Myr Group Stock Performance
| MYRG Stock | USD 149.82 8.11 5.72% |
The company secures a Beta (Market Risk) of 0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MYR's returns are expected to increase less than the market. However, during the bear market, the loss of holding MYR is expected to be smaller as well. MYR Group presently secures a risk of 2.84%. Please verify MYR Group value at risk, as well as the relationship between the skewness and day median price , to decide if MYR Group will be following its current price movements.
Risk-Adjusted Performance
Weak
Weak | Strong |
Over the last 90 days MYR Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, MYR is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Actual Historical Performance (%)
One Day Return 5.72 | Five Day Return 3.91 | Year To Date Return 1.31 | Ten Year Return 461.33 | All Time Return 802.53 |
1 | Earnings call MYR Group faces headwinds in Q3 with revenue dip | 11/22/2024 |
2 | Verition Fund Management LLC Buys New Stake in MYR Group Inc. - MarketBeat | 12/04/2024 |
3 | MYR Group Declined On Delayed Utility Transmission Distribution Projects | 12/09/2024 |
4 | Stifel Nicolaus Forecasts Strong Price Appreciation for MYR Group Stock | 12/13/2024 |
5 | Disposition of 3538 shares by Tod Cooper of MYR at 154.55 subject to Rule 16b-3 | 12/24/2024 |
6 | MYR Group Stock Passes Above 200 Day Moving Average - Whats Next - MarketBeat | 01/07/2025 |
7 | Prepare For The Next Fed Led Crash | 01/22/2025 |
8 | Acquisition by Don Egan of 2244 shares of MYR subject to Rule 16b-3 | 01/31/2025 |
9 | Stocks Showing Improved Relative Strength MYR Group | 02/03/2025 |
| Begin Period Cash Flow | 51 M |
MYR |
MYR Relative Risk vs. Return Landscape
If you would invest 15,078 in MYR Group on November 9, 2024 and sell it today you would lose (96.00) from holding MYR Group or give up 0.64% of portfolio value over 90 days. MYR Group is currently generating 0.0297% in daily expected returns and assumes 2.838% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of stocks are less volatile than MYR, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
MYR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MYR's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MYR Group, and traders can use it to determine the average amount a MYR's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0105
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MYRG |
Estimated Market Risk
| 2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MYR 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 MYR by adding MYR to a well-diversified portfolio.
MYR Fundamentals Growth
MYR Stock prices reflect investors' perceptions of the future prospects and financial health of MYR, and MYR fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MYR Stock performance.
| Return On Equity | 0.0632 | ||||
| Return On Asset | 0.022 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 2.41 B | ||||
| Shares Outstanding | 16.12 M | ||||
| Price To Earning | 23.54 X | ||||
| Price To Book | 3.88 X | ||||
| Price To Sales | 0.68 X | ||||
| Revenue | 3.64 B | ||||
| Gross Profit | 301.87 M | ||||
| EBITDA | 189.08 M | ||||
| Net Income | 90.99 M | ||||
| Cash And Equivalents | 35.77 M | ||||
| Cash Per Share | 2.15 X | ||||
| Total Debt | 73.61 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.43 X | ||||
| Book Value Per Share | 36.50 X | ||||
| Cash Flow From Operations | 71.02 M | ||||
| Earnings Per Share | 2.28 X | ||||
| Market Capitalization | 2.42 B | ||||
| Total Asset | 1.58 B | ||||
| Retained Earnings | 492.53 M | ||||
| Working Capital | 279.04 M | ||||
| Current Asset | 303.37 M | ||||
| Current Liabilities | 179.74 M | ||||
About MYR Performance
By analyzing MYR's fundamental ratios, stakeholders can gain valuable insights into MYR's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MYR has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if MYR has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 8.63 | 11.12 | |
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.14 | 0.10 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.14 | 0.13 |
Things to note about MYR Group performance evaluation
Checking the ongoing alerts about MYR for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MYR Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MYR Group is unlikely to experience financial distress in the next 2 years | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from investors.com: Stocks Showing Improved Relative Strength MYR Group |
- Analyzing MYR's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MYR's stock is overvalued or undervalued compared to its peers.
- Examining MYR's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MYR's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MYR's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MYR's stock. These opinions can provide insight into MYR's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for MYR Stock analysis
When running MYR's price analysis, check to measure MYR'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 MYR is operating at the current time. Most of MYR's value examination focuses on studying past and present price action to predict the probability of MYR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYR's price. Additionally, you may evaluate how the addition of MYR to your portfolios can decrease your overall portfolio volatility.
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