Mill City Ventures Stock Market Value
| MCVT Stock | USD 1.91 0.07 3.54% |
| Symbol | Mill |
Mill City Ventures Price To Book Ratio
Is Specialized Finance 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 Mill City. If investors know Mill 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 Mill City 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 5 | Earnings Share 0.05 | Revenue Per Share 0.512 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0401 |
The market value of Mill City Ventures is measured differently than its book value, which is the value of Mill that is recorded on the company's balance sheet. Investors also form their own opinion of Mill City's value that differs from its market value or its book value, called intrinsic value, which is Mill City'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 Mill City's market value can be influenced by many factors that don't directly affect Mill City'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 Mill City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mill City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mill City'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.
Mill City '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 Mill City'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 Mill City.
| 11/25/2024 |
| 12/25/2024 |
If you would invest 0.00 in Mill City on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Mill City Ventures or generate 0.0% return on investment in Mill City over 30 days. Mill City is related to or competes with Consumer Portfolio, Atlanticus Holdings, Nelnet, Senmiao Technology, Enova International, Orix Corp, and World Acceptance. Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of pu... More
Mill City 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 Mill City'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 Mill City Ventures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 14.06 | |||
| Value At Risk | (6.37) | |||
| Potential Upside | 5.29 |
Mill City Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mill City's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mill City's standard deviation. In reality, there are many statistical measures that can use Mill City historical prices to predict the future Mill City's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.87) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mill City'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.
Mill City Ventures Backtested Returns
Mill City Ventures has Sharpe Ratio of -0.064, which conveys that the firm had a -0.064% return per unit of risk over the last 3 months. Mill City exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mill City's Mean Deviation of 2.7, risk adjusted performance of (0.08), and Standard Deviation of 3.52 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mill City's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mill City is expected to be smaller as well. At this point, Mill City Ventures has a negative expected return of -0.21%. Please make sure to verify Mill City's information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Mill City Ventures performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Mill City Ventures has poor reverse predictability. Overlapping area represents the amount of predictability between Mill City time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 Mill City Ventures price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Mill City price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mill City Ventures lagged returns against current returns
Autocorrelation, which is Mill City 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 Mill City's stock expected returns. We can calculate the autocorrelation of Mill City returns to help us make a trade decision. For example, suppose you find that Mill City 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 |
Mill City 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 Mill City stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mill City stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mill City stock over time.
Current vs Lagged Prices |
| Timeline |
Mill City Lagged Returns
When evaluating Mill City's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mill City stock have on its future price. Mill City 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, Mill City autocorrelation shows the relationship between Mill City stock current value and its past values and can show if there is a momentum factor associated with investing in Mill City Ventures.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Mill Stock Analysis
When running Mill City's price analysis, check to measure Mill City'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 Mill City is operating at the current time. Most of Mill City's value examination focuses on studying past and present price action to predict the probability of Mill City's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mill City's price. Additionally, you may evaluate how the addition of Mill City to your portfolios can decrease your overall portfolio volatility.