Mercury General Stock Price on October 23, 2024

MCY Stock  USD 78.96  0.11  0.14%   
Below is the normalized historical share price chart for Mercury General extending back to November 20, 1985. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mercury General stands at 78.96, as last reported on the 1st of December, with the highest price reaching 80.72 and the lowest price hitting 78.79 during the day.
IPO Date
26th of March 1990
200 Day MA
58.3871
50 Day MA
68.7918
Beta
0.831
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mercury Stock, it is important to understand the factors that can impact its price. Mercury General appears to be very steady, given 3 months investment horizon. Mercury General has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mercury General, which you can use to evaluate the volatility of the firm. Please exercise Mercury General's Downside Deviation of 2.19, risk adjusted performance of 0.126, and Mean Deviation of 1.47 to check out if our risk estimates are consistent with your expectations.
  
Liabilities And Stockholders Equity is likely to rise to about 7.5 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.3 B in 2024. . At this time, Mercury General's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 1.93 in 2024, whereas Price To Sales Ratio is likely to drop 0.42 in 2024. Mercury Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1724

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Estimated Market Risk

 2.08
  actual daily
18
82% of assets are more volatile

Expected Return

 0.36
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Mercury General is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mercury General by adding it to a well-diversified portfolio.
Price Book
2.3477
Price Sales
0.7971
Shares Float
26.6 M
Dividend Share
1.27
Wall Street Target Price
80

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Mercury General Valuation on October 23, 2024

It is possible to determine the worth of Mercury General on a given historical date. On October 23, 2024 Mercury was worth 65.7 at the beginning of the trading date compared to the closed value of 66.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mercury General stock. Still, in general, we apply an absolute valuation method to find Mercury General's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mercury General where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mercury General's related companies.
 Open High Low Close Volume
  66.00    66.22    65.17    65.93    125,161  
10/23/2024
  65.70    66.57    65.36    66.21    179,797  
  66.64    68.26    66.32    68.01    259,441  
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Open Value
65.7
66.21
Closing Value
71.94
Upside

Mercury General Trading Date Momentum on October 23, 2024

On October 24 2024 Mercury General was traded for  68.01  at the closing time. Highest Mercury General's price during the trading hours was 68.26  and the lowest price during the day was  66.32 . The net volume was 259.4 K. The overall trading history on the 24th of October contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 2.72% . The trading delta at closing time to current price is 0.39% .

Mercury General Fundamentals Correlations and Trends

By evaluating Mercury General's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mercury General's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mercury financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mercury General Stock history

Mercury General investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mercury is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mercury General will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mercury General stock prices may prove useful in developing a viable investing in Mercury General
Last ReportedProjected for Next Year
Common Stock Shares Outstanding63.7 M59.7 M
Net Loss-461.4 M-438.3 M

Mercury General Stock Technical Analysis

Mercury General 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.
A focus of Mercury General technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mercury General trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mercury General Period Price Range

Low
December 1, 2024
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High

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Mercury General December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Mercury General stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mercury General shares will generate the highest return on investment. By undertsting and applying Mercury General stock market strength indicators, traders can identify Mercury General entry and exit signals to maximize returns

Mercury General Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mercury General's price direction in advance. Along with the technical and fundamental analysis of Mercury Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mercury to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Mercury Stock Analysis

When running Mercury General's price analysis, check to measure Mercury General'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 Mercury General is operating at the current time. Most of Mercury General's value examination focuses on studying past and present price action to predict the probability of Mercury General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury General's price. Additionally, you may evaluate how the addition of Mercury General to your portfolios can decrease your overall portfolio volatility.