Meritage Stock Alpha and Beta Analysis
| MTH Stock | USD 184.44 6.76 3.80% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Meritage. It also helps investors analyze the systematic and unsystematic risks associated with investing in Meritage over a specified time horizon. Remember, high Meritage'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 Meritage's market risk premium analysis include:
Beta 0.96 | Alpha (0.16) | Risk 2.02 | Sharpe Ratio (0.05) | Expected Return (0.09) |
Meritage Quarterly Cash And Equivalents |
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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.
Meritage |
Meritage Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Meritage market risk premium is the additional return an investor will receive from holding Meritage 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 Meritage. 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 Meritage's performance over market.| α | -0.16 | β | 0.96 |
Meritage 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 Meritage's Buy-and-hold return. Our buy-and-hold chart shows how Meritage performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Meritage Market Price Analysis
Market price analysis indicators help investors to evaluate how Meritage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meritage shares will generate the highest return on investment. By understating and applying Meritage stock market price indicators, traders can identify Meritage position entry and exit signals to maximize returns.
Meritage Return and Market Media
The median price of Meritage for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 193.64 with a coefficient of variation of 4.8. The daily time series for the period is distributed with a sample standard deviation of 9.26, arithmetic mean of 192.82, and mean deviation of 7.94. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Lennar Q3 Earnings Revenues Beat, Stock Down on Tepid Q4 View | 09/20/2024 |
| Meritage dividend paid on 30th of September 2024 | 09/30/2024 |
2 | NVR Gains 35 percent YTD Will Rate Cut Push the Stock to New Highs | 10/07/2024 |
3 | Insider Trading | 10/14/2024 |
4 | Meritage earnings beat by 0.37, revenue topped estimates | 10/29/2024 |
5 | Q3 2024 Meritage Homes Corp Earnings Call Transcript | 10/31/2024 |
6 | Is Meritage Homes Using Too Much Debt | 11/04/2024 |
7 | Meritage Homes Strong Profits May Be Masking Some Underlying Issues | 11/07/2024 |
8 | Earnings call Western Midstream Partners reports Q3 performance | 11/08/2024 |
9 | Meritage Portfolio Management Has 3.92 Million Stock Holdings in Corning Incorporated | 11/11/2024 |
10 | After Shocking Himself While Swapping His Light Switches, He Found a Solution. Now His Products Help Homes Sell Faster. | 11/12/2024 |
11 | Should iShares Russell 2000 Value ETF Be on Your Investing Radar | 11/14/2024 |
12 | Acquisition by Lantz Erin N of 375 shares of Meritage subject to Rule 16b-3 | 11/21/2024 |
13 | Big-name homebuilder buys up land in one of North Carolinas fastest-growing counties | 11/22/2024 |
About Meritage 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 Meritage or other stocks. Alpha measures the amount that position in Meritage 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.007127 | 0.006771 | Price To Sales Ratio | 1.04 | 0.99 |
Meritage Upcoming Company Events
As portrayed in its financial statements, the presentation of Meritage's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Meritage's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Meritage's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Meritage. Please utilize our Beneish M Score to check the likelihood of Meritage'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 |
Build Portfolio with Meritage
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
Align your risk with return expectations
Check out Meritage Backtesting, Meritage Valuation, Meritage Correlation, Meritage Hype Analysis, Meritage Volatility, Meritage History and analyze Meritage Performance. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Meritage 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.