Materion Stock Market Value
| MTRN Stock | USD 119.75 1.13 0.93% |
| Symbol | Materion |
Materion Price To Book Ratio
Is Materion'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 Materion. If investors know Materion 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 Materion 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 (0.32) | Dividend Share 0.515 | Earnings Share 4.59 | Revenue Per Share 80.76 | Quarterly Revenue Growth (0.03) |
The market value of Materion is measured differently than its book value, which is the value of Materion that is recorded on the company's balance sheet. Investors also form their own opinion of Materion's value that differs from its market value or its book value, called intrinsic value, which is Materion'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 Materion's market value can be influenced by many factors that don't directly affect Materion'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 Materion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Materion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Materion'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.
Materion 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Materion's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Materion.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Materion on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Materion or generate 0.0% return on investment in Materion over 30 days. Materion is related to or competes with Vale SA, and Electra Battery. Materion Corporation, through with its subsidiaries, produces advanced engineered materials used in semiconductor, indus... More
Materion Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Materion's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Materion upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 15.7 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 3.94 |
Materion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Materion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Materion's standard deviation. In reality, there are many statistical measures that can use Materion historical prices to predict the future Materion's volatility.| Risk Adjusted Performance | 0.0209 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0167 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Materion's 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.
Materion Backtested Returns
We consider Materion very steady. Materion has Sharpe Ratio of 0.0177, which conveys that the firm had a 0.0177% return per unit of risk over the last 3 months. We have found thirty technical indicators for Materion, which you can use to evaluate the volatility of the firm. Please verify Materion's Downside Deviation of 2.13, mean deviation of 1.72, and Risk Adjusted Performance of 0.0209 to check out if the risk estimate we provide is consistent with the expected return of 0.0444%. Materion has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 2.61, 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, Materion will likely underperform. Materion right now secures a risk of 2.51%. Please verify Materion potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Materion will be following its current price movements.
Auto-correlation | 0.76 |
Good predictability
Materion has good predictability. Overlapping area represents the amount of predictability between Materion time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Materion price movement. The serial correlation of 0.76 indicates that around 76.0% of current Materion price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 5.48 |
Materion lagged returns against current returns
Autocorrelation, which is Materion stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Materion's stock expected returns. We can calculate the autocorrelation of Materion returns to help us make a trade decision. For example, suppose you find that Materion has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Materion regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Materion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Materion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Materion stock over time.
Current vs Lagged Prices |
| Timeline |
Materion Lagged Returns
When evaluating Materion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Materion stock have on its future price. Materion autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Materion autocorrelation shows the relationship between Materion stock current value and its past values and can show if there is a momentum factor associated with investing in Materion.
Regressed Prices |
| Timeline |
Materion Investors Sentiment
The influence of Materion's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Materion. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Materion's public news can be used to forecast risks associated with an investment in Materion. The trend in average sentiment can be used to explain how an investor holding Materion can time the market purely based on public headlines and social activities around Materion. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Materion's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Materion's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Materion's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Materion.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Materion in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Materion's short interest history, or implied volatility extrapolated from Materion options trading.
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Try AI Portfolio ArchitectCheck out Materion Correlation, Materion Volatility and Materion Alpha and Beta module to complement your research on Materion. To learn how to invest in Materion Stock, please use our How to Invest in Materion guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Materion Stock analysis
When running Materion's price analysis, check to measure Materion'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 Materion is operating at the current time. Most of Materion's value examination focuses on studying past and present price action to predict the probability of Materion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Materion's price. Additionally, you may evaluate how the addition of Materion to your portfolios can decrease your overall portfolio volatility.
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