Mueller Water Products Stock Market Value
| MWA Stock | USD 24.97 0.15 0.60% |
| Symbol | Mueller |
Is Construction Materials 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 Mueller Water. If investors know Mueller 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 Mueller Water listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Mueller Water Products is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Water's value that differs from its market value or its book value, called intrinsic value, which is Mueller Water'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 Mueller Water's market value can be influenced by many factors that don't directly affect Mueller Water'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 Mueller Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Water'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.
Mueller Water '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 Mueller Water'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 Mueller Water.
| 08/24/2024 |
| 11/22/2024 |
If you would invest 0.00 in Mueller Water on August 24, 2024 and sell it all today you would earn a total of 0.00 from holding Mueller Water Products or generate 0.0% return on investment in Mueller Water over 90 days. Mueller Water is related to or competes with Enerpac Tool, Luxfer Holdings, John Bean, CSW Industrials, ITT, Hurco Companies, and China Yuchai. Mueller Water Products Inc. manufactures and markets products and services used in the transmission, distribution, and m... More
Mueller Water 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 Mueller Water'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 Mueller Water Products upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.6 | |||
| Information Ratio | 0.1028 | |||
| Maximum Drawdown | 10.1 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 3.32 |
Mueller Water Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mueller Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mueller Water's standard deviation. In reality, there are many statistical measures that can use Mueller Water historical prices to predict the future Mueller Water's volatility.| Risk Adjusted Performance | 0.1292 | |||
| Jensen Alpha | 0.265 | |||
| Total Risk Alpha | 0.0481 | |||
| Sortino Ratio | 0.1191 | |||
| Treynor Ratio | 1.14 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mueller Water'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.
Mueller Water Products Backtested Returns
Mueller Water appears to be very steady, given 3 months investment horizon. Mueller Water Products has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mueller Water, which you can use to evaluate the volatility of the firm. Please exercise Mueller Water's Risk Adjusted Performance of 0.1292, downside deviation of 1.6, and Mean Deviation of 1.31 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mueller Water holds a performance score of 12. The company secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mueller Water's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mueller Water is expected to be smaller as well. Please check Mueller Water's semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Mueller Water's current price movements will revert.
Auto-correlation | 0.62 |
Good predictability
Mueller Water Products has good predictability. Overlapping area represents the amount of predictability between Mueller Water time series from 24th of August 2024 to 8th of October 2024 and 8th of October 2024 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 Mueller Water Products price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Mueller Water price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1.69 |
Mueller Water Products lagged returns against current returns
Autocorrelation, which is Mueller Water 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 Mueller Water's stock expected returns. We can calculate the autocorrelation of Mueller Water returns to help us make a trade decision. For example, suppose you find that Mueller Water 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 |
Mueller Water 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 Mueller Water stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mueller Water stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mueller Water stock over time.
Current vs Lagged Prices |
| Timeline |
Mueller Water Lagged Returns
When evaluating Mueller Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mueller Water stock have on its future price. Mueller Water 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, Mueller Water autocorrelation shows the relationship between Mueller Water stock current value and its past values and can show if there is a momentum factor associated with investing in Mueller Water Products.
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 Mueller Water Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Water's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mueller Water Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Water Products Stock:Check out Mueller Water Correlation, Mueller Water Volatility and Mueller Water Alpha and Beta module to complement your research on Mueller Water. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Mueller Water 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.