Methode Electronics Stock Price on October 29, 2024
MEI Stock | USD 10.92 0.19 1.77% |
Below is the normalized historical share price chart for Methode Electronics extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Methode Electronics stands at 10.92, as last reported on the 30th of November, with the highest price reaching 11.09 and the lowest price hitting 10.75 during the day.
If you're considering investing in Methode Stock, it is important to understand the factors that can impact its price. Methode Electronics appears to be not too volatile, given 3 months investment horizon. Methode Electronics has Sharpe Ratio of 0.0644, which conveys that the firm had a 0.0644% return per unit of risk over the last 3 months. We have found thirty technical indicators for Methode Electronics, which you can use to evaluate the volatility of the firm. Please exercise Methode Electronics' Risk Adjusted Performance of 0.046, downside deviation of 3.32, and Mean Deviation of 2.67 to check out if our risk estimates are consistent with your expectations.
As of now, Methode Electronics' Common Stock Shares Outstanding is increasing as compared to previous years. The Methode Electronics' current Common Stock is estimated to increase to about 19.1 M, while Total Stockholder Equity is projected to decrease to under 231.8 M. . As of now, Methode Electronics' Price To Operating Cash Flows Ratio is increasing as compared to previous years. The Methode Electronics' current Price To Free Cash Flows Ratio is estimated to increase to 27.32, while Price Earnings To Growth Ratio is projected to decrease to (1.09). Methode Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of March 1990 | 200 Day MA 11.9308 | 50 Day MA 10.3814 | Beta 0.756 |
Methode |
Sharpe Ratio = 0.0644
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Estimated Market Risk
3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Methode Electronics is performing at about 5% 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 Methode Electronics by adding it to a well-diversified portfolio.
Price Book 0.517 | Enterprise Value Ebitda 48.5732 | Price Sales 0.3553 | Shares Float 34.2 M | Dividend Share 0.56 |
Methode Electronics Valuation on October 29, 2024
It is possible to determine the worth of Methode Electronics on a given historical date. On October 29, 2024 Methode was worth 9.45 at the beginning of the trading date compared to the closed value of 9.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Methode Electronics stock. Still, in general, we apply an absolute valuation method to find Methode Electronics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Methode Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Methode Electronics' related companies.
Open | High | Low | Close | Volume | |
9.31 | 9.63 | 9.26 | 9.53 | 325,818 | |
10/29/2024 | 9.45 | 9.56 | 9.28 | 9.43 | 236,345 |
9.34 | 9.57 | 9.21 | 9.23 | 328,422 |
Backtest Methode Electronics | | | Methode Electronics History | | | Methode Electronics Valuation | Previous | Next |
Methode Electronics Trading Date Momentum on October 29, 2024
On October 30 2024 Methode Electronics was traded for 9.23 at the closing time. Highest Methode Electronics's price during the trading hours was 9.57 and the lowest price during the day was 9.21 . The net volume was 328.4 K. The overall trading history on the 30th of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.12% . The trading delta at closing time to current price is 8.48% . |
Methode Electronics Fundamentals Correlations and Trends
By evaluating Methode Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Methode Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Methode financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Methode Electronics Stock history
Methode Electronics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Methode is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Methode Electronics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Methode Electronics stock prices may prove useful in developing a viable investing in Methode Electronics
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 35.5 M | 36.9 M | |
Net Income Applicable To Common Shares | 88.7 M | 58.7 M |
Methode Electronics Quarterly Net Working Capital |
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Methode Electronics Stock Technical Analysis
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.
Price Boundaries
Methode Electronics Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Methode Electronics cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Methode Electronics November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Methode Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Methode Electronics shares will generate the highest return on investment. By undertsting and applying Methode Electronics stock market strength indicators, traders can identify Methode Electronics entry and exit signals to maximize returns
Methode Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Methode Electronics' price direction in advance. Along with the technical and fundamental analysis of Methode Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Methode to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.046 | |||
Jensen Alpha | 0.1378 | |||
Total Risk Alpha | (0.43) | |||
Sortino Ratio | 0.013 | |||
Treynor Ratio | 0.6603 |
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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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