Methanex Stock Buy Hold or Sell Recommendation

MX Stock  CAD 54.21  1.10  2.07%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Methanex is 'Hold'. The recommendation algorithm takes into account all of Methanex's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Methanex Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.
In addition, we conduct extensive research on individual companies such as Methanex and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Methanex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Execute Methanex Buy or Sell Advice

The Methanex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Methanex. Macroaxis does not own or have any residual interests in Methanex or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Methanex's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell MethanexBuy Methanex
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Methanex has a Risk Adjusted Performance of (0.10), Jensen Alpha of (0.17), Total Risk Alpha of (0.01) and Treynor Ratio of (0.25)
Our trade recommendations module provides unbiased advice that can be used to complement current average analyst sentiment on Methanex. Our trade recommendations engine provides an advice for the company potential to grow from the perspective of an investor's risk tolerance and investing horizon. To make sure Methanex is not overpriced, please verify all Methanex fundamentals, including its gross profit, short ratio, annual yield, as well as the relationship between the total debt and beta .

Methanex Trading Alerts and Improvement Suggestions

Methanex generated a negative expected return over the last 90 days
Over 84.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Steward Partners Investment Advisory LLC Increases Stock Position in Methanex Co. - Defense World

Methanex Returns Distribution Density

The distribution of Methanex's historical returns is an attempt to chart the uncertainty of Methanex's future price movements. The chart of the probability distribution of Methanex daily returns describes the distribution of returns around its average expected value. We use Methanex price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Methanex returns is essential to provide solid investment advice for Methanex.
Mean Return
-0.3
Value At Risk
-3.51
Potential Upside
2.56
Standard Deviation
2.38
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Methanex historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Methanex Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Methanex or Chemicals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Methanex's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Methanex stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.17
β
Beta against Dow Jones1.23
σ
Overall volatility
2.44
Ir
Information ratio -0.08

Methanex Volatility Alert

Methanex exhibits very low volatility with skewness of -2.16 and kurtosis of 9.61. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Methanex's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Methanex's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Methanex Fundamentals Vs Peers

Comparing Methanex's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Methanex's direct or indirect competition across all of the common fundamentals between Methanex and the related equities. This way, we can detect undervalued stocks with similar characteristics as Methanex or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Methanex's fundamental indicators could also be used in its relative valuation, which is a method of valuing Methanex by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Methanex to competition
FundamentalsMethanexPeer Average
Return On Equity0.11-0.31
Return On Asset0.0411-0.14
Profit Margin0.04 %(1.27) %
Operating Margin0.16 %(5.51) %
Current Valuation6.94 B16.62 B
Shares Outstanding67.4 M571.82 M
Shares Owned By Insiders0.39 %10.09 %
Shares Owned By Institutions83.69 %39.21 %
Number Of Shares Shorted371.02 K4.71 M
Price To Earning4.86 X28.72 X
Price To Book1.18 X9.51 X
Price To Sales0.98 X11.42 X
Revenue3.72 B9.43 B
Gross Profit801.72 M27.38 B
EBITDA661.33 M3.9 B
Net Income163.99 M570.98 M
Cash And Equivalents857.75 M2.7 B
Cash Per Share13.69 X5.01 X
Total Debt13.73 M5.32 B
Debt To Equity1.21 %48.70 %
Current Ratio2.15 X2.16 X
Book Value Per Share31.06 X1.93 K
Cash Flow From Operations737.18 M971.22 M
Short Ratio2.76 X4.00 X
Earnings Per Share3.45 X3.12 X
Price To Earnings To Growth0.99 X4.89 X
Target Price78.29
Number Of Employees1.42 K18.84 K
Beta1.84-0.15
Market Capitalization3.65 B19.03 B
Total Asset6.6 B29.47 B
Retained Earnings1.63 B9.33 B
Working Capital1.18 B1.48 B

Methanex Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Methanex . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Methanex Buy or Sell Advice

When is the right time to buy or sell Methanex? Buying financial instruments such as Methanex Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Methanex in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Long Short Funds Thematic Idea Now

Long Short Funds
Long Short Funds Theme
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:
Check out Methanex Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Methanex Stock, please use our How to Invest in Methanex guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Please note, there is a significant difference between Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.