Martinrea International Stock Price on January 15, 2024
| MRE Stock | CAD 10.60 0.38 3.72% |
Below is the normalized historical share price chart for Martinrea International extending back to August 13, 1996. 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 Martinrea International stands at 10.60, as last reported on the 26th of November, with the highest price reaching 10.78 and the lowest price hitting 10.30 during the day.
If you're considering investing in Martinrea Stock, it is important to understand the factors that can impact its price. Martinrea International has Sharpe Ratio of -0.0284, which conveys that the firm had a -0.0284% return per unit of risk over the last 3 months. Martinrea International exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Martinrea International's Mean Deviation of 1.46, risk adjusted performance of 0.0133, and Downside Deviation of 2.67 to check out the risk estimate we provide.
At this time, Martinrea International's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 4.2 B, while Common Stock Shares Outstanding is likely to drop about 67.8 M. . At this time, Martinrea International's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 26th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 2.35, while Price To Sales Ratio is likely to drop 0.20. Martinrea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.5843 | 50 Day MA 11.021 | Beta 2.074 |
Martinrea |
Sharpe Ratio = -0.0284
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Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Martinrea International 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 Martinrea International by adding Martinrea International to a well-diversified portfolio.
Price Book 0.4891 | Enterprise Value Ebitda 3.0976 | Price Sales 0.148 | Shares Float 65.7 M | Wall Street Target Price 16.2143 |
Martinrea International Main Headline on 15th of January 2024
Martinrea International dividend paid on 15th of January 2024 |
Martinrea International Valuation on January 15, 2024
It is possible to determine the worth of Martinrea International on a given historical date. On January 15, 2024 Martinrea was worth 13.33 at the beginning of the trading date compared to the closed value of 13.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Martinrea International stock. Still, in general, we apply an absolute valuation method to find Martinrea International'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 Martinrea International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Martinrea International's related companies.
| Open | High | Low | Close | Volume | |
| 13.75 | 13.82 | 13.28 | 13.39 | 174,897 | |
01/15/2024 | 13.33 | 13.39 | 13.19 | 13.19 | 51,819 |
| 13.05 | 13.40 | 13.05 | 13.35 | 135,483 |
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Martinrea International Trading Date Momentum on January 15, 2024
| On January 16 2024 Martinrea International was traded for 13.35 at the closing time. The maximum traded price for the trading interval was 13.40 and the lowest daily price was 13.05 . The daily volume was recorded at 135.5 K. The volume of trading on 16th of January 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 1.21% . The trading delta at closing time to the closing price today is 3.87% . |
Martinrea International Fundamentals Correlations and Trends
By evaluating Martinrea International'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 Martinrea International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Martinrea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Martinrea International Stock history
Martinrea International 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 Martinrea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Martinrea International 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 Martinrea International stock prices may prove useful in developing a viable investing in Martinrea International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 79.7 M | 67.8 M | |
| Net Income Applicable To Common Shares | 152.8 M | 105.1 M |
Martinrea International Quarterly Net Working Capital |
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Martinrea International Stock Technical Analysis
Martinrea International 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
Martinrea International Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Martinrea International cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Martinrea International November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Martinrea International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Martinrea International shares will generate the highest return on investment. By undertsting and applying Martinrea International stock market strength indicators, traders can identify Martinrea International entry and exit signals to maximize returns
Martinrea International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Martinrea International's price direction in advance. Along with the technical and fundamental analysis of Martinrea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Martinrea 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 | 0.0133 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0122 |
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Other Information on Investing in Martinrea Stock
Martinrea International financial ratios help investors to determine whether Martinrea Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Martinrea with respect to the benefits of owning Martinrea International security.