Meritage Stock Forecast - Daily Balance Of Power

MTH Stock  USD 152.87  3.23  2.07%   
Meritage Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Meritage's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Meritage's current Fixed Asset Turnover is estimated to increase to 131.66, while Inventory Turnover is projected to decrease to 0.82. . The Meritage's current Net Income Applicable To Common Shares is estimated to increase to about 1.2 B, while Common Stock Shares Outstanding is projected to decrease to under 32.7 M.
On December 24, 2024 Meritage had Daily Balance Of Power of 0.8571. Balance of Power indicator (or BOP) measures the strength of Meritage market sensitivity to bulls and bears. It estimates the ability of Meritage buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Meritage Balance of Power indicator one can determine a trend of the price direction.
Check Meritage VolatilityBacktest MeritageTrend Details  

Meritage Trading Date Momentum

On December 26 2024 Meritage was traded for  156.10  at the closing time. Highest Meritage's price during the trading hours was 156.92  and the lowest price during the day was  153.40 . The net volume was 230.3 K. The overall trading history on the 26th of December did not cause price change. The trading delta at closing time to current price is 0.00% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Meritage to competition

Other Forecasting Options for Meritage

For every potential investor in Meritage, whether a beginner or expert, Meritage's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Meritage Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Meritage. Basic forecasting techniques help filter out the noise by identifying Meritage's price trends.

Meritage Related Equities

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 Meritage stock to make a market-neutral strategy. Peer analysis of Meritage could also be used in its relative valuation, which is a method of valuing Meritage by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Meritage Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Meritage's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Meritage's current price.

Meritage Market Strength Events

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

Meritage Risk Indicators

The analysis of Meritage's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Meritage's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting meritage stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage'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 Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
Check out Historical Fundamental Analysis of Meritage to cross-verify your projections.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Dividend Share
2.52
Earnings Share
22.1
Revenue Per Share
177.112
Quarterly Revenue Growth
(0.01)
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage'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.