Mach Natural Resources Stock Market Value
| MNR Stock | USD 15.26 0.23 1.53% |
| Symbol | Mach |
Mach Natural Resources Price To Book Ratio
Is Oil & Gas Exploration & Production 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 Mach Natural. If investors know Mach 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 Mach Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.95 | Earnings Share (0.21) | Revenue Per Share 8.779 | Quarterly Revenue Growth 0.483 | Return On Assets 0.1257 |
The market value of Mach Natural Resources is measured differently than its book value, which is the value of Mach that is recorded on the company's balance sheet. Investors also form their own opinion of Mach Natural's value that differs from its market value or its book value, called intrinsic value, which is Mach Natural'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 Mach Natural's market value can be influenced by many factors that don't directly affect Mach Natural'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 Mach Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mach Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mach Natural'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.
Mach Natural '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 Mach Natural'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 Mach Natural.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Mach Natural on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Mach Natural Resources or generate 0.0% return on investment in Mach Natural over 30 days. Mach Natural is related to or competes with East Africa, Ecolab, Sensient Technologies, Harmony Gold, Mosaic, Hudson Technologies, and Avient Corp. Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world More
Mach Natural 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 Mach Natural'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 Mach Natural Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.79 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 2.08 |
Mach Natural Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mach Natural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mach Natural's standard deviation. In reality, there are many statistical measures that can use Mach Natural historical prices to predict the future Mach Natural's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.11) |
Mach Natural Resources Backtested Returns
Mach Natural Resources has Sharpe Ratio of -0.0424, which conveys that the firm had a -0.0424% return per unit of risk over the last 3 months. Mach Natural exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mach Natural's Mean Deviation of 1.09, risk adjusted performance of (0.02), and Standard Deviation of 1.4 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mach Natural's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mach Natural is expected to be smaller as well. At this point, Mach Natural Resources has a negative expected return of -0.0602%. Please make sure to verify Mach Natural's total risk alpha, as well as the relationship between the kurtosis and day typical price , to decide if Mach Natural Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Mach Natural Resources has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Mach Natural time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Mach Natural Resources price movement. The serial correlation of -0.78 indicates that around 78.0% of current Mach Natural price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Mach Natural Resources lagged returns against current returns
Autocorrelation, which is Mach Natural 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 Mach Natural's stock expected returns. We can calculate the autocorrelation of Mach Natural returns to help us make a trade decision. For example, suppose you find that Mach Natural 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 |
Mach Natural 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 Mach Natural stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mach Natural stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mach Natural stock over time.
Current vs Lagged Prices |
| Timeline |
Mach Natural Lagged Returns
When evaluating Mach Natural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mach Natural stock have on its future price. Mach Natural 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, Mach Natural autocorrelation shows the relationship between Mach Natural stock current value and its past values and can show if there is a momentum factor associated with investing in Mach Natural Resources.
Regressed Prices |
| Timeline |
Pair Trading with Mach Natural
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mach Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mach Natural will appreciate offsetting losses from the drop in the long position's value.Moving together with Mach Stock
Moving against Mach Stock
| 0.64 | EP | Empire Petroleum Corp | PairCorr |
| 0.48 | VIST | Vista Oil Gas | PairCorr |
| 0.47 | DEC | Diversified Energy | PairCorr |
| 0.42 | CRK | Comstock Resources Buyout Trend | PairCorr |
| 0.41 | LB | LandBridge Company | PairCorr |
The ability to find closely correlated positions to Mach Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mach Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mach Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mach Natural Resources to buy it.
The correlation of Mach Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mach Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mach Natural Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mach Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Mach Stock Analysis
When running Mach Natural's price analysis, check to measure Mach Natural'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 Mach Natural is operating at the current time. Most of Mach Natural's value examination focuses on studying past and present price action to predict the probability of Mach Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mach Natural's price. Additionally, you may evaluate how the addition of Mach Natural to your portfolios can decrease your overall portfolio volatility.