Methode Electronics Stock Technical Analysis
MEI Stock | USD 10.47 0.75 7.72% |
As of the 25th of November, Methode Electronics secures the Mean Deviation of 2.78, risk adjusted performance of 0.0437, and Downside Deviation of 3.27. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Methode Electronics, as well as the relationship between them.
Methode Electronics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Methode, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MethodeMethode |
Methode Electronics Analyst Consensus
Target Price | Advice | # of Analysts | |
39.0 | Hold | 4 | Odds |
Most Methode analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Methode stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Methode Electronics, talking to its executives and customers, or listening to Methode conference calls.
Methode Electronics 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.
Methode Electronics Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Methode Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Methode Electronics Trend Analysis
Use this graph to draw trend lines for Methode Electronics. You can use it to identify possible trend reversals for Methode Electronics as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Methode Electronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Methode Electronics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Methode Electronics applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in Methode Electronics will continue to fail. It has 122 observation points and a regression sum of squares at 13.24, which is the sum of squared deviations for the predicted Methode Electronics price change compared to its average price change.About Methode Electronics Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Methode Electronics on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Methode Electronics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Methode Electronics price pattern first instead of the macroeconomic environment surrounding Methode Electronics. By analyzing Methode Electronics's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Methode Electronics's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Methode Electronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
2010 | 2011 | 2021 | 2024 (projected) | Dividend Yield | 0.0254 | 0.0102 | 0.0459 | 0.0123 | Price To Sales Ratio | 1.08 | 1.57 | 0.39 | 1.43 |
Methode Electronics November 25, 2024 Technical Indicators
Most technical analysis of Methode 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 Methode from various momentum indicators to cycle indicators. When you analyze Methode charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0437 | |||
Market Risk Adjusted Performance | 0.057 | |||
Mean Deviation | 2.78 | |||
Semi Deviation | 3.2 | |||
Downside Deviation | 3.27 | |||
Coefficient Of Variation | 2144.98 | |||
Standard Deviation | 3.75 | |||
Variance | 14.08 | |||
Information Ratio | 0.0118 | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.43) | |||
Sortino Ratio | 0.0135 | |||
Treynor Ratio | 0.047 | |||
Maximum Drawdown | 18.54 | |||
Value At Risk | (5.30) | |||
Potential Upside | 7.64 | |||
Downside Variance | 10.7 | |||
Semi Variance | 10.21 | |||
Expected Short fall | (3.24) | |||
Skewness | 0.5184 | |||
Kurtosis | 0.6695 |
Complementary Tools for Methode Stock analysis
When running Methode Electronics' price analysis, check to measure Methode Electronics' 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 Methode Electronics is operating at the current time. Most of Methode Electronics' value examination focuses on studying past and present price action to predict the probability of Methode Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methode Electronics' price. Additionally, you may evaluate how the addition of Methode Electronics to your portfolios can decrease your overall portfolio volatility.
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