Mercury General Stock Beta

MCY Stock

USD 78.85 0.47 0.60%

Mercury General fundamentals help investors to digest information that contributes to Mercury General's financial success or failures. It also enables traders to predict the movement of Mercury Stock. The fundamental analysis module provides a way to measure Mercury General's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mercury General stock.

Short Long Term Debt Total Total Assets

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Mercury General Company Beta Analysis

Mercury General's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Mercury General Beta

0.83

Most of Mercury General's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mercury General is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Mercury Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Mercury General is extremely important. It helps to project a fair market value of Mercury Stock properly, considering its historical fundamentals such as Beta. Since Mercury General's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mercury General's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mercury General's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Net Receivables	Total Current Assets	Accounts Payable	Short Term Investments	Common Stock	Long Term Debt	Property Plant Equipment	Good Will	Intangible Assets	Short Term Debt	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.59	0.51	0.58	0.98	0.74	0.73	0.84	0.25	0.81	0.71	0.84	0.79	-0.42	-0.49	0.25	0.59	0.39	0.77	0.15	0.32	0.52	-0.44
Total Stockholder Equity	0.59		0.05	1.0	0.41	0.57	0.43	0.69	0.57	0.72	0.23	0.87	0.88	0.3	0.12	0.32	0.01	0.42	0.2	0.13	0.23	-0.15	0.29
Net Debt	0.51	0.05		0.03	0.57	0.65	0.55	0.38	0.14	0.5	0.67	0.16	0.15	-0.78	-0.65	-0.1	0.8	0.47	0.65	0.05	0.06	0.1	-0.18
Retained Earnings	0.58	1.0	0.03		0.39	0.56	0.42	0.68	0.57	0.71	0.21	0.86	0.87	0.32	0.13	0.33	-0.01	0.41	0.19	0.13	0.23	-0.16	0.3
Total Liab	0.98	0.41	0.57	0.39		0.7	0.73	0.78	0.13	0.74	0.76	0.73	0.66	-0.57	-0.6	0.18	0.68	0.33	0.84	0.16	0.28	0.62	-0.57
Net Receivables	0.74	0.57	0.65	0.56	0.7		0.88	0.73	0.3	0.87	0.76	0.63	0.64	-0.48	-0.49	-0.04	0.7	0.67	0.66	0.42	0.02	0.07	0.0
Total Current Assets	0.73	0.43	0.55	0.42	0.73	0.88		0.79	0.33	0.76	0.76	0.61	0.52	-0.56	-0.67	0.1	0.7	0.65	0.76	0.45	0.16	0.29	-0.09
Accounts Payable	0.84	0.69	0.38	0.68	0.78	0.73	0.79		0.31	0.85	0.71	0.83	0.73	-0.34	-0.41	0.33	0.57	0.51	0.77	0.31	0.34	0.32	-0.11
Short Term Investments	0.25	0.57	0.14	0.57	0.13	0.3	0.33	0.31		0.38	0.05	0.38	0.49	0.2	0.06	0.14	-0.04	0.23	-0.12	-0.15	0.08	-0.18	0.31
Common Stock	0.81	0.72	0.5	0.71	0.74	0.87	0.76	0.85	0.38		0.82	0.83	0.85	-0.27	-0.32	-0.01	0.63	0.43	0.64	0.22	0.0	0.27	-0.15
Long Term Debt	0.71	0.23	0.67	0.21	0.76	0.76	0.76	0.71	0.05	0.82		0.48	0.46	-0.71	-0.57	-0.07	0.94	0.4	0.83	0.27	0.03	0.55	-0.4
Property Plant Equipment	0.84	0.87	0.16	0.86	0.73	0.63	0.61	0.83	0.38	0.83	0.48		0.95	0.06	-0.18	0.25	0.23	0.29	0.52	0.14	0.21	0.29	-0.17
Good Will	0.79	0.88	0.15	0.87	0.66	0.64	0.52	0.73	0.49	0.85	0.46	0.95		0.15	-0.03	0.07	0.2	0.18	0.34	0.06	0.03	0.23	-0.16
Intangible Assets	-0.42	0.3	-0.78	0.32	-0.57	-0.48	-0.56	-0.34	0.2	-0.27	-0.71	0.06	0.15		0.78	-0.06	-0.88	-0.45	-0.77	-0.22	-0.25	-0.42	0.36
Short Term Debt	-0.49	0.12	-0.65	0.13	-0.6	-0.49	-0.67	-0.41	0.06	-0.32	-0.57	-0.18	-0.03	0.78		-0.06	-0.66	-0.41	-0.72	0.05	-0.22	-0.4	0.33
Net Tangible Assets	0.25	0.32	-0.1	0.33	0.18	-0.04	0.1	0.33	0.14	-0.01	-0.07	0.25	0.07	-0.06	-0.06		-0.05	0.52	0.24	0.01	0.97	0.1	0.25
Long Term Debt Total	0.59	0.01	0.8	-0.01	0.68	0.7	0.7	0.57	-0.04	0.63	0.94	0.23	0.2	-0.88	-0.66	-0.05		0.47	0.82	0.26	0.09	0.44	-0.35
Deferred Long Term Liab	0.39	0.42	0.47	0.41	0.33	0.67	0.65	0.51	0.23	0.43	0.4	0.29	0.18	-0.45	-0.41	0.52	0.47		0.52	0.4	0.56	-0.19	0.47
Long Term Investments	0.77	0.2	0.65	0.19	0.84	0.66	0.76	0.77	-0.12	0.64	0.83	0.52	0.34	-0.77	-0.72	0.24	0.82	0.52		0.35	0.35	0.54	-0.41
Short Long Term Debt	0.15	0.13	0.05	0.13	0.16	0.42	0.45	0.31	-0.15	0.22	0.27	0.14	0.06	-0.22	0.05	0.01	0.26	0.4	0.35		-0.03	-0.06	0.13
Net Invested Capital	0.32	0.23	0.06	0.23	0.28	0.02	0.16	0.34	0.08	0.0	0.03	0.21	0.03	-0.25	-0.22	0.97	0.09	0.56	0.35	-0.03		0.19	0.15
Capital Stock	0.52	-0.15	0.1	-0.16	0.62	0.07	0.29	0.32	-0.18	0.27	0.55	0.29	0.23	-0.42	-0.4	0.1	0.44	-0.19	0.54	-0.06	0.19		-0.85
Current Deferred Revenue	-0.44	0.29	-0.18	0.3	-0.57	0.0	-0.09	-0.11	0.31	-0.15	-0.4	-0.17	-0.16	0.36	0.33	0.25	-0.35	0.47	-0.41	0.13	0.15	-0.85

