Mercurity Fintech Holding Stock Market Value
| MFH Stock | USD 6.10 1.19 16.32% |
| Symbol | Mercurity |
Mercurity Fintech Holding Price To Book Ratio
Is Application Software 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 Mercurity Fintech. If investors know Mercurity 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 Mercurity Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.01 | Quarterly Revenue Growth 1.485 | Return On Assets (0.21) | Return On Equity (0.54) |
The market value of Mercurity Fintech Holding is measured differently than its book value, which is the value of Mercurity that is recorded on the company's balance sheet. Investors also form their own opinion of Mercurity Fintech's value that differs from its market value or its book value, called intrinsic value, which is Mercurity Fintech'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 Mercurity Fintech's market value can be influenced by many factors that don't directly affect Mercurity Fintech'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 Mercurity Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercurity Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercurity Fintech'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.
Mercurity Fintech '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 Mercurity Fintech'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 Mercurity Fintech.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Mercurity Fintech on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Mercurity Fintech Holding or generate 0.0% return on investment in Mercurity Fintech over 180 days. Mercurity Fintech is related to or competes with Scully Royalty, Donnelley Financial, Heritage Global, Oppenheimer Holdings, Magic Empire, Netcapital, and Piper Sandler. Mercurity Fintech Holding Inc. engages in the design, development, creation, testing, installation, configuration, integ... More
Mercurity Fintech 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 Mercurity Fintech'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 Mercurity Fintech Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.34 | |||
| Information Ratio | 0.189 | |||
| Maximum Drawdown | 115.89 | |||
| Value At Risk | (9.64) | |||
| Potential Upside | 26.81 |
Mercurity Fintech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mercurity Fintech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mercurity Fintech's standard deviation. In reality, there are many statistical measures that can use Mercurity Fintech historical prices to predict the future Mercurity Fintech's volatility.| Risk Adjusted Performance | 0.1603 | |||
| Jensen Alpha | 2.64 | |||
| Total Risk Alpha | 0.736 | |||
| Sortino Ratio | 0.3268 | |||
| Treynor Ratio | 0.695 |
Mercurity Fintech Holding Backtested Returns
Mercurity Fintech is dangerous given 3 months investment horizon. Mercurity Fintech Holding has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.28% are justified by taking the suggested risk. Use Mercurity Fintech Holding Downside Deviation of 9.34, mean deviation of 9.27, and Risk Adjusted Performance of 0.1603 to evaluate company specific risk that cannot be diversified away. Mercurity Fintech holds a performance score of 15 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 4.56, 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, Mercurity Fintech will likely underperform. Use Mercurity Fintech Holding semi variance, and the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on Mercurity Fintech Holding.
Auto-correlation | -0.34 |
Poor reverse predictability
Mercurity Fintech Holding has poor reverse predictability. Overlapping area represents the amount of predictability between Mercurity Fintech time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Mercurity Fintech Holding price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Mercurity Fintech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 1.91 |
Mercurity Fintech Holding lagged returns against current returns
Autocorrelation, which is Mercurity Fintech 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 Mercurity Fintech's stock expected returns. We can calculate the autocorrelation of Mercurity Fintech returns to help us make a trade decision. For example, suppose you find that Mercurity Fintech 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 |
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Mercurity Fintech 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 Mercurity Fintech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mercurity Fintech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mercurity Fintech stock over time.
Current vs Lagged Prices |
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Mercurity Fintech Lagged Returns
When evaluating Mercurity Fintech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mercurity Fintech stock have on its future price. Mercurity Fintech 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, Mercurity Fintech autocorrelation shows the relationship between Mercurity Fintech stock current value and its past values and can show if there is a momentum factor associated with investing in Mercurity Fintech Holding.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Mercurity Fintech Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercurity Fintech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mercurity Fintech Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercurity Fintech Holding Stock:Check out Mercurity Fintech Correlation, Mercurity Fintech Volatility and Mercurity Fintech Alpha and Beta module to complement your research on Mercurity Fintech. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Mercurity Fintech 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.