Mesa Royalty Trust Stock Price on September 4, 2024
| MTR Stock | USD 7.26 0.02 0.28% |
Below is the normalized historical share price chart for Mesa Royalty Trust 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 Mesa Royalty stands at 7.26, as last reported on the 25th of November, with the highest price reaching 7.42 and the lowest price hitting 6.82 during the day.
If you're considering investing in Mesa Stock, it is important to understand the factors that can impact its price. Mesa Royalty appears to be slightly risky, given 3 months investment horizon. Mesa Royalty Trust has Sharpe Ratio of 0.0701, which conveys that the firm had a 0.0701% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mesa Royalty, which you can use to evaluate the volatility of the firm. Please exercise Mesa Royalty's Mean Deviation of 2.01, downside deviation of 1.97, and Risk Adjusted Performance of 0.0568 to check out if our risk estimates are consistent with your expectations.
As of 11/25/2024, Common Stock Total Equity is likely to grow to about 9.8 M, while Total Stockholder Equity is likely to drop slightly above 2.9 M. . As of 11/25/2024, Price Earnings Ratio is likely to grow to 15.36, while Price To Sales Ratio is likely to drop 6.89. Mesa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of December 1987 | 200 Day MA 8.1279 | 50 Day MA 6.0574 | Beta 0.661 |
Mesa |
Sharpe Ratio = 0.0701
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Estimated Market Risk
| 3.17 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Mesa Royalty is performing at about 5% 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 Mesa Royalty by adding it to a well-diversified portfolio.
Price Book 4.2996 | Enterprise Value Ebitda 21.754 | Price Sales 4.9716 | Shares Float 1.9 M | Earnings Share 0.35 |
Mesa Royalty Valuation on September 4, 2024
It is possible to determine the worth of Mesa Royalty on a given historical date. On September 4, 2024 Mesa was worth 6.45 at the beginning of the trading date compared to the closed value of 6.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mesa Royalty stock. Still, in general, we apply an absolute valuation method to find Mesa Royalty'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 Mesa Royalty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mesa Royalty's related companies.
| Open | High | Low | Close | Volume | |
| 6.38 | 6.49 | 6.25 | 6.35 | 14,746 | |
09/04/2024 | 6.45 | 6.68 | 6.44 | 6.50 | 4,959 |
| 6.50 | 6.50 | 6.12 | 6.31 | 11,738 |
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Mesa Royalty Trading Date Momentum on September 4, 2024
| On September 05 2024 Mesa Royalty Trust was traded for 6.31 at the closing time. Highest Mesa Royalty's price during the trading hours was 6.50 and the lowest price during the day was 6.12 . The net volume was 11.7 K. The overall trading history on the 5th of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.92% . The trading delta at closing time to current price is 12.46% . |
Mesa Royalty Trust Fundamentals Correlations and Trends
By evaluating Mesa Royalty'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 Mesa Royalty's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mesa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mesa Royalty Stock history
Mesa Royalty 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 Mesa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mesa Royalty Trust 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 Mesa Royalty stock prices may prove useful in developing a viable investing in Mesa Royalty
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 M | 2.1 M | |
| Net Income Applicable To Common Shares | 3.3 M | 4.6 M |
Mesa Royalty Quarterly Net Working Capital |
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Mesa Royalty Stock Technical Analysis
Mesa Royalty 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
Mesa Royalty Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Mesa Royalty Trust 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.
Mesa Royalty November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Mesa Royalty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mesa Royalty shares will generate the highest return on investment. By undertsting and applying Mesa Royalty stock market strength indicators, traders can identify Mesa Royalty Trust entry and exit signals to maximize returns
Mesa Royalty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mesa Royalty's price direction in advance. Along with the technical and fundamental analysis of Mesa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mesa 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 | 0.0568 | |||
| Jensen Alpha | 0.1584 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0363 | |||
| Treynor Ratio | 0.6801 |
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Additional Tools for Mesa Stock Analysis
When running Mesa Royalty's price analysis, check to measure Mesa Royalty'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 Mesa Royalty is operating at the current time. Most of Mesa Royalty's value examination focuses on studying past and present price action to predict the probability of Mesa Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesa Royalty's price. Additionally, you may evaluate how the addition of Mesa Royalty to your portfolios can decrease your overall portfolio volatility.