Msc Industrial Direct Stock Market Value
| MSM Stock | USD 87.02 1.61 1.89% |
| Symbol | MSC |
MSC Industrial Direct Price To Book Ratio
Is Trading Companies & Distributors 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 MSC Industrial. If investors know MSC 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 MSC Industrial 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 (0.36) | Dividend Share 3.34 | Earnings Share 4.58 | Revenue Per Share 67.92 | Quarterly Revenue Growth (0.08) |
The market value of MSC Industrial Direct is measured differently than its book value, which is the value of MSC that is recorded on the company's balance sheet. Investors also form their own opinion of MSC Industrial's value that differs from its market value or its book value, called intrinsic value, which is MSC Industrial'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 MSC Industrial's market value can be influenced by many factors that don't directly affect MSC Industrial'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 MSC Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MSC Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MSC Industrial'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.
MSC Industrial '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 MSC Industrial'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 MSC Industrial.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in MSC Industrial on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding MSC Industrial Direct or generate 0.0% return on investment in MSC Industrial over 720 days. MSC Industrial is related to or competes with DXP Enterprises, Core Main, WW Grainger, SiteOne Landscape, Applied Industrial, Ferguson Plc, and Global Industrial. MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and o... More
MSC Industrial 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 MSC Industrial'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 MSC Industrial Direct upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.99 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 3.08 |
MSC Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MSC Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MSC Industrial's standard deviation. In reality, there are many statistical measures that can use MSC Industrial historical prices to predict the future MSC Industrial's volatility.| Risk Adjusted Performance | 0.0481 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0511 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MSC Industrial'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.
MSC Industrial Direct Backtested Returns
As of now, MSC Stock is very steady. MSC Industrial Direct retains Efficiency (Sharpe Ratio) of 0.0685, which conveys that the firm had a 0.0685% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MSC Industrial, which you can use to evaluate the volatility of the firm. Please verify MSC Industrial's Mean Deviation of 1.53, market risk adjusted performance of 0.0611, and Semi Deviation of 1.69 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. MSC Industrial has a performance score of 5 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 1.99, 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, MSC Industrial will likely underperform. MSC Industrial Direct currently owns a risk of 2.08%. Please verify MSC Industrial Direct value at risk, and the relationship between the jensen alpha and skewness , to decide if MSC Industrial Direct will be following its current price history.
Auto-correlation | -0.84 |
Excellent reverse predictability
MSC Industrial Direct has excellent reverse predictability. Overlapping area represents the amount of predictability between MSC Industrial time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 MSC Industrial Direct price movement. The serial correlation of -0.84 indicates that around 84.0% of current MSC Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 48.56 |
MSC Industrial Direct lagged returns against current returns
Autocorrelation, which is MSC Industrial 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 MSC Industrial's stock expected returns. We can calculate the autocorrelation of MSC Industrial returns to help us make a trade decision. For example, suppose you find that MSC Industrial 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 |
MSC Industrial 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 MSC Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MSC Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MSC Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
MSC Industrial Lagged Returns
When evaluating MSC Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MSC Industrial stock have on its future price. MSC Industrial 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, MSC Industrial autocorrelation shows the relationship between MSC Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in MSC Industrial Direct.
Regressed Prices |
| Timeline |
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MSC Industrial 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.