Montana Technologies Stock Market Value
| AIRJ Stock | 8.88 0.07 0.79% |
| Symbol | Montana |
Montana Technologies 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 Montana Technologies. If investors know Montana 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 Montana Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Return On Assets (0.04) | Return On Equity 1.6185 |
The market value of Montana Technologies is measured differently than its book value, which is the value of Montana that is recorded on the company's balance sheet. Investors also form their own opinion of Montana Technologies' value that differs from its market value or its book value, called intrinsic value, which is Montana Technologies' 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 Montana Technologies' market value can be influenced by many factors that don't directly affect Montana Technologies' 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 Montana Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Montana Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montana Technologies' 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.
Montana Technologies '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 Montana Technologies' 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 Montana Technologies.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Montana Technologies on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Montana Technologies or generate 0.0% return on investment in Montana Technologies over 480 days. Montana Technologies is related to or competes with Eldorado Gold, Harmony Gold, SunOpta, Summit Materials, GMS, Highway Holdings, and Jeld Wen. Montana Technologies is entity of United States More
Montana Technologies 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 Montana Technologies' 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 Montana Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.05 | |||
| Information Ratio | 0.1543 | |||
| Maximum Drawdown | 39.64 | |||
| Value At Risk | (4.79) | |||
| Potential Upside | 7.2 |
Montana Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Montana Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Montana Technologies' standard deviation. In reality, there are many statistical measures that can use Montana Technologies historical prices to predict the future Montana Technologies' volatility.| Risk Adjusted Performance | 0.1364 | |||
| Jensen Alpha | 0.9036 | |||
| Total Risk Alpha | 0.0915 | |||
| Sortino Ratio | 0.1413 | |||
| Treynor Ratio | 1.67 |
Montana Technologies Backtested Returns
Montana Technologies appears to be slightly risky, given 3 months investment horizon. Montana Technologies 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. By analyzing Montana Technologies' technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Montana Technologies' Mean Deviation of 3.58, risk adjusted performance of 0.1364, and Downside Deviation of 6.05 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Montana Technologies holds a performance score of 8. The company secures a Beta (Market Risk) of 0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Montana Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Montana Technologies is expected to be smaller as well. Please check Montana Technologies' total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Montana Technologies' current price movements will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
Montana Technologies has modest reverse predictability. Overlapping area represents the amount of predictability between Montana Technologies time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 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 Montana Technologies price movement. The serial correlation of -0.48 indicates that about 48.0% of current Montana Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.99 |
Montana Technologies lagged returns against current returns
Autocorrelation, which is Montana Technologies 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 Montana Technologies' stock expected returns. We can calculate the autocorrelation of Montana Technologies returns to help us make a trade decision. For example, suppose you find that Montana Technologies 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 |
Montana Technologies 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 Montana Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Montana Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Montana Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Montana Technologies Lagged Returns
When evaluating Montana Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Montana Technologies stock have on its future price. Montana Technologies 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, Montana Technologies autocorrelation shows the relationship between Montana Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Montana Technologies.
Regressed Prices |
| Timeline |
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 Montana Technologies Correlation, Montana Technologies Volatility and Montana Technologies Alpha and Beta module to complement your research on Montana Technologies. For more information on how to buy Montana Stock please use our How to buy in Montana Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Montana Technologies 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.