Masonite International Corp Stock Technical Analysis
DOOR Stock | USD 131.60 0.32 0.24% |
As of the 24th of April, Masonite International secures the Mean Deviation of 1.29, risk adjusted performance of 0.0955, and Coefficient Of Variation of 717.55. Masonite International Corp technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. 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 and interpolate data for eighteen technical drivers for Masonite International, which can be compared to its peers in the industry. Please verify Masonite International information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Masonite International Corp is priced some-what accurately, providing market reflects its recent price of 131.6 per share. Given that Masonite International has treynor ratio of 1.18, we recommend you to check Masonite International's last-minute market performance to make sure the company can sustain itself at a future point.
Masonite International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Masonite, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MasoniteMasonite |
Masonite International Analyst Consensus
Target Price | Advice | # of Analysts | |
122.13 | Buy | 5 | Odds |
Most Masonite 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 Masonite stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Masonite International, talking to its executives and customers, or listening to Masonite conference calls.
Masonite International 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.
Masonite International Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Masonite International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Masonite International Trend Analysis
Use this graph to draw trend lines for Masonite International Corp. You can use it to identify possible trend reversals for Masonite International 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 Masonite International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Masonite International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Masonite International Corp applied against its price change over selected period. The best fit line has a slop of 0.48 , which means Masonite International Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8717.86, which is the sum of squared deviations for the predicted Masonite International price change compared to its average price change.About Masonite International 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 Masonite International Corp 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 Masonite International Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Masonite International price pattern first instead of the macroeconomic environment surrounding Masonite International. By analyzing Masonite International'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 Masonite International'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 Masonite International specific price patterns or momentum indicators. Please read more on our technical analysis page.
2017 | 2018 | 2023 | 2024 (projected) | Days Sales Outstanding | 48.76 | 49.59 | 45.49 | 54.64 | PTB Ratio | 3.01 | 2.48 | 2.2 | 1.92 |
Masonite International April 24, 2024 Technical Indicators
Most technical analysis of Masonite 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 Masonite from various momentum indicators to cycle indicators. When you analyze Masonite 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 | 0.0955 | |||
Market Risk Adjusted Performance | 1.19 | |||
Mean Deviation | 1.29 | |||
Downside Deviation | 0.7356 | |||
Coefficient Of Variation | 717.55 | |||
Standard Deviation | 4.38 | |||
Variance | 19.17 | |||
Information Ratio | 0.1176 | |||
Jensen Alpha | 0.5569 | |||
Total Risk Alpha | 0.0012 | |||
Sortino Ratio | 0.7001 | |||
Treynor Ratio | 1.18 | |||
Maximum Drawdown | 35.5 | |||
Value At Risk | (1.39) | |||
Potential Upside | 2.07 | |||
Downside Variance | 0.541 | |||
Semi Variance | (0.36) | |||
Expected Short fall | (1.46) | |||
Skewness | 7.74 | |||
Kurtosis | 61.73 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Masonite International Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Masonite Stock analysis
When running Masonite International's price analysis, check to measure Masonite International'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 Masonite International is operating at the current time. Most of Masonite International's value examination focuses on studying past and present price action to predict the probability of Masonite International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masonite International's price. Additionally, you may evaluate how the addition of Masonite International to your portfolios can decrease your overall portfolio volatility.
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Is Masonite International'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 Masonite International. If investors know Masonite 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 Masonite International 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 (0.27) | Earnings Share 5.29 | Revenue Per Share 107.414 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0799 |
The market value of Masonite International is measured differently than its book value, which is the value of Masonite that is recorded on the company's balance sheet. Investors also form their own opinion of Masonite International's value that differs from its market value or its book value, called intrinsic value, which is Masonite International'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 Masonite International's market value can be influenced by many factors that don't directly affect Masonite International'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 Masonite International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Masonite International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Masonite International'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.