Mmtec Inc Stock Market Value
| MTC Stock | USD 1.58 0.13 8.97% |
| Symbol | MMTEC |
MMTEC Inc Price To Book Ratio
Is Application Software 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 MMTEC. If investors know MMTEC 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 MMTEC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share 0.008 | Quarterly Revenue Growth 2.895 | Return On Assets (0.04) | Return On Equity (0.07) |
The market value of MMTEC Inc is measured differently than its book value, which is the value of MMTEC that is recorded on the company's balance sheet. Investors also form their own opinion of MMTEC's value that differs from its market value or its book value, called intrinsic value, which is MMTEC'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 MMTEC's market value can be influenced by many factors that don't directly affect MMTEC'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 MMTEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MMTEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MMTEC'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.
MMTEC '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 MMTEC'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 MMTEC.
| 06/29/2024 |
| 12/26/2024 |
If you would invest 0.00 in MMTEC on June 29, 2024 and sell it all today you would earn a total of 0.00 from holding MMTEC Inc or generate 0.0% return on investment in MMTEC over 180 days. MMTEC is related to or competes with BASE, Red Violet, Adcore, RenoWorks Software, and PAR Technology. MMTec, Inc., together with its subsidiaries, develops and deploys platforms that enable financial institutions to engage... More
MMTEC 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 MMTEC'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 MMTEC Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.13 | |||
| Information Ratio | 0.0128 | |||
| Maximum Drawdown | 89.27 | |||
| Value At Risk | (14.78) | |||
| Potential Upside | 15.36 |
MMTEC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MMTEC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MMTEC's standard deviation. In reality, there are many statistical measures that can use MMTEC historical prices to predict the future MMTEC's volatility.| Risk Adjusted Performance | 0.0224 | |||
| Jensen Alpha | 0.1778 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0161 | |||
| Treynor Ratio | 0.3392 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MMTEC'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.
MMTEC Inc Backtested Returns
MMTEC Inc has Sharpe Ratio of -0.027, which conveys that the firm had a -0.027% return per unit of standard deviation over the last 3 months. MMTEC exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MMTEC's Market Risk Adjusted Performance of 0.3492, mean deviation of 7.77, and Risk Adjusted Performance of 0.0224 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MMTEC's returns are expected to increase less than the market. However, during the bear market, the loss of holding MMTEC is expected to be smaller as well. At this point, MMTEC Inc has a negative expected return of -0.34%. Please make sure to verify MMTEC's expected short fall, and the relationship between the value at risk and daily balance of power , to decide if MMTEC Inc performance from the past will be repeated at future time.
Auto-correlation | 0.67 |
Good predictability
MMTEC Inc has good predictability. Overlapping area represents the amount of predictability between MMTEC time series from 29th of June 2024 to 27th of September 2024 and 27th of September 2024 to 26th 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 MMTEC Inc price movement. The serial correlation of 0.67 indicates that around 67.0% of current MMTEC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.91 |
MMTEC Inc lagged returns against current returns
Autocorrelation, which is MMTEC 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 MMTEC's stock expected returns. We can calculate the autocorrelation of MMTEC returns to help us make a trade decision. For example, suppose you find that MMTEC 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 |
MMTEC 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 MMTEC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MMTEC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MMTEC stock over time.
Current vs Lagged Prices |
| Timeline |
MMTEC Lagged Returns
When evaluating MMTEC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MMTEC stock have on its future price. MMTEC 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, MMTEC autocorrelation shows the relationship between MMTEC stock current value and its past values and can show if there is a momentum factor associated with investing in MMTEC 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 MMTEC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MMTEC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mmtec Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mmtec Inc Stock:Check out MMTEC Correlation, MMTEC Volatility and MMTEC Alpha and Beta module to complement your research on MMTEC. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
MMTEC 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.