Intuitive Machines Stock Market Value
| LUNR Stock | 7.12 0.27 3.65% |
| Symbol | Intuitive |
Intuitive Machines Price To Book Ratio
Is Aerospace & Defense 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 Intuitive Machines. If investors know Intuitive 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 Intuitive Machines 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 (0.81) | Earnings Share (0.17) | Revenue Per Share 4.81 | Quarterly Revenue Growth 1.301 | Return On Assets (0.33) |
The market value of Intuitive Machines is measured differently than its book value, which is the value of Intuitive that is recorded on the company's balance sheet. Investors also form their own opinion of Intuitive Machines' value that differs from its market value or its book value, called intrinsic value, which is Intuitive Machines' 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 Intuitive Machines' market value can be influenced by many factors that don't directly affect Intuitive Machines' 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 Intuitive Machines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuitive Machines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuitive Machines' 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.
Intuitive Machines '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 Intuitive Machines' 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 Intuitive Machines.
| 09/10/2024 |
| 10/10/2024 |
If you would invest 0.00 in Intuitive Machines on September 10, 2024 and sell it all today you would earn a total of 0.00 from holding Intuitive Machines or generate 0.0% return on investment in Intuitive Machines over 30 days. Intuitive Machines is related to or competes with Redwire Corp, Sidus Space, Rocket Lab, Momentus, Terran Orbital, Planet Labs, and Virgin Galactic. Intuitive Machines is entity of United States More
Intuitive Machines 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 Intuitive Machines' 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 Intuitive Machines upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.92 | |||
| Information Ratio | 0.1364 | |||
| Maximum Drawdown | 50.57 | |||
| Value At Risk | (7.05) | |||
| Potential Upside | 13.09 |
Intuitive Machines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intuitive Machines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intuitive Machines' standard deviation. In reality, there are many statistical measures that can use Intuitive Machines historical prices to predict the future Intuitive Machines' volatility.| Risk Adjusted Performance | 0.1343 | |||
| Jensen Alpha | 1.01 | |||
| Total Risk Alpha | 0.1171 | |||
| Sortino Ratio | 0.2343 | |||
| Treynor Ratio | 0.5677 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intuitive Machines' 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.
Intuitive Machines Backtested Returns
Intuitive Machines is unstable given 3 months investment horizon. Intuitive Machines holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.15% are justified by taking the suggested risk. Use Intuitive Machines Risk Adjusted Performance of 0.1343, market risk adjusted performance of 0.5777, and Downside Deviation of 4.92 to evaluate company specific risk that cannot be diversified away. Intuitive Machines holds a performance score of 10 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.23, which attests to 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, Intuitive Machines will likely underperform. Use Intuitive Machines downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to analyze future returns on Intuitive Machines.
Auto-correlation | -0.53 |
Good reverse predictability
Intuitive Machines has good reverse predictability. Overlapping area represents the amount of predictability between Intuitive Machines time series from 10th of September 2024 to 25th of September 2024 and 25th of September 2024 to 10th of October 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 Intuitive Machines price movement. The serial correlation of -0.53 indicates that about 53.0% of current Intuitive Machines price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Intuitive Machines lagged returns against current returns
Autocorrelation, which is Intuitive Machines 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 Intuitive Machines' stock expected returns. We can calculate the autocorrelation of Intuitive Machines returns to help us make a trade decision. For example, suppose you find that Intuitive Machines 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 |
Intuitive Machines 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 Intuitive Machines stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intuitive Machines stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intuitive Machines stock over time.
Current vs Lagged Prices |
| Timeline |
Intuitive Machines Lagged Returns
When evaluating Intuitive Machines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intuitive Machines stock have on its future price. Intuitive Machines 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, Intuitive Machines autocorrelation shows the relationship between Intuitive Machines stock current value and its past values and can show if there is a momentum factor associated with investing in Intuitive Machines.
Regressed Prices |
| Timeline |
Pair Trading with Intuitive Machines
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 Intuitive Machines 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 Intuitive Machines will appreciate offsetting losses from the drop in the long position's value.Moving together with Intuitive Stock
| 0.84 | CW | Curtiss Wright | PairCorr |
| 0.75 | GD | General Dynamics Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.87 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
Moving against Intuitive Stock
| 0.77 | EVTL | Vertical Aerospace | PairCorr |
| 0.75 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.59 | DPRO | Draganfly Trending | PairCorr |
The ability to find closely correlated positions to Intuitive Machines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intuitive Machines 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 Intuitive Machines - 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 Intuitive Machines to buy it.
The correlation of Intuitive Machines 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 Intuitive Machines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intuitive Machines 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 Intuitive Machines 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 Intuitive Stock Analysis
When running Intuitive Machines' price analysis, check to measure Intuitive Machines' 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 Intuitive Machines is operating at the current time. Most of Intuitive Machines' value examination focuses on studying past and present price action to predict the probability of Intuitive Machines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuitive Machines' price. Additionally, you may evaluate how the addition of Intuitive Machines to your portfolios can decrease your overall portfolio volatility.