Megan Graham Number from 2010 to 2026
| MGN Stock | 1.86 0.02 1.06% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 3.38 | Current Value 2.86 | Quarterly Volatility 0.49428013 |
Check Megan Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Megan Holdings' main balance sheet or income statement drivers, such as Tax Provision of 3.3 M, Interest Income of 22.2 K or Depreciation And Amortization of 24.6 K, as well as many indicators such as Price To Sales Ratio of 6.4, Dividend Yield of 0.0 or PTB Ratio of 18.5. Megan financial statements analysis is a perfect complement when working with Megan Holdings Valuation or Volatility modules.
Megan | Graham Number | Build AI portfolio with Megan Stock |
Latest Megan Holdings' Graham Number Growth Pattern
Below is the plot of the Graham Number of Megan Holdings Limited over the last few years. It is Megan Holdings' Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Megan Holdings' overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
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Graham Number |
| Timeline |
Megan Graham Number Regression Statistics
| Arithmetic Mean | 2.93 | |
| Geometric Mean | 2.90 | |
| Coefficient Of Variation | 16.84 | |
| Mean Deviation | 0.38 | |
| Median | 2.67 | |
| Standard Deviation | 0.49 | |
| Sample Variance | 0.24 | |
| Range | 1.5877 | |
| R-Value | 0.62 | |
| Mean Square Error | 0.16 | |
| R-Squared | 0.38 | |
| Significance | 0.01 | |
| Slope | 0.06 | |
| Total Sum of Squares | 3.91 |
Megan Graham Number History
About Megan Holdings Financial Statements
Megan Holdings investors utilize fundamental indicators, such as Graham Number, to predict how Megan Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Graham Number | 3.38 | 2.86 |
Pair Trading with Megan Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Megan Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Megan Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Megan Stock
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The ability to find closely correlated positions to Megan Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Megan Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Megan Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Megan Holdings Limited to buy it.
The correlation of Megan Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Megan Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Megan Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Megan Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Megan Holdings Correlation against competitors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Will Engineering & Construction sector continue expanding? Could Megan diversify its offerings? Factors like these will boost the valuation of Megan Holdings. Expected growth trajectory for Megan significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Megan Holdings data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate Megan Holdings using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Megan Holdings' intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Megan Holdings' market price to deviate significantly from intrinsic value.
Understanding that Megan Holdings' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Megan Holdings represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Megan Holdings' market price signifies the transaction level at which participants voluntarily complete trades.