Methanex Stock Alpha and Beta Analysis
| MEOH Stock | USD 46.52 0.23 0.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Methanex. It also helps investors analyze the systematic and unsystematic risks associated with investing in Methanex over a specified time horizon. Remember, high Methanex's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Methanex's market risk premium analysis include:
Beta 0.42 | Alpha (0.02) | Risk 2.34 | Sharpe Ratio 0.0125 | Expected Return 0.0293 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Methanex |
Methanex Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Methanex market risk premium is the additional return an investor will receive from holding Methanex long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Methanex. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Methanex's performance over market.| α | -0.02 | β | 0.42 |
Methanex expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Methanex's Buy-and-hold return. Our buy-and-hold chart shows how Methanex performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Methanex Market Price Analysis
Market price analysis indicators help investors to evaluate how Methanex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Methanex shares will generate the highest return on investment. By understating and applying Methanex stock market price indicators, traders can identify Methanex position entry and exit signals to maximize returns.
Methanex Return and Market Media
The median price of Methanex for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 41.82 with a coefficient of variation of 6.23. The daily time series for the period is distributed with a sample standard deviation of 2.61, arithmetic mean of 41.83, and mean deviation of 2.14. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | OCI Global Announces Repurchase of OCI Methanol Minorities | 09/10/2024 |
| Methanex dividend paid on 30th of September 2024 | 09/30/2024 |
2 | Why Methanex Could Beat Earnings Estimates Again | 10/25/2024 |
3 | Heres What Key Metrics Tell Us About Methanex Q3 Earnings | 11/07/2024 |
4 | Methanex Corporation Q3 2024 Earnings Call Transcript | 11/08/2024 |
5 | Heres Why Methanex is a Strong Momentum Stock | 11/12/2024 |
6 | Following a 2.0 percent decline over last year, recent gains may please Methanex Corporation institutional owners | 11/13/2024 |
7 | Methanexs subsidiary announces 500M debt offering via issuance of senior unsecured notes | 11/19/2024 |
8 | Wall Street Analysts Predict a 25.66 percent Upside in Methanex Heres What You Should Know | 11/21/2024 |
9 | Equities Analysts Offer Predictions for Methanex Q4 Earnings | 11/27/2024 |
About Methanex Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Methanex or other stocks. Alpha measures the amount that position in Methanex has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.008119 | 0.0156 | 0.0154 | 0.0255 | Price To Sales Ratio | 0.68 | 0.63 | 0.86 | 1.43 |
Methanex Upcoming Company Events
As portrayed in its financial statements, the presentation of Methanex's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Methanex's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Methanex's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Methanex. Please utilize our Beneish M Score to check the likelihood of Methanex's management manipulating its earnings.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out Methanex Backtesting, Methanex Valuation, Methanex Correlation, Methanex Hype Analysis, Methanex Volatility, Methanex History and analyze Methanex Performance. For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Methanex 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.