Mayville Engineering Co Stock Alpha and Beta Analysis
| MEC Stock | USD 16.56 0.24 1.47% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Mayville Engineering Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Mayville Engineering over a specified time horizon. Remember, high Mayville Engineering'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 Mayville Engineering's market risk premium analysis include:
Beta (0.57) | Alpha (0.14) | Risk 3.45 | Sharpe Ratio (0.06) | Expected Return (0.22) |
Mayville Engineering 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.
Mayville |
Mayville Engineering Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Mayville Engineering market risk premium is the additional return an investor will receive from holding Mayville Engineering 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 Mayville Engineering. 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 Mayville Engineering's performance over market.| α | -0.14 | β | -0.57 |
Mayville Engineering 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 Mayville Engineering's Buy-and-hold return. Our buy-and-hold chart shows how Mayville Engineering performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Mayville Engineering Market Price Analysis
Market price analysis indicators help investors to evaluate how Mayville Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mayville Engineering shares will generate the highest return on investment. By understating and applying Mayville Engineering stock market price indicators, traders can identify Mayville Engineering position entry and exit signals to maximize returns.
Mayville Engineering Return and Market Media
The median price of Mayville Engineering for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 19.76 with a coefficient of variation of 7.19. The daily time series for the period is distributed with a sample standard deviation of 1.4, arithmetic mean of 19.48, and mean deviation of 1.1. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Todd Butz of 40410 shares of Mayville Engineering at 16.22 subject to Rule 16b-3 | 09/06/2024 |
2 | Acquisition by Sean Leuba of 12331 shares of Mayville Engineering subject to Rule 16b-3 | 09/20/2024 |
3 | Mayville Engineering Q3 Earnings What To Expect | 11/04/2024 |
4 | Mayville Engineering Company Announces Third Quarter 2024 Results | 11/05/2024 |
5 | Mayville Engineering Co Inc Q3 2024 Earnings Call Highlights Navigating Challenges with ... | 11/07/2024 |
6 | Mayville Engineering Company, Inc. Q3 2024 Earnings Call Transcript | 11/08/2024 |
7 | Mayville Engineering Co Inc Shares Up 3.33 percent on Nov 13 | 11/13/2024 |
8 | Mayville Engineering Companys Strong Earnings Are Of Good Quality | 11/14/2024 |
9 | Headline - The MEC Foods hosts an exclusive, eggs tasting event in Singapore | 11/19/2024 |
About Mayville Engineering 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 Mayville or other stocks. Alpha measures the amount that position in Mayville Engineering 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) | Days Sales Outstanding | 44.47 | 39.25 | 35.63 | 31.44 | PTB Ratio | 1.53 | 1.19 | 1.28 | 2.01 |
Mayville Engineering Upcoming Company Events
As portrayed in its financial statements, the presentation of Mayville Engineering's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mayville Engineering's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Mayville Engineering's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Mayville Engineering. Please utilize our Beneish M Score to check the likelihood of Mayville Engineering's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 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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Check out Mayville Engineering Backtesting, Mayville Engineering Valuation, Mayville Engineering Correlation, Mayville Engineering Hype Analysis, Mayville Engineering Volatility, Mayville Engineering History and analyze Mayville Engineering Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Mayville Engineering 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.