Marinemax Stock Performance

HZO -  USA Stock  

USD 39.94  2.24  5.94%

The company secures a Beta (Market Risk) of 1.3533, 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 -0.16%. 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.
  
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Marinemax Performance
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Over the last 90 days Marinemax has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more

Marinemax Price Channel

Quick Ratio0.78
Fifty Two Week Low35.60
Target High Price84.00
Fifty Two Week High61.06
Target Low Price42.00

Marinemax Relative Risk vs. Return Landscape

If you would invest  4,589  in Marinemax on February 25, 2022 and sell it today you would lose (595.00)  from holding Marinemax or give up 12.97% of portfolio value over 90 days. Marinemax is generating negative expected returns assuming volatility of 3.375% on return distribution over 90 days investment horizon. In other words, 29% of stocks are less volatile than Marinemax, and above 99% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Marinemax is expected to under-perform the market. In addition to that, the company is 2.54 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.06 per unit of volatility.

Marinemax Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Marinemax's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Marinemax, and traders can use it to determine the average amount a Marinemax's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0486

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Negative ReturnsHZO
Estimated Market Risk
 3.38
  actual daily
 
 29 %
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2929
Expected Return
 -0.16
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 0 %
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Based on monthly moving average Marinemax is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Marinemax by adding it to a well-diversified portfolio.

About Marinemax Performance

To evaluate Marinemax Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Marinemax generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Marinemax Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Marinemax stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Marinemax's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-276.3 K-283.6 K
Return on Investment 29.52  31.85 
Return on Average Assets 0.19  0.18 
Return on Average Equity 0.33  0.35 
Return on Invested Capital 0.41  0.44 
Return on Sales 0.12  0.12 
MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. MarineMax, Inc. was incorporated in 1998 and is based in Clearwater, Florida. Marinemax operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 2666 people.

Things to note about Marinemax

Checking the ongoing alerts about Marinemax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Marinemax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Marinemax Alerts

Equity Alerts and Improvement Suggestions

Marinemax generated a negative expected return over the last 90 days
Marinemax has high historical volatility and very poor performance
Marinemax has a frail financial position based on the latest SEC disclosures
Latest headline from www.defenseworld.net: MarineMax, Inc. Given Consensus Rating of Buy by Analysts - Defense World
Please check Risk vs Return Analysis. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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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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.