Montrose Environmental Grp Stock Price on November 7, 2024
| MEG Stock | USD 17.89 0.93 4.94% |
Below is the normalized historical share price chart for Montrose Environmental Grp extending back to July 23, 2020. 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 Montrose Environmental stands at 17.89, as last reported on the 22nd of November, with the highest price reaching 18.95 and the lowest price hitting 17.77 during the day.
If you're considering investing in Montrose Stock, it is important to understand the factors that can impact its price. Montrose Environmental has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Montrose Environmental exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Montrose Environmental's Mean Deviation of 3.55, risk adjusted performance of (0.11), and Standard Deviation of 4.84 to check out the risk estimate we provide.
At this time, Montrose Environmental's Liabilities And Stockholders Equity is most likely to decrease significantly in the upcoming years. The Montrose Environmental's current Stock Based Compensation is estimated to increase to about 49.6 M, while Other Stockholder Equity is projected to decrease to roughly 330.2 M. . At this time, Montrose Environmental's Price To Free Cash Flows Ratio is most likely to increase significantly in the upcoming years. The Montrose Environmental's current Price To Book Ratio is estimated to increase to 3.83, while Price Earnings To Growth Ratio is projected to decrease to (0.70). Montrose Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of November 1994 | 200 Day MA 35.3793 | 50 Day MA 24.8218 | Beta 1.863 |
Montrose |
Sharpe Ratio = -0.1873
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MEG |
Estimated Market Risk
| 4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.9 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Montrose Environmental 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 Montrose Environmental by adding Montrose Environmental to a well-diversified portfolio.
Price Book 1.4371 | Enterprise Value Ebitda 23.9849 | Price Sales 0.9591 | Shares Float 31.9 M | Wall Street Target Price 37.1667 |
Montrose Environmental Main Headline on 7th of November 2024
Does Montrose Environmental Group Have a Compelling Valuatio... by finance.yahoo.com
Baron Funds, an investment management company, released its Baron Discovery Fund third quarter 2024 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund appreciated 13.55 percent , outperforming the 8.41 percent return for the Russell 2000 Growth Index. Year-to-date, the fund returned 9.50 percent compared to the indexs 13.22 percent
Montrose Environmental Valuation on November 7, 2024
It is possible to determine the worth of Montrose Environmental on a given historical date. On November 7, 2024 Montrose was worth 24.4 at the beginning of the trading date compared to the closed value of 23.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Montrose Environmental stock. Still, in general, we apply an absolute valuation method to find Montrose Environmental'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 Montrose Environmental where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Montrose Environmental's related companies.
| Open | High | Low | Close | Volume | |
| 27.45 | 28.05 | 23.73 | 24.39 | 1,503,220 | |
11/07/2024 | 24.40 | 26.42 | 23.47 | 23.67 | 787,216 |
| 22.86 | 22.86 | 19.82 | 20.51 | 1,125,158 |
| Backtest Montrose Environmental | | | Montrose Environmental History | | | Montrose Environmental Valuation | Previous | Next |
Montrose Environmental Trading Date Momentum on November 7, 2024
| On November 08 2024 Montrose Environmental Grp was traded for 20.51 at the closing time. Highest Montrose Environmental's price during the trading hours was 22.86 and the lowest price during the day was 19.82 . The net volume was 1.1 M. The overall trading history on the 8th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 13.35% . The trading delta at closing time to current price is 20.49% . |
Montrose Environmental Fundamentals Correlations and Trends
By evaluating Montrose Environmental'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 Montrose Environmental's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Montrose financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Montrose Environmental Stock history
Montrose Environmental 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 Montrose is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Montrose Environmental 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 Montrose Environmental stock prices may prove useful in developing a viable investing in Montrose Environmental
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.1 M | 28.8 M | |
| Net Loss | -43.4 M | -45.6 M |
Montrose Environmental Stock Technical Analysis
Montrose Environmental 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
Montrose Environmental Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Montrose Environmental Grp 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.
Montrose Environmental November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Montrose Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Montrose Environmental shares will generate the highest return on investment. By undertsting and applying Montrose Environmental stock market strength indicators, traders can identify Montrose Environmental Grp entry and exit signals to maximize returns
Montrose Environmental Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Montrose Environmental's price direction in advance. Along with the technical and fundamental analysis of Montrose Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Montrose 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 | (0.11) | |||
| Jensen Alpha | (0.85) | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | (1.21) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Montrose Stock analysis
When running Montrose Environmental's price analysis, check to measure Montrose Environmental'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 Montrose Environmental is operating at the current time. Most of Montrose Environmental's value examination focuses on studying past and present price action to predict the probability of Montrose Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montrose Environmental's price. Additionally, you may evaluate how the addition of Montrose Environmental 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 | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |