Matador Resources Stock Market Value
| MTDR Stock | USD 59.56 0.71 1.21% |
| Symbol | Matador |
Matador Resources Price To Book Ratio
Is Oil & Gas Exploration & Production 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 Matador Resources. If investors know Matador 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 Matador Resources 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 (0.1) | Dividend Share 0.8 | Earnings Share 7.56 | Revenue Per Share 25.38 | Quarterly Revenue Growth 0.116 |
The market value of Matador Resources is measured differently than its book value, which is the value of Matador that is recorded on the company's balance sheet. Investors also form their own opinion of Matador Resources' value that differs from its market value or its book value, called intrinsic value, which is Matador Resources' 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 Matador Resources' market value can be influenced by many factors that don't directly affect Matador Resources' 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 Matador Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Matador Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matador Resources' 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.
Matador Resources '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 Matador Resources' 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 Matador Resources.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Matador Resources on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Matador Resources or generate 0.0% return on investment in Matador Resources over 180 days. Matador Resources is related to or competes with Murphy Oil, Civitas Resources, Permian Resources, Antero Resources, Magnolia Oil, Chord Energy, and EQT. Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acqui... More
Matador Resources 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 Matador Resources' 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 Matador Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.59 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.94 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.24 |
Matador Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Matador Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Matador Resources' standard deviation. In reality, there are many statistical measures that can use Matador Resources historical prices to predict the future Matador Resources' volatility.| Risk Adjusted Performance | 0.0377 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0859 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matador Resources' 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.
Matador Resources Backtested Returns
Currently, Matador Resources is very steady. Matador Resources has Sharpe Ratio of 0.0465, which conveys that the firm had a 0.0465% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Matador Resources, which you can use to evaluate the volatility of the firm. Please verify Matador Resources' Mean Deviation of 1.77, downside deviation of 2.59, and Risk Adjusted Performance of 0.0377 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. Matador Resources has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.0, which conveys a somewhat significant risk relative to the market. Matador Resources returns are very sensitive to returns on the market. As the market goes up or down, Matador Resources is expected to follow. Matador Resources right now secures a risk of 2.39%. Please verify Matador Resources potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Matador Resources will be following its current price movements.
Auto-correlation | -0.28 |
Weak reverse predictability
Matador Resources has weak reverse predictability. Overlapping area represents the amount of predictability between Matador Resources time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Matador Resources price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Matador Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 11.38 |
Matador Resources lagged returns against current returns
Autocorrelation, which is Matador Resources 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 Matador Resources' stock expected returns. We can calculate the autocorrelation of Matador Resources returns to help us make a trade decision. For example, suppose you find that Matador Resources 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 |
Matador Resources 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 Matador Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matador Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Matador Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Matador Resources Lagged Returns
When evaluating Matador Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Matador Resources stock have on its future price. Matador Resources 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, Matador Resources autocorrelation shows the relationship between Matador Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Matador Resources.
Regressed Prices |
| Timeline |
Pair Trading with Matador Resources
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 Matador Resources 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 Matador Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Matador Stock
| 0.74 | AR | Antero Resources Corp Potential Growth | PairCorr |
| 0.74 | EP | Empire Petroleum Corp | PairCorr |
| 0.93 | PR | Permian Resources | PairCorr |
| 0.83 | SM | SM Energy | PairCorr |
Moving against Matador Stock
The ability to find closely correlated positions to Matador Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Matador Resources 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 Matador Resources - 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 Matador Resources to buy it.
The correlation of Matador Resources 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 Matador Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Matador Resources 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 Matador Resources 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.Additional Tools for Matador Stock Analysis
When running Matador Resources' price analysis, check to measure Matador Resources' 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 Matador Resources is operating at the current time. Most of Matador Resources' value examination focuses on studying past and present price action to predict the probability of Matador Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matador Resources' price. Additionally, you may evaluate how the addition of Matador Resources to your portfolios can decrease your overall portfolio volatility.