Motorcar Parts Of Stock Market Value
| MPAA Stock | USD 7.85 0.06 0.76% |
| Symbol | Motorcar |
Motorcar Parts Price To Book Ratio
Is Automotive Parts & Equipment 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 Motorcar Parts. If investors know Motorcar 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 Motorcar Parts 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 (0.14) | Earnings Share (3.41) | Revenue Per Share 37.055 | Quarterly Revenue Growth 0.064 | Return On Assets 0.025 |
The market value of Motorcar Parts is measured differently than its book value, which is the value of Motorcar that is recorded on the company's balance sheet. Investors also form their own opinion of Motorcar Parts' value that differs from its market value or its book value, called intrinsic value, which is Motorcar Parts' 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 Motorcar Parts' market value can be influenced by many factors that don't directly affect Motorcar Parts' 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 Motorcar Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Motorcar Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Motorcar Parts' 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.
Motorcar Parts '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 Motorcar Parts' 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 Motorcar Parts.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Motorcar Parts on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Motorcar Parts of or generate 0.0% return on investment in Motorcar Parts over 720 days. Motorcar Parts is related to or competes with Monro Muffler, Standard, Stoneridge, Douglas Dynamics, Dorman Products, Superior Industries, and Gentherm. Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and ... More
Motorcar Parts 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 Motorcar Parts' 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 Motorcar Parts of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.79 | |||
| Information Ratio | 0.1135 | |||
| Maximum Drawdown | 20.05 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 6.21 |
Motorcar Parts Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Motorcar Parts' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Motorcar Parts' standard deviation. In reality, there are many statistical measures that can use Motorcar Parts historical prices to predict the future Motorcar Parts' volatility.| Risk Adjusted Performance | 0.1081 | |||
| Jensen Alpha | 0.4562 | |||
| Total Risk Alpha | 0.2995 | |||
| Sortino Ratio | 0.1536 | |||
| Treynor Ratio | 2.16 |
Motorcar Parts Backtested Returns
Motorcar Parts appears to be somewhat reliable, given 3 months investment horizon. Motorcar Parts has Sharpe Ratio of 0.0884, which conveys that the firm had a 0.0884% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Motorcar Parts, which you can use to evaluate the volatility of the firm. Please exercise Motorcar Parts' Mean Deviation of 2.78, downside deviation of 2.79, and Risk Adjusted Performance of 0.1081 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Motorcar Parts holds a performance score of 6. The company secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Motorcar Parts' returns are expected to increase less than the market. However, during the bear market, the loss of holding Motorcar Parts is expected to be smaller as well. Please check Motorcar Parts' treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Motorcar Parts' current price movements will revert.
Auto-correlation | 0.82 |
Very good predictability
Motorcar Parts of has very good predictability. Overlapping area represents the amount of predictability between Motorcar Parts time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Motorcar Parts price movement. The serial correlation of 0.82 indicates that around 82.0% of current Motorcar Parts price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 2.07 |
Motorcar Parts lagged returns against current returns
Autocorrelation, which is Motorcar Parts 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 Motorcar Parts' stock expected returns. We can calculate the autocorrelation of Motorcar Parts returns to help us make a trade decision. For example, suppose you find that Motorcar Parts 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 |
Motorcar Parts 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 Motorcar Parts stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Motorcar Parts stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Motorcar Parts stock over time.
Current vs Lagged Prices |
| Timeline |
Motorcar Parts Lagged Returns
When evaluating Motorcar Parts' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Motorcar Parts stock have on its future price. Motorcar Parts 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, Motorcar Parts autocorrelation shows the relationship between Motorcar Parts stock current value and its past values and can show if there is a momentum factor associated with investing in Motorcar Parts of.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Motorcar Parts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Motorcar Parts' 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 Motorcar Parts Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Motorcar Parts Of Stock:Check out Motorcar Parts Correlation, Motorcar Parts Volatility and Motorcar Parts Alpha and Beta module to complement your research on Motorcar Parts. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Motorcar Parts 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.