Mge Energy Stock Price on March 15, 2024
MGEE Stock | USD 89.44 1.02 1.13% |
If you're considering investing in MGE Stock, it is important to understand the factors that can impact its price. As of today, the current price of MGE Energy stands at 89.44, as last reported on the 17th of February 2025, with the highest price reaching 91.21 and the lowest price hitting 89.23 during the day. MGE Energy has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15 % return per unit of risk over the last 3 months. MGE Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MGE Energy's risk adjusted performance of (0.10), and Mean Deviation of 1.08 to check out the risk estimate we provide.
MGE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MGE |
Sharpe Ratio = -0.1507
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Estimated Market Risk
1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MGE Energy is not performing at its full potential. However, 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 MGE Energy by adding MGE Energy to a well-diversified portfolio.
MGE Energy Main Headline on 15th of March 2024
MGE Energy dividend paid on 15th of March 2024 |
MGE Energy Valuation on March 15, 2024
It is possible to determine the worth of MGE Energy on a given historical date. On March 15, 2024 MGE was worth 73.74 at the beginning of the trading date compared to the closed value of 73.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MGE Energy stock. Still, in general, we apply an absolute valuation method to find MGE Energy'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 MGE Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MGE Energy's related companies.
Open | High | Low | Close | Volume | |
74.79 | 75.44 | 73.36 | 73.97 | 619,875 | |
03/15/2024 | 73.74 | 75.66 | 73.40 | 73.97 | 7,619,357 |
73.57 | 74.94 | 72.55 | 73.24 | 671,884 |
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MGE Energy Trading Date Momentum on March 15, 2024
On March 18 2024 MGE Energy was traded for 73.24 at the closing time. The top price for the day was 74.94 and the lowest listed price was 72.55 . The trading volume for the day was 671.9 K. The trading history from March 18, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.99% . The trading delta at closing time against the current closing price is 2.56% . |
MGE Energy Fundamentals Correlations and Trends
By evaluating MGE Energy'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 MGE Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MGE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MGE Energy Stock history
MGE Energy 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 MGE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MGE Energy 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 MGE Energy stock prices may prove useful in developing a viable investing in MGE Energy
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. Mge Energy is traded on NASDAQ Exchange in the United States.
MGE Energy Stock Technical Analysis
MGE Energy 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.
Price Boundaries
MGE Energy Period Price Range
Low | February 17, 2025
| High |
0.00 | 0.00 |
MGE Energy 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.
MGE Energy February 17, 2025 Market Strength
Market strength indicators help investors to evaluate how MGE Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MGE Energy shares will generate the highest return on investment. By undertsting and applying MGE Energy stock market strength indicators, traders can identify MGE Energy entry and exit signals to maximize returns
MGE Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MGE Energy's price direction in advance. Along with the technical and fundamental analysis of MGE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MGE 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.
Risk Adjusted Performance | (0.10) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | (5.38) |
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Volume Indicators |
Complementary Tools for MGE Stock analysis
When running MGE Energy's price analysis, check to measure MGE Energy'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 MGE Energy is operating at the current time. Most of MGE Energy's value examination focuses on studying past and present price action to predict the probability of MGE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGE Energy's price. Additionally, you may evaluate how the addition of MGE Energy to your portfolios can decrease your overall portfolio volatility.
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