Mayville Engineering Co Stock Price on October 31, 2024
| MEC Stock | USD 16.56 0.24 1.47% |
Below is the normalized historical share price chart for Mayville Engineering Co extending back to May 09, 2019. 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 Mayville Engineering stands at 16.56, as last reported on the 22nd of November, with the highest price reaching 16.65 and the lowest price hitting 16.24 during the day.
If you're considering investing in Mayville Stock, it is important to understand the factors that can impact its price. Mayville Engineering has Sharpe Ratio of -0.0639, which conveys that the firm had a -0.0639% return per unit of risk over the last 3 months. Mayville Engineering exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mayville Engineering's Risk Adjusted Performance of (0.03), standard deviation of 3.39, and Mean Deviation of 2.04 to check out the risk estimate we provide.
At present, Mayville Engineering's Stock Based Compensation To Revenue is projected to slightly decrease based on the last few years of reporting. . At present, Mayville Engineering's Price Earnings Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 2.01, whereas Price Earnings To Growth Ratio is forecasted to decline to (0.67). Mayville Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of May 2019 | 200 Day MA 16.6638 | 50 Day MA 19.6692 | Beta 0.967 |
Mayville |
Sharpe Ratio = -0.0639
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MEC |
Estimated Market Risk
| 3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mayville Engineering is not performing at its full potential. However, 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 Mayville Engineering by adding Mayville Engineering to a well-diversified portfolio.
Price Book 1.4135 | Enterprise Value Ebitda 7.4029 | Price Sales 0.5649 | Shares Float 12.1 M | Wall Street Target Price 19.6667 |
Related Headline
Haynes International Headline on 31st of October 2024
Insider Trading by gurufocus.com Filed transaction by Haynes International Officer: Vp, Sales And Distribution. Insider Public Trading |
Mayville Engineering Valuation on October 31, 2024
It is possible to determine the worth of Mayville Engineering on a given historical date. On October 31, 2024 Mayville was worth 20.78 at the beginning of the trading date compared to the closed value of 20.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mayville Engineering stock. Still, in general, we apply an absolute valuation method to find Mayville Engineering'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 Mayville Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mayville Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 20.85 | 21.06 | 20.66 | 20.80 | 65,126 | |
10/31/2024 | 20.78 | 20.85 | 20.35 | 20.47 | 65,075 |
| 20.58 | 23.02 | 20.54 | 21.49 | 460,505 |
| Backtest Mayville Engineering | | | Mayville Engineering History | | | Mayville Engineering Valuation | Previous | Next |
Mayville Engineering Trading Date Momentum on October 31, 2024
| On November 01 2024 Mayville Engineering Co was traded for 21.49 at the closing time. Highest Mayville Engineering's price during the trading hours was 23.02 and the lowest price during the day was 20.54 . The net volume was 460.5 K. The overall trading history on the 1st of November contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 4.98% . The trading delta at closing time to current price is 16.07% . |
Mayville Engineering Fundamentals Correlations and Trends
By evaluating Mayville Engineering'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 Mayville Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mayville financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mayville Engineering Stock history
Mayville Engineering 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 Mayville is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mayville Engineering 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 Mayville Engineering stock prices may prove useful in developing a viable investing in Mayville Engineering
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 20.7 M | 21.8 M | |
| Net Income Applicable To Common Shares | 16.9 M | 17.7 M |
Mayville Engineering Quarterly Net Working Capital |
|
Mayville Engineering Stock Technical Analysis
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.
Price Boundaries
Mayville Engineering Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Mayville Engineering Co cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Mayville Engineering November 22, 2024 Market Strength
Market strength 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 undertsting and applying Mayville Engineering stock market strength indicators, traders can identify Mayville Engineering Co entry and exit signals to maximize returns
Mayville Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mayville Engineering's price direction in advance. Along with the technical and fundamental analysis of Mayville Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mayville 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 | (0.03) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.3351 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Mayville Stock analysis
When running Mayville Engineering's price analysis, check to measure Mayville Engineering'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 Mayville Engineering is operating at the current time. Most of Mayville Engineering's value examination focuses on studying past and present price action to predict the probability of Mayville Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayville Engineering's price. Additionally, you may evaluate how the addition of Mayville Engineering to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |