Mdu Resources Group Stock Market Value
| MDU Stock | USD 20.13 0.19 0.95% |
| Symbol | MDU |
MDU Resources Group Price To Book Ratio
Is Multi-Utilities 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 MDU Resources. If investors know MDU 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 MDU 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 (0.13) | Dividend Share 0.505 | Earnings Share 1.94 | Revenue Per Share 21.821 | Quarterly Revenue Growth 0.05 |
The market value of MDU Resources Group is measured differently than its book value, which is the value of MDU that is recorded on the company's balance sheet. Investors also form their own opinion of MDU Resources' value that differs from its market value or its book value, called intrinsic value, which is MDU 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 MDU Resources' market value can be influenced by many factors that don't directly affect MDU 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 MDU Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if MDU Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MDU 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.
MDU 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 MDU 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 MDU Resources.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in MDU Resources on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding MDU Resources Group or generate 0.0% return on investment in MDU Resources over 510 days. MDU Resources is related to or competes with Griffon, Brookfield Business, Matthews International, Steel Partners, Valmont Industries, Compass Diversified, and Compass Diversified. MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses i... More
MDU 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 MDU 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 MDU Resources Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.2146 | |||
| Maximum Drawdown | 12.63 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 3.97 |
MDU Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MDU Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MDU Resources' standard deviation. In reality, there are many statistical measures that can use MDU Resources historical prices to predict the future MDU Resources' volatility.| Risk Adjusted Performance | 0.2158 | |||
| Jensen Alpha | 0.4403 | |||
| Total Risk Alpha | 0.2471 | |||
| Sortino Ratio | 0.2438 | |||
| Treynor Ratio | 0.4841 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MDU 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.
MDU Resources Group Backtested Returns
MDU Resources appears to be very steady, given 3 months investment horizon. MDU Resources Group has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of standard deviation over the last 3 months. By inspecting MDU Resources' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please exercise MDU Resources' Mean Deviation of 1.63, market risk adjusted performance of 0.4941, and Risk Adjusted Performance of 0.2158 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MDU Resources holds a performance score of 22. The company secures a Beta (Market Risk) of 1.2, 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, MDU Resources will likely underperform. Please check MDU Resources' downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether MDU Resources' current price movements will revert.
Auto-correlation | 0.44 |
Average predictability
MDU Resources Group has average predictability. Overlapping area represents the amount of predictability between MDU Resources time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 MDU Resources Group price movement. The serial correlation of 0.44 indicates that just about 44.0% of current MDU Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 2.46 |
MDU Resources Group lagged returns against current returns
Autocorrelation, which is MDU 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 MDU Resources' stock expected returns. We can calculate the autocorrelation of MDU Resources returns to help us make a trade decision. For example, suppose you find that MDU 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 |
MDU 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 MDU Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MDU Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MDU Resources stock over time.
Current vs Lagged Prices |
| Timeline |
MDU Resources Lagged Returns
When evaluating MDU Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MDU Resources stock have on its future price. MDU 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, MDU Resources autocorrelation shows the relationship between MDU Resources stock current value and its past values and can show if there is a momentum factor associated with investing in MDU Resources Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for MDU Stock Analysis
When running MDU Resources' price analysis, check to measure MDU 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 MDU Resources is operating at the current time. Most of MDU Resources' value examination focuses on studying past and present price action to predict the probability of MDU Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDU Resources' price. Additionally, you may evaluate how the addition of MDU Resources to your portfolios can decrease your overall portfolio volatility.