Mesabi Trust Stock Market Value
| MSB Stock | USD 17.07 0.17 0.99% |
| Symbol | Mesabi |
Mesabi Trust Price To Book Ratio
Is Mesabi Trust'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 Mesabi Trust. If investors know Mesabi 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 Mesabi Trust 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 (0.93) | Dividend Share 0.35 | Earnings Share 0.86 | Revenue Per Share 1.102 | Quarterly Revenue Growth 56.818 |
The market value of Mesabi Trust is measured differently than its book value, which is the value of Mesabi that is recorded on the company's balance sheet. Investors also form their own opinion of Mesabi Trust's value that differs from its market value or its book value, called intrinsic value, which is Mesabi Trust'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 Mesabi Trust's market value can be influenced by many factors that don't directly affect Mesabi Trust'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 Mesabi Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesabi Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesabi Trust'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.
Mesabi Trust '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 Mesabi Trust'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 Mesabi Trust.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Mesabi Trust on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Mesabi Trust or generate 0.0% return on investment in Mesabi Trust over 30 days. Mesabi Trust is related to or competes with Olympic Steel, Universal Stainless, POSCO Holdings, Outokumpu Oyj, Usinas Siderurgicas, Reliance Steel, and ArcelorMittal. Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States More
Mesabi Trust 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 Mesabi Trust'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 Mesabi Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 9.0 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 3.57 |
Mesabi Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mesabi Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mesabi Trust's standard deviation. In reality, there are many statistical measures that can use Mesabi Trust historical prices to predict the future Mesabi Trust's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mesabi Trust'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.
Mesabi Trust Backtested Returns
Mesabi Trust has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Mesabi Trust exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mesabi Trust's Standard Deviation of 1.95, mean deviation of 1.53, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.86, which conveys possible diversification benefits within a given portfolio. Mesabi Trust returns are very sensitive to returns on the market. As the market goes up or down, Mesabi Trust is expected to follow. Mesabi Trust has an expected return of -0.26%. Please make sure to verify Mesabi Trust kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Mesabi Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Mesabi Trust has good predictability. Overlapping area represents the amount of predictability between Mesabi Trust time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Mesabi Trust price movement. The serial correlation of 0.78 indicates that around 78.0% of current Mesabi Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Mesabi Trust lagged returns against current returns
Autocorrelation, which is Mesabi Trust 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 Mesabi Trust's stock expected returns. We can calculate the autocorrelation of Mesabi Trust returns to help us make a trade decision. For example, suppose you find that Mesabi Trust 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 |
Mesabi Trust 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 Mesabi Trust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mesabi Trust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mesabi Trust stock over time.
Current vs Lagged Prices |
| Timeline |
Mesabi Trust Lagged Returns
When evaluating Mesabi Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mesabi Trust stock have on its future price. Mesabi Trust 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, Mesabi Trust autocorrelation shows the relationship between Mesabi Trust stock current value and its past values and can show if there is a momentum factor associated with investing in Mesabi Trust.
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 Mesabi Trust 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, Mesabi Trust's short interest history, or implied volatility extrapolated from Mesabi Trust options trading.
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Complementary Tools for Mesabi Stock analysis
When running Mesabi Trust's price analysis, check to measure Mesabi Trust'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 Mesabi Trust is operating at the current time. Most of Mesabi Trust's value examination focuses on studying past and present price action to predict the probability of Mesabi Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesabi Trust's price. Additionally, you may evaluate how the addition of Mesabi Trust to your portfolios can decrease your overall portfolio volatility.
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