Marchex Stock Market Value
| MCHX Stock | USD 1.83 0.02 1.10% |
| Symbol | Marchex |
Marchex Price To Book Ratio
Is Advertising 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 Marchex. If investors know Marchex 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 Marchex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 1.138 | Quarterly Revenue Growth (0.04) | Return On Assets (0.06) | Return On Equity (0.13) |
The market value of Marchex is measured differently than its book value, which is the value of Marchex that is recorded on the company's balance sheet. Investors also form their own opinion of Marchex's value that differs from its market value or its book value, called intrinsic value, which is Marchex'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 Marchex's market value can be influenced by many factors that don't directly affect Marchex'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 Marchex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marchex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marchex'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.
Marchex '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 Marchex'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 Marchex.
| 05/10/2024 |
| 10/07/2024 |
If you would invest 0.00 in Marchex on May 10, 2024 and sell it all today you would earn a total of 0.00 from holding Marchex or generate 0.0% return on investment in Marchex over 150 days. Marchex is related to or competes with Entravision Communications, Direct Digital, Cimpress, Townsquare Media, Kidoz, QuinStreet, and Emerald Expositions. Marchex, Inc. operates as an analytics and solutions company that helps businesses connect, drive, measure, and convert ... More
Marchex 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 Marchex'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 Marchex upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.96 | |||
| Information Ratio | 0.0713 | |||
| Maximum Drawdown | 15.25 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 6.0 |
Marchex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marchex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marchex's standard deviation. In reality, there are many statistical measures that can use Marchex historical prices to predict the future Marchex's volatility.| Risk Adjusted Performance | 0.0936 | |||
| Jensen Alpha | 0.2909 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0813 | |||
| Treynor Ratio | 0.6594 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Marchex'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.
Marchex Backtested Returns
Marchex appears to be very risky, given 3 months investment horizon. Marchex has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Marchex, which you can use to evaluate the volatility of the firm. Please exercise Marchex's Downside Deviation of 2.96, mean deviation of 2.58, and Risk Adjusted Performance of 0.0936 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Marchex holds a performance score of 10. The company secures a Beta (Market Risk) of 0.53, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marchex's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marchex is expected to be smaller as well. Please check Marchex's potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Marchex's current price movements will revert.
Auto-correlation | 0.58 |
Modest predictability
Marchex has modest predictability. Overlapping area represents the amount of predictability between Marchex time series from 10th of May 2024 to 24th of July 2024 and 24th of July 2024 to 7th 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 Marchex price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Marchex price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Marchex lagged returns against current returns
Autocorrelation, which is Marchex 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 Marchex's stock expected returns. We can calculate the autocorrelation of Marchex returns to help us make a trade decision. For example, suppose you find that Marchex 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 |
Marchex 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 Marchex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marchex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marchex stock over time.
Current vs Lagged Prices |
| Timeline |
Marchex Lagged Returns
When evaluating Marchex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marchex stock have on its future price. Marchex 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, Marchex autocorrelation shows the relationship between Marchex stock current value and its past values and can show if there is a momentum factor associated with investing in Marchex.
Regressed Prices |
| Timeline |
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When running Marchex's price analysis, check to measure Marchex'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 Marchex is operating at the current time. Most of Marchex's value examination focuses on studying past and present price action to predict the probability of Marchex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marchex's price. Additionally, you may evaluate how the addition of Marchex to your portfolios can decrease your overall portfolio volatility.