Mountain Crest Acquisition Stock Market Value
| MCAG Stock | USD 11.37 0.05 0.44% |
| Symbol | Mountain |
Mountain Crest Acqui Price To Book Ratio
Is Asset Management & Custody Banks 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 Mountain Crest. If investors know Mountain 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 Mountain Crest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Return On Assets (0.01) |
The market value of Mountain Crest Acqui is measured differently than its book value, which is the value of Mountain that is recorded on the company's balance sheet. Investors also form their own opinion of Mountain Crest's value that differs from its market value or its book value, called intrinsic value, which is Mountain Crest'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 Mountain Crest's market value can be influenced by many factors that don't directly affect Mountain Crest'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 Mountain Crest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mountain Crest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mountain Crest'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.
Mountain Crest '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 Mountain Crest'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 Mountain Crest.
| 06/02/2024 |
| 10/30/2024 |
If you would invest 0.00 in Mountain Crest on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Mountain Crest Acquisition or generate 0.0% return on investment in Mountain Crest over 150 days. Mountain Crest is related to or competes with Visa, Mill City, and MDB Capital. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business co... More
Mountain Crest 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 Mountain Crest'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 Mountain Crest Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5973 | |||
| Information Ratio | 0.0538 | |||
| Maximum Drawdown | 3.53 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 1.17 |
Mountain Crest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mountain Crest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mountain Crest's standard deviation. In reality, there are many statistical measures that can use Mountain Crest historical prices to predict the future Mountain Crest's volatility.| Risk Adjusted Performance | 0.1348 | |||
| Jensen Alpha | 0.0867 | |||
| Total Risk Alpha | 0.0459 | |||
| Sortino Ratio | 0.0452 | |||
| Treynor Ratio | (0.93) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mountain Crest'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.
Mountain Crest Acqui Backtested Returns
At this point, Mountain Crest is very steady. Mountain Crest Acqui has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mountain Crest, which you can use to evaluate the volatility of the firm. Please verify Mountain Crest's Risk Adjusted Performance of 0.1348, coefficient of variation of 546.24, and Mean Deviation of 0.2754 to check out if the risk estimate we provide is consistent with the expected return of 0.0844%. Mountain Crest has a performance score of 13 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0881, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mountain Crest are expected to decrease at a much lower rate. During the bear market, Mountain Crest is likely to outperform the market. Mountain Crest Acqui right now secures a risk of 0.5%. Please verify Mountain Crest Acquisition potential upside, daily balance of power, relative strength index, as well as the relationship between the expected short fall and day typical price , to decide if Mountain Crest Acquisition will be following its current price movements.
Auto-correlation | -0.34 |
Poor reverse predictability
Mountain Crest Acquisition has poor reverse predictability. Overlapping area represents the amount of predictability between Mountain Crest time series from 2nd of June 2024 to 16th of August 2024 and 16th of August 2024 to 30th 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 Mountain Crest Acqui price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Mountain Crest price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Mountain Crest Acqui lagged returns against current returns
Autocorrelation, which is Mountain Crest 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 Mountain Crest's stock expected returns. We can calculate the autocorrelation of Mountain Crest returns to help us make a trade decision. For example, suppose you find that Mountain Crest 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 |
Mountain Crest 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 Mountain Crest stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mountain Crest stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mountain Crest stock over time.
Current vs Lagged Prices |
| Timeline |
Mountain Crest Lagged Returns
When evaluating Mountain Crest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mountain Crest stock have on its future price. Mountain Crest 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, Mountain Crest autocorrelation shows the relationship between Mountain Crest stock current value and its past values and can show if there is a momentum factor associated with investing in Mountain Crest Acquisition.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Mountain Crest Acqui is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mountain Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mountain Crest Acquisition Stock. Highlighted below are key reports to facilitate an investment decision about Mountain Crest Acquisition Stock:Check out Mountain Crest Correlation, Mountain Crest Volatility and Mountain Crest Alpha and Beta module to complement your research on Mountain Crest. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Mountain Crest 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.