Marine Products Stock Probability of Future Stock Price Finishing Under 11.03
| MPX Stock | USD 11.46 0.08 0.70% |
Closest to current price Marine long CALL Option Payoff at Expiration
Marine |
Marine Products Target Price Odds to finish below 11.03
The tendency of Marine Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 11.03 or more in 90 days |
| 11.46 | 90 days | 11.03 | about 61.69 |
Based on a normal probability distribution, the odds of Marine Products to drop to $ 11.03 or more in 90 days from now is about 61.69 (This Marine Products probability density function shows the probability of Marine Stock to fall within a particular range of prices over 90 days) . Probability of Marine Products price to stay between $ 11.03 and its current price of $11.46 at the end of the 90-day period is about 27.28 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.42 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Marine Products will likely underperform. Additionally Marine Products has an alpha of 0.0867, implying that it can generate a 0.0867 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Marine Products Price Density |
| Price |
Predictive Modules for Marine Products
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Marine Products. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Marine Products Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Marine Products is not an exception. The market had few large corrections towards the Marine Products' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Marine Products, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Marine Products within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | 2.42 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | 0.05 |
Marine Products Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Marine Products for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Marine Products can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Marine Products had very high historical volatility over the last 90 days | |
| About 76.0% of the company outstanding shares are owned by corporate insiders | |
| On 11th of March 2024 Marine Products paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Research Analysts Issue Forecasts for Marine Products Co.s Q2 2024 Earnings - MarketBeat |
Marine Products Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Marine Stock often depends not only on the future outlook of the current and potential Marine Products' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Marine Products' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.6 M | |
| Cash And Short Term Investments | 72 M |
Marine Products Technical Analysis
Marine Products' future price can be derived by breaking down and analyzing its technical indicators over time. Marine Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Marine Products. In general, you should focus on analyzing Marine Stock price patterns and their correlations with different microeconomic environments and drivers.
Marine Products Predictive Forecast Models
Marine Products' time-series forecasting models is one of many Marine Products' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Marine Products' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Marine Products
Checking the ongoing alerts about Marine Products for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Marine Products help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Marine Products had very high historical volatility over the last 90 days | |
| About 76.0% of the company outstanding shares are owned by corporate insiders | |
| On 11th of March 2024 Marine Products paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Research Analysts Issue Forecasts for Marine Products Co.s Q2 2024 Earnings - MarketBeat |
Check out Marine Products Backtesting, Marine Products Valuation, Marine Products Correlation, Marine Products Hype Analysis, Marine Products Volatility, Marine Products History as well as Marine Products Performance. For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Marine Stock analysis
When running Marine Products' 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 the 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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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 (0.61) | Dividend Share 0.56 | Earnings Share 1 | Revenue Per Share 9.684 | Quarterly Revenue Growth (0.42) |
The market value of Marine Products 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 if Marine Products is a good investment 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.