Matthews International Stock Market Value
| MATW Stock | USD 30.84 5.35 20.99% |
| Symbol | Matthews |
Matthews International Price To Book Ratio
Is Commercial Services & 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 Matthews International. If investors know Matthews 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 Matthews International 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 (0.80) | Dividend Share 0.96 | Earnings Share 0.84 | Revenue Per Share 59.185 | Quarterly Revenue Growth (0.09) |
The market value of Matthews International is measured differently than its book value, which is the value of Matthews that is recorded on the company's balance sheet. Investors also form their own opinion of Matthews International's value that differs from its market value or its book value, called intrinsic value, which is Matthews International'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 Matthews International's market value can be influenced by many factors that don't directly affect Matthews International'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 Matthews International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews International'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.
Matthews International '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 Matthews International'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 Matthews International.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Matthews International on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Matthews International or generate 0.0% return on investment in Matthews International over 720 days. Matthews International is related to or competes with Steel Partners, Compass Diversified, Brookfield Business, Tejon Ranch, Steel Partners, Valmont Industries, and Griffon. Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies world... More
Matthews International 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 Matthews International'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 Matthews International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 8.96 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 2.86 |
Matthews International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Matthews International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Matthews International's standard deviation. In reality, there are many statistical measures that can use Matthews International historical prices to predict the future Matthews International's volatility.| Risk Adjusted Performance | 0.0189 | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0149 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Matthews International'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.
Matthews International Backtested Returns
At this stage we consider Matthews Stock to be very steady. Matthews International has Sharpe Ratio of 0.0036, which conveys that the firm had a 0.0036% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Matthews International, which you can use to evaluate the volatility of the firm. Please verify Matthews International's Downside Deviation of 1.9, risk adjusted performance of 0.0189, and Mean Deviation of 1.46 to check out if the risk estimate we provide is consistent with the expected return of 0.0072%. The company secures a Beta (Market Risk) of 1.57, 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, Matthews International will likely underperform. Matthews International right now secures a risk of 2.02%. Please verify Matthews International total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power , to decide if Matthews International will be following its current price movements.
Auto-correlation | -0.5 |
Modest reverse predictability
Matthews International has modest reverse predictability. Overlapping area represents the amount of predictability between Matthews International time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Matthews International price movement. The serial correlation of -0.5 indicates that about 50.0% of current Matthews International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 14.77 |
Matthews International lagged returns against current returns
Autocorrelation, which is Matthews International 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 Matthews International's stock expected returns. We can calculate the autocorrelation of Matthews International returns to help us make a trade decision. For example, suppose you find that Matthews International 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 |
Matthews International 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 Matthews International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matthews International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Matthews International stock over time.
Current vs Lagged Prices |
| Timeline |
Matthews International Lagged Returns
When evaluating Matthews International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Matthews International stock have on its future price. Matthews International 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, Matthews International autocorrelation shows the relationship between Matthews International stock current value and its past values and can show if there is a momentum factor associated with investing in Matthews International.
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 Matthews Stock Analysis
When running Matthews International's price analysis, check to measure Matthews International'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 Matthews International is operating at the current time. Most of Matthews International's value examination focuses on studying past and present price action to predict the probability of Matthews International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matthews International's price. Additionally, you may evaluate how the addition of Matthews International to your portfolios can decrease your overall portfolio volatility.