Mdu Resources Group Stock Technical Analysis
MDU Stock | USD 23.56 0.05 0.21% |
As of the 18th of April 2024, MDU Resources secures the Risk Adjusted Performance of 0.1543, market risk adjusted performance of 0.2319, and Mean Deviation of 1.03. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MDU Resources Group, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for MDU Resources, which can be compared to its peers in the industry. Please verify MDU Resources Group jensen alpha and downside variance to decide if MDU Resources Group is priced more or less accurately, providing market reflects its recent price of 23.56 per share. Given that MDU Resources Group has jensen alpha of 0.2341, we recommend you to check MDU Resources's last-minute market performance to make sure the company can sustain itself at some point in the future.
MDU Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MDU, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MDUMDU |
MDU Resources Analyst Consensus
Target Price | Advice | # of Analysts | |
24.38 | Buy | 4 | Odds |
Most MDU analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MDU stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MDU Resources Group, talking to its executives and customers, or listening to MDU conference calls.
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.
MDU Resources Group Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of MDU Resources Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MDU Resources Group Trend Analysis
Use this graph to draw trend lines for MDU Resources Group. You can use it to identify possible trend reversals for MDU Resources as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual MDU Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MDU Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MDU Resources Group applied against its price change over selected period. The best fit line has a slop of 0.11 , which may imply that MDU Resources Group will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 424.4, which is the sum of squared deviations for the predicted MDU Resources price change compared to its average price change.About MDU Resources Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of MDU Resources Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of MDU Resources Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MDU Resources Group price pattern first instead of the macroeconomic environment surrounding MDU Resources Group. By analyzing MDU Resources's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of MDU Resources's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to MDU Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0401 | 0.0418 | 0.04 | 0.0514 | Price To Sales Ratio | 0.75 | 0.61 | 0.87 | 0.84 |
MDU Resources April 18, 2024 Technical Indicators
Most technical analysis of MDU help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MDU from various momentum indicators to cycle indicators. When you analyze MDU charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1543 | |||
Market Risk Adjusted Performance | 0.2319 | |||
Mean Deviation | 1.03 | |||
Semi Deviation | 0.9267 | |||
Downside Deviation | 1.18 | |||
Coefficient Of Variation | 422.47 | |||
Standard Deviation | 1.29 | |||
Variance | 1.65 | |||
Information Ratio | 0.1936 | |||
Jensen Alpha | 0.2341 | |||
Total Risk Alpha | 0.2017 | |||
Sortino Ratio | 0.2102 | |||
Treynor Ratio | 0.2219 | |||
Maximum Drawdown | 6.5 | |||
Value At Risk | (1.68) | |||
Potential Upside | 2.43 | |||
Downside Variance | 1.4 | |||
Semi Variance | 0.8588 | |||
Expected Short fall | (1.19) | |||
Skewness | 0.1116 | |||
Kurtosis | 0.0113 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDU Resources Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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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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.