Moonlake Immunotherapeutics Stock Market Value
| MLTX Stock | USD 54.43 0.19 0.35% |
| Symbol | MoonLake |
MoonLake Immunotherapeuti Price To Book Ratio
Is Biotechnology 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 MoonLake Immunotherapeuti. If investors know MoonLake 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 MoonLake Immunotherapeuti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.27) | Return On Assets (0.13) | Return On Equity (0.17) |
The market value of MoonLake Immunotherapeuti is measured differently than its book value, which is the value of MoonLake that is recorded on the company's balance sheet. Investors also form their own opinion of MoonLake Immunotherapeuti's value that differs from its market value or its book value, called intrinsic value, which is MoonLake Immunotherapeuti'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 MoonLake Immunotherapeuti's market value can be influenced by many factors that don't directly affect MoonLake Immunotherapeuti'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 MoonLake Immunotherapeuti's value and its price as these two are different measures arrived at by different means. Investors typically determine if MoonLake Immunotherapeuti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MoonLake Immunotherapeuti'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.
MoonLake Immunotherapeuti '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 MoonLake Immunotherapeuti'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 MoonLake Immunotherapeuti.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in MoonLake Immunotherapeuti on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding MoonLake Immunotherapeutics or generate 0.0% return on investment in MoonLake Immunotherapeuti over 30 days. MoonLake Immunotherapeuti is related to or competes with Terns Pharmaceuticals, Day One, Acumen Pharmaceuticals, Amylyx Pharmaceuticals, Aerovate Therapeutics, Enliven Therapeutics, and Structure Therapeutics. MoonLake Immunotherapeutics, a clinical-stage biopharmaceutical company, engages in developing therapies More
MoonLake Immunotherapeuti 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 MoonLake Immunotherapeuti'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 MoonLake Immunotherapeutics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.06 | |||
| Information Ratio | 0.0444 | |||
| Maximum Drawdown | 16.94 | |||
| Value At Risk | (4.33) | |||
| Potential Upside | 4.74 |
MoonLake Immunotherapeuti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MoonLake Immunotherapeuti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MoonLake Immunotherapeuti's standard deviation. In reality, there are many statistical measures that can use MoonLake Immunotherapeuti historical prices to predict the future MoonLake Immunotherapeuti's volatility.| Risk Adjusted Performance | 0.0752 | |||
| Jensen Alpha | 0.0026 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0455 | |||
| Treynor Ratio | 0.1289 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MoonLake Immunotherapeuti'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.
MoonLake Immunotherapeuti Backtested Returns
MoonLake Immunotherapeuti appears to be very steady, given 3 months investment horizon. MoonLake Immunotherapeuti has Sharpe Ratio of 0.0961, which conveys that the firm had a 0.0961% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MoonLake Immunotherapeuti, which you can use to evaluate the volatility of the firm. Please exercise MoonLake Immunotherapeuti's Mean Deviation of 2.35, downside deviation of 3.06, and Risk Adjusted Performance of 0.0752 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MoonLake Immunotherapeuti holds a performance score of 7. The company secures a Beta (Market Risk) of 2.07, 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, MoonLake Immunotherapeuti will likely underperform. Please check MoonLake Immunotherapeuti's value at risk, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether MoonLake Immunotherapeuti's current price movements will revert.
Auto-correlation | 0.86 |
Very good predictability
MoonLake Immunotherapeutics has very good predictability. Overlapping area represents the amount of predictability between MoonLake Immunotherapeuti 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 MoonLake Immunotherapeuti price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current MoonLake Immunotherapeuti price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 5.54 |
MoonLake Immunotherapeuti lagged returns against current returns
Autocorrelation, which is MoonLake Immunotherapeuti 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 MoonLake Immunotherapeuti's stock expected returns. We can calculate the autocorrelation of MoonLake Immunotherapeuti returns to help us make a trade decision. For example, suppose you find that MoonLake Immunotherapeuti 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 |
MoonLake Immunotherapeuti 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 MoonLake Immunotherapeuti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MoonLake Immunotherapeuti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MoonLake Immunotherapeuti stock over time.
Current vs Lagged Prices |
| Timeline |
MoonLake Immunotherapeuti Lagged Returns
When evaluating MoonLake Immunotherapeuti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MoonLake Immunotherapeuti stock have on its future price. MoonLake Immunotherapeuti 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, MoonLake Immunotherapeuti autocorrelation shows the relationship between MoonLake Immunotherapeuti stock current value and its past values and can show if there is a momentum factor associated with investing in MoonLake Immunotherapeutics.
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 MoonLake Stock Analysis
When running MoonLake Immunotherapeuti's price analysis, check to measure MoonLake Immunotherapeuti'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 MoonLake Immunotherapeuti is operating at the current time. Most of MoonLake Immunotherapeuti's value examination focuses on studying past and present price action to predict the probability of MoonLake Immunotherapeuti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MoonLake Immunotherapeuti's price. Additionally, you may evaluate how the addition of MoonLake Immunotherapeuti to your portfolios can decrease your overall portfolio volatility.