Mge Energy Stock Price on December 28, 2023
MGEE Stock | USD 92.91 0.42 0.45% |
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 92.91, as last reported on the 29th of March, with the highest price reaching 93.59 and the lowest price hitting 92.55 during the day. MGE Energy has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % 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 0.0022, and Mean Deviation of 1.16 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 = -0.0029
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | MGEE |
Estimated Market Risk
1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 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 Valuation on December 28, 2023
It is possible to determine the worth of MGE Energy on a given historical date. On December 28, 2023 MGE was worth 71.01 at the beginning of the trading date compared to the closed value of 70.53. 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 | |
70.25 | 71.24 | 69.56 | 71.07 | 353,631 | |
12/28/2023 | 71.01 | 71.52 | 70.07 | 70.53 | 1,395,160 |
70.83 | 70.83 | 69.86 | 70.40 | 155,461 |
Backtest MGE Energy | | | MGE Energy History | | | MGE Energy Valuation | Previous | Next |
MGE Energy Trading Date Momentum on December 28, 2023
On December 29 2023 MGE Energy was traded for 70.40 at the closing time. The top price for the day was 70.83 and the lowest listed price was 69.86 . The trading volume for the day was 155.5 K. The trading history from December 29, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.18% . The trading delta at closing time against the current closing price is 1.42% . |
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 | March 29, 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 March 29, 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 | 0.0022 | |||
Jensen Alpha | (0.0007) | |||
Total Risk Alpha | 0.0861 | |||
Treynor Ratio | (0.06) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
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.
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |