Mueller Water Products Stock Market Value
| MWA Stock | USD 15.89 0.55 3.59% |
| Symbol | Mueller |
Mueller Water Products Price To Book Ratio
Is Mueller Water'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 Mueller Water. If investors know Mueller 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 Mueller Water 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 (0.36) | Dividend Share 0.247 | Earnings Share 0.5 | Revenue Per Share 7.793 | Quarterly Revenue Growth (0.19) |
The market value of Mueller Water Products is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Water's value that differs from its market value or its book value, called intrinsic value, which is Mueller Water'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 Mueller Water's market value can be influenced by many factors that don't directly affect Mueller Water'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 Mueller Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Water'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.
Mueller Water '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 Mueller Water's 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 Mueller Water.
| 10/22/2023 |
| 04/19/2024 |
If you would invest 0.00 in Mueller Water on October 22, 2023 and sell it all today you would earn a total of 0.00 from holding Mueller Water Products or generate 0.0% return on investment in Mueller Water over 180 days. Mueller Water is related to or competes with Emerson Electric, Smith AO, Eaton PLC, and Cummins. Mueller Water Products Inc. manufactures and markets products and services used in the transmission, distribution, and m... More
Mueller Water 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 Mueller Water's 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 Mueller Water Products upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.0863 | |||
| Maximum Drawdown | 13.02 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 3.15 |
Mueller Water Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mueller Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mueller Water's standard deviation. In reality, there are many statistical measures that can use Mueller Water historical prices to predict the future Mueller Water's volatility.| Risk Adjusted Performance | 0.0827 | |||
| Jensen Alpha | 0.1327 | |||
| Total Risk Alpha | 0.0427 | |||
| Sortino Ratio | 0.1246 | |||
| Treynor Ratio | 0.1481 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mueller Water's 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.
Mueller Water Products Backtested Returns
We consider Mueller Water not too volatile. Mueller Water Products has Sharpe Ratio of 0.0989, which conveys that the firm had a 0.0989% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mueller Water, which you can use to evaluate the volatility of the firm. Please verify Mueller Water's Mean Deviation of 1.23, risk adjusted performance of 0.0827, and Downside Deviation of 1.29 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. Mueller Water has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.48, 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, Mueller Water will likely underperform. Mueller Water Products right now secures a risk of 1.86%. Please verify Mueller Water Products jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Mueller Water Products will be following its current price movements.
Auto-correlation | 0.75 |
Good predictability
Mueller Water Products has good predictability. Overlapping area represents the amount of predictability between Mueller Water time series from 22nd of October 2023 to 20th of January 2024 and 20th of January 2024 to 19th of April 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 Mueller Water Products price movement. The serial correlation of 0.75 indicates that around 75.0% of current Mueller Water price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
Mueller Water Products lagged returns against current returns
Autocorrelation, which is Mueller Water 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 Mueller Water's stock expected returns. We can calculate the autocorrelation of Mueller Water returns to help us make a trade decision. For example, suppose you find that Mueller Water 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 |
Mueller Water 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 Mueller Water stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mueller Water stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mueller Water stock over time.
Current vs Lagged Prices |
| Timeline |
Mueller Water Lagged Returns
When evaluating Mueller Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mueller Water stock have on its future price. Mueller Water 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, Mueller Water autocorrelation shows the relationship between Mueller Water stock current value and its past values and can show if there is a momentum factor associated with investing in Mueller Water Products.
Regressed Prices |
| Timeline |
Mueller Water Investors Sentiment
The influence of Mueller Water'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 Mueller. 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 Mueller Water's public news can be used to forecast risks associated with an investment in Mueller. The trend in average sentiment can be used to explain how an investor holding Mueller can time the market purely based on public headlines and social activities around Mueller Water Products. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Mueller Water'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 Mueller Water'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 Mueller Water's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Mueller Water.
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 Mueller Water 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, Mueller Water's short interest history, or implied volatility extrapolated from Mueller Water options trading.
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Try AI Portfolio ArchitectCheck out Mueller Water Correlation, Mueller Water Volatility and Mueller Water Alpha and Beta module to complement your research on Mueller Water. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Mueller Stock analysis
When running Mueller Water's price analysis, check to measure Mueller Water'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 Mueller Water is operating at the current time. Most of Mueller Water's value examination focuses on studying past and present price action to predict the probability of Mueller Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mueller Water's price. Additionally, you may evaluate how the addition of Mueller Water to your portfolios can decrease your overall portfolio volatility.
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Mueller Water 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.