Montauk Renewables Stock Price on October 30, 2024
| MNTK Stock | USD 3.93 0.03 0.76% |
If you're considering investing in Montauk Stock, it is important to understand the factors that can impact its price. As of today, the current price of Montauk Renewables stands at 3.93, as last reported on the 30th of December, with the highest price reaching 4.12 and the lowest price hitting 3.83 during the day. Montauk Renewables has Sharpe Ratio of -0.0864, which conveys that the firm had a -0.0864% return per unit of risk over the last 3 months. Montauk Renewables exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Montauk Renewables' Risk Adjusted Performance of (0.04), standard deviation of 3.99, and Mean Deviation of 2.61 to check out the risk estimate we provide.
Common Stock Shares Outstanding is expected to rise to about 156 M this year, although the value of Total Stockholder Equity will most likely fall to about 205.6 M. . At this time, Montauk Renewables' Price Cash Flow Ratio is quite stable compared to the past year. Price Sales Ratio is expected to rise to 13.02 this year, although the value of Price Earnings To Growth Ratio will most likely fall to (1.58). Montauk Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Montauk |
Sharpe Ratio = -0.0864
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Estimated Market Risk
| 3.97 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Montauk Renewables 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 Montauk Renewables by adding Montauk Renewables to a well-diversified portfolio.
Price Book 2.0463 | Enterprise Value Ebitda 9.9263 | Price Sales 2.8917 | Shares Float 65 M | Wall Street Target Price 5.9375 |
Montauk Renewables Valuation on October 30, 2024
It is possible to determine the worth of Montauk Renewables on a given historical date. On October 30, 2024 Montauk was worth 5.69 at the beginning of the trading date compared to the closed value of 5.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Montauk Renewables stock. Still, in general, we apply an absolute valuation method to find Montauk Renewables' 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 Montauk Renewables where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Montauk Renewables' related companies.
| Open | High | Low | Close | Volume | |
| 5.72 | 5.82 | 5.61 | 5.70 | 106,035 | |
10/30/2024 | 5.69 | 5.79 | 5.64 | 5.67 | 64,356 |
| 5.67 | 5.73 | 5.41 | 5.53 | 219,197 |
| Backtest Montauk Renewables | | | Montauk Renewables History | | | Montauk Renewables Valuation | Previous | Next |
Montauk Renewables Trading Date Momentum on October 30, 2024
| On October 31 2024 Montauk Renewables was traded for 5.53 at the closing time. The top price for the day was 5.73 and the lowest listed price was 5.41 . The trading volume for the day was 219.2 K. The trading history from October 31, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.47% . The trading delta at closing time against the current closing price is 5.11% . |
Montauk Renewables Fundamentals Correlations and Trends
By evaluating Montauk Renewables' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Montauk Renewables' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Montauk financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Montauk Renewables Stock history
Montauk Renewables 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 Montauk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Montauk Renewables 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 Montauk Renewables stock prices may prove useful in developing a viable investing in Montauk Renewables
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 142.2 M | 156 M | |
| Net Income Applicable To Common Shares | 40.5 M | 42.5 M |
Montauk Renewables Quarterly Net Working Capital |
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Montauk Renewables Stock Technical Analysis
Montauk Renewables 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
Montauk Renewables Period Price Range
Low | December 30, 2024
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0.00 | 0.00 |
Montauk Renewables 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.
Montauk Renewables December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Montauk Renewables stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Montauk Renewables shares will generate the highest return on investment. By undertsting and applying Montauk Renewables stock market strength indicators, traders can identify Montauk Renewables entry and exit signals to maximize returns
Montauk Renewables Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Montauk Renewables' price direction in advance. Along with the technical and fundamental analysis of Montauk Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Montauk 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 | (0.04) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.47) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montauk Renewables. 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. For more information on how to buy Montauk Stock please use our How to buy in Montauk Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Electric Utilities 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 Montauk Renewables. If investors know Montauk 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 Montauk Renewables 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 0.33 | Earnings Share 0.17 | Revenue Per Share 1.371 | Quarterly Revenue Growth 0.184 | Return On Assets 0.0607 |
The market value of Montauk Renewables is measured differently than its book value, which is the value of Montauk that is recorded on the company's balance sheet. Investors also form their own opinion of Montauk Renewables' value that differs from its market value or its book value, called intrinsic value, which is Montauk Renewables' 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 Montauk Renewables' market value can be influenced by many factors that don't directly affect Montauk Renewables' 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 Montauk Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Montauk Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montauk Renewables' 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.