Methanex Stock Price on October 31, 2024
| MEOH Stock | USD 46.91 0.89 1.93% |
Below is the normalized historical share price chart for Methanex extending back to May 19, 1992. 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 Methanex stands at 46.91, as last reported on the 26th of November, with the highest price reaching 47.34 and the lowest price hitting 46.05 during the day.
If you're considering investing in Methanex Stock, it is important to understand the factors that can impact its price. Methanex is very steady at the moment. Methanex has Sharpe Ratio of 0.0401, which conveys that the firm had a 0.0401% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Methanex, which you can use to evaluate the volatility of the firm. Please verify Methanex's Downside Deviation of 2.71, mean deviation of 1.63, and Risk Adjusted Performance of 0.0336 to check out if the risk estimate we provide is consistent with the expected return of 0.0951%.
As of now, Methanex's Stock Based Compensation To Revenue is decreasing as compared to previous years. . As of now, Methanex's Price To Sales Ratio is decreasing as compared to previous years. The Methanex's current Price To Free Cash Flows Ratio is estimated to increase to 15.92, while Price Earnings Ratio is projected to decrease to 17.52. Methanex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of May 1992 | 200 Day MA 45.6684 | 50 Day MA 41.5072 | Beta 1.806 |
Methanex |
Sharpe Ratio = 0.0401
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| Cash | Small Risk | MEOH | High Risk | Huge Risk |
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Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Methanex is performing at about 3% 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 Methanex by adding it to a well-diversified portfolio.
Price Book 1.549 | Enterprise Value Ebitda 7.2235 | Price Sales 0.8397 | Shares Float 66.9 M | Dividend Share 0.74 |
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Adjusted EBITDA 17 million, a significant improvement over the previous year.GAAP Loss Per Share 0.35, including 16 million in turnaround expenses and 6
Methanex Valuation on October 31, 2024
It is possible to determine the worth of Methanex on a given historical date. On October 31, 2024 Methanex was worth 39.52 at the beginning of the trading date compared to the closed value of 39.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Methanex stock. Still, in general, we apply an absolute valuation method to find Methanex'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 Methanex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Methanex's related companies.
| Open | High | Low | Close | Volume | |
| 39.58 | 40.39 | 39.25 | 39.66 | 106,386 | |
10/31/2024 | 39.52 | 39.63 | 38.75 | 39.17 | 223,763 |
| 39.26 | 39.82 | 38.87 | 39.09 | 194,202 |
| Backtest Methanex | | | Methanex History | | | Methanex Valuation | Previous | Next |
Methanex Trading Date Momentum on October 31, 2024
| On November 01 2024 Methanex was traded for 39.09 at the closing time. The top price for the day was 39.82 and the lowest listed price was 38.87 . The trading volume for the day was 194.2 K. The trading history from November 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.20% . The trading delta at closing time against the current closing price is 8.02% . |
Methanex Fundamentals Correlations and Trends
By evaluating Methanex'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 Methanex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Methanex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Methanex Stock history
Methanex 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 Methanex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Methanex 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 Methanex stock prices may prove useful in developing a viable investing in Methanex
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 67.8 M | 94.1 M | |
| Net Income Applicable To Common Shares | 406.9 M | 230.6 M |
Methanex Quarterly Net Working Capital |
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Methanex Stock Technical Analysis
Methanex 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
Methanex Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Methanex cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Methanex November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Methanex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Methanex shares will generate the highest return on investment. By undertsting and applying Methanex stock market strength indicators, traders can identify Methanex entry and exit signals to maximize returns
Methanex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Methanex's price direction in advance. Along with the technical and fundamental analysis of Methanex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Methanex 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 | 0.0336 | |||
| Jensen Alpha | 0.0154 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1534 |
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Complementary Tools for Methanex Stock analysis
When running Methanex's price analysis, check to measure Methanex'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 Methanex is operating at the current time. Most of Methanex's value examination focuses on studying past and present price action to predict the probability of Methanex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methanex's price. Additionally, you may evaluate how the addition of Methanex to your portfolios can decrease your overall portfolio volatility.
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