Mesa Royalty Trust Stock Price History

MTR Stock  USD 7.24  0.27  3.87%   
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 7.24, as last reported on the 22nd of November, with the highest price reaching 7.49 and the lowest price hitting 7.03 during the day.
IPO Date
30th of December 1987
200 Day MA
8.1578
50 Day MA
6.0026
Beta
0.661
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.0685, which conveys that the firm had a 0.0685% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Mesa Royalty, which you can use to evaluate the volatility of the firm. Please exercise Mesa Royalty's Mean Deviation of 2.07, risk adjusted performance of (0.0002), and Standard Deviation of 3.35 to check out if our risk estimates are consistent with your expectations.
  
As of 11/22/2024, 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 11/22/2024, 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.

Sharpe Ratio = 0.0685

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Estimated Market Risk

 3.19
  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
4.128
Enterprise Value Ebitda
20.7453
Price Sales
4.7731
Shares Float
1.9 M
Earnings Share
0.35

Mesa Royalty Stock Price History Chart

There are several ways to analyze Mesa Stock price data. The simplest method is using a basic Mesa candlestick price chart, which shows Mesa Royalty price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 21, 20247.24
Lowest PriceSeptember 30, 20245.67

Mesa Royalty November 22, 2024 Stock Price Synopsis

Various analyses of Mesa Royalty's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mesa Stock. It can be used to describe the percentage change in the price of Mesa Royalty from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mesa Stock.
Mesa Royalty Price Action Indicator 0.12 
Mesa Royalty Price Daily Balance Of Power 0.59 
Mesa Royalty Price Rate Of Daily Change 1.04 
Mesa Royalty Accumulation Distribution 3,159 

Mesa Royalty November 22, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Mesa Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Mesa Royalty intraday prices and daily technical indicators to check the level of noise trading in Mesa Stock and then apply it to test your longer-term investment strategies against Mesa.

Mesa Stock Price History Data

The price series of Mesa Royalty for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 has a statistical range of 1.72 with a coefficient of variation of 5.12. The daily prices for the period are spread out with arithmetic mean of 6.09. The median price for the last 90 days is 6.01. The company underwent 1:4 stock split on 31st of December 2013. Mesa Royalty Trust issued dividends to stockholders on 2024-06-28.
OpenHighLowCloseVolume
11/21/2024 7.04  7.49  7.03  7.24  51,433 
11/20/2024 6.17  7.27  6.02  6.97  88,337 
11/19/2024 6.03  6.25  5.96  5.96  1,537 
11/18/2024 6.36  6.40  6.15  6.20  3,600 
11/15/2024 5.88  6.29  5.78  6.25  24,038 
11/14/2024 5.87  6.01  5.80  5.87  13,101 
11/13/2024 5.91  5.96  5.89  5.92  3,268 
11/12/2024 6.00  6.00  5.91  5.95  4,226 
11/11/2024 5.92  6.19  5.90  6.06  9,436 
11/08/2024 6.24  6.24  6.00  6.10  12,175 
11/07/2024 6.29  6.31  5.99  6.18  16,995 
11/06/2024 6.02  6.02  5.79  5.95  3,215 
11/05/2024 6.00  6.20  5.80  5.84  10,875 
11/04/2024 5.99  5.99  5.85  5.85  7,988 
11/01/2024 6.21  6.36  5.80  5.94  16,951 
10/31/2024 6.11  6.30  6.03  6.13  7,465 
10/30/2024 6.05  6.22  6.00  6.10  9,039 
10/29/2024 6.05  6.24  6.05  6.24  808.00 
10/28/2024 6.12  6.57  5.99  6.12  17,298 
10/25/2024 6.10  6.10  6.10  6.10  676.00 
10/24/2024 5.94  6.04  5.85  5.95  8,052 
10/23/2024 5.82  6.02  5.82  5.89  8,394 
10/22/2024 5.89  5.94  5.85  5.94  3,840 
10/21/2024 5.88  6.05  5.74  5.98  6,741 
10/18/2024 6.05  6.18  5.94  5.94  1,816 
10/17/2024 5.85  6.04  5.85  5.96  1,714 
10/16/2024 6.03  6.24  5.89  5.89  12,458 
10/15/2024 6.39  6.39  5.99  6.01  5,432 
10/14/2024 6.25  6.35  6.10  6.11  2,001 
10/11/2024 6.09  6.25  6.07  6.11  9,033 
10/10/2024 6.09  6.43  6.09  6.21  6,926 
10/09/2024 6.32  6.43  6.10  6.21  5,916 
10/08/2024 6.25  6.45  6.10  6.24  6,723 
10/07/2024 6.35  6.98  6.20  6.49  43,195 
10/04/2024 5.69  6.43  5.69  6.35  43,133 
10/03/2024 5.78  5.98  5.61  5.80  36,654 
10/02/2024 5.88  5.96  5.64  5.74  15,746 
10/01/2024 5.64  5.89  5.64  5.80  14,906 
09/30/2024 5.79  5.79  5.65  5.67  2,763 
09/27/2024 5.77  5.84  5.75  5.75  4,690 
09/26/2024 5.88  5.96  5.64  5.78  21,645 
09/25/2024 5.99  5.99  5.78  5.78  5,056 
09/24/2024 5.76  5.86  5.74  5.85  9,520 
09/23/2024 5.99  5.99  5.84  5.89  7,172 
09/20/2024 6.01  6.01  5.85  5.89  5,371 
09/19/2024 5.78  5.97  5.78  5.87  2,209 
09/18/2024 5.69  5.87  5.65  5.78  17,021 
09/17/2024 5.68  5.90  5.59  5.70  13,173 
09/16/2024 5.69  5.91  5.60  5.73  12,646 
09/13/2024 5.86  5.92  5.72  5.76  8,163 
09/12/2024 5.81  6.17  5.75  5.98  17,678 
09/11/2024 5.95  5.95  5.79  5.80  12,403 
09/10/2024 6.20  6.20  5.86  5.93  6,821 
09/09/2024 6.08  6.29  5.95  6.09  13,060 
09/06/2024 6.13  6.20  6.13  6.19  2,187 
09/05/2024 6.50  6.50  6.12  6.31  11,738 
09/04/2024 6.45  6.68  6.44  6.50  4,959 
09/03/2024 6.38  6.49  6.25  6.35  14,746 
08/30/2024 6.33  6.55  6.32  6.33  2,908 
08/29/2024 6.37  6.48  6.25  6.48  5,771 
08/28/2024 6.36  6.41  6.19  6.27  9,085 

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 ReportedProjected for Next Year
Common Stock Shares Outstanding2.1 M2.1 M
Net Income Applicable To Common Shares3.3 M4.6 M

Mesa Royalty Quarterly Net Working Capital

1.82 Million

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.
A focus of Mesa Royalty technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mesa Royalty trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.

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.