Minim Inc Stock Market Value
| MINM Stock | USD 3.54 0.08 2.21% |
| Symbol | Minim |
Minim Inc Price To Book Ratio
Is Minim'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 Minim. If investors know Minim 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 Minim listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.08) | Revenue Per Share 13.444 | Quarterly Revenue Growth (0.86) | Return On Assets (0.50) | Return On Equity (2.14) |
The market value of Minim Inc is measured differently than its book value, which is the value of Minim that is recorded on the company's balance sheet. Investors also form their own opinion of Minim's value that differs from its market value or its book value, called intrinsic value, which is Minim'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 Minim's market value can be influenced by many factors that don't directly affect Minim'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 Minim's value and its price as these two are different measures arrived at by different means. Investors typically determine if Minim is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minim'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.
Minim '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 Minim'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 Minim.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Minim on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Minim Inc or generate 0.0% return on investment in Minim over 30 days. Minim is related to or competes with Frequency Electronics, Amplitech, Optical Cable, Mobilicom Limited, Siyata MobileInc, SatixFy Communications, and ClearOne. Minim, Inc., together with its subsidiaries, designs, develops, sells, and supports an Internet of Things security platf... More
Minim 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 Minim'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 Minim Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.88 | |||
| Information Ratio | 0.1066 | |||
| Maximum Drawdown | 81.58 | |||
| Value At Risk | (14.95) | |||
| Potential Upside | 23.15 |
Minim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Minim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Minim's standard deviation. In reality, there are many statistical measures that can use Minim historical prices to predict the future Minim's volatility.| Risk Adjusted Performance | 0.0792 | |||
| Jensen Alpha | 1.6 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.1632 | |||
| Treynor Ratio | (1.61) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Minim'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.
Minim Inc Backtested Returns
Minim is dangerous given 3 months investment horizon. Minim Inc has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Minim Inc Downside Deviation of 8.88, risk adjusted performance of 0.0792, and Mean Deviation of 9.47 to evaluate company specific risk that cannot be diversified away. Minim holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.95, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Minim are expected to decrease slowly. On the other hand, during market turmoil, Minim is expected to outperform it slightly. Use Minim Inc maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to analyze future returns on Minim Inc.
Auto-correlation | 0.44 |
Average predictability
Minim Inc has average predictability. Overlapping area represents the amount of predictability between Minim time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Minim Inc price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Minim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.68 |
Minim Inc lagged returns against current returns
Autocorrelation, which is Minim 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 Minim's stock expected returns. We can calculate the autocorrelation of Minim returns to help us make a trade decision. For example, suppose you find that Minim 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 |
Minim 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 Minim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Minim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Minim stock over time.
Current vs Lagged Prices |
| Timeline |
Minim Lagged Returns
When evaluating Minim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Minim stock have on its future price. Minim 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, Minim autocorrelation shows the relationship between Minim stock current value and its past values and can show if there is a momentum factor associated with investing in Minim Inc.
Regressed Prices |
| Timeline |
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 Minim 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, Minim's short interest history, or implied volatility extrapolated from Minim 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 Minim Correlation, Minim Volatility and Minim Alpha and Beta module to complement your research on Minim. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Minim Stock analysis
When running Minim's price analysis, check to measure Minim'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 Minim is operating at the current time. Most of Minim's value examination focuses on studying past and present price action to predict the probability of Minim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minim's price. Additionally, you may evaluate how the addition of Minim to your portfolios can decrease your overall portfolio volatility.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Minim 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.