Matson Inc Stock Market Value
| MATX Stock | USD 156.12 2.94 1.92% |
| Symbol | Matson |
Matson Inc Price To Book Ratio
Is Marine Transportation 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 Matson. If investors know Matson 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 Matson 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 0.732 | Dividend Share 1.3 | Earnings Share 11.89 | Revenue Per Share 97.587 | Quarterly Revenue Growth 0.163 |
The market value of Matson Inc is measured differently than its book value, which is the value of Matson that is recorded on the company's balance sheet. Investors also form their own opinion of Matson's value that differs from its market value or its book value, called intrinsic value, which is Matson'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 Matson's market value can be influenced by many factors that don't directly affect Matson'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 Matson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matson'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.
Matson '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 Matson'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 Matson.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Matson on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Matson Inc or generate 0.0% return on investment in Matson over 720 days. Matson is related to or competes with Himalaya Shipping, Cool, Costamare, Global Ship, Navios Maritime, Genco Shipping, and Danaos. Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services More
Matson 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 Matson'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 Matson Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.0249 | |||
| Maximum Drawdown | 19.89 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 2.96 |
Matson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Matson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Matson's standard deviation. In reality, there are many statistical measures that can use Matson historical prices to predict the future Matson's volatility.| Risk Adjusted Performance | 0.0661 | |||
| Jensen Alpha | 0.0717 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0398 | |||
| Treynor Ratio | 0.203 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matson'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.
Matson Inc Backtested Returns
Matson appears to be very steady, given 3 months investment horizon. Matson Inc has Sharpe Ratio of 0.0896, which conveys that the firm had a 0.0896% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Matson, which you can use to evaluate the volatility of the firm. Please exercise Matson's Downside Deviation of 1.65, risk adjusted performance of 0.0661, and Mean Deviation of 1.62 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Matson holds a performance score of 7. The company secures a Beta (Market Risk) of 0.95, which conveys possible diversification benefits within a given portfolio. Matson returns are very sensitive to returns on the market. As the market goes up or down, Matson is expected to follow. Please check Matson's total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power , to make a quick decision on whether Matson's current price movements will revert.
Auto-correlation | 0.89 |
Very good predictability
Matson Inc has very good predictability. Overlapping area represents the amount of predictability between Matson time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Matson Inc price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Matson price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 236.6 |
Matson Inc lagged returns against current returns
Autocorrelation, which is Matson 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 Matson's stock expected returns. We can calculate the autocorrelation of Matson returns to help us make a trade decision. For example, suppose you find that Matson 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 |
Matson 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 Matson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Matson stock over time.
Current vs Lagged Prices |
| Timeline |
Matson Lagged Returns
When evaluating Matson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Matson stock have on its future price. Matson 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, Matson autocorrelation shows the relationship between Matson stock current value and its past values and can show if there is a momentum factor associated with investing in Matson Inc.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Matson Stock Analysis
When running Matson's price analysis, check to measure Matson'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 Matson is operating at the current time. Most of Matson's value examination focuses on studying past and present price action to predict the probability of Matson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matson's price. Additionally, you may evaluate how the addition of Matson to your portfolios can decrease your overall portfolio volatility.