Mdu Resources Group Stock Market Value

MDU Stock  USD 24.50  0.88  3.73%   
MDU Resources' market value is the price at which a share of MDU Resources trades on a public exchange. It measures the collective expectations of MDU Resources Group investors about its performance. MDU Resources is selling for under 24.50 as of the 28th of March 2024; that is 3.73 percent increase since the beginning of the trading day. The stock's last reported lowest price was 23.75.
With this module, you can estimate the performance of a buy and hold strategy of MDU Resources Group and determine expected loss or profit from investing in MDU Resources over a given investment horizon. Check out MDU Resources Correlation, MDU Resources Volatility and MDU Resources Alpha and Beta module to complement your research on MDU Resources.
Symbol

MDU Resources Group Price To Book Ratio

Is MDU Resources' 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 MDU Resources. If investors know MDU 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 MDU Resources 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
0.46
Dividend Share
0.695
Earnings Share
2.36
Revenue Per Share
22.87
Quarterly Revenue Growth
(0.14)
The market value of MDU Resources Group is measured differently than its book value, which is the value of MDU that is recorded on the company's balance sheet. Investors also form their own opinion of MDU Resources' value that differs from its market value or its book value, called intrinsic value, which is MDU Resources' 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 MDU Resources' market value can be influenced by many factors that don't directly affect MDU Resources' 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 MDU Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if MDU Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDU Resources' 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.

MDU Resources '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 MDU Resources' 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 MDU Resources.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in MDU Resources on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding MDU Resources Group or generate 0.0% return on investment in MDU Resources over 30 days. MDU Resources is related to or competes with Compass Diversified, Compass Diversified, Compass Diversified, Steel Partners, Mammoth Energy, and Dominion Energy. MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses i... More

MDU Resources 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 MDU Resources' 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 MDU Resources Group upside and downside potential and time the market with a certain degree of confidence.

MDU Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for MDU Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MDU Resources' standard deviation. In reality, there are many statistical measures that can use MDU Resources historical prices to predict the future MDU Resources' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MDU Resources' 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.
Hype
Prediction
LowEstimatedHigh
23.3724.5025.63
Details
Intrinsic
Valuation
LowRealHigh
22.0527.2428.37
Details
Naive
Forecast
LowNextHigh
23.2724.3925.52
Details
5 Analysts
Consensus
LowTargetHigh
22.1924.3827.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MDU Resources. Your research has to be compared to or analyzed against MDU Resources' peers to derive any actionable benefits. When done correctly, MDU Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MDU Resources Group.

MDU Resources Group Backtested Returns

MDU Resources appears to be very steady, given 3 months investment horizon. MDU Resources Group has Sharpe Ratio of 0.31, which conveys that the firm had a 0.31% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for MDU Resources, which you can use to evaluate the volatility of the firm. Please exercise MDU Resources' Risk Adjusted Performance of 0.1723, mean deviation of 0.9232, and Market Risk Adjusted Performance of 0.2695 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MDU Resources holds a performance score of 24. The company secures a Beta (Market Risk) of 1.29, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MDU Resources will likely underperform. Please check MDU Resources' downside variance, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether MDU Resources' current price movements will revert.

Auto-correlation

    
  0.90  

Excellent predictability

MDU Resources Group has excellent predictability. Overlapping area represents the amount of predictability between MDU Resources time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MDU Resources Group price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current MDU Resources price fluctuation can be explain by its past prices.
Correlation Coefficient0.9
Spearman Rank Test0.8
Residual Average0.0
Price Variance0.38

MDU Resources Group lagged returns against current returns

Autocorrelation, which is MDU Resources 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 MDU Resources' stock expected returns. We can calculate the autocorrelation of MDU Resources returns to help us make a trade decision. For example, suppose you find that MDU Resources 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 price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

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

MDU Resources Lagged Returns

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

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When determining whether MDU Resources Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MDU Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mdu Resources Group Stock. Highlighted below are key reports to facilitate an investment decision about Mdu Resources Group Stock:
Check out MDU Resources Correlation, MDU Resources Volatility and MDU Resources Alpha and Beta module to complement your research on MDU Resources.
Note that the MDU Resources Group information on this page should be used as a complementary analysis to other MDU Resources' 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 the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for MDU Stock analysis

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