Methode Electronics (Germany) Price on July 18, 2024
| ME5A Stock | EUR 11.90 1.10 8.46% |
If you're considering investing in Methode Stock, it is important to understand the factors that can impact its price. As of today, the current price of Methode Electronics stands at 11.90, as last reported on the 11th of December 2024, with the highest price reaching 11.90 and the lowest price hitting 11.90 during the day. Methode Electronics appears to be somewhat reliable, given 3 months investment horizon. Methode Electronics has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Methode Electronics' technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please exercise Methode Electronics' Mean Deviation of 3.09, risk adjusted performance of 0.1053, and Downside Deviation of 3.64 to check out if our risk estimates are consistent with your expectations.
Methode Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Methode |
Sharpe Ratio = 0.1284
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Estimated Market Risk
| 4.54 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Methode Electronics is performing at about 10% 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 Methode Electronics by adding it to a well-diversified portfolio.
Methode Electronics Valuation on July 18, 2024
It is possible to determine the worth of Methode Electronics on a given historical date. On July 18, 2024 Methode was worth 12.43 at the beginning of the trading date compared to the closed value of 12.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Methode Electronics stock. Still, in general, we apply an absolute valuation method to find Methode Electronics' 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 Methode Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Methode Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 12.43 | 12.43 | 12.43 | 12.43 | 80.00 | |
07/18/2024 | 12.43 | 12.43 | 12.43 | 12.43 | 1.00 |
| 12.23 | 12.23 | 12.23 | 12.23 | 1.00 |
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Methode Electronics Trading Date Momentum on July 18, 2024
| On July 19 2024 Methode Electronics was traded for 12.23 at the closing time. The maximum traded price for the trading interval was 12.23 and the lowest daily price was 12.23 . There was no trading activity during the period 1.0. Lack of trading volume on 19th of July 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.61% . The trading delta at closing time to the closing price today is 7.16% . |
Methode Electronics Fundamentals Correlations and Trends
By evaluating Methode Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Methode Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Methode financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Methode Electronics Stock history
Methode Electronics 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 Methode is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Methode Electronics 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 Methode Electronics stock prices may prove useful in developing a viable investing in Methode Electronics
Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide. The company was founded in 1946 and is headquartered in Chicago, Illinois. METHODE ELECTR operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6187 people.
Methode Electronics Stock Technical Analysis
Methode Electronics 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.
Price Boundaries
Methode Electronics Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Methode Electronics cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Methode Electronics December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Methode Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Methode Electronics shares will generate the highest return on investment. By undertsting and applying Methode Electronics stock market strength indicators, traders can identify Methode Electronics entry and exit signals to maximize returns
Methode Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Methode Electronics' price direction in advance. Along with the technical and fundamental analysis of Methode Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Methode 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.
| Risk Adjusted Performance | 0.1053 | |||
| Jensen Alpha | 0.5058 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1307 | |||
| Treynor Ratio | 0.7951 |
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Complementary Tools for Methode Stock analysis
When running Methode Electronics' price analysis, check to measure Methode Electronics' 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 Methode Electronics is operating at the current time. Most of Methode Electronics' value examination focuses on studying past and present price action to predict the probability of Methode Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methode Electronics' price. Additionally, you may evaluate how the addition of Methode Electronics to your portfolios can decrease your overall portfolio volatility.
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