Meridianlink Stock Market Value
| MLNK Stock | USD 23.19 0.19 0.83% |
| Symbol | Meridianlink |
Meridianlink Price To Book Ratio
Is Application Software 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 Meridianlink. If investors know Meridianlink 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 Meridianlink listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 4.042 | Quarterly Revenue Growth 0.051 | Return On Assets 0.0098 | Return On Equity (0.11) |
The market value of Meridianlink is measured differently than its book value, which is the value of Meridianlink that is recorded on the company's balance sheet. Investors also form their own opinion of Meridianlink's value that differs from its market value or its book value, called intrinsic value, which is Meridianlink'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 Meridianlink's market value can be influenced by many factors that don't directly affect Meridianlink'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 Meridianlink's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridianlink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridianlink'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.
Meridianlink '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 Meridianlink'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 Meridianlink.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Meridianlink on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Meridianlink or generate 0.0% return on investment in Meridianlink over 90 days. Meridianlink is related to or competes with CoreCard Corp, PROS Holdings, Enfusion, Paylocity Holdng, Alkami Technology, Clearwater Analytics, and Paycor HCM. MeridianLink, Inc., a software and services company, provides software solutions for banks, credit unions, mortgage lend... More
Meridianlink 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 Meridianlink'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 Meridianlink upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 14.62 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 3.17 |
Meridianlink Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meridianlink's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meridianlink's standard deviation. In reality, there are many statistical measures that can use Meridianlink historical prices to predict the future Meridianlink's volatility.| Risk Adjusted Performance | 0.0186 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0247 |
Meridianlink Backtested Returns
As of now, Meridianlink Stock is not too volatile. Meridianlink has Sharpe Ratio of 0.0297, which conveys that the firm had a 0.0297% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Meridianlink, which you can use to evaluate the volatility of the firm. Please verify Meridianlink's Downside Deviation of 2.45, mean deviation of 1.61, and Risk Adjusted Performance of 0.0186 to check out if the risk estimate we provide is consistent with the expected return of 0.0665%. Meridianlink has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.01, which conveys a somewhat significant risk relative to the market. Meridianlink returns are very sensitive to returns on the market. As the market goes up or down, Meridianlink is expected to follow. Meridianlink right now secures a risk of 2.24%. Please verify Meridianlink value at risk, as well as the relationship between the skewness and day median price , to decide if Meridianlink will be following its current price movements.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Meridianlink has insignificant reverse predictability. Overlapping area represents the amount of predictability between Meridianlink time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Meridianlink price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Meridianlink price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 1.28 |
Meridianlink lagged returns against current returns
Autocorrelation, which is Meridianlink 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 Meridianlink's stock expected returns. We can calculate the autocorrelation of Meridianlink returns to help us make a trade decision. For example, suppose you find that Meridianlink 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 |
Meridianlink 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 Meridianlink stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meridianlink stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meridianlink stock over time.
Current vs Lagged Prices |
| Timeline |
Meridianlink Lagged Returns
When evaluating Meridianlink's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meridianlink stock have on its future price. Meridianlink 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, Meridianlink autocorrelation shows the relationship between Meridianlink stock current value and its past values and can show if there is a momentum factor associated with investing in Meridianlink.
Regressed Prices |
| Timeline |
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Meridianlink 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.