Marinemax Stock Alpha and Beta Analysis

HZO
 Stock
  

USD 38.54  0.47  1.20%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Marinemax. It also helps investors analyze the systematic and unsystematic risks associated with investing in Marinemax over a specified time horizon. Remember, high Marinemax's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Marinemax Backtesting, Marinemax Valuation, Marinemax Correlation, Marinemax Hype Analysis, Marinemax Volatility, Marinemax History and analyze Marinemax Performance.
  
Please note that although Marinemax alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Marinemax did 0.11  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Marinemax stock's relative risk over its benchmark. Marinemax has a beta of 1.08  . Let's try to break down what Marinemax's beta means in this case. Marinemax returns are very sensitive to returns on the market. As the market goes up or down, Marinemax is expected to follow.
Marinemax Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 33.54. Enterprise Value over EBIT is expected to rise to 4.62 this year, although Price to Book Value will most likely fall to 1.87.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Marinemax Quarterly Book Value per Share

34.507

Marinemax Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Marinemax market risk premium is the additional return an investor will receive from holding Marinemax long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Marinemax. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Marinemax's performance over market.
α-0.11   β1.08
90 days against DJI

Marinemax expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Marinemax's Buy-and-hold return. Our buy-and-hold chart shows how Marinemax performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Marinemax Market Price Analysis

Market price analysis indicators help investors to evaluate how Marinemax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marinemax shares will generate the highest return on investment. By understating and applying Marinemax stock market price indicators, traders can identify Marinemax position entry and exit signals to maximize returns.

Marinemax Return and Market Media

The median price of Marinemax for the period between Wed, May 11, 2022 and Tue, Aug 9, 2022 is 40.1 with a coefficient of variation of 5.83. The daily time series for the period is distributed with a sample standard deviation of 2.34, arithmetic mean of 40.22, and mean deviation of 2.01. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Boating Shares Suffer in Market Selloff - Trade Only Today05/19/2022
2
MarineMax, Inc. Receives Average Recommendation of Buy from ...06/14/2022
3
EPS Estimate06/30/2022
4
Acquisition by Adam Johnson of 554 shares of Marinemax subje...07/05/2022
5
MarineMax to Release Quarterly Earnings on Thursday - Market...07/22/2022
6
EPS Reported07/28/2022
7
Citigroup Maintains Neutral Rating for MarineMax Heres What ...07/29/2022
8
MarineMax Issues FY 2022 Earnings Guidance - MarketBeat08/04/2022

About Marinemax Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Marinemax has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2020 2021 2022 (projected)
Long Term Debt to Equity0.07980.07190.0581
Interest Coverage57.1551.4455.5

Marinemax Upcoming Company Events

As portrayed in its financial statements, the presentation of Marinemax's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Marinemax's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Marinemax's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Marinemax. Please utilize our Beneish M Score to check the likelihood of Marinemax's management manipulating its earnings.
Upcoming Quarterly Report27th of January 2022
Next Financial Report28th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End25th of October 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Marinemax

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Marinemax Backtesting, Marinemax Valuation, Marinemax Correlation, Marinemax Hype Analysis, Marinemax Volatility, Marinemax History and analyze 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Marinemax Stock analysis

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.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
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...