Movado Group Stock Market Value
| MOV Stock | USD 26.41 0.36 1.38% |
| Symbol | Movado |
Movado Group Price To Book Ratio
Is Movado'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 Movado. If investors know Movado 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 Movado 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 (0.47) | Dividend Share 1.4 | Earnings Share 2.06 | Revenue Per Share 30.269 | Quarterly Revenue Growth (0.07) |
The market value of Movado Group is measured differently than its book value, which is the value of Movado that is recorded on the company's balance sheet. Investors also form their own opinion of Movado's value that differs from its market value or its book value, called intrinsic value, which is Movado'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 Movado's market value can be influenced by many factors that don't directly affect Movado'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 Movado's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movado is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movado'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.
Movado '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 Movado'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 Movado.
| 04/08/2024 |
| 05/08/2024 |
If you would invest 0.00 in Movado on April 8, 2024 and sell it all today you would earn a total of 0.00 from holding Movado Group or generate 0.0% return on investment in Movado over 30 days. Movado is related to or competes with Lanvin Group, Signet Jewelers, Tapestry, Capri Holdings, MYT Netherlands, Envela Corp, and TheRealReal. Movado Group, Inc. designs, sources, markets, and distributes watches worldwide More
Movado 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 Movado'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 Movado Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 9.24 | |||
| Value At Risk | (3.34) | |||
| Potential Upside | 3.11 |
Movado Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Movado's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Movado's standard deviation. In reality, there are many statistical measures that can use Movado historical prices to predict the future Movado's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Movado'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.
Movado Group Backtested Returns
Movado Group has Sharpe Ratio of -0.0284, which conveys that the firm had a -0.0284% return per unit of risk over the last 3 months. Movado exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Movado's Standard Deviation of 1.87, mean deviation of 1.37, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.8, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Movado will likely underperform. Movado Group has an expected return of -0.0524%. Please make sure to verify Movado Group value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and relative strength index , to decide if Movado Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
Movado Group has modest predictability. Overlapping area represents the amount of predictability between Movado time series from 8th of April 2024 to 23rd of April 2024 and 23rd of April 2024 to 8th 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 Movado Group price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Movado price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Movado Group lagged returns against current returns
Autocorrelation, which is Movado 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 Movado's stock expected returns. We can calculate the autocorrelation of Movado returns to help us make a trade decision. For example, suppose you find that Movado 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 |
Movado 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 Movado stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Movado stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Movado stock over time.
Current vs Lagged Prices |
| Timeline |
Movado Lagged Returns
When evaluating Movado's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Movado stock have on its future price. Movado 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, Movado autocorrelation shows the relationship between Movado stock current value and its past values and can show if there is a momentum factor associated with investing in Movado Group.
Regressed Prices |
| Timeline |
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When running Movado's price analysis, check to measure Movado'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 Movado is operating at the current time. Most of Movado's value examination focuses on studying past and present price action to predict the probability of Movado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movado's price. Additionally, you may evaluate how the addition of Movado to your portfolios can decrease your overall portfolio volatility.
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Movado 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.