Middleby Corp Stock Market Value
| MIDD Stock | USD 146.97 4.81 3.38% |
| Symbol | Middleby |
Middleby Corp Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Middleby Corp. If investors know Middleby 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 Middleby Corp 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 0.05 | Earnings Share 7.26 | Revenue Per Share 72.067 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0623 |
The market value of Middleby Corp is measured differently than its book value, which is the value of Middleby that is recorded on the company's balance sheet. Investors also form their own opinion of Middleby Corp's value that differs from its market value or its book value, called intrinsic value, which is Middleby Corp'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 Middleby Corp's market value can be influenced by many factors that don't directly affect Middleby Corp'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 Middleby Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Middleby Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Middleby Corp'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.
Middleby Corp '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 Middleby Corp'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 Middleby Corp.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Middleby Corp on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Middleby Corp or generate 0.0% return on investment in Middleby Corp over 30 days. Middleby Corp is related to or competes with Morningstar Unconstrained, High-yield Municipal, Thrivent High, Via Renewables, T Rowe, Jpmorgan Smartretirement*, and 70082LAB3. The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processi... More
Middleby Corp 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 Middleby Corp'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 Middleby Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.33 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 3.21 |
Middleby Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Middleby Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Middleby Corp's standard deviation. In reality, there are many statistical measures that can use Middleby Corp historical prices to predict the future Middleby Corp's volatility.| Risk Adjusted Performance | 0.0245 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0249 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Middleby Corp'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.
Middleby Corp Backtested Returns
At this point, Middleby Corp is very steady. Middleby Corp has Sharpe Ratio of 0.0449, which conveys that the firm had a 0.0449% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Middleby Corp, which you can use to evaluate the volatility of the firm. Please verify Middleby Corp's Downside Deviation of 1.92, risk adjusted performance of 0.0245, and Mean Deviation of 1.36 to check out if the risk estimate we provide is consistent with the expected return of 0.0876%. Middleby Corp has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.44, 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, Middleby Corp will likely underperform. Middleby Corp right now secures a risk of 1.95%. Please verify Middleby Corp maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Middleby Corp will be following its current price movements.
Auto-correlation | 0.38 |
Below average predictability
Middleby Corp has below average predictability. Overlapping area represents the amount of predictability between Middleby Corp time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Middleby Corp price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Middleby Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 10.57 |
Middleby Corp lagged returns against current returns
Autocorrelation, which is Middleby Corp 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 Middleby Corp's stock expected returns. We can calculate the autocorrelation of Middleby Corp returns to help us make a trade decision. For example, suppose you find that Middleby Corp 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 |
Middleby Corp 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 Middleby Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Middleby Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Middleby Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Middleby Corp Lagged Returns
When evaluating Middleby Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Middleby Corp stock have on its future price. Middleby Corp 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, Middleby Corp autocorrelation shows the relationship between Middleby Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Middleby Corp.
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 Middleby Corp is a strong investment it is important to analyze Middleby Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Middleby Corp's future performance. For an informed investment choice regarding Middleby Stock, refer to the following important reports:Check out Middleby Corp Correlation, Middleby Corp Volatility and Middleby Corp Alpha and Beta module to complement your research on Middleby Corp. For information on how to trade Middleby Stock refer to our How to Trade Middleby Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Middleby Corp 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.