Modine Manufacturing Stock Price on December 20, 2024

MOD Stock  USD 118.58  1.10  0.94%   
Below is the normalized historical share price chart for Modine Manufacturing extending back to November 05, 1984. 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 Modine Manufacturing stands at 118.58, as last reported on the 26th of December, with the highest price reaching 118.72 and the lowest price hitting 116.00 during the day.
IPO Date
26th of March 1990
200 Day MA
110.477
50 Day MA
128.7702
Beta
2.246
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Modine Stock, it is important to understand the factors that can impact its price. Modine Manufacturing has Sharpe Ratio of -0.0322, which conveys that the firm had a -0.0322% return per unit of risk over the last 3 months. Modine Manufacturing exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Modine Manufacturing's insignificant Risk Adjusted Performance, mean deviation of 2.59, and Standard Deviation of 3.4 to check out the risk estimate we provide.
  
The current year's Capital Stock is expected to grow to about 37.4 M, whereas Total Stockholder Equity is forecasted to decline to about 425.2 M. . At present, Modine Manufacturing's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 6.91, whereas Price To Free Cash Flows Ratio is forecasted to decline to 22.92. Modine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0322

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Negative ReturnsMOD

Estimated Market Risk

 3.4
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Modine Manufacturing 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 Modine Manufacturing by adding Modine Manufacturing to a well-diversified portfolio.
Price Book
7.2494
Enterprise Value Ebitda
20.3245
Price Sales
2.506
Shares Float
51.4 M
Wall Street Target Price
147.3533

Related Headline

Dana Headline on 20th of December 2024

Filed transaction by Dana Inc Officer Svp, General Counsel And Secty. Grant, award or other acquisition pursuant to Rule 16b-3

Modine Manufacturing Valuation on December 20, 2024

It is possible to determine the worth of Modine Manufacturing on a given historical date. On December 20, 2024 Modine was worth 114.62 at the beginning of the trading date compared to the closed value of 118.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Modine Manufacturing stock. Still, in general, we apply an absolute valuation method to find Modine Manufacturing'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 Modine Manufacturing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Modine Manufacturing's related companies.
 Open High Low Close Volume
  119.84    121.80    116.75    118.02    723,305  
12/20/2024
  114.62    120.95    113.49    118.89    980,107  
  118.54    119.41    116.30    117.48    450,019  
Backtest Modine Manufacturing  |  Modine Manufacturing History  |  Modine Manufacturing Valuation   PreviousNext  
Open Value
114.62
104.41
Downside
118.89
Closing Value
124.83
Upside

Modine Manufacturing Trading Date Momentum on December 20, 2024

On December 23 2024 Modine Manufacturing was traded for  117.48  at the closing time. Highest Modine Manufacturing's price during the trading hours was 119.41  and the lowest price during the day was  116.30 . The net volume was 450 K. The overall trading history on the 23rd of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.19% . The trading delta at closing time to current price is 0.97% .

Modine Manufacturing Fundamentals Correlations and Trends

By evaluating Modine Manufacturing'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 Modine Manufacturing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Modine financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Modine Manufacturing Stock history

Modine Manufacturing 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 Modine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Modine Manufacturing 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 Modine Manufacturing stock prices may prove useful in developing a viable investing in Modine Manufacturing
Last ReportedProjected for Next Year
Common Stock Shares Outstanding53.4 M41.7 M
Net Income Applicable To Common Shares137.8 M144.7 M

Modine Manufacturing Quarterly Net Working Capital

415.7 Million

Modine Manufacturing Stock Technical Analysis

Modine Manufacturing 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 Modine Manufacturing technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Modine Manufacturing 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

Modine Manufacturing Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Modine Manufacturing cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Modine Manufacturing December 26, 2024 Market Strength

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

Modine Manufacturing Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Modine Manufacturing's price direction in advance. Along with the technical and fundamental analysis of Modine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Modine 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 Modine Stock analysis

When running Modine Manufacturing's price analysis, check to measure Modine Manufacturing'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 Modine Manufacturing is operating at the current time. Most of Modine Manufacturing's value examination focuses on studying past and present price action to predict the probability of Modine Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modine Manufacturing's price. Additionally, you may evaluate how the addition of Modine Manufacturing to your portfolios can decrease your overall portfolio volatility.
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