Marine Products Stock Technical Analysis

MPX Stock  USD 11.10  0.14  1.25%   
As of the 25th of April, Marine Products secures the Risk Adjusted Performance of 0.0319, mean deviation of 2.11, and Downside Deviation of 3.1. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Marine Products, as well as the relationship between them. 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 interpolate data for nineteen technical drivers for Marine Products, which can be compared to its peers in the industry. Please verify Marine Products variance and potential upside to decide if Marine Products is priced some-what accurately, providing market reflects its recent price of 11.1 per share. Given that Marine Products has jensen alpha of (0.07), we recommend you to check Marine Products's last-minute market performance to make sure the company can sustain itself at a future point.

Marine Products Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Marine, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Marine
  
Marine Products' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Marine Products Analyst Consensus

Target PriceAdvice# of Analysts
16.0Hold1Odds
Marine Products current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Marine 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 Marine stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Marine Products, talking to its executives and customers, or listening to Marine conference calls.
Marine Analyst Advice Details
Marine Products 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.
A focus of Marine Products technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Marine Products trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Marine Products Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was five with a total number of output elements of fifty-six. 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 Marine Products volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Marine Products Trend Analysis

Use this graph to draw trend lines for Marine Products. You can use it to identify possible trend reversals for Marine Products 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 Marine Products price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Marine Products Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Marine Products applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that Marine Products will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 8.07, which is the sum of squared deviations for the predicted Marine Products price change compared to its average price change.

About Marine Products 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 Marine Products 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 Marine Products based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Marine Products price pattern first instead of the macroeconomic environment surrounding Marine Products. By analyzing Marine Products'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 Marine Products'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 Marine Products specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03750.04340.05030.0528
Price To Sales Ratio1.41.031.01.22

Marine Products April 25, 2024 Technical Indicators

Most technical analysis of Marine 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 Marine from various momentum indicators to cycle indicators. When you analyze Marine 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.

Marine Products April 25, 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 Marine 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.
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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.