Mastec Inc Stock Market Value
| MTZ Stock | USD 120.49 3.96 3.40% |
| Symbol | MasTec |
MasTec Inc Price To Book Ratio
Is Construction & Engineering 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 MasTec. If investors know MasTec 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 MasTec 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 104.135 | Earnings Share 2.06 | Revenue Per Share | Quarterly Revenue Growth 0.038 | Return On Assets |
The market value of MasTec Inc is measured differently than its book value, which is the value of MasTec that is recorded on the company's balance sheet. Investors also form their own opinion of MasTec's value that differs from its market value or its book value, called intrinsic value, which is MasTec'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 MasTec's market value can be influenced by many factors that don't directly affect MasTec'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 MasTec's value and its price as these two are different measures arrived at by different means. Investors typically determine if MasTec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MasTec'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.
MasTec '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 MasTec'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 MasTec.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in MasTec on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding MasTec Inc or generate 0.0% return on investment in MasTec over 90 days. MasTec is related to or competes with EMCOR, Comfort Systems, Primoris Services, Granite Construction, Construction Partners, Jacobs Solutions, and Dycom Industries. MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upg... More
MasTec 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 MasTec'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 MasTec Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 22.88 | |||
| Value At Risk | (5.72) | |||
| Potential Upside | 4.79 |
MasTec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MasTec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MasTec's standard deviation. In reality, there are many statistical measures that can use MasTec historical prices to predict the future MasTec's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.362 | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MasTec'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.
MasTec Inc Backtested Returns
MasTec Inc has Sharpe Ratio of -0.049, which conveys that the firm had a -0.049 % return per unit of risk over the last 3 months. MasTec exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MasTec's Risk Adjusted Performance of (0.05), standard deviation of 3.55, and Mean Deviation of 2.34 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.09, which conveys a somewhat significant risk relative to the market. MasTec returns are very sensitive to returns on the market. As the market goes up or down, MasTec is expected to follow. At this point, MasTec Inc has a negative expected return of -0.18%. Please make sure to verify MasTec's skewness, as well as the relationship between the daily balance of power and day typical price , to decide if MasTec Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
MasTec Inc has poor reverse predictability. Overlapping area represents the amount of predictability between MasTec time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MasTec Inc price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current MasTec price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 96.67 |
MasTec Inc lagged returns against current returns
Autocorrelation, which is MasTec 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 MasTec's stock expected returns. We can calculate the autocorrelation of MasTec returns to help us make a trade decision. For example, suppose you find that MasTec 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 |
MasTec 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 MasTec stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MasTec stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MasTec stock over time.
Current vs Lagged Prices |
| Timeline |
MasTec Lagged Returns
When evaluating MasTec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MasTec stock have on its future price. MasTec 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, MasTec autocorrelation shows the relationship between MasTec stock current value and its past values and can show if there is a momentum factor associated with investing in MasTec Inc.
Regressed Prices |
| Timeline |
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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.Additional Tools for MasTec Stock Analysis
When running MasTec's price analysis, check to measure MasTec's 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 MasTec is operating at the current time. Most of MasTec's value examination focuses on studying past and present price action to predict the probability of MasTec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MasTec's price. Additionally, you may evaluate how the addition of MasTec to your portfolios can decrease your overall portfolio volatility.