Mesa Royalty Trust Stock Price on December 19, 2024

MTR Stock  USD 6.11  0.27  4.23%   
Below is the normalized historical share price chart for Mesa Royalty Trust 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 Mesa Royalty stands at 6.11, as last reported on the 25th of December, with the highest price reaching 6.29 and the lowest price hitting 5.98 during the day.
IPO Date
30th of December 1987
200 Day MA
7.852
50 Day MA
6.3714
Beta
0.661
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mesa Stock, it is important to understand the factors that can impact its price. Currently, Mesa Royalty Trust is slightly risky. Mesa Royalty Trust has Sharpe Ratio of 0.0419, which conveys that the firm had a 0.0419% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mesa Royalty, which you can use to evaluate the volatility of the firm. Please verify Mesa Royalty's Risk Adjusted Performance of 0.0334, mean deviation of 2.1, and Downside Deviation of 2.25 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
  
As of 12/25/2024, Common Stock Total Equity is likely to grow to about 9.8 M, while Total Stockholder Equity is likely to drop slightly above 2.9 M. . As of 12/25/2024, Price Earnings Ratio is likely to grow to 15.36, while Price To Sales Ratio is likely to drop 6.89. Mesa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0419

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Estimated Market Risk

 3.38
  actual daily
30
70% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Mesa Royalty is performing at about 3% 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 Mesa Royalty by adding it to a well-diversified portfolio.
Price Book
3.6156
Enterprise Value Ebitda
17.7353
Price Sales
4.1807
Shares Float
1.9 M
Earnings Share
0.35

Mesa Royalty Main Headline on 19th of December 2024

On December 18, 2024, Mesa Royalty Trust issued a press release detailing the royalty income and income distribution for the month of December 2024. The Trust announced that unitholders of record on December 31, 2024, will be receiving distributions totaling 0.022423076 per unit, which are set to be payable on January 31, 2025.

Mesa Royalty Valuation on December 19, 2024

It is possible to determine the worth of Mesa Royalty on a given historical date. On December 19, 2024 Mesa was worth 6.33 at the beginning of the trading date compared to the closed value of 6.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mesa Royalty stock. Still, in general, we apply an absolute valuation method to find Mesa Royalty's 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 Mesa Royalty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mesa Royalty's related companies.
 Open High Low Close Volume
  6.32    6.44    6.09    6.33    16,196  
12/19/2024
  6.33    6.36    6.06    6.06    13,949  
  6.06    6.42    5.90    6.38    16,397  
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Open Value
6.33
6.06
Closing Value
16.47
Upside

Mesa Royalty Trading Date Momentum on December 19, 2024

On December 20 2024 Mesa Royalty Trust was traded for  6.38  at the closing time. Highest Mesa Royalty's price during the trading hours was 6.42  and the lowest price during the day was  5.90 . The net volume was 16.4 K. The overall trading history on the 20th of December contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 5.28% . The trading delta at closing time to current price is 0.99% .

Mesa Royalty Trust Fundamentals Correlations and Trends

By evaluating Mesa Royalty's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mesa Royalty's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mesa financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mesa Royalty Stock history

Mesa Royalty 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 Mesa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mesa Royalty Trust 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 Mesa Royalty stock prices may prove useful in developing a viable investing in Mesa Royalty
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.1 M2.1 M
Net Income Applicable To Common Shares3.3 M4.6 M

Mesa Royalty Quarterly Net Working Capital

1.82 Million

Mesa Royalty Stock Technical Analysis

Mesa Royalty 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.
A focus of Mesa Royalty technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mesa Royalty trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mesa Royalty Period Price Range

Low
December 25, 2024
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High

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Mesa Royalty Trust 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.

Mesa Royalty December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Mesa Royalty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mesa Royalty shares will generate the highest return on investment. By undertsting and applying Mesa Royalty stock market strength indicators, traders can identify Mesa Royalty Trust entry and exit signals to maximize returns

Mesa Royalty Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mesa Royalty's price direction in advance. Along with the technical and fundamental analysis of Mesa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mesa 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.

Additional Tools for Mesa Stock Analysis

When running Mesa Royalty's price analysis, check to measure Mesa Royalty'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 Mesa Royalty is operating at the current time. Most of Mesa Royalty's value examination focuses on studying past and present price action to predict the probability of Mesa Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesa Royalty's price. Additionally, you may evaluate how the addition of Mesa Royalty to your portfolios can decrease your overall portfolio volatility.