Masonite Company Equity Multiplier from 2010 to 2024
| DOOR Stock | USD 132.70 0.08 0.06% |
Company Equity Multiplier | First Reported 2010-12-31 | Previous Quarter 3.16577601 | Current Value 1.96 | Quarterly Volatility 0.47863862 |
Check Masonite International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Masonite main balance sheet or income statement drivers, such as Interest Expense of 36 M, Selling General Administrative of 192.6 M or Total Revenue of 2.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0 or PTB Ratio of 1.92. Masonite financial statements analysis is a perfect complement when working with Masonite International Valuation or Volatility modules.
Masonite | Company Equity Multiplier |
Latest Masonite International's Company Equity Multiplier Growth Pattern
Below is the plot of the Company Equity Multiplier of Masonite International Corp over the last few years. It is Masonite International's Company Equity Multiplier historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Masonite International's overall financial position and show how it may be relating to other accounts over time.
| Company Equity Multiplier | 10 Years Trend |
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Company Equity Multiplier |
| Timeline |
Masonite Company Equity Multiplier Regression Statistics
| Arithmetic Mean | 2.54 | |
| Geometric Mean | 2.50 | |
| Coefficient Of Variation | 18.83 | |
| Mean Deviation | 0.44 | |
| Median | 2.28 | |
| Standard Deviation | 0.48 | |
| Sample Variance | 0.23 | |
| Range | 1.29 | |
| R-Value | 0.62 | |
| Mean Square Error | 0.15 | |
| R-Squared | 0.38 | |
| Significance | 0.01 | |
| Slope | 0.07 | |
| Total Sum of Squares | 3.21 |
Masonite Company Equity Multiplier History
About Masonite International Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Masonite International income statement, its balance sheet, and the statement of cash flows. Masonite International investors use historical funamental indicators, such as Masonite International's Company Equity Multiplier, to determine how well the company is positioned to perform in the future. Although Masonite International investors may use each financial statement separately, they are all related. The changes in Masonite International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Masonite International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Masonite International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Masonite International. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Company Equity Multiplier | 3.17 | 1.96 |
Masonite International Investors Sentiment
The influence of Masonite International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Masonite. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Masonite International's public news can be used to forecast risks associated with an investment in Masonite. The trend in average sentiment can be used to explain how an investor holding Masonite can time the market purely based on public headlines and social activities around Masonite International Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Masonite International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Masonite International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Masonite International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Masonite International.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Masonite International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Masonite International's short interest history, or implied volatility extrapolated from Masonite International options trading.
Pair Trading with Masonite International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Masonite International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Masonite International will appreciate offsetting losses from the drop in the long position's value.Moving together with Masonite Stock
| 0.63 | TT | Trane Technologies plc | PairCorr |
Moving against Masonite Stock
| 0.45 | ROCK | Gibraltar Industries | PairCorr |
The ability to find closely correlated positions to Masonite International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Masonite International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Masonite International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Masonite International Corp to buy it.
The correlation of Masonite International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Masonite International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Masonite International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Masonite International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Masonite International Correlation against competitors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Masonite Stock analysis
When running Masonite International's price analysis, check to measure Masonite International'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 Masonite International is operating at the current time. Most of Masonite International's value examination focuses on studying past and present price action to predict the probability of Masonite International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masonite International's price. Additionally, you may evaluate how the addition of Masonite International to your portfolios can decrease your overall portfolio volatility.
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Is Masonite International'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 Masonite International. If investors know Masonite 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 Masonite International 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 (0.27) | Earnings Share 5.29 | Revenue Per Share 107.414 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0799 |
The market value of Masonite International is measured differently than its book value, which is the value of Masonite that is recorded on the company's balance sheet. Investors also form their own opinion of Masonite International's value that differs from its market value or its book value, called intrinsic value, which is Masonite International'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 Masonite International's market value can be influenced by many factors that don't directly affect Masonite International'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 Masonite International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Masonite International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Masonite International'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.