Maximus Stock Market Value
| MMS Stock | USD 73.09 1.87 2.49% |
| Symbol | Maximus |
Maximus Price To Book Ratio
Is Data Processing & Outsourced Services space 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 Maximus. If investors know Maximus 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 Maximus 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 1.92 | Earnings Share 4.77 | Revenue Per Share 85.78 | Quarterly Revenue Growth 0.106 | Return On Assets 0.075 |
The market value of Maximus is measured differently than its book value, which is the value of Maximus that is recorded on the company's balance sheet. Investors also form their own opinion of Maximus' value that differs from its market value or its book value, called intrinsic value, which is Maximus' 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 Maximus' market value can be influenced by many factors that don't directly affect Maximus' 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 Maximus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Maximus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maximus' 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.
Maximus '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 Maximus' 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 Maximus.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Maximus on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Maximus or generate 0.0% return on investment in Maximus over 30 days. Maximus is related to or competes with Network 1, First Advantage, BrightView Holdings, Civeo Corp, CBIZ, Rentokil Initial, and AZZ Incorporated. Maximus, Inc. provides business process services to government health and human services programs More
Maximus 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 Maximus' 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 Maximus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 10.19 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 1.76 |
Maximus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maximus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maximus' standard deviation. In reality, there are many statistical measures that can use Maximus historical prices to predict the future Maximus' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.44) |
Maximus Backtested Returns
Maximus has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Maximus exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maximus' Mean Deviation of 1.08, standard deviation of 1.68, and Risk Adjusted Performance of (0.12) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Maximus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Maximus is expected to be smaller as well. At this point, Maximus has a negative expected return of -0.33%. Please make sure to verify Maximus' potential upside and day median price , to decide if Maximus performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Maximus has very good reverse predictability. Overlapping area represents the amount of predictability between Maximus time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 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 Maximus price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Maximus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 38.01 |
Maximus lagged returns against current returns
Autocorrelation, which is Maximus 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 Maximus' stock expected returns. We can calculate the autocorrelation of Maximus returns to help us make a trade decision. For example, suppose you find that Maximus 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 |
Maximus 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 Maximus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maximus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maximus stock over time.
Current vs Lagged Prices |
| Timeline |
Maximus Lagged Returns
When evaluating Maximus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maximus stock have on its future price. Maximus 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, Maximus autocorrelation shows the relationship between Maximus stock current value and its past values and can show if there is a momentum factor associated with investing in Maximus.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Maximus Stock Analysis
When running Maximus' price analysis, check to measure Maximus' 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 Maximus is operating at the current time. Most of Maximus' value examination focuses on studying past and present price action to predict the probability of Maximus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maximus' price. Additionally, you may evaluate how the addition of Maximus to your portfolios can decrease your overall portfolio volatility.