Manchester United Stock Market Value
| MANU Stock | USD 15.79 0.24 1.54% |
| Symbol | Manchester |
Manchester United Price To Book Ratio
Is Manchester United'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 Manchester United. If investors know Manchester 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 Manchester United 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 2.231 | Earnings Share (0.21) | Revenue Per Share 4.416 | Quarterly Revenue Growth 0.349 | Return On Assets 0.0003 |
The market value of Manchester United is measured differently than its book value, which is the value of Manchester that is recorded on the company's balance sheet. Investors also form their own opinion of Manchester United's value that differs from its market value or its book value, called intrinsic value, which is Manchester United'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 Manchester United's market value can be influenced by many factors that don't directly affect Manchester United'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 Manchester United's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manchester United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manchester United'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.
Manchester United '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 Manchester United'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 Manchester United.
| 05/01/2023 |
| 04/25/2024 |
If you would invest 0.00 in Manchester United on May 1, 2023 and sell it all today you would earn a total of 0.00 from holding Manchester United or generate 0.0% return on investment in Manchester United over 360 days. Manchester United is related to or competes with Roku, Paramount Global, Warner Bros, and Paramount Global. Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdo... More
Manchester United 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 Manchester United'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 Manchester United upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 22.12 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 3.46 |
Manchester United Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manchester United's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Manchester United's standard deviation. In reality, there are many statistical measures that can use Manchester United historical prices to predict the future Manchester United's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 0.3957 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Manchester United'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.
Manchester United Backtested Returns
Manchester United has Sharpe Ratio of -0.0969, which conveys that the firm had a -0.0969% return per unit of risk over the last 3 months. Manchester United exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Manchester United's Risk Adjusted Performance of (0.07), mean deviation of 1.86, and Standard Deviation of 2.97 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.98, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Manchester United are expected to decrease slowly. On the other hand, during market turmoil, Manchester United is expected to outperform it slightly. Manchester United has an expected return of -0.29%. Please make sure to verify Manchester United total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Manchester United performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Manchester United has average predictability. Overlapping area represents the amount of predictability between Manchester United time series from 1st of May 2023 to 28th of October 2023 and 28th of October 2023 to 25th 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 Manchester United price movement. The serial correlation of 0.47 indicates that about 47.0% of current Manchester United price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 6.42 |
Manchester United lagged returns against current returns
Autocorrelation, which is Manchester United 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 Manchester United's stock expected returns. We can calculate the autocorrelation of Manchester United returns to help us make a trade decision. For example, suppose you find that Manchester United 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 |
Manchester United 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 Manchester United stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manchester United stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manchester United stock over time.
Current vs Lagged Prices |
| Timeline |
Manchester United Lagged Returns
When evaluating Manchester United's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Manchester United stock have on its future price. Manchester United 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, Manchester United autocorrelation shows the relationship between Manchester United stock current value and its past values and can show if there is a momentum factor associated with investing in Manchester United.
Regressed Prices |
| Timeline |
Manchester United Investors Sentiment
The influence of Manchester United'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 Manchester. 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 Manchester United's public news can be used to forecast risks associated with an investment in Manchester. The trend in average sentiment can be used to explain how an investor holding Manchester can time the market purely based on public headlines and social activities around Manchester United. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Manchester United'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 Manchester United'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 Manchester United's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Manchester United.
Manchester United Implied Volatility | 77.11 |
Manchester United's implied volatility exposes the market's sentiment of Manchester United stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Manchester United's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Manchester United stock will not fluctuate a lot when Manchester United's options are near their expiration.
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 Manchester United 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, Manchester United's short interest history, or implied volatility extrapolated from Manchester United options trading.
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Try AI Portfolio ArchitectCheck out Manchester United Correlation, Manchester United Volatility and Manchester United Alpha and Beta module to complement your research on Manchester United. For more information on how to buy Manchester Stock please use our How to Invest in Manchester United guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Manchester Stock analysis
When running Manchester United's price analysis, check to measure Manchester United'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 Manchester United is operating at the current time. Most of Manchester United's value examination focuses on studying past and present price action to predict the probability of Manchester United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manchester United's price. Additionally, you may evaluate how the addition of Manchester United to your portfolios can decrease your overall portfolio volatility.
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Manchester United 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.