Marinemax Stock Technical Analysis
| HZO Stock | USD 28.03 1.35 5.06% |
As of the 19th of April, MarineMax secures the Standard Deviation of 3.29, mean deviation of 2.34, and Risk Adjusted Performance of (0.04). MarineMax 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 analyze thirteen technical drivers for MarineMax, which can be compared to its peers in the industry. Please verify MarineMax market risk adjusted performance and treynor ratio to decide if MarineMax is priced some-what accurately, providing market reflects its recent price of 28.03 per share. Given that MarineMax has information ratio of (0.10), we recommend you to check MarineMax's last-minute market performance to make sure the company can sustain itself at a future point.
MarineMax Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MarineMax, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MarineMaxMarineMax |
MarineMax Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 42.86 | Strong Buy | 9 | Odds |
Most MarineMax 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 MarineMax stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MarineMax, talking to its executives and customers, or listening to MarineMax conference calls.
MarineMax 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.
MarineMax 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 MarineMax volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MarineMax Trend Analysis
Use this graph to draw trend lines for MarineMax. You can use it to identify possible trend reversals for MarineMax 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 MarineMax price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MarineMax Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MarineMax applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that the returns on investment in MarineMax will continue to fail. It has 122 observation points and a regression sum of squares at 45.82, which is the sum of squared deviations for the predicted MarineMax price change compared to its average price change.About MarineMax 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 MarineMax 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 MarineMax based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MarineMax price pattern first instead of the macroeconomic environment surrounding MarineMax. By analyzing MarineMax'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 MarineMax'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 MarineMax specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.003281 | 0.003773 | 0.003584 | Price To Sales Ratio | 0.3 | 0.27 | 0.29 |
MarineMax April 19, 2024 Technical Indicators
Most technical analysis of MarineMax 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 MarineMax from various momentum indicators to cycle indicators. When you analyze MarineMax 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.13) | |||
| Mean Deviation | 2.34 | |||
| Coefficient Of Variation | (1,206) | |||
| Standard Deviation | 3.29 | |||
| Variance | 10.84 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.14) | |||
| Maximum Drawdown | 16.89 | |||
| Value At Risk | (6.10) | |||
| Potential Upside | 4.05 | |||
| Skewness | (1.12) | |||
| Kurtosis | 4.53 |
MarineMax April 19, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as MarineMax stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 32,551 | ||
| Daily Balance Of Power | 0.65 | ||
| Rate Of Daily Change | 1.05 | ||
| Day Median Price | 27.56 | ||
| Day Typical Price | 27.71 | ||
| Price Action Indicator | 1.15 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MarineMax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in MarineMax Stock, please use our How to Invest in MarineMax guide.Note that the MarineMax information on this page should be used as a complementary analysis to other MarineMax's 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for MarineMax Stock analysis
When running MarineMax's price analysis, check to measure MarineMax'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 MarineMax is operating at the current time. Most of MarineMax's value examination focuses on studying past and present price action to predict the probability of MarineMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MarineMax's price. Additionally, you may evaluate how the addition of MarineMax to your portfolios can decrease your overall portfolio volatility.
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Is MarineMax'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 MarineMax. If investors know MarineMax 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 MarineMax 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 (0.95) | Earnings Share 4.02 | Revenue Per Share 109.917 | Quarterly Revenue Growth 0.038 | Return On Assets 0.0496 |
The market value of MarineMax is measured differently than its book value, which is the value of MarineMax that is recorded on the company's balance sheet. Investors also form their own opinion of MarineMax's value that differs from its market value or its book value, called intrinsic value, which is MarineMax'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 MarineMax's market value can be influenced by many factors that don't directly affect MarineMax'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 MarineMax's value and its price as these two are different measures arrived at by different means. Investors typically determine if MarineMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarineMax'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.