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Mercury General

In accordance with the recently published financial statements, Mercury General has a Beta of 0.831. This indicator is about the same for the Insurance average (which is currently at 0.82) sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.

Mercury Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mercury General's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mercury General could also be used in its relative valuation, which is a method of valuing Mercury General by comparing valuation metrics of similar companies.

Mercury General is currently under evaluation in beta category among its peers.

Mercury General ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mercury General's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mercury General's managers, analysts, and investors.

Environmental

Governance

Social

Mercury General Institutional Holders

Institutional Holdings refers to the ownership stake in Mercury General that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Mercury General's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mercury General's value.

		Shares
Driehaus Capital Management Llc	2024-06-30	411.4 K
Arrowstreet Capital Limited Partnership	2024-06-30	375.3 K
Jacobs Levy Equity Management, Inc.	2024-09-30	368.3 K
Bank Of New York Mellon Corp	2024-06-30	310.3 K
Nuveen Asset Management, Llc	2024-06-30	293.7 K
Phase 2 Partners, Llc	2024-09-30	274 K
Northern Trust Corp	2024-09-30	272.1 K
Assenagon Asset Management Sa	2024-09-30	214.4 K
Point72 Asset Management, L.p.	2024-09-30	207.5 K
Blackrock Inc	2024-06-30	4.7 M
Vanguard Group Inc	2024-09-30	3.5 M

As returns on the market increase, Mercury General's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mercury General is expected to be smaller as well.

Mercury Fundamentals

	Return On Equity	0.35
	Return On Asset	0.0598
	Profit Margin	0.10 %
	Operating Margin	0.19 %
	Current Valuation	4.34 B
	Shares Outstanding	55.37 M
	Shares Owned By Insiders	52.04 %
	Shares Owned By Institutions	43.98 %
	Number Of Shares Shorted	779.87 K
	Price To Earning	5.34 X
	Price To Book	2.34 X
	Price To Sales	0.80 X
	Revenue	4.63 B
	Gross Profit	(361.96 M)
	EBITDA	195.84 M
	Net Income	96.34 M
	Cash And Equivalents	462.13 M
	Cash Per Share	8.35 X
	Total Debt	587.96 M
	Debt To Equity	0.24 %
	Current Ratio	0.69 X
	Book Value Per Share	33.63 X
	Cash Flow From Operations	452.99 M
	Short Ratio	3.03 X
	Earnings Per Share	10.09 X
	Price To Earnings To Growth	1.19 X
	Target Price	80.0
	Number Of Employees	4.1 K
	Beta	0.83
	Market Capitalization	4.37 B
	Total Asset	7.1 B
	Retained Earnings	1.45 B
	Annual Yield	0.02 %
	Five Year Return	5.07 %
	Net Asset	7.1 B
	Last Dividend Paid	1.27

About Mercury General Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mercury General's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mercury General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mercury General based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Mercury Stock Analysis

When running Mercury General's price analysis, check to measure Mercury General'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 Mercury General is operating at the current time. Most of Mercury General's value examination focuses on studying past and present price action to predict the probability of Mercury General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury General's price. Additionally, you may evaluate how the addition of Mercury General to your portfolios can decrease your overall portfolio volatility.

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