Marinemax Stock Market Value

HZO -  USA Stock  

USD 39.94  2.24  5.94%

Marinemax's market value is the price at which a share of Marinemax stock trades on a public exchange. It measures the collective expectations of Marinemax investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Marinemax and determine expected loss or profit from investing in Marinemax over a given investment horizon. Please check Marinemax Hype Analysis, Marinemax Correlation, Marinemax Valuation, Marinemax Volatility, as well as analyze Marinemax Alpha and Beta and Marinemax Performance.
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Backtest


Is Marinemax'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 Marinemax. If investors know Marinemax 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 Marinemax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Marinemax is measured differently than its book value, which is the value of Marinemax that is recorded on the company's balance sheet. Investors also form their own opinion of Marinemax's value that differs from its market value or its book value, called intrinsic value, which is Marinemax'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 Marinemax's market value can be influenced by many factors that don't directly affect Marinemax'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 Marinemax's value and its price as these two are different measures arrived at by different means. Investors typically determine Marinemax value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marinemax'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.

Marinemax '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 Marinemax'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 Marinemax.
0.00
08/28/2021
No Change 0.00  0.0 
In 8 months and 28 days
05/25/2022
0.00
If you would invest  0.00  in Marinemax on August 28, 2021 and sell it all today you would earn a total of 0.00 from holding Marinemax or generate 0.0% return on investment in Marinemax over 270 days. Marinemax is related to or competes with Envela Corp, National Vision, and Genuine Parts. MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States

Marinemax 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 Marinemax'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 Marinemax upside and downside potential and time the market with a certain degree of confidence.

Marinemax Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Marinemax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marinemax's standard deviation. In reality, there are many statistical measures that can use Marinemax historical prices to predict the future Marinemax's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Marinemax'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. Please use the tools below to analyze the current value of Marinemax in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
36.4639.8243.18
Details
Intrinsic
Valuation
LowReal ValueHigh
35.9545.9949.35
Details
Naive
Forecast
LowNext ValueHigh
31.1334.4937.86
Details
4 Analysts
Consensus
LowTarget PriceHigh
49.0063.2575.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Marinemax. Your research has to be compared to or analyzed against Marinemax's peers to derive any actionable benefits. When done correctly, Marinemax's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Marinemax.

Marinemax Backtested Returns

Marinemax has Sharpe Ratio of -0.0426, which conveys that the firm had -0.0426% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Marinemax exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Marinemax risk adjusted performance of (0.10), and Mean Deviation of 2.57 to check out the risk estimate we provide.
The company secures a Beta (Market Risk) of 1.3662, which conveys a somewhat significant risk relative to the market. Let's try to break down what Marinemax's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Marinemax will likely underperform. Even though it is essential to pay attention to Marinemax price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Marinemax exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Marinemax has an expected return of -0.14%. Please be advised to verify Marinemax potential upside, as well as the relationship between the accumulation distribution and price action indicator to decide if Marinemax performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.58  

Good reverse predictability

Marinemax has good reverse predictability. Overlapping area represents the amount of predictability between Marinemax time series from 28th of August 2021 to 10th of January 2022 and 10th of January 2022 to 25th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Marinemax price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Marinemax price fluctuation can be explain by its past prices.
Correlation Coefficient-0.58
Spearman Rank Test-0.65
Residual Average0.0
Price Variance13.71

Marinemax lagged returns against current returns

Autocorrelation, which is Marinemax 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 Marinemax's stock expected returns. We can calculate the autocorrelation of Marinemax returns to help us make a trade decision. For example, suppose you find that Marinemax stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Marinemax 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 Marinemax stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marinemax stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marinemax stock over time.
 Current vs Lagged Prices 
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      Timeline 

Marinemax Lagged Returns

When evaluating Marinemax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marinemax stock have on its future price. Marinemax 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, Marinemax autocorrelation shows the relationship between Marinemax stock current value and its past values and can show if there is a momentum factor associated with investing in Marinemax.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Marinemax without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyze and compare many basic indicators for a group of related or unrelated entities
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Please check Marinemax Hype Analysis, Marinemax Correlation, Marinemax Valuation, Marinemax Volatility, as well as analyze Marinemax Alpha and Beta and Marinemax Performance. Note that the Marinemax information on this page should be used as a complementary analysis to other Marinemax'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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Marinemax price analysis, check to measure Marinemax'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 Marinemax is operating at the current time. Most of Marinemax's value examination focuses on studying past and present price action to predict the probability of Marinemax's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Marinemax's price. Additionally, you may evaluate how the addition of Marinemax to your portfolios can decrease your overall portfolio volatility.
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Marinemax 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.
A focus of Marinemax technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Marinemax trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...