Manitex International Stock Performance

MNTX Stock  USD 5.74  0.01  0.17%   
On a scale of 0 to 100, Manitex International holds a performance score of 8. The company secures a Beta (Market Risk) of 0.98, which conveys possible diversification benefits within a given portfolio. Manitex International returns are very sensitive to returns on the market. As the market goes up or down, Manitex International is expected to follow. Please check Manitex International's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Manitex International's current price movements will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Manitex International are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady basic indicators, Manitex International showed solid returns over the last few months and may actually be approaching a breakup point. ...more

Actual Historical Performance (%)

One Day Return
(0.09)
Five Day Return
(0.09)
Year To Date Return
(29.28)
Ten Year Return
(50.47)
All Time Return
(16.88)
1
Acquisition by Knox Frederick B of 9000 shares of Manitex International subject to Rule 16b-3
08/30/2024
2
Earnings are growing at Manitex International but shareholders still dont like its prospects
09/05/2024
3
Manitex International signs dealership agreement with first fleet truck sales
09/09/2024
4
Manitex International Enters Into Definitive Agreement to Be Acquired by Tadano for 5.80 Per Share
09/12/2024
5
Disposition of 1875 shares by Langevin David J of Manitex International at 4.82 subject to Rule 16b-3
09/23/2024
6
Manitex International Research Coverage Started at StockNews.com
09/26/2024
7
Hubbell Surpasses Q3 Earnings Estimates
10/29/2024
8
Manitex Q3 Earnings Snapshot
11/07/2024
9
Manitex International Reports Third Quarter 2024 Financial Results
11/08/2024
Begin Period Cash Flow8.2 M
  

Manitex International Relative Risk vs. Return Landscape

If you would invest  422.00  in Manitex International on August 27, 2024 and sell it today you would earn a total of  152.00  from holding Manitex International or generate 36.02% return on investment over 90 days. Manitex International is currently generating 0.6277% in daily expected returns and assumes 6.1591% risk (volatility on return distribution) over the 90 days horizon. In different words, 54% of stocks are less volatile than Manitex, and 88% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Manitex International is expected to generate 8.01 times more return on investment than the market. However, the company is 8.01 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.15 per unit of risk.

Manitex International Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Manitex International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Manitex International, and traders can use it to determine the average amount a Manitex International'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 = 0.1019

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Estimated Market Risk

 6.16
  actual daily
54
54% of assets are less volatile

Expected Return

 0.63
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
8
92% of assets perform better
Based on monthly moving average Manitex International is performing at about 8% 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 Manitex International by adding it to a well-diversified portfolio.

Manitex International Fundamentals Growth

Manitex Stock prices reflect investors' perceptions of the future prospects and financial health of Manitex International, and Manitex International 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 Manitex Stock performance.

About Manitex International Performance

Evaluating Manitex International's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Manitex International 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 Manitex International has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 131.21  103.62 
Return On Tangible Assets 0.04  0.04 
Return On Capital Employed 0.10  0.10 
Return On Assets 0.03  0.03 
Return On Equity 0.11  0.11 

Things to note about Manitex International performance evaluation

Checking the ongoing alerts about Manitex International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Manitex International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Manitex International is way too risky over 90 days horizon
Manitex International appears to be risky and price may revert if volatility continues
Manitex International is unlikely to experience financial distress in the next 2 years
Manitex International has a strong financial position based on the latest SEC filings
About 55.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: Manitex International Reports Third Quarter 2024 Financial Results
Evaluating Manitex International's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Manitex International's stock performance include:
  • Analyzing Manitex International'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 Manitex International's stock is overvalued or undervalued compared to its peers.
  • Examining Manitex International'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 Manitex International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Manitex International's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Manitex International's stock. These opinions can provide insight into Manitex International's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Manitex International's stock performance is not an exact science, and many factors can impact Manitex International's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Additional Tools for Manitex Stock Analysis

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