Mesa Air Group Stock Price on November 8, 2024

MESA Stock  USD 1.13  0.04  3.67%   
Below is the normalized historical share price chart for Mesa Air Group extending back to August 10, 2018. 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 Air stands at 1.13, as last reported on the 21st of December, with the highest price reaching 1.17 and the lowest price hitting 1.05 during the day.
IPO Date
10th of August 2018
200 Day MA
1.1377
50 Day MA
0.986
Beta
3.123
 
Covid
If you're considering investing in Mesa Stock, it is important to understand the factors that can impact its price. At this point, Mesa Air is dangerous. Mesa Air Group has Sharpe Ratio of 0.0163, which conveys that the firm had a 0.0163% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Mesa Air, which you can use to evaluate the volatility of the firm. Please verify Mesa Air's Mean Deviation of 3.03, risk adjusted performance of 0.0033, and Standard Deviation of 4.47 to check out if the risk estimate we provide is consistent with the expected return of 0.0728%.
  
The current year's Stock Based Compensation is expected to grow to about 3.6 M, whereas Total Stockholder Equity is forecasted to decline to about 220.8 M. . At present, Mesa Air's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 0.19, whereas Price To Sales Ratio is forecasted to decline to 0.07. Mesa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0163

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Estimated Market Risk

 4.47
  actual daily
39
61% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Mesa Air is performing at about 1% 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 Air by adding it to a well-diversified portfolio.
Price Book
0.3461
Enterprise Value Ebitda
(29.13)
Price Sales
0.0982
Shares Float
32.4 M
Wall Street Target Price
2

Mesa Air Main Headline on 8th of November 2024

Mesa, Nov. 07, 2024 -- Mesa, Arizona - Mesa, AZ Seat Covers Unlimited, a leading provider of high-quality custom seat covers, is excited to announce the launch of its newly redesigned website built on the Shopify platform. The revamped website offers customers a more accessible and intuitive way to navigate and purchase from the companys extensive selection of seat covers for cars, trucks, and SUVs. With a history spanning nearly 40 years, Seat Covers Unlimited has been dedic

Mesa Air Valuation on November 8, 2024

It is possible to determine the worth of Mesa Air on a given historical date. On November 8, 2024 Mesa was worth 0.88 at the beginning of the trading date compared to the closed value of 0.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mesa Air stock. Still, in general, we apply an absolute valuation method to find Mesa Air'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 Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mesa Air's related companies.
 Open High Low Close Volume
  0.90    0.91    0.85    0.88    239,462  
11/08/2024
  0.88    0.94    0.87    0.92    285,892  
  0.92    0.95    0.89    0.94    272,327  
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Open Value
0.88
0.92
Closing Value
14.28
Upside

Mesa Air Trading Date Momentum on November 8, 2024

On November 11 2024 Mesa Air Group was traded for  0.94  at the closing time. The top price for the day was 0.95  and the lowest listed price was  0.89 . The trading volume for the day was 272.3 K. The trading history from November 11, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 2.17% . The trading delta at closing time against the current closing price is 7.61% .

Mesa Air Group Fundamentals Correlations and Trends

By evaluating Mesa Air'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 Air'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 Air Stock history

Mesa Air 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 Air Group 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 Air stock prices may prove useful in developing a viable investing in Mesa Air
Last ReportedProjected for Next Year
Common Stock Shares Outstanding45.4 M34 M
Net Loss-164.4 M-156.2 M

Mesa Air Stock Technical Analysis

Mesa Air 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 Air technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mesa Air 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 Air Period Price Range

Low
December 21, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mesa Air Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Air December 21, 2024 Market Strength

Market strength indicators help investors to evaluate how Mesa Air 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 Air shares will generate the highest return on investment. By undertsting and applying Mesa Air stock market strength indicators, traders can identify Mesa Air Group entry and exit signals to maximize returns

Mesa Air Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mesa Air'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.

Complementary Tools for Mesa Stock analysis

When running Mesa Air's price analysis, check to measure Mesa Air'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 Air is operating at the current time. Most of Mesa Air's value examination focuses on studying past and present price action to predict the probability of Mesa Air'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 Air's price. Additionally, you may evaluate how the addition of Mesa Air to your portfolios can decrease your overall portfolio volatility.
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