Meridianlink Stock Market Value
| MLNK Stock | USD 16.74 0.04 0.24% |
| Symbol | Meridianlink |
Meridianlink Price To Book Ratio
Is Meridianlink'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 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 (0.53) | Revenue Per Share 3.827 | Quarterly Revenue Growth 0.009 | Return On Assets 0.0129 | Return On Equity (0.08) |
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.
| 04/11/2024 |
| 05/11/2024 |
If you would invest 0.00 in Meridianlink on April 11, 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 30 days. Meridianlink is related to or competes with American Software, Model N, CoreCard Corp, PROS Holdings, Enfusion, Paylocity Holdng, and Powerschool Holdings. 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.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 7.67 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 2.09 |
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 | (0.05) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meridianlink'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.
Meridianlink Backtested Returns
Meridianlink has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Meridianlink exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meridianlink's Mean Deviation of 1.22, standard deviation of 1.61, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide. 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 has an expected return of -0.2%. Please make sure to verify Meridianlink total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Meridianlink performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
Meridianlink has modest predictability. Overlapping area represents the amount of predictability between Meridianlink time series from 11th of April 2024 to 26th of April 2024 and 26th of April 2024 to 11th 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 Meridianlink price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Meridianlink price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
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 |
Meridianlink Investors Sentiment
The influence of Meridianlink's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Meridianlink. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Meridianlink's public news can be used to forecast risks associated with an investment in Meridianlink. The trend in average sentiment can be used to explain how an investor holding Meridianlink can time the market purely based on public headlines and social activities around Meridianlink. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Meridianlink's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Meridianlink's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Meridianlink's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Meridianlink.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Meridianlink in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Meridianlink's short interest history, or implied volatility extrapolated from Meridianlink options trading.
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When running Meridianlink's price analysis, check to measure Meridianlink'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 Meridianlink is operating at the current time. Most of Meridianlink's value examination focuses on studying past and present price action to predict the probability of Meridianlink's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meridianlink's price. Additionally, you may evaluate how the addition of Meridianlink to your portfolios can decrease your overall portfolio volatility.
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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.