano's stock expected returns. We can calculate the autocorrelation of Movano returns to help us make a trade decision. For example, suppose you find that Movano 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 |
Movano 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 Movano stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Movano stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Movano stock over time.
Current vs Lagged Prices |
| Timeline |
Movano Lagged Returns
When evaluating Movano's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Movano stock have on its future price. Movano 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, Movano autocorrelation shows the relationship between Movano stock current value and its past values and can show if there is a momentum factor associated with investing in Movano 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 Movano Inc is a strong investment it is important to analyze Movano'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 Movano's future performance. For an informed investment choice regarding Movano Stock, refer to the following important reports:Check out Movano Correlation, Movano Volatility and Movano Alpha and Beta module to complement your research on Movano. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Movano 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.