Montrose Environmental Grp Stock Alpha and Beta Analysis
| MEG Stock | USD 19.25 1.36 7.60% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Montrose Environmental Grp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Montrose Environmental over a specified time horizon. Remember, high Montrose Environmental's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Montrose Environmental's market risk premium analysis include:
Beta 0.61 | Alpha (0.74) | Risk 4.93 | Sharpe Ratio (0.14) | Expected Return (0.69) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Montrose Environmental Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Montrose Environmental market risk premium is the additional return an investor will receive from holding Montrose Environmental long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Montrose Environmental. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Montrose Environmental's performance over market.| α | -0.74 | β | 0.61 |
Montrose Environmental expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Montrose Environmental's Buy-and-hold return. Our buy-and-hold chart shows how Montrose Environmental performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Montrose Environmental Market Price Analysis
Market price analysis indicators help investors to evaluate how Montrose Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Montrose Environmental shares will generate the highest return on investment. By understating and applying Montrose Environmental stock market price indicators, traders can identify Montrose Environmental position entry and exit signals to maximize returns.
Montrose Environmental Return and Market Media
The median price of Montrose Environmental for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 26.89 with a coefficient of variation of 16.95. The daily time series for the period is distributed with a sample standard deviation of 4.37, arithmetic mean of 25.75, and mean deviation of 3.61. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Heres Why Montrose Environmental Group Can Afford Some Debt | 10/01/2024 |
2 | Acquisition by Joshua LeMaire of 35503 shares of Montrose Environmental at 44.11 subject to Rule 16b-3 | 10/04/2024 |
3 | Montrose Environmental Group Announces Timing of Third Quarter 2024 Results and Conference Call | 10/23/2024 |
4 | Acquisition by Nasym Afsari of 23277 shares of Montrose Environmental at 6.03 subject to Rule 16b-3 | 10/25/2024 |
5 | Republic Services Surpasses Q3 Earnings Estimates | 10/29/2024 |
6 | What To Expect From Montroses Q3 Earnings | 11/05/2024 |
7 | MEG Energy Share Price Passes Above Fifty Day Moving Average Whats Next | 11/06/2024 |
8 | Montrose Environmental stock outlook dims as JPMorgan revises forecasts | 11/08/2024 |
9 | MONTROSE ENVIRONMENTAL GROUP TO ATTEND THE BAIRD 2024 GLOBAL INDUSTRIAL CONFERENCE | 11/11/2024 |
10 | Montrose Environmental Group Inc Shares Down 5.56 percent on Nov 19 | 11/19/2024 |
11 | Acquisition by Presby J Thomas of 5000 shares of Montrose Environmental at 19.77 subject to Rule 16b-3 | 11/21/2024 |
12 | Montrose Environmental Group, Inc. Analysts Are Bullish on This Waste Management Stock | 11/22/2024 |
About Montrose Environmental Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Montrose or other stocks. Alpha measures the amount that position in Montrose Environmental has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.008703 | 0.0124 | 0.017 | 0.00944 | Price To Sales Ratio | 3.45 | 2.42 | 1.55 | 2.67 |
Montrose Environmental Upcoming Company Events
As portrayed in its financial statements, the presentation of Montrose Environmental's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Montrose Environmental's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Montrose Environmental's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Montrose Environmental. Please utilize our Beneish M Score to check the likelihood of Montrose Environmental's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Montrose Environmental
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Montrose Environmental Backtesting, Montrose Environmental Valuation, Montrose Environmental Correlation, Montrose Environmental Hype Analysis, Montrose Environmental Volatility, Montrose Environmental History and analyze Montrose Environmental Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Montrose Environmental 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.