Makemytrip Limited Stock Statistic Functions Standard Deviation

MMYT Stock  USD 61.22  1.59  2.53%   
MakeMyTrip statistic functions tool provides the execution environment for running the Standard Deviation function and other technical functions against MakeMyTrip. MakeMyTrip value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Standard Deviation function function is designed to identify and follow existing trends. MakeMyTrip statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was two with a total number of output elements of fifty-nine. MakeMyTrip Limited Standard Deviation measures the spread of MakeMyTrip time series from expected value (the mean).

MakeMyTrip Technical Analysis Modules

Most technical analysis of MakeMyTrip help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MakeMyTrip from various momentum indicators to cycle indicators. When you analyze MakeMyTrip charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About MakeMyTrip Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MakeMyTrip Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of MakeMyTrip Limited based on widely used predictive technical indicators. In general, we focus on analyzing MakeMyTrip Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MakeMyTrip's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of MakeMyTrip's intrinsic value. In addition to deriving basic predictive indicators for MakeMyTrip, we also check how macroeconomic factors affect MakeMyTrip price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.0020450.00135
Price To Sales Ratio5.277.58
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MakeMyTrip'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.
Hype
Prediction
LowEstimatedHigh
60.3563.1365.91
Details
Intrinsic
Valuation
LowRealHigh
55.9458.7269.09
Details
9 Analysts
Consensus
LowTargetHigh
39.8143.7548.56
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.150.200.33
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MakeMyTrip. Your research has to be compared to or analyzed against MakeMyTrip's peers to derive any actionable benefits. When done correctly, MakeMyTrip's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MakeMyTrip Limited.

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When determining whether MakeMyTrip Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MakeMyTrip Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Makemytrip Limited Stock. Highlighted below are key reports to facilitate an investment decision about Makemytrip Limited Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MakeMyTrip Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running MakeMyTrip's price analysis, check to measure MakeMyTrip'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 MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.
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Is MakeMyTrip'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 MakeMyTrip. If investors know MakeMyTrip 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 MakeMyTrip 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
257.252
Earnings Share
0.46
Revenue Per Share
6.582
Quarterly Revenue Growth
0.256
Return On Assets
0.0246
The market value of MakeMyTrip Limited is measured differently than its book value, which is the value of MakeMyTrip that is recorded on the company's balance sheet. Investors also form their own opinion of MakeMyTrip's value that differs from its market value or its book value, called intrinsic value, which is MakeMyTrip'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 MakeMyTrip's market value can be influenced by many factors that don't directly affect MakeMyTrip'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 MakeMyTrip's value and its price as these two are different measures arrived at by different means. Investors typically determine if MakeMyTrip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MakeMyTrip'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.