Marine Products Stock Price on March 20, 2024

MPX Stock  USD 9.07  0.24  2.58%   
If you're considering investing in Marine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Marine Products stands at 9.07, as last reported on the 30th of December, with the highest price reaching 9.39 and the lowest price hitting 8.96 during the day. Marine Products has Sharpe Ratio of -0.0194, which conveys that the firm had a -0.0194% return per unit of risk over the last 3 months. Marine Products exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marine Products' Standard Deviation of 1.68, mean deviation of 1.24, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
  
Marine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0194

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Estimated Market Risk

 1.68
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Marine Products is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Marine Products by adding Marine Products to a well-diversified portfolio.

Marine Products Valuation on March 20, 2024

It is possible to determine the worth of Marine Products on a given historical date. On March 20, 2024 Marine was worth 9.49 at the beginning of the trading date compared to the closed value of 9.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marine Products stock. Still, in general, we apply an absolute valuation method to find Marine Products' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Marine Products where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marine Products' related companies.
 Open High Low Close Volume
  9.50    9.53    9.35    9.41    26,540  
03/20/2024
  9.49    9.77    9.42    9.64    50,449  
  9.68    9.84    9.67    9.73    39,605  
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Open Value
9.49
9.64
Closing Value
14.54
Upside

Marine Products Trading Date Momentum on March 20, 2024

On March 21 2024 Marine Products was traded for  9.73  at the closing time. Highest Marine Products's price during the trading hours was 9.84  and the lowest price during the day was  9.67 . The net volume was 39.6 K. The overall trading history on the 21st of March contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 0.93% . The trading delta at closing time to current price is 11.41% .

Marine Products Fundamentals Correlations and Trends

By evaluating Marine Products' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Marine Products' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marine financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Marine Products Stock history

Marine Products investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Marine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marine Products will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Marine Products stock prices may prove useful in developing a viable investing in Marine Products
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia. Marine Products operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. It employs 880 people.

Marine Products Stock Technical Analysis

Marine Products 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.
A focus of Marine Products technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Marine Products trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Marine Products Period Price Range

Low
December 30, 2024
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High

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Marine Products cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Marine Products December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Marine Products stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marine Products shares will generate the highest return on investment. By undertsting and applying Marine Products stock market strength indicators, traders can identify Marine Products entry and exit signals to maximize returns

Marine Products Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Marine Products' price direction in advance. Along with the technical and fundamental analysis of Marine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marine to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Marine Stock Analysis

When running Marine Products' price analysis, check to measure Marine Products' 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 Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.