Mesabi Trust Stock Market Value
| MSB Stock | USD 27.53 0.56 2.08% |
| Symbol | Mesabi |
Mesabi Trust Price To Book Ratio
Is Metals & Mining 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 Mesabi Trust. If investors know Mesabi 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 Mesabi Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.405 | Dividend Share 1.31 | Earnings Share 1.35 | Revenue Per Share 2.078 | Quarterly Revenue Growth 2.381 |
The market value of Mesabi Trust is measured differently than its book value, which is the value of Mesabi that is recorded on the company's balance sheet. Investors also form their own opinion of Mesabi Trust's value that differs from its market value or its book value, called intrinsic value, which is Mesabi Trust'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 Mesabi Trust's market value can be influenced by many factors that don't directly affect Mesabi Trust'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 Mesabi Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesabi Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesabi Trust'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.
Mesabi Trust '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 Mesabi Trust'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 Mesabi Trust.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Mesabi Trust on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Mesabi Trust or generate 0.0% return on investment in Mesabi Trust over 30 days. Mesabi Trust is related to or competes with Franco Nevada, Osisko Gold, Sandstorm Gold, Royal Gold, Fortuna Silver, Alamos Gold, and Gold Fields. Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States More
Mesabi Trust 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 Mesabi Trust'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 Mesabi Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.1871 | |||
| Maximum Drawdown | 29.43 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 4.07 |
Mesabi Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mesabi Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mesabi Trust's standard deviation. In reality, there are many statistical measures that can use Mesabi Trust historical prices to predict the future Mesabi Trust's volatility.| Risk Adjusted Performance | 0.1787 | |||
| Jensen Alpha | 0.7529 | |||
| Total Risk Alpha | 0.2431 | |||
| Sortino Ratio | 0.3878 | |||
| Treynor Ratio | 5.34 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mesabi Trust'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.
Mesabi Trust Backtested Returns
Mesabi Trust appears to be not too volatile, given 3 months investment horizon. Mesabi Trust has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% return per unit of risk over the last 3 months. By analyzing Mesabi Trust's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please exercise Mesabi Trust's Risk Adjusted Performance of 0.1787, downside deviation of 1.69, and Mean Deviation of 1.9 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mesabi Trust holds a performance score of 18. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mesabi Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mesabi Trust is expected to be smaller as well. Please check Mesabi Trust's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Mesabi Trust's current price movements will revert.
Auto-correlation | 0.37 |
Below average predictability
Mesabi Trust has below average predictability. Overlapping area represents the amount of predictability between Mesabi Trust time series from 29th of October 2024 to 13th of November 2024 and 13th of November 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 Mesabi Trust price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Mesabi Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Mesabi Trust lagged returns against current returns
Autocorrelation, which is Mesabi Trust 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 Mesabi Trust's stock expected returns. We can calculate the autocorrelation of Mesabi Trust returns to help us make a trade decision. For example, suppose you find that Mesabi Trust 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 |
Mesabi Trust 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 Mesabi Trust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mesabi Trust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mesabi Trust stock over time.
Current vs Lagged Prices |
| Timeline |
Mesabi Trust Lagged Returns
When evaluating Mesabi Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mesabi Trust stock have on its future price. Mesabi Trust 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, Mesabi Trust autocorrelation shows the relationship between Mesabi Trust stock current value and its past values and can show if there is a momentum factor associated with investing in Mesabi Trust.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Mesabi Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesabi Trust'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 Mesabi Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesabi Trust Stock:Check out Mesabi Trust Correlation, Mesabi Trust Volatility and Mesabi Trust Alpha and Beta module to complement your research on Mesabi Trust. For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Mesabi Trust 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.