Meritage Hospitality Group Price on July 14, 2023

MHGUDelisted Stock  USD 19.75  0.28  1.44%   
If you're considering investing in Meritage OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meritage Hospitality stands at 19.75, as last reported on the 27th of November, with the highest price reaching 19.75 and the lowest price hitting 19.47 during the day. We have found twenty-nine technical indicators for Meritage Hospitality, which you can use to evaluate the volatility of the firm. Please verify Meritage Hospitality's Mean Deviation of 0.9266, risk adjusted performance of 0.037, and Downside Deviation of 2.12 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Meritage OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Meritage Hospitality 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 Meritage Hospitality by adding Meritage Hospitality to a well-diversified portfolio.

Meritage Hospitality Valuation on July 14, 2023

It is possible to determine the worth of Meritage Hospitality on a given historical date. On July 14, 2023 Meritage was worth 19.74 at the beginning of the trading date compared to the closed value of 19.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meritage Hospitality otc stock. Still, in general, we apply an absolute valuation method to find Meritage Hospitality'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 Meritage Hospitality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meritage Hospitality's related companies.
 Open High Low Close Volume
  20.00    20.00    20.00    20.00    1.00  
07/14/2023
  19.74    19.74    19.74    19.74    170.00  
  19.53    19.75    19.50    19.75    470.00  
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Open Value
19.74
19.74
Closing Value
19.74
Upside

Meritage Hospitality Trading Date Momentum on July 14, 2023

On July 17 2023 Meritage Hospitality Group was traded for  19.75  at the closing time. The top price for the day was 19.75  and the lowest listed price was  19.50 . The trading volume for the day was 470. The trading history from July 17, 2023 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.05% . The trading delta at closing time against the current closing price is 1.37% .

Meritage Hospitality Fundamentals Correlations and Trends

By evaluating Meritage Hospitality'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 Meritage Hospitality's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meritage financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Meritage Hospitality OTC Stock history

Meritage Hospitality 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 Meritage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meritage Hospitality 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 Meritage Hospitality stock prices may prove useful in developing a viable investing in Meritage Hospitality
Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. Meritage Hospitality Group Inc. was incorporated in 1986 and is headquartered in Grand Rapids, Michigan. Meritage Hosp operates under Restaurants classification in the United States and is traded on OTC Exchange. It employs 330 people.

Meritage Hospitality OTC Stock Technical Analysis

Meritage Hospitality technical otc 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, otc market cycles, or different charting patterns.
A focus of Meritage Hospitality technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Meritage Hospitality 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

Meritage Hospitality Period Price Range

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Meritage Hospitality Group cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Meritage Hospitality November 27, 2024 Market Strength

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

Meritage Hospitality Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Meritage Hospitality's price direction in advance. Along with the technical and fundamental analysis of Meritage OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meritage 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.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in price.
Note that the Meritage Hospitality information on this page should be used as a complementary analysis to other Meritage Hospitality's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Other Consideration for investing in Meritage OTC Stock

If you are still planning to invest in Meritage Hospitality check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meritage Hospitality's history and understand the potential risks before investing.
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