Optimism for Methanex has grown this past week, despite five-year decline in earnings
| MEOH Stock | USD 50.89 1.12 2.25% |
Under 54% of Methanex's traders are presently thinking to get in. The analysis of overall sentiment of trading Methanex stock suggests that some investors are interested at this time. Methanex's investing sentiment shows overall attitude of investors towards Methanex.
Methanex |
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...
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Methanex Fundamental Analysis
We analyze Methanex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Methanex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Methanex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Methanex is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Methanex Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Methanex stock to make a market-neutral strategy. Peer analysis of Methanex could also be used in its relative valuation, which is a method of valuing Methanex by comparing valuation metrics with similar companies.
Peers
Methanex Related Equities
| VHI | Valhi | 3.61 | ||||
| GPRE | Green Plains | 2.92 | ||||
| ASIX | AdvanSix | 2.12 | ||||
| TROX | Tronox Holdings | 1.91 | ||||
| WLKP | Westlake Chemical | 0.41 | ||||
| LXU | Lsb Industries | 0.76 | ||||
| HUN | Huntsman | 2.46 |
Complementary Tools for Methanex Stock analysis
When running Methanex's price analysis, check to measure Methanex'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 Methanex is operating at the current time. Most of Methanex's value examination focuses on studying past and present price action to predict the probability of Methanex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methanex's price. Additionally, you may evaluate how the addition of Methanex to your portfolios can decrease your overall portfolio volatility.
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