Myr Group Stock Price on September 27, 2024
| MYRG Stock | USD 153.30 1.21 0.78% |
Below is the normalized historical share price chart for MYR Group extending back to August 12, 2008. 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 MYR stands at 153.30, as last reported on the 20th of December, with the highest price reaching 155.34 and the lowest price hitting 150.98 during the day.
If you're considering investing in MYR Stock, it is important to understand the factors that can impact its price. MYR appears to be very steady, given 3 months investment horizon. MYR Group has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% return per unit of volatility over the last 3 months. By reviewing MYR's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please exercise MYR's mean deviation of 2.06, and Risk Adjusted Performance of 0.2059 to check out if our risk estimates are consistent with your expectations.
At this time, MYR's Common Stock Total Equity is most likely to decrease significantly in the upcoming years. The MYR's current Capital Stock is estimated to increase to about 183 K, while Other Stockholder Equity is projected to decrease to roughly 129.8 M. . At this time, MYR's Price Cash Flow Ratio is most likely to drop in the upcoming years. MYR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of August 2008 | 200 Day MA 138.1398 | 50 Day MA 141.3094 | Beta 0.889 |
MYR |
Sharpe Ratio = 0.2436
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Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average MYR is performing at about 19% 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 MYR by adding it to a well-diversified portfolio.
Price Book 4.2182 | Enterprise Value Ebitda 20.8022 | Price Sales 0.7019 | Shares Float 15.8 M | Wall Street Target Price 171.6667 |
MYR Valuation on September 27, 2024
It is possible to determine the worth of MYR on a given historical date. On September 27, 2024 MYR was worth 102.71 at the beginning of the trading date compared to the closed value of 102.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MYR stock. Still, in general, we apply an absolute valuation method to find MYR'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 MYR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MYR's related companies.
| Open | High | Low | Close | Volume | |
| 100.10 | 102.21 | 100.03 | 101.72 | 143,736 | |
09/27/2024 | 102.71 | 105.17 | 101.97 | 102.75 | 144,429 |
| 101.92 | 103.66 | 101.12 | 102.23 | 159,968 |
| Backtest MYR | | | MYR History | | | MYR Valuation | Previous | Next |
MYR Trading Date Momentum on September 27, 2024
| On September 30 2024 MYR Group was traded for 102.23 at the closing time. The top price for the day was 103.66 and the lowest listed price was 101.12 . The trading volume for the day was 160 K. The trading history from September 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.51% . The trading delta at closing time against the current closing price is 0.78% . |
MYR Group Fundamentals Correlations and Trends
By evaluating MYR'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 MYR's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MYR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MYR Stock history
MYR 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 MYR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MYR 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 MYR stock prices may prove useful in developing a viable investing in MYR
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16.8 M | 15.7 M | |
| Net Income Applicable To Common Shares | 95.9 M | 100.7 M |
MYR Quarterly Net Working Capital |
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MYR Stock Technical Analysis
MYR 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
MYR Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
MYR 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.
MYR December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how MYR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MYR shares will generate the highest return on investment. By undertsting and applying MYR stock market strength indicators, traders can identify MYR Group entry and exit signals to maximize returns
MYR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MYR's price direction in advance. Along with the technical and fundamental analysis of MYR Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MYR 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 | 0.2059 | |||
| Jensen Alpha | 0.6843 | |||
| Total Risk Alpha | 0.6385 | |||
| Sortino Ratio | 0.3598 | |||
| Treynor Ratio | 0.4146 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for MYR Stock analysis
When running MYR's price analysis, check to measure MYR'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 MYR is operating at the current time. Most of MYR's value examination focuses on studying past and present price action to predict the probability of MYR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYR's price. Additionally, you may evaluate how the addition of MYR to your portfolios can decrease your overall portfolio volatility.
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