Monterey Capital Acquisition Stock Market Value
| MCAC Stock | USD 11.26 0.03 0.27% |
| Symbol | Monterey |
Monterey Capital Acq Price To Book Ratio
Is Monterey Capital's industry 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 Monterey Capital. If investors know Monterey 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 Monterey Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.27) | Return On Assets (0.02) |
The market value of Monterey Capital Acq is measured differently than its book value, which is the value of Monterey that is recorded on the company's balance sheet. Investors also form their own opinion of Monterey Capital's value that differs from its market value or its book value, called intrinsic value, which is Monterey Capital'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 Monterey Capital's market value can be influenced by many factors that don't directly affect Monterey Capital'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 Monterey Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monterey Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monterey Capital'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.
Monterey Capital '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 Monterey Capital'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 Monterey Capital.
| 05/01/2024 |
| 05/31/2024 |
If you would invest 0.00 in Monterey Capital on May 1, 2024 and sell it all today you would earn a total of 0.00 from holding Monterey Capital Acquisition or generate 0.0% return on investment in Monterey Capital over 30 days. Monterey Capital is related to or competes with Distoken Acquisition, Compass Digital, PowerUp Acquisition, DUET Acquisition, and DT Cloud. Mountain Crest Acquisition Corp intends to effect a merger, share exchange, asset acquisition, share purchase, reorganiz... More
Monterey Capital 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 Monterey Capital'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 Monterey Capital Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1871 | |||
| Maximum Drawdown | 0.6341 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.3656 |
Monterey Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monterey Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monterey Capital's standard deviation. In reality, there are many statistical measures that can use Monterey Capital historical prices to predict the future Monterey Capital's volatility.| Risk Adjusted Performance | 0.1864 | |||
| Jensen Alpha | 0.0381 | |||
| Total Risk Alpha | 0.0349 | |||
| Treynor Ratio | (1.69) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Monterey Capital'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.
Monterey Capital Acq Backtested Returns
We consider Monterey Capital very steady. Monterey Capital Acq has Sharpe Ratio of 0.3, which conveys that the firm had a 0.3% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Monterey Capital, which you can use to evaluate the volatility of the firm. Please verify Monterey Capital's Mean Deviation of 0.0859, risk adjusted performance of 0.1864, and Standard Deviation of 0.1298 to check out if the risk estimate we provide is consistent with the expected return of 0.0386%. Monterey Capital has a performance score of 23 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0224, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Monterey Capital are expected to decrease at a much lower rate. During the bear market, Monterey Capital is likely to outperform the market. Monterey Capital Acq right now secures a risk of 0.13%. Please verify Monterey Capital Acquisition kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to decide if Monterey Capital Acquisition will be following its current price movements.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Monterey Capital Acquisition has insignificant reverse predictability. Overlapping area represents the amount of predictability between Monterey Capital time series from 1st of May 2024 to 16th of May 2024 and 16th of May 2024 to 31st of May 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 Monterey Capital Acq price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Monterey Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Monterey Capital Acq lagged returns against current returns
Autocorrelation, which is Monterey Capital 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 Monterey Capital's stock expected returns. We can calculate the autocorrelation of Monterey Capital returns to help us make a trade decision. For example, suppose you find that Monterey Capital 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 |
Monterey Capital 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 Monterey Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monterey Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monterey Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Monterey Capital Lagged Returns
When evaluating Monterey Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monterey Capital stock have on its future price. Monterey Capital 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, Monterey Capital autocorrelation shows the relationship between Monterey Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Monterey Capital Acquisition.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Monterey Capital Acq 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 Monterey 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 Monterey Capital Acquisition Stock. Highlighted below are key reports to facilitate an investment decision about Monterey Capital Acquisition Stock:Check out Monterey Capital Correlation, Monterey Capital Volatility and Monterey Capital Alpha and Beta module to complement your research on Monterey Capital. Note that the Monterey Capital Acq information on this page should be used as a complementary analysis to other Monterey Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Monterey Stock analysis
When running Monterey Capital's price analysis, check to measure Monterey Capital'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 Monterey Capital is operating at the current time. Most of Monterey Capital's value examination focuses on studying past and present price action to predict the probability of Monterey Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monterey Capital's price. Additionally, you may evaluate how the addition of Monterey Capital to your portfolios can decrease your overall portfolio volatility.
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Monterey Capital 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.