Manhattan Associates Stock Market Value
| MANH Stock | USD 226.34 4.10 1.78% |
| Symbol | Manhattan |
Manhattan Associates Price To Book Ratio
Is Manhattan Associates' 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 Manhattan Associates. If investors know Manhattan 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 Manhattan Associates listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.83 | Revenue Per Share 15.024 | Quarterly Revenue Growth 0.166 | Return On Assets 0.211 | Return On Equity 0.6992 |
The market value of Manhattan Associates is measured differently than its book value, which is the value of Manhattan that is recorded on the company's balance sheet. Investors also form their own opinion of Manhattan Associates' value that differs from its market value or its book value, called intrinsic value, which is Manhattan Associates' 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 Manhattan Associates' market value can be influenced by many factors that don't directly affect Manhattan Associates' 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 Manhattan Associates' value and its price as these two are different measures arrived at by different means. Investors typically determine if Manhattan Associates is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manhattan Associates' 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.
Manhattan Associates '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 Manhattan Associates' 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 Manhattan Associates.
| 04/26/2023 |
| 04/20/2024 |
If you would invest 0.00 in Manhattan Associates on April 26, 2023 and sell it all today you would earn a total of 0.00 from holding Manhattan Associates or generate 0.0% return on investment in Manhattan Associates over 360 days. Manhattan Associates is related to or competes with Blackbaud, Bentley SystemsInc, Paylocity Holdng, ANSYS, Blackline, Aspen Technology, and DoubleVerify Holdings. Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains,... More
Manhattan Associates 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 Manhattan Associates' 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 Manhattan Associates upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 11.6 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 2.78 |
Manhattan Associates Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manhattan Associates' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Manhattan Associates' standard deviation. In reality, there are many statistical measures that can use Manhattan Associates historical prices to predict the future Manhattan Associates' volatility.| Risk Adjusted Performance | 0.0356 | |||
| Jensen Alpha | 0.0265 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1207 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Manhattan Associates' 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.
Manhattan Associates Backtested Returns
We consider Manhattan Associates very steady. Manhattan Associates has Sharpe Ratio of 0.0161, which conveys that the firm had a 0.0161% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Manhattan Associates, which you can use to evaluate the volatility of the firm. Please verify Manhattan Associates' Downside Deviation of 1.34, risk adjusted performance of 0.0356, and Mean Deviation of 1.12 to check out if the risk estimate we provide is consistent with the expected return of 0.0273%. Manhattan Associates has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Manhattan Associates' returns are expected to increase less than the market. However, during the bear market, the loss of holding Manhattan Associates is expected to be smaller as well. Manhattan Associates right now secures a risk of 1.69%. Please verify Manhattan Associates treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Manhattan Associates will be following its current price movements.
Auto-correlation | 0.56 |
Modest predictability
Manhattan Associates has modest predictability. Overlapping area represents the amount of predictability between Manhattan Associates time series from 26th of April 2023 to 23rd of October 2023 and 23rd of October 2023 to 20th of April 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 Manhattan Associates price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Manhattan Associates price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 351.22 |
Manhattan Associates lagged returns against current returns
Autocorrelation, which is Manhattan Associates 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 Manhattan Associates' stock expected returns. We can calculate the autocorrelation of Manhattan Associates returns to help us make a trade decision. For example, suppose you find that Manhattan Associates 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 |
Manhattan Associates 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 Manhattan Associates stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manhattan Associates stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manhattan Associates stock over time.
Current vs Lagged Prices |
| Timeline |
Manhattan Associates Lagged Returns
When evaluating Manhattan Associates' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Manhattan Associates stock have on its future price. Manhattan Associates 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, Manhattan Associates autocorrelation shows the relationship between Manhattan Associates stock current value and its past values and can show if there is a momentum factor associated with investing in Manhattan Associates.
Regressed Prices |
| Timeline |
Manhattan Associates Investors Sentiment
The influence of Manhattan Associates' 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 Manhattan. 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 Manhattan Associates' public news can be used to forecast risks associated with an investment in Manhattan. The trend in average sentiment can be used to explain how an investor holding Manhattan can time the market purely based on public headlines and social activities around Manhattan Associates. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Manhattan Associates' 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 Manhattan Associates' 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 Manhattan Associates' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Manhattan Associates.
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 Manhattan Associates 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, Manhattan Associates' short interest history, or implied volatility extrapolated from Manhattan Associates 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 ArchitectCheck out Manhattan Associates Correlation, Manhattan Associates Volatility and Manhattan Associates Alpha and Beta module to complement your research on Manhattan Associates. For more detail on how to invest in Manhattan Stock please use our How to Invest in Manhattan Associates guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Manhattan Stock analysis
When running Manhattan Associates' price analysis, check to measure Manhattan Associates' 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 Manhattan Associates is operating at the current time. Most of Manhattan Associates' value examination focuses on studying past and present price action to predict the probability of Manhattan Associates' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manhattan Associates' price. Additionally, you may evaluate how the addition of Manhattan Associates to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| CEOs Directory Screen CEOs from public companies around the world |
Manhattan Associates 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.