Mediaalpha Stock Market Value
| MAX Stock | USD 12.63 0.26 2.02% |
| Symbol | MediaAlpha |
MediaAlpha Price To Book Ratio
Is Interactive Media & Services 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 MediaAlpha. If investors know MediaAlpha 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 MediaAlpha listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.17 | Revenue Per Share 13.365 | Quarterly Revenue Growth 2.475 | Return On Assets 0.099 |
The market value of MediaAlpha is measured differently than its book value, which is the value of MediaAlpha that is recorded on the company's balance sheet. Investors also form their own opinion of MediaAlpha's value that differs from its market value or its book value, called intrinsic value, which is MediaAlpha'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 MediaAlpha's market value can be influenced by many factors that don't directly affect MediaAlpha'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 MediaAlpha's value and its price as these two are different measures arrived at by different means. Investors typically determine if MediaAlpha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MediaAlpha'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.
MediaAlpha '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 MediaAlpha'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 MediaAlpha.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in MediaAlpha on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding MediaAlpha or generate 0.0% return on investment in MediaAlpha over 30 days. MediaAlpha is related to or competes with Asset Entities, Yelp, BuzzFeed, Vivid Seats, Cheetah Mobile, Autohome, and Genius Sports. MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States More
MediaAlpha 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 MediaAlpha'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 MediaAlpha upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 35.3 | |||
| Value At Risk | (5.09) | |||
| Potential Upside | 4.7 |
MediaAlpha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MediaAlpha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MediaAlpha's standard deviation. In reality, there are many statistical measures that can use MediaAlpha historical prices to predict the future MediaAlpha's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | (0.34) |
MediaAlpha Backtested Returns
MediaAlpha has Sharpe Ratio of -0.0724, which conveys that the firm had a -0.0724% return per unit of risk over the last 3 months. MediaAlpha exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MediaAlpha's Mean Deviation of 2.68, standard deviation of 4.84, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.04, which conveys a somewhat significant risk relative to the market. MediaAlpha returns are very sensitive to returns on the market. As the market goes up or down, MediaAlpha is expected to follow. At this point, MediaAlpha has a negative expected return of -0.36%. Please make sure to verify MediaAlpha's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if MediaAlpha performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
MediaAlpha has almost perfect reverse predictability. Overlapping area represents the amount of predictability between MediaAlpha time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 MediaAlpha price movement. The serial correlation of -0.79 indicates that around 79.0% of current MediaAlpha price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
MediaAlpha lagged returns against current returns
Autocorrelation, which is MediaAlpha 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 MediaAlpha's stock expected returns. We can calculate the autocorrelation of MediaAlpha returns to help us make a trade decision. For example, suppose you find that MediaAlpha 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 |
MediaAlpha 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 MediaAlpha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MediaAlpha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MediaAlpha stock over time.
Current vs Lagged Prices |
| Timeline |
MediaAlpha Lagged Returns
When evaluating MediaAlpha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MediaAlpha stock have on its future price. MediaAlpha 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, MediaAlpha autocorrelation shows the relationship between MediaAlpha stock current value and its past values and can show if there is a momentum factor associated with investing in MediaAlpha.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for MediaAlpha Stock Analysis
When running MediaAlpha's price analysis, check to measure MediaAlpha'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 MediaAlpha is operating at the current time. Most of MediaAlpha's value examination focuses on studying past and present price action to predict the probability of MediaAlpha's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MediaAlpha's price. Additionally, you may evaluate how the addition of MediaAlpha to your portfolios can decrease your overall portfolio volatility.