Disposition of 88029 shares by Todd Butz of Mayville Engineering at 7.12 subject to Rule 16b-3

MEC Stock  USD 16.05  0.20  1.26%   
About 62% of all Mayville Engineering's shareholders are looking to take a long position. The analysis of overall sentiment of trading Mayville Engineering Co stock suggests that some investors are interested at this time. The current market sentiment, together with Mayville Engineering's historical and current headlines, can help investors time the market. In addition, many technical investors use Mayville Engineering stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Mayville Engineering Co Officer: Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Read at macroaxis.com
Disposition of 88029 stock option (right to buy) at 7.12 of Mayville Engineering by Todd Butz on 21st of August 2024. This event was filed by Mayville Engineering Co with SEC on 2024-08-21. Statement of changes in beneficial ownership - SEC Form 4. Todd Butz currently serves as chief financial officer, secretary of Mayville Engineering

Cash Flow Correlation

Mayville Engineering's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Mayville Engineering's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
Click cells to compare fundamentals

Mayville Engineering Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Mayville Engineering can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Mayville Engineering Fundamental Analysis

We analyze Mayville Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mayville Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mayville Engineering based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Beta

Beta Comparative Analysis

Mayville Engineering is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Mayville Engineering Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mayville Engineering stock to make a market-neutral strategy. Peer analysis of Mayville Engineering could also be used in its relative valuation, which is a method of valuing Mayville Engineering by comparing valuation metrics with similar companies.

Peers

Mayville Engineering Related Equities

GIFIGulf Island   1.87   
0%
65.0%
APAmpco Pittsburgh   1.48   
0%
52.0%
WORWorthington Industries   0.63   
0%
22.0%
ATIAllegheny Technologies   0.57   
0%
20.0%
RYIRyerson Holding   0.21   
0%
7.0%
ESABESAB Corp   1.08   
38.0%
0%
IIINInsteel Industries   1.57   
55.0%
0%
NWPXNorthwest Pipe   2.11   
74.0%
0%
CRSCarpenter Technology   2.84   
100.0%
0%

Complementary Tools for Mayville Stock analysis

When running Mayville Engineering's price analysis, check to measure Mayville Engineering'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 Mayville Engineering is operating at the current time. Most of Mayville Engineering's value examination focuses on studying past and present price action to predict the probability of Mayville Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayville Engineering's price. Additionally, you may evaluate how the addition of Mayville Engineering to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA