Marine Stock Market Value

MPX
 Stock
  

USD 11.13  0.15  1.33%   

Marine Products' market value is the price at which a share of Marine Products stock trades on a public exchange. It measures the collective expectations of Marine Products Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Marine Products Corp and determine expected loss or profit from investing in Marine Products over a given investment horizon. Additionally, see Marine Products Correlation, Marine Products Volatility and Marine Products Alpha and Beta module to complement your research on Marine Products.
Symbol


Is Marine Products' 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 Marine Products. If investors know Marine 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 Marine Products 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 YOY
0.71
Market Capitalization
386.2 M
Quarterly Revenue Growth YOY
0.43
Return On Assets
0.21
Return On Equity
0.32
The market value of Marine Products Corp is measured differently than its book value, which is the value of Marine that is recorded on the company's balance sheet. Investors also form their own opinion of Marine Products' value that differs from its market value or its book value, called intrinsic value, which is Marine Products' 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 Marine Products' market value can be influenced by many factors that don't directly affect Marine Products' 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 Marine Products' value and its price as these two are different measures arrived at by different means. Investors typically determine Marine Products value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marine Products' 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.

Marine Products '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 Marine Products' 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 Marine Products.
0.00
08/29/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/19/2022
0.00
If you would invest  0.00  in Marine Products on August 29, 2020 and sell it all today you would earn a total of 0.00 from holding Marine Products Corp or generate 0.0% return on investment in Marine Products over 720 days. Marine Products is related to or competes with Forza X1, Ulta Beauty, Starbucks Corp, Walmart, Home Depot, Johnson Johnson, and General Electric. Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport... More

Marine Products 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 Marine Products' 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 Marine Products Corp upside and downside potential and time the market with a certain degree of confidence.

Marine Products Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Marine Products' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marine Products' standard deviation. In reality, there are many statistical measures that can use Marine Products historical prices to predict the future Marine Products' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Marine Products' 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 Marine Products in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.4411.1014.76
Details
Intrinsic
Valuation
LowReal ValueHigh
10.1313.7917.45
Details
Naive
Forecast
LowNext ValueHigh
7.6111.2714.93
Details
1 Analysts
Consensus
LowTarget PriceHigh
17.0017.0017.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Marine Products. Your research has to be compared to or analyzed against Marine Products' peers to derive any actionable benefits. When done correctly, Marine Products' 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 Marine Products Corp.

Marine Products Corp Backtested Returns

We consider Marine Products somewhat reliable. Marine Products Corp has Sharpe Ratio of 0.048, which conveys that the firm had 0.048% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Marine Products, which you can use to evaluate the future volatility of the firm. Please verify Marine Products Corp mean deviation of 2.85, and Risk Adjusted Performance of (0.004688) to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
Marine Products has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.9769, which conveys a somewhat significant risk relative to the market. Let's try to break down what Marine'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, Marine Products will likely underperform. Although it is important to respect Marine Products Corp price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Marine Products Corp technical indicators, you can presently evaluate if the expected return of 0.18% will be sustainable into the future. Marine Products Corp right now secures a risk of 3.66%. Please verify Marine Products Corp variance and potential upside to decide if Marine Products Corp will be following its current price movements.

Auto-correlation

    
  0.10  

Insignificant predictability

Marine Products Corp has insignificant predictability. Overlapping area represents the amount of predictability between Marine Products time series from 29th of August 2020 to 24th of August 2021 and 24th of August 2021 to 19th of August 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 Marine Products Corp price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Marine Products price fluctuation can be explain by its past prices.
Correlation Coefficient0.1
Spearman Rank Test0.08
Residual Average0.0
Price Variance1.24

Marine Products Corp lagged returns against current returns

Autocorrelation, which is Marine Products 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 Marine Products' stock expected returns. We can calculate the autocorrelation of Marine Products returns to help us make a trade decision. For example, suppose you find that Marine Products 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  

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

Marine Products Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Marine Products without increasing your portfolio risk or giving up the 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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Additionally, see Marine Products Correlation, Marine Products Volatility and Marine Products Alpha and Beta module to complement your research on Marine Products. Note that the Marine Products Corp information on this page should be used as a complementary analysis to other Marine Products' 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Marine Stock analysis

When running Marine Products Corp price analysis, check to measure Marine Products' 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 Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.
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Marine Products 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 Marine Products technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Marine Products 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...