Metal Sky Star Stock Market Value
| MSSA Stock | USD 11.88 0.18 1.54% |
| Symbol | Metal |
Metal Sky Star Company Valuation
Is Asset Management & Custody Banks 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 Metal Sky. If investors know Metal 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 Metal Sky 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 0.157 | Earnings Share 0.57 | Return On Assets (0.01) |
The market value of Metal Sky Star is measured differently than its book value, which is the value of Metal that is recorded on the company's balance sheet. Investors also form their own opinion of Metal Sky's value that differs from its market value or its book value, called intrinsic value, which is Metal Sky'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 Metal Sky's market value can be influenced by many factors that don't directly affect Metal Sky'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 Metal Sky's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metal Sky is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metal Sky'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.
Metal Sky '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 Metal Sky'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 Metal Sky.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Metal Sky on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Metal Sky Star or generate 0.0% return on investment in Metal Sky over 480 days. Metal Sky is related to or competes with HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, Via Renewables, Bondbloxx ETF, and Knife River. Metal Sky Star Acquisition Corporation is a blank check company More
Metal Sky 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 Metal Sky'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 Metal Sky Star upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.98 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.58 |
Metal Sky Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metal Sky's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metal Sky's standard deviation. In reality, there are many statistical measures that can use Metal Sky historical prices to predict the future Metal Sky's volatility.| Risk Adjusted Performance | 0.0565 | |||
| Jensen Alpha | 0.0747 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Metal Sky'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.
Metal Sky Star Backtested Returns
At this point, Metal Sky is very steady. Metal Sky Star has Sharpe Ratio of 0.0845, which conveys that the firm had a 0.0845% return per unit of risk over the last 3 months. We have found thirty technical indicators for Metal Sky, which you can use to evaluate the volatility of the firm. Please verify Metal Sky's Downside Deviation of 1.17, risk adjusted performance of 0.0565, and Mean Deviation of 0.4848 to check out if the risk estimate we provide is consistent with the expected return of 0.0768%. Metal Sky has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Metal Sky are expected to decrease at a much lower rate. During the bear market, Metal Sky is likely to outperform the market. Metal Sky Star right now secures a risk of 0.91%. Please verify Metal Sky Star expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Metal Sky Star will be following its current price movements.
Auto-correlation | 0.85 |
Very good predictability
Metal Sky Star has very good predictability. Overlapping area represents the amount of predictability between Metal Sky time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Metal Sky Star price movement. The serial correlation of 0.85 indicates that around 85.0% of current Metal Sky price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Metal Sky Star lagged returns against current returns
Autocorrelation, which is Metal Sky 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 Metal Sky's stock expected returns. We can calculate the autocorrelation of Metal Sky returns to help us make a trade decision. For example, suppose you find that Metal Sky 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 |
Metal Sky 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 Metal Sky stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metal Sky stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metal Sky stock over time.
Current vs Lagged Prices |
| Timeline |
Metal Sky Lagged Returns
When evaluating Metal Sky's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metal Sky stock have on its future price. Metal Sky 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, Metal Sky autocorrelation shows the relationship between Metal Sky stock current value and its past values and can show if there is a momentum factor associated with investing in Metal Sky Star.
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 Metal Sky Star is a strong investment it is important to analyze Metal Sky'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 Metal Sky's future performance. For an informed investment choice regarding Metal Stock, refer to the following important reports:Check out Metal Sky Correlation, Metal Sky Volatility and Metal Sky Alpha and Beta module to complement your research on Metal Sky. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Metal Sky 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.