Masimo Stock Market Value
| MASI Stock | USD 172.54 1.65 0.97% |
| Symbol | Masimo |
Masimo Price To Book Ratio
Is Health Care Equipment & Supplies 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 Masimo. If investors know Masimo 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 Masimo 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 (0.10) | Earnings Share 1.45 | Revenue Per Share 38.467 | Quarterly Revenue Growth 0.054 | Return On Assets 0.0266 |
The market value of Masimo is measured differently than its book value, which is the value of Masimo that is recorded on the company's balance sheet. Investors also form their own opinion of Masimo's value that differs from its market value or its book value, called intrinsic value, which is Masimo'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 Masimo's market value can be influenced by many factors that don't directly affect Masimo'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 Masimo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Masimo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Masimo'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.
Masimo '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 Masimo'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 Masimo.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Masimo on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Masimo or generate 0.0% return on investment in Masimo over 30 days. Masimo is related to or competes with Glaukos Corp, CONMED, LivaNova PLC, Tandem Diabetes, DexCom, Inspire Medical, and Penumbra. Masimo Corporation develops, manufactures, and markets noninvasive monitoring technologies and hospital automation solut... More
Masimo 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 Masimo'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 Masimo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.55 | |||
| Information Ratio | 0.2028 | |||
| Maximum Drawdown | 14.35 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 4.84 |
Masimo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Masimo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Masimo's standard deviation. In reality, there are many statistical measures that can use Masimo historical prices to predict the future Masimo's volatility.| Risk Adjusted Performance | 0.2055 | |||
| Jensen Alpha | 0.4294 | |||
| Total Risk Alpha | 0.214 | |||
| Sortino Ratio | 0.3145 | |||
| Treynor Ratio | 0.4211 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Masimo'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.
Masimo Backtested Returns
Masimo appears to be very steady, given 3 months investment horizon. Masimo has Sharpe Ratio of 0.28, which conveys that the firm had a 0.28% return per unit of risk over the last 3 months. By analyzing Masimo's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please exercise Masimo's Mean Deviation of 1.62, risk adjusted performance of 0.2055, and Downside Deviation of 1.55 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Masimo holds a performance score of 22. The company secures a Beta (Market Risk) of 1.46, 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, Masimo will likely underperform. Please check Masimo's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Masimo's current price movements will revert.
Auto-correlation | 0.83 |
Very good predictability
Masimo has very good predictability. Overlapping area represents the amount of predictability between Masimo time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Masimo price movement. The serial correlation of 0.83 indicates that around 83.0% of current Masimo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 23.87 |
Masimo lagged returns against current returns
Autocorrelation, which is Masimo 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 Masimo's stock expected returns. We can calculate the autocorrelation of Masimo returns to help us make a trade decision. For example, suppose you find that Masimo 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 |
Masimo 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 Masimo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Masimo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Masimo stock over time.
Current vs Lagged Prices |
| Timeline |
Masimo Lagged Returns
When evaluating Masimo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Masimo stock have on its future price. Masimo 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, Masimo autocorrelation shows the relationship between Masimo stock current value and its past values and can show if there is a momentum factor associated with investing in Masimo.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Masimo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Masimo'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 Masimo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Masimo Stock:Check out Masimo Correlation, Masimo Volatility and Masimo Alpha and Beta module to complement your research on Masimo. For more detail on how to invest in Masimo Stock please use our How to Invest in Masimo guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Masimo 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.