Mesa Air Group Stock Performance
| MESA Stock | USD 0.87 0.01 1.16% |
The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mesa Air's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mesa Air is expected to be smaller as well. At this point, Mesa Air Group has a negative expected return of -0.55%. Please make sure to verify Mesa Air's skewness and the relationship between the daily balance of power and relative strength index , to decide if Mesa Air Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Mesa Air Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
1 | Mesa Quantum Announces 3.75M in Seed Funding | 09/05/2024 |
2 | VGXI to Attend Alliance for Regenerative Medicine Annual Meeting on the Mesa | 09/18/2024 |
3 | Options Medical Weight Loss Expands to Mesa, Ariz. and Invites Community to Grand Opening Event | 10/09/2024 |
4 | Mesa Air reports Q3 adjusted EPS vs. last year - Yahoo Finance | 10/17/2024 |
5 | Nucleus RadioPharma Expands Radiopharmaceutical Research, Development and Manufacturing Capacity, Addressing Nationwide Supply Chain Constraints | 10/21/2024 |
6 | 2 kids killed in four-car crash on Loop 202 in Mesa | 10/23/2024 |
7 | Disposition of 15723 shares by Bradford Rich of Mesa Air subject to Rule 16b-3 | 10/25/2024 |
8 | Seat Covers Unlimited Launches New Shopify-Based Website, Enhancing Customer Experience Making Buying Seat Covers Easy | 11/08/2024 |
9 | GI Alliance Highlights GERD Awareness Week | 11/20/2024 |
| Begin Period Cash Flow | 61 M |
Mesa |
Mesa Air Relative Risk vs. Return Landscape
If you would invest 131.00 in Mesa Air Group on August 26, 2024 and sell it today you would lose (44.00) from holding Mesa Air Group or give up 33.59% of portfolio value over 90 days. Mesa Air Group is currently does not generate positive expected returns and assumes 3.7887% risk (volatility on return distribution) over the 90 days horizon. In different words, 33% of stocks are less volatile than Mesa, 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 |
Mesa Air Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mesa Air's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mesa Air Group, and traders can use it to determine the average amount a Mesa Air'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 = -0.1463
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| Negative Returns | MESA |
Estimated Market Risk
| 3.79 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mesa Air 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 Mesa Air by adding Mesa Air to a well-diversified portfolio.
Mesa Air Fundamentals Growth
Mesa Stock prices reflect investors' perceptions of the future prospects and financial health of Mesa Air, and Mesa Air 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 Mesa Stock performance.
| Return On Equity | -0.52 | ||||
| Return On Asset | -0.0111 | ||||
| Profit Margin | (0.20) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 384.41 M | ||||
| Shares Outstanding | 41.31 M | ||||
| Price To Earning | 1.46 X | ||||
| Price To Book | 0.27 X | ||||
| Price To Sales | 0.08 X | ||||
| Revenue | 498.06 M | ||||
| Gross Profit | 115.04 M | ||||
| EBITDA | (18.58 M) | ||||
| Net Income | (120.12 M) | ||||
| Cash And Equivalents | 54.45 M | ||||
| Cash Per Share | 1.50 X | ||||
| Total Debt | 541.01 M | ||||
| Debt To Equity | 1.59 % | ||||
| Current Ratio | 0.40 X | ||||
| Book Value Per Share | 3.27 X | ||||
| Cash Flow From Operations | (24.09 M) | ||||
| Earnings Per Share | (2.30) X | ||||
| Market Capitalization | 35.96 M | ||||
| Total Asset | 898.47 M | ||||
| Retained Earnings | (71.12 M) | ||||
| Working Capital | (129.32 M) | ||||
| Current Asset | 150.29 M | ||||
| Current Liabilities | 243.77 M | ||||
About Mesa Air Performance
By analyzing Mesa Air's fundamental ratios, stakeholders can gain valuable insights into Mesa Air's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mesa Air 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 Mesa Air 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 | 25.42 | 23.52 | |
| Return On Tangible Assets | (0.13) | (0.15) | |
| Return On Capital Employed | (0.13) | (0.15) | |
| Return On Assets | (0.13) | (0.15) | |
| Return On Equity | (0.69) | (0.66) |
Things to note about Mesa Air Group performance evaluation
Checking the ongoing alerts about Mesa Air for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mesa Air Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mesa Air Group generated a negative expected return over the last 90 days | |
| Mesa Air Group has some characteristics of a very speculative penny stock | |
| Mesa Air Group has high historical volatility and very poor performance | |
| Mesa Air Group currently holds 541.01 M in liabilities with Debt to Equity (D/E) ratio of 1.59, which is about average as compared to similar companies. Mesa Air Group has a current ratio of 0.39, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Mesa Air's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 498.06 M. Net Loss for the year was (120.12 M) with profit before overhead, payroll, taxes, and interest of 115.04 M. | |
| Mesa Air Group currently holds about 54.45 M in cash with (24.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.5, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Mesa Air Group has a frail financial position based on the latest SEC disclosures | |
| Roughly 22.0% of Mesa Air outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: GI Alliance Highlights GERD Awareness Week |
- Analyzing Mesa Air'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 Mesa Air's stock is overvalued or undervalued compared to its peers.
- Examining Mesa Air'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 Mesa Air's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mesa Air's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mesa Air's stock. These opinions can provide insight into Mesa Air's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mesa Stock analysis
When running Mesa Air's price analysis, check to measure Mesa Air'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 Air is operating at the current time. Most of Mesa Air's value examination focuses on studying past and present price action to predict the probability of Mesa Air'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 Air's price. Additionally, you may evaluate how the addition of Mesa Air to your portfolios can decrease your overall portfolio volatility.
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