Methanex Stock Price on July 5, 2023
| MX Stock | CAD 64.26 0.69 1.09% |
Below is the normalized historical share price chart for Methanex extending back to November 05, 1991. 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 64.26, as last reported on the 22nd of November, with the highest price reaching 64.51 and the lowest price hitting 63.20 during the day.
If you're considering investing in Methanex Stock, it is important to understand the factors that can impact its price. As of now, Methanex Stock is very steady. Methanex has Sharpe Ratio of 0.0313, which conveys that the firm had a 0.0313% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Methanex, which you can use to evaluate the volatility of the firm. Please verify Methanex's Risk Adjusted Performance of 0.0415, mean deviation of 1.52, and Downside Deviation of 2.67 to check out if the risk estimate we provide is consistent with the expected return of 0.0708%.
At this time, Methanex's Common Stock Shares Outstanding is very stable compared to the past year. As of the 22nd of November 2024, Stock Based Compensation To Revenue is likely to grow to 0.01, while Total Stockholder Equity is likely to drop about 1.4 B. . At this time, Methanex's Price To Sales Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price To Free Cash Flows Ratio is likely to grow to 15.92, while Price Earnings Ratio is likely to drop 17.52. Methanex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 62.4557 | 50 Day MA 56.4864 | Beta 1.806 |
Methanex |
Sharpe Ratio = 0.0313
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Methanex is performing at about 2% 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 1.4981 | Enterprise Value Ebitda 7.0963 | Price Sales 1.1599 | Shares Float 66.9 M | Dividend Share 0.74 |
Methanex Valuation on July 5, 2023
It is possible to determine the worth of Methanex on a given historical date. On July 5, 2023 Methanex was worth 54.38 at the beginning of the trading date compared to the closed value of 54.73. 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 | |
| 53.84 | 54.52 | 53.84 | 54.38 | 16,182 | |
07/05/2023 | 54.38 | 55.17 | 53.44 | 54.73 | 112,588 |
| 54.10 | 55.17 | 53.38 | 54.23 | 153,133 |
| Backtest Methanex | | | Methanex History | | | Methanex Valuation | Previous | Next |
Methanex Trading Date Momentum on July 5, 2023
| On July 06 2023 Methanex was traded for 54.23 at the closing time. The highest daily price throughout the period was 55.17 and the lowest price was 53.38 . The daily volume was 153.1 K. The net trading volume on 07/06/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.91% . The trading delta at closing time to current closing price is 0.57% . |
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 | 318.4 M | 209.9 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 22, 2024
| High |
0.00 | 0.00 |
Methanex 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.
Methanex November 22, 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 | 0.0415 | |||
| Jensen Alpha | 0.1125 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.45) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.