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Is Marine Products (NYSE:MPX) stock way too aggressive for baby boomers?
 | By Rifka Kats | Macroaxis Story |
It appears Marine Products may not recover as fast as we have hopped for as its price went down 1.36% today. This firm current daily volatility is 3.17 percent, with a beta of 0.55 and an alpha of -0.14 over DOW. As many of us are getting excited about current market fluctuations it is important to break down Marine Products based on its technical indicators. We will evaluate why we are still optimistic in anticipation of a recovery.
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Reviewed by Gabriel Shpitalnik
Marine Products has roughly 29.01 M in cash with 28.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86. Our investment recommendation tool can cross-verify current analyst consensus on Marine Products and to analyze the entity potential to grow in the current economic cycle.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Marine Products. Your research has to be compared to or analyzed against Marine Products' peers to derive any actionable benefits. When done correctly, Marine Products' 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 Marine Products.
Investing in Marine Products, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Marine Products along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
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.
How important is Marine Products's Liquidity
Marine Products financial leverage refers to using borrowed capital as a funding source to finance Marine Products ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Marine Products financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Marine Products' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Marine Products' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Marine Products's total debt and its cash.
Marine Products Gross Profit
Marine Products Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Marine Products previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Marine Products Gross Profit growth over the last 10 years. Please check Marine Products' gross profit and other fundamental indicators for more details.
Marine Products Correlation with Peers
Investors in Marine can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Marine Products. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Marine Products and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Marine is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Marine for more details
Going after Marine Financials
We consider Marine Products not too volatile. Marine Products has Sharpe Ratio of 0.0416, which conveys that the firm had 0.0416% of return per unit of risk over the last month. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Marine Products, which you can use to evaluate future volatility of the firm. Please verify Marine Products risk adjusted performance of 0.0016, and Mean Deviation of 2.65 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Marine Products. Please refer to our Terms of Use for any information regarding our disclosure principles.