Materion Sale Purchase Of Stock vs Change In Cash Analysis

MTRN Stock  USD 113.30  1.40  1.22%   
Materion financial indicator trend analysis is infinitely more than just investigating Materion recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Materion is a good investment. Please check the relationship between Materion Sale Purchase Of Stock and its Change In Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Materion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Materion Stock, please use our How to Invest in Materion guide.

Sale Purchase Of Stock vs Change In Cash

Sale Purchase Of Stock vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Materion Sale Purchase Of Stock account and Change In Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Materion's Sale Purchase Of Stock and Change In Cash is 0.13. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Materion, assuming nothing else is changed. The correlation between historical values of Materion's Sale Purchase Of Stock and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Materion are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Sale Purchase Of Stock i.e., Materion's Sale Purchase Of Stock and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Sale Purchase Of Stock

Change In Cash

Most indicators from Materion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Materion current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Materion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Materion Stock, please use our How to Invest in Materion guide.At this time, Materion's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 11th of December 2024, Enterprise Value Multiple is likely to grow to 16.36, while Selling General Administrative is likely to drop about 131.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit283.8M343.9M349.0M366.5M
Total Revenue1.5B1.8B1.7B1.7B

Materion fundamental ratios Correlations

0.950.550.960.950.990.930.94-0.250.990.53-0.250.70.490.970.980.64-0.810.980.970.970.380.940.980.680.68
0.950.440.90.830.940.990.79-0.360.970.66-0.360.630.280.980.910.57-0.60.980.990.870.450.990.920.490.47
0.550.440.550.560.460.380.590.210.480.150.210.870.650.490.530.14-0.740.510.450.65-0.120.440.480.810.83
0.960.90.550.90.950.880.89-0.240.940.38-0.240.660.560.920.960.76-0.780.950.920.960.550.870.970.660.65
0.950.830.560.90.950.790.99-0.040.920.49-0.040.670.520.850.950.57-0.890.880.890.970.220.810.950.750.75
0.990.940.460.950.950.920.93-0.30.990.52-0.30.650.460.960.980.68-0.790.970.960.950.420.930.980.650.64
0.930.990.380.880.790.920.75-0.470.960.62-0.470.590.270.980.90.59-0.550.980.980.830.490.990.90.450.43
0.940.790.590.890.990.930.75-0.040.90.4-0.040.680.570.830.940.56-0.930.860.860.970.190.770.930.790.79
-0.25-0.360.21-0.24-0.04-0.3-0.47-0.04-0.340.011.0-0.02-0.02-0.42-0.3-0.36-0.07-0.39-0.32-0.08-0.47-0.42-0.230.070.09
0.990.970.480.940.920.990.960.9-0.340.57-0.340.670.410.980.970.62-0.750.990.990.940.40.970.970.620.61
0.530.660.150.380.490.520.620.40.010.570.010.4-0.260.560.420.08-0.180.530.610.43-0.020.670.510.150.13
-0.25-0.360.21-0.24-0.04-0.3-0.47-0.041.0-0.340.01-0.02-0.02-0.42-0.3-0.36-0.07-0.39-0.32-0.08-0.47-0.42-0.230.070.09
0.70.630.870.660.670.650.590.68-0.020.670.4-0.020.670.680.650.35-0.770.690.610.740.080.660.610.880.88
0.490.280.650.560.520.460.270.57-0.020.41-0.26-0.020.670.40.520.58-0.770.440.310.610.280.280.430.810.82
0.970.980.490.920.850.960.980.83-0.420.980.56-0.420.680.40.940.61-0.681.00.980.90.450.990.930.570.57
0.980.910.530.960.950.980.90.94-0.30.970.42-0.30.650.520.940.65-0.820.960.950.960.380.90.980.690.68
0.640.570.140.760.570.680.590.56-0.360.620.08-0.360.350.580.610.65-0.480.650.570.650.810.550.680.390.38
-0.81-0.6-0.74-0.78-0.89-0.79-0.55-0.93-0.07-0.75-0.18-0.07-0.77-0.77-0.68-0.82-0.48-0.71-0.67-0.89-0.07-0.59-0.77-0.92-0.94
0.980.980.510.950.880.970.980.86-0.390.990.53-0.390.690.441.00.960.65-0.710.980.920.480.970.950.60.59
0.970.990.450.920.890.960.980.86-0.320.990.61-0.320.610.310.980.950.57-0.670.980.910.410.970.960.540.53
0.970.870.650.960.970.950.830.97-0.080.940.43-0.080.740.610.90.960.65-0.890.920.910.340.850.960.760.76
0.380.45-0.120.550.220.420.490.19-0.470.4-0.02-0.470.080.280.450.380.81-0.070.480.410.340.420.410.030.01
0.940.990.440.870.810.930.990.77-0.420.970.67-0.420.660.280.990.90.55-0.590.970.970.850.420.90.490.48
0.980.920.480.970.950.980.90.93-0.230.970.51-0.230.610.430.930.980.68-0.770.950.960.960.410.90.630.61
0.680.490.810.660.750.650.450.790.070.620.150.070.880.810.570.690.39-0.920.60.540.760.030.490.631.0
0.680.470.830.650.750.640.430.790.090.610.130.090.880.820.570.680.38-0.940.590.530.760.010.480.611.0
Click cells to compare fundamentals

