Meritage Homes (Germany) Performance
| MEY Stock | EUR 78.50 1.50 1.95% |
The company secures a Beta (Market Risk) of 0.85, which conveys possible diversification benefits within a given portfolio. Meritage Homes returns are very sensitive to returns on the market. As the market goes up or down, Meritage Homes is expected to follow. At this point, Meritage Homes has a negative expected return of -0.1%. Please make sure to verify Meritage Homes' treynor ratio, daily balance of power, price action indicator, as well as the relationship between the skewness and day median price , to decide if Meritage Homes performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Meritage Homes has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 618.3 M |
Meritage |
Meritage Homes Relative Risk vs. Return Landscape
If you would invest 8,460 in Meritage Homes on October 27, 2024 and sell it today you would lose (610.00) from holding Meritage Homes or give up 7.21% of portfolio value over 90 days. Meritage Homes is currently producing negative expected returns and takes up 2.1029% volatility of returns over 90 trading days. Put another way, 18% of traded stocks are less volatile than Meritage, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Meritage Homes Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meritage Homes' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Meritage Homes, and traders can use it to determine the average amount a Meritage Homes' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0489
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| Negative Returns | MEY |
Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meritage Homes 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 Meritage Homes by adding Meritage Homes to a well-diversified portfolio.
Meritage Homes Fundamentals Growth
Meritage Stock prices reflect investors' perceptions of the future prospects and financial health of Meritage Homes, and Meritage Homes fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Meritage Stock performance.
| Return On Equity | 0.28 | |||
| Return On Asset | 0.15 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 4.03 B | |||
| Shares Outstanding | 36.57 M | |||
| Price To Earning | 10.86 X | |||
| Price To Book | 0.90 X | |||
| Price To Sales | 0.58 X | |||
| Revenue | 6.3 B | |||
| EBITDA | 1.31 B | |||
| Cash And Equivalents | 407.43 M | |||
| Cash Per Share | 10.64 X | |||
| Total Debt | 1.15 B | |||
| Debt To Equity | 74.60 % | |||
| Book Value Per Share | 108.00 X | |||
| Cash Flow From Operations | 405.27 M | |||
| Earnings Per Share | 24.54 X | |||
| Total Asset | 5.77 B | |||
About Meritage Homes Performance
By analyzing Meritage Homes' fundamental ratios, stakeholders can gain valuable insights into Meritage Homes' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Meritage Homes has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Meritage Homes has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Meritage Homes Corporation designs and builds single-family homes in the United States. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona. MERITAGE HOMES operates under Residential Construction classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1615 people.Things to note about Meritage Homes performance evaluation
Checking the ongoing alerts about Meritage Homes for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Meritage Homes help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Meritage Homes generated a negative expected return over the last 90 days | |
| Meritage Homes has accumulated €1.15 Billion in debt which can lead to volatile earnings | |
| Over 100.0% of the company shares are owned by institutional investors |
- Analyzing Meritage Homes' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Meritage Homes' stock is overvalued or undervalued compared to its peers.
- Examining Meritage Homes' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Meritage Homes' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Meritage Homes' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Meritage Homes' stock. These opinions can provide insight into Meritage Homes' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Meritage Stock analysis
When running Meritage Homes' price analysis, check to measure Meritage Homes' 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 Meritage Homes is operating at the current time. Most of Meritage Homes' value examination focuses on studying past and present price action to predict the probability of Meritage Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage Homes' price. Additionally, you may evaluate how the addition of Meritage Homes to your portfolios can decrease your overall portfolio volatility.
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