Mega Matrix Corp Stock Market Value
| MPU Stock | 1.24 0.01 0.80% |
| Symbol | Mega |
Mega Matrix Corp Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Mega Matrix. If investors know Mega 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 Mega Matrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.19) | Revenue Per Share 0.461 | Quarterly Revenue Growth 1 K | Return On Assets (0.23) | Return On Equity (0.53) |
The market value of Mega Matrix Corp is measured differently than its book value, which is the value of Mega that is recorded on the company's balance sheet. Investors also form their own opinion of Mega Matrix's value that differs from its market value or its book value, called intrinsic value, which is Mega Matrix'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 Mega Matrix's market value can be influenced by many factors that don't directly affect Mega Matrix'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 Mega Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mega Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mega Matrix'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.
Mega Matrix '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 Mega Matrix'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 Mega Matrix.
| 03/25/2024 |
| 09/21/2024 |
If you would invest 0.00 in Mega Matrix on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Mega Matrix Corp or generate 0.0% return on investment in Mega Matrix over 180 days. Mega Matrix is related to or competes with Vast Renewables, 1847 Holdings, Westport Fuel, Falcons Beyond, Brookfield Business, FTAI Infrastructure, and Greenbrier Companies. Mega Matrix is entity of United States. It is traded as Stock on NYSE MKT exchange. More
Mega Matrix 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 Mega Matrix'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 Mega Matrix Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 40.07 | |||
| Value At Risk | (7.38) | |||
| Potential Upside | 7.57 |
Mega Matrix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mega Matrix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mega Matrix's standard deviation. In reality, there are many statistical measures that can use Mega Matrix historical prices to predict the future Mega Matrix's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.79) | |||
| Total Risk Alpha | (1.44) | |||
| Treynor Ratio | (0.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mega Matrix'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.
Mega Matrix Corp Backtested Returns
Mega Matrix Corp has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Mega Matrix exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mega Matrix's Mean Deviation of 3.7, risk adjusted performance of (0.08), and Standard Deviation of 5.59 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.25, 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, Mega Matrix will likely underperform. At this point, Mega Matrix Corp has a negative expected return of -0.67%. Please make sure to verify Mega Matrix's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Mega Matrix Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.50 |
Modest predictability
Mega Matrix Corp has modest predictability. Overlapping area represents the amount of predictability between Mega Matrix time series from 25th of March 2024 to 23rd of June 2024 and 23rd of June 2024 to 21st of September 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 Mega Matrix Corp price movement. The serial correlation of 0.5 indicates that about 50.0% of current Mega Matrix price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Mega Matrix Corp lagged returns against current returns
Autocorrelation, which is Mega Matrix 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 Mega Matrix's stock expected returns. We can calculate the autocorrelation of Mega Matrix returns to help us make a trade decision. For example, suppose you find that Mega Matrix 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 |
Mega Matrix 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 Mega Matrix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mega Matrix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mega Matrix stock over time.
Current vs Lagged Prices |
| Timeline |
Mega Matrix Lagged Returns
When evaluating Mega Matrix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mega Matrix stock have on its future price. Mega Matrix 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, Mega Matrix autocorrelation shows the relationship between Mega Matrix stock current value and its past values and can show if there is a momentum factor associated with investing in Mega Matrix Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Mega Stock Analysis
When running Mega Matrix's price analysis, check to measure Mega Matrix'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 Mega Matrix is operating at the current time. Most of Mega Matrix's value examination focuses on studying past and present price action to predict the probability of Mega Matrix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mega Matrix's price. Additionally, you may evaluate how the addition of Mega Matrix to your portfolios can decrease your overall portfolio volatility.