Modine Manufacturing Stock Price on November 7, 2024
MOD Stock | USD 143.22 2.73 1.94% |
Below is the normalized historical share price chart for Modine Manufacturing extending back to November 05, 1984. 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 Modine Manufacturing stands at 143.22, as last reported on the 25th of November, with the highest price reaching 144.02 and the lowest price hitting 140.20 during the day.
If you're considering investing in Modine Stock, it is important to understand the factors that can impact its price. Modine Manufacturing appears to be very steady, given 3 months investment horizon. Modine Manufacturing has Sharpe Ratio of 0.0979, which conveys that the firm had a 0.0979% return per unit of risk over the last 3 months. We have found thirty technical indicators for Modine Manufacturing, which you can use to evaluate the volatility of the firm. Please exercise Modine Manufacturing's Mean Deviation of 2.94, downside deviation of 3.78, and Risk Adjusted Performance of 0.0904 to check out if our risk estimates are consistent with your expectations.
The current year's Capital Stock is expected to grow to about 37.4 M, whereas Total Stockholder Equity is forecasted to decline to about 425.2 M. . At present, Modine Manufacturing's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 6.91, whereas Price To Free Cash Flows Ratio is forecasted to decline to 22.92. Modine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 105.4928 | 50 Day MA 128.1488 | Beta 2.246 |
Modine |
Sharpe Ratio = 0.0979
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Estimated Market Risk
4.06 actual daily | 36 64% of assets are more volatile |
Expected Return
0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Modine Manufacturing is performing at about 7% 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 Modine Manufacturing by adding it to a well-diversified portfolio.
Price Book 8.7558 | Enterprise Value Ebitda 24.3371 | Price Sales 3.0267 | Shares Float 51.4 M | Wall Street Target Price 148 |
Related Headline
Commercial Vehicle Headline on 7th of November 2024
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Operator Good morning, ladies and gentlemen, and welcome to the CVGI Third Quarter 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode.
Modine Manufacturing Valuation on November 7, 2024
It is possible to determine the worth of Modine Manufacturing on a given historical date. On November 7, 2024 Modine was worth 126.5 at the beginning of the trading date compared to the closed value of 127.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Modine Manufacturing stock. Still, in general, we apply an absolute valuation method to find Modine Manufacturing'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 Modine Manufacturing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Modine Manufacturing's related companies.
Open | High | Low | Close | Volume | |
120.39 | 125.17 | 114.93 | 125.01 | 1,310,802 | |
11/07/2024 | 126.50 | 128.21 | 124.32 | 127.37 | 802,794 |
127.10 | 129.15 | 126.00 | 128.12 | 632,280 |
Backtest Modine Manufacturing | | | Modine Manufacturing History | | | Modine Manufacturing Valuation | Previous | Next |
Modine Manufacturing Trading Date Momentum on November 7, 2024
On November 08 2024 Modine Manufacturing was traded for 128.12 at the closing time. Highest Modine Manufacturing's price during the trading hours was 129.15 and the lowest price during the day was 126.00 . The net volume was 632.3 K. The overall trading history on the 8th of November contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.59% . The trading delta at closing time to current price is 2.56% . |
Modine Manufacturing Fundamentals Correlations and Trends
By evaluating Modine Manufacturing'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 Modine Manufacturing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Modine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Modine Manufacturing Stock history
Modine Manufacturing 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 Modine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Modine Manufacturing 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 Modine Manufacturing stock prices may prove useful in developing a viable investing in Modine Manufacturing
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 53.4 M | 41.7 M | |
Net Income Applicable To Common Shares | 137.8 M | 144.7 M |
Modine Manufacturing Quarterly Net Working Capital |
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Modine Manufacturing Stock Technical Analysis
Modine Manufacturing 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
Modine Manufacturing Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
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Modine Manufacturing November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Modine Manufacturing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Modine Manufacturing shares will generate the highest return on investment. By undertsting and applying Modine Manufacturing stock market strength indicators, traders can identify Modine Manufacturing entry and exit signals to maximize returns
Modine Manufacturing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Modine Manufacturing's price direction in advance. Along with the technical and fundamental analysis of Modine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Modine 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 | 0.0904 | |||
Jensen Alpha | 0.0388 | |||
Total Risk Alpha | (0.21) | |||
Sortino Ratio | 0.0805 | |||
Treynor Ratio | 0.1329 |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Modine Stock analysis
When running Modine Manufacturing's price analysis, check to measure Modine Manufacturing'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 Modine Manufacturing is operating at the current time. Most of Modine Manufacturing's value examination focuses on studying past and present price action to predict the probability of Modine Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modine Manufacturing's price. Additionally, you may evaluate how the addition of Modine Manufacturing to your portfolios can decrease your overall portfolio volatility.
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