Marine Products Stock Performance

MPX Stock  USD 11.43  0.68  6.33%   
Marine Products has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 2.45, 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, Marine Products will likely underperform. Marine Products right now secures a risk of 3.25%. Please verify Marine Products potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Marine Products will be following its current price movements.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Marine Products are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Marine Products is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more

Actual Historical Performance (%)

One Day Return
6.33
Five Day Return
5.64
Year To Date Return
(2.31)
Ten Year Return
56.15
All Time Return
864.07
Forward Dividend Yield
0.0521
Payout Ratio
0.4424
Last Split Factor
3:2
Forward Dividend Rate
0.56
Dividend Date
2024-03-11
1
Acquisition by Michael Schmit of 16667 shares of Marine Products subject to Rule 16b-3
01/24/2024
2
Marine Products GAAP EPS of 0.16 misses by 0.17, revenue of 70.9M misses by 36.6M
01/25/2024
3
Payment of 1186 shares by Michael Schmit of Marine Products subject to Rule 16b-3
01/29/2024
4
Marine Products Will Pay A Dividend Of 0.14
01/30/2024
5
Acadian Asset Management LLC Purchases 3803 Shares of Marine Products Co. - AmericanBankingNEWS
03/01/2024
6
Global Recreational Boating Market Size is Projected to Reach USD 51,908.38 million by 2030, Growing at a CAGR of 5.46 percent Straits Research
03/04/2024
 
Marine Products dividend paid on 11th of March 2024
03/11/2024
7
Connors Investor Services Inc. Has 158,000 Stock Holdings in Marine Products Co.
03/12/2024
8
Acquisition by Richard Hubbell of 21750 shares of Marine Products subject to Rule 16b-3
03/19/2024
9
Discretionary transaction by Gary Rollins of tradable shares of Marine Products subject to Rule 16b-3
03/27/2024
Begin Period Cash Flow43.2 M
  

Marine Products Relative Risk vs. Return Landscape

If you would invest  1,125  in Marine Products on December 29, 2023 and sell it today you would earn a total of  18.00  from holding Marine Products or generate 1.6% return on investment over 90 days. Marine Products is generating 0.0782% of daily returns assuming volatility of 3.2539% on return distribution over 90 days investment horizon. In other words, 28% of stocks are less volatile than Marine, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
       Risk  
Considering the 90-day investment horizon Marine Products is expected to generate 1.7 times less return on investment than the market. In addition to that, the company is 5.68 times more volatile than its market benchmark. It trades about 0.02 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

Marine Products Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Marine Products' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Marine Products, and traders can use it to determine the average amount a Marine Products' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.024

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Estimated Market Risk

 3.25
  actual daily
28
72% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Marine Products is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Marine Products by adding it to a well-diversified portfolio.

Marine Products Fundamentals Growth

Marine Stock prices reflect investors' perceptions of the future prospects and financial health of Marine Products, and Marine Products fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Marine Stock performance.

About Marine Products Performance

To evaluate Marine Products Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Marine Products generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Marine Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Marine Products market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Marine's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return On Capital Employed 0.28  0.18 
Return On Assets 0.22  0.12 
Return On Equity 0.28  0.15 

Things to note about Marine Products performance evaluation

Checking the ongoing alerts about Marine Products for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Marine Products help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Marine Products had very high historical volatility over the last 90 days
About 76.0% of the company outstanding shares are owned by corporate insiders
On 11th of March 2024 Marine Products paid $ 0.14 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Discretionary transaction by Gary Rollins of tradable shares of Marine Products subject to Rule 16b-3
Evaluating Marine Products' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Marine Products' stock performance include:
  • Analyzing Marine Products' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Marine Products' stock is overvalued or undervalued compared to its peers.
  • Examining Marine Products' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Marine Products' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Marine Products' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Marine Products' stock. These opinions can provide insight into Marine Products' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Marine Products' stock performance is not an exact science, and many factors can impact Marine Products' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Marine Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marine Products' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marine Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marine Products Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marine Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Marine Stock analysis

When running Marine Products' price analysis, check to measure Marine Products' 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 Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.
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Is Marine Products' 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 Marine Products. If investors know Marine 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 Marine Products 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
(0.55)
Dividend Share
0.56
Earnings Share
1.21
Revenue Per Share
11.141
Quarterly Revenue Growth
(0.35)
The market value of Marine Products is measured differently than its book value, which is the value of Marine that is recorded on the company's balance sheet. Investors also form their own opinion of Marine Products' value that differs from its market value or its book value, called intrinsic value, which is Marine Products' 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 Marine Products' market value can be influenced by many factors that don't directly affect Marine Products' 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 Marine Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marine Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marine Products' 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.