These 4 Measures Indicate That MYR Group Is Using Debt Reasonably Well
| MYRG Stock | USD 151.05 3.19 2.16% |
Roughly 55% of MYR's stockholders are presently thinking to get in. The current sentiment regarding investing in MYR Group stock implies that some traders are interested. The current market sentiment, together with MYR's historical and current headlines, can help investors time the market. In addition, many technical investors use MYR Group stock news signals to limit their universe of possible portfolio assets.
MYR |
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
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MYR Fundamental Analysis
We analyze MYR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MYR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MYR 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.
Working Capital
Working Capital Comparative Analysis
MYR is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
MYR Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MYR stock to make a market-neutral strategy. Peer analysis of MYR could also be used in its relative valuation, which is a method of valuing MYR by comparing valuation metrics with similar companies.
Peers
MYR Related Equities
| BLD | Topbuild Corp | 3.27 | ||||
| ROAD | Construction Partners | 3.23 | ||||
| GVA | Granite Construction | 1.10 | ||||
| MTRX | Matrix Service | 0.60 | ||||
| FIX | Comfort Systems | 0.22 | ||||
| MTZ | MasTec | 0.06 | ||||
| APG | Api Group | 0.03 | ||||
| PRIM | Primoris Services | 0.32 | ||||
| STRL | Sterling Construction | 0.46 | ||||
| TPC | Tutor Perini | 0.59 | ||||
| DY | Dycom Industries | 1.60 | ||||
| EME | EMCOR | 4.18 |
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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