Mge Energy Stock Math Transform Sinh Values Of Price Series

MGEE Stock  USD 104.28  0.48  0.46%   
MGE Energy math transform tool provides the execution environment for running the Sinh Values Of Price Series transformation and other technical functions against MGE Energy. MGE Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of math transform indicators. As with most other technical indicators, the Sinh Values Of Price Series transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in MGE Energy can be made when MGE Energy shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. MGE Energy Sinh Values Of Price Series is a hyperbolic price transformation function.

MGE Energy Technical Analysis Modules

Most technical analysis of MGE Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MGE from various momentum indicators to cycle indicators. When you analyze MGE charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About MGE Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MGE Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of MGE Energy based on widely used predictive technical indicators. In general, we focus on analyzing MGE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MGE Energy's daily price indicators and compare them against related drivers, such as math transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of MGE Energy's intrinsic value. In addition to deriving basic predictive indicators for MGE Energy, we also check how macroeconomic factors affect MGE Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01840.02260.02310.0417
Price To Sales Ratio4.93.563.793.98
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MGE Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
103.01104.60106.19
Details
Intrinsic
Valuation
LowRealHigh
92.2493.83115.24
Details
1 Analysts
Consensus
LowTargetHigh
62.3468.5076.04
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.960.960.96
Details

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MGE Energy pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MGE Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MGE Energy will appreciate offsetting losses from the drop in the long position's value.

MGE Energy Pair Trading

MGE Energy Pair Trading Analysis

The ability to find closely correlated positions to MGE Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MGE Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MGE Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MGE Energy to buy it.
The correlation of MGE Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MGE Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MGE Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MGE Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether MGE Energy is a strong investment it is important to analyze MGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGE Energy's future performance. For an informed investment choice regarding MGE Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGE Energy. If investors know MGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.079
Dividend Share
1.732
Earnings Share
3.27
Revenue Per Share
18.071
Quarterly Revenue Growth
0.05
The market value of MGE Energy is measured differently than its book value, which is the value of MGE that is recorded on the company's balance sheet. Investors also form their own opinion of MGE Energy's value that differs from its market value or its book value, called intrinsic value, which is MGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGE Energy's market value can be influenced by many factors that don't directly affect MGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.