Manpowergroup Stock Market Value

MAN Stock  USD 76.37  1.54  2.06%   
ManpowerGroup's market value is the price at which a share of ManpowerGroup trades on a public exchange. It measures the collective expectations of ManpowerGroup investors about its performance. ManpowerGroup is selling at 76.37 as of the 28th of March 2024; that is 2.06 percent increase since the beginning of the trading day. The stock's open price was 74.83.
With this module, you can estimate the performance of a buy and hold strategy of ManpowerGroup and determine expected loss or profit from investing in ManpowerGroup over a given investment horizon. Check out ManpowerGroup Correlation, ManpowerGroup Volatility and ManpowerGroup Alpha and Beta module to complement your research on ManpowerGroup.
To learn how to invest in ManpowerGroup Stock, please use our How to Invest in ManpowerGroup guide.
Symbol

ManpowerGroup Price To Book Ratio

Is ManpowerGroup's industry 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 ManpowerGroup. If investors know ManpowerGroup 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 ManpowerGroup 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
(0.72)
Dividend Share
2.94
Earnings Share
1.76
Revenue Per Share
379.809
Quarterly Revenue Growth
(0.04)
The market value of ManpowerGroup is measured differently than its book value, which is the value of ManpowerGroup that is recorded on the company's balance sheet. Investors also form their own opinion of ManpowerGroup's value that differs from its market value or its book value, called intrinsic value, which is ManpowerGroup'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 ManpowerGroup's market value can be influenced by many factors that don't directly affect ManpowerGroup'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 ManpowerGroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if ManpowerGroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ManpowerGroup'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.

ManpowerGroup '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 ManpowerGroup'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 ManpowerGroup.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in ManpowerGroup on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding ManpowerGroup or generate 0.0% return on investment in ManpowerGroup over 720 days. ManpowerGroup is related to or competes with Broadridge Financial, BrightView Holdings, Franklin Covey, LegalZoom, Mistras, NL Industries, and SP Plus. ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the ... More

ManpowerGroup 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 ManpowerGroup'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 ManpowerGroup upside and downside potential and time the market with a certain degree of confidence.

ManpowerGroup Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ManpowerGroup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ManpowerGroup's standard deviation. In reality, there are many statistical measures that can use ManpowerGroup historical prices to predict the future ManpowerGroup's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ManpowerGroup'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.
Hype
Prediction
LowEstimatedHigh
74.9976.4077.81
Details
Intrinsic
Valuation
LowRealHigh
75.2576.6678.07
Details
Naive
Forecast
LowNextHigh
73.6275.0376.44
Details
14 Analysts
Consensus
LowTargetHigh
70.6877.6786.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ManpowerGroup. Your research has to be compared to or analyzed against ManpowerGroup's peers to derive any actionable benefits. When done correctly, ManpowerGroup's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ManpowerGroup.

ManpowerGroup Backtested Returns

We consider ManpowerGroup very steady. ManpowerGroup has Sharpe Ratio of 0.0012, which conveys that the firm had a 0.0012% return per unit of risk over the last 12 months. We have found twenty-nine technical indicators for ManpowerGroup, which you can use to evaluate the volatility of the firm. Please verify ManpowerGroup's Downside Deviation of 1.89, mean deviation of 1.16, and Risk Adjusted Performance of 0.0084 to check out if the risk estimate we provide is consistent with the expected return of 0.0019%. The company secures a Beta (Market Risk) of 1.31, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ManpowerGroup will likely underperform. ManpowerGroup right now secures a risk of 1.58%. Please verify ManpowerGroup treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to decide if ManpowerGroup will be following its current price movements.

Auto-correlation

    
  -0.03  

Very weak reverse predictability

ManpowerGroup has very weak reverse predictability. Overlapping area represents the amount of predictability between ManpowerGroup time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 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 ManpowerGroup price movement. The serial correlation of -0.03 indicates that only 3.0% of current ManpowerGroup price fluctuation can be explain by its past prices.
Correlation Coefficient-0.03
Spearman Rank Test0.09
Residual Average0.0
Price Variance11.73

ManpowerGroup lagged returns against current returns

Autocorrelation, which is ManpowerGroup 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 ManpowerGroup's stock expected returns. We can calculate the autocorrelation of ManpowerGroup returns to help us make a trade decision. For example, suppose you find that ManpowerGroup 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  

ManpowerGroup 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 ManpowerGroup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ManpowerGroup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ManpowerGroup stock over time.
   Current vs Lagged Prices   
       Timeline  

ManpowerGroup Lagged Returns

When evaluating ManpowerGroup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ManpowerGroup stock have on its future price. ManpowerGroup 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, ManpowerGroup autocorrelation shows the relationship between ManpowerGroup stock current value and its past values and can show if there is a momentum factor associated with investing in ManpowerGroup.
   Regressed Prices   
       Timeline  

ManpowerGroup Investors Sentiment

The influence of ManpowerGroup's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ManpowerGroup. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ManpowerGroup's public news can be used to forecast risks associated with an investment in ManpowerGroup. The trend in average sentiment can be used to explain how an investor holding ManpowerGroup can time the market purely based on public headlines and social activities around ManpowerGroup. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ManpowerGroup's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ManpowerGroup's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ManpowerGroup's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ManpowerGroup.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ManpowerGroup in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ManpowerGroup's short interest history, or implied volatility extrapolated from ManpowerGroup options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether ManpowerGroup offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ManpowerGroup'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 Manpowergroup Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manpowergroup Stock:
Check out ManpowerGroup Correlation, ManpowerGroup Volatility and ManpowerGroup Alpha and Beta module to complement your research on ManpowerGroup.
To learn how to invest in ManpowerGroup Stock, please use our How to Invest in ManpowerGroup guide.
Note that the ManpowerGroup information on this page should be used as a complementary analysis to other ManpowerGroup's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for ManpowerGroup Stock analysis

When running ManpowerGroup's price analysis, check to measure ManpowerGroup's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ManpowerGroup is operating at the current time. Most of ManpowerGroup's value examination focuses on studying past and present price action to predict the probability of ManpowerGroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ManpowerGroup's price. Additionally, you may evaluate how the addition of ManpowerGroup to your portfolios can decrease your overall portfolio volatility.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Stocks Directory
Find actively traded stocks across global markets
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
ManpowerGroup 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.
A focus of ManpowerGroup technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ManpowerGroup trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...