Materion Account Relationship Matchups

Materion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets852.7M1.1B1.6B1.7B1.8B1.9B
Short Long Term Debt Total37.6M115.8M523.2M504.9M493.7M518.4M
Other Current Liab75.0M59.7M90.9M90.5M71.7M53.6M
Total Current Liabilities122.4M126.9M204.5M239.0M255.0M267.7M
Total Stockholder Equity610.7M655.6M720.4M800.0M885.1M929.3M
Property Plant And Equipment Net255.7M371.8M472.1M513.0M572.3M600.9M
Net Debt(87.4M)89.9M508.7M491.8M480.4M504.5M
Retained Earnings589.9M631.1M693.8M769.4M854.3M897.1M
Cash125.0M25.9M14.5M13.1M13.3M22.0M
Non Current Assets Total360.7M593.9M980.2M1.0B1.1B1.1B
Non Currrent Assets Other17.9M19.4M27.4M17.8M23.7M17.8M
Cash And Short Term Investments125.0M25.9M14.5M13.1M13.3M22.0M
Net Receivables154.8M166.4M223.6M215.2M192.7M98.9M
Common Stock Shares Outstanding20.7M20.6M20.7M20.8M20.9M20.5M
Liabilities And Stockholders Equity852.7M1.1B1.6B1.7B1.8B1.9B
Non Current Liabilities Total119.6M275.3M682.5M653.0M622.7M653.8M
Inventory190.4M250.8M361.1M423.1M441.6M463.7M
Other Current Assets21.8M41.8M28.1M39.1M61.7M64.8M
Other Stockholder Equity(183.4M)(195.4M)(209.9M)(220.9M)(237.7M)(225.9M)
Total Liab242.0M402.2M887.0M892.0M877.7M921.6M
Property Plant And Equipment Gross255.7M371.8M1.2B1.3B1.3B1.4B
Total Current Assets492.0M464.0M627.3M690.4M709.4M744.9M
Accumulated Other Comprehensive Income(45.5M)(38.6M)(40.2M)(41.9M)(41.0M)(43.1M)
Short Term Debt868K1.9M15.4M21.1M38.6M40.5M
Intangible Assets6.4M54.7M156.7M143.2M131.0M137.5M
Accounts Payable43.2M55.6M86.2M107.9M125.7M131.9M
Common Stock Total Equity249.7M258.6M272.0M288.1M331.3M196.5M
Common Stock249.7M258.6M272.0M288.1M309.5M200.3M
Other Liab82.8M161.5M174.7M169.2M194.6M133.5M
Other Assets22.3M22.5M7K29.4M26.5M16.6M
Long Term Debt1.3M36.5M434.4M410.9M387.6M407.0M
Treasury Stock(186.8M)(199.2M)(209.9M)(220.9M)(198.8M)(208.7M)
Property Plant Equipment232.3M309.7M472.1M513.0M590.0M619.5M
Current Deferred Revenue3.4M7.7M7.8M15.5M13.8M14.5M
Good Will79.0M144.9M318.6M319.5M320.9M336.9M
Net Tangible Assets560.8M533.3M318.5M410.2M471.7M466.0M
Retained Earnings Total Equity589.9M631.1M693.8M769.4M884.8M560.3M
Long Term Debt Total1.3M36.5M434.4M410.9M472.5M496.1M
Deferred Long Term Liab35.3M102.6M125.2M136.0M156.3M164.2M
Non Current Liabilities Other47.5M58.9M49.5M33.3M13.3M12.6M

Pair Trading with Materion

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Materion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Materion will appreciate offsetting losses from the drop in the long position's value.

Moving against Materion Stock

  0.71NB NioCorp DevelopmentsPairCorr
  0.68NMG Nouveau Monde GraphitePairCorr
  0.54VZLA Vizsla Resources CorpPairCorr
  0.47ELBM Electra Battery MaterialsPairCorr
  0.43VALE Vale SA ADR Aggressive PushPairCorr
The ability to find closely correlated positions to Materion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Materion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Materion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Materion to buy it.
The correlation of Materion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Materion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Materion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Materion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Materion offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Materion's 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 Materion Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Materion Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Materion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Materion Stock, please use our How to Invest in Materion guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Diversified Metals & Mining 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 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
(0.16)
Dividend Share
0.53
Earnings Share
3.53
Revenue Per Share
80.612
Quarterly Revenue Growth
0.083
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.