Manitex International Stock Alpha and Beta Analysis
| MNTX Stock | USD 5.73 0.01 0.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Manitex International. It also helps investors analyze the systematic and unsystematic risks associated with investing in Manitex International over a specified time horizon. Remember, high Manitex International'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 Manitex International's market risk premium analysis include:
Beta 0.98 | Alpha 0.56 | Risk 6.22 | Sharpe Ratio 0.0956 | Expected Return 0.59 |
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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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Manitex International Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Manitex International market risk premium is the additional return an investor will receive from holding Manitex International 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 Manitex International. 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 Manitex International's performance over market.| α | 0.56 | β | 0.98 |
Manitex International 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 Manitex International's Buy-and-hold return. Our buy-and-hold chart shows how Manitex International performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Manitex International Market Price Analysis
Market price analysis indicators help investors to evaluate how Manitex International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manitex International shares will generate the highest return on investment. By understating and applying Manitex International stock market price indicators, traders can identify Manitex International position entry and exit signals to maximize returns.
Manitex International Return and Market Media
The median price of Manitex International for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 5.66 with a coefficient of variation of 13.7. The daily time series for the period is distributed with a sample standard deviation of 0.72, arithmetic mean of 5.27, and mean deviation of 0.61. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Knox Frederick B of 6000 shares of Manitex International subject to Rule 16b-3 | 08/28/2024 |
2 | Acquisition by Knox Frederick B of 9000 shares of Manitex International subject to Rule 16b-3 | 08/30/2024 |
3 | Insider Trading | 09/05/2024 |
4 | Disposition of 1875 shares by Langevin David J of Manitex International at 4.82 subject to Rule 16b-3 | 09/09/2024 |
5 | Manitex International Enters Into Definitive Agreement to Be Acquired by Tadano for 5.80 Per Share | 09/12/2024 |
6 | Truck Cranes Market is Projected to Reach US 14.9 Billion with a Steady 5 percent CAGR by 2033 Fact.MR Report | 10/21/2024 |
7 | Manitex International Reports Third Quarter 2024 Results | 11/07/2024 |
8 | Royce Associates LP Lowers Holdings in Manitex International, Inc. - MarketBeat | 11/20/2024 |
About Manitex International 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 Manitex or other stocks. Alpha measures the amount that position in Manitex International 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) | Payables Turnover | 4.05 | 4.9 | 4.81 | 6.46 | Days Of Inventory On Hand | 132.76 | 113.82 | 131.21 | 103.62 |
Manitex International Upcoming Company Events
As portrayed in its financial statements, the presentation of Manitex International's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Manitex International's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Manitex International's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Manitex International. Please utilize our Beneish M Score to check the likelihood of Manitex International's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.