Acquisition by Maurice Moore of 1195 shares of MYR subject to Rule 16b-3

MYRG Stock  USD 168.29  9.39  5.91%   
Roughly 68 percent of all MYR's stockholders are curious in acquiring. The current sentiment regarding investing in MYR Group stock implies that a large number of traders are confidant. The current market sentiment, together with MYR's historical and current headlines, can help investors time the market. In addition, many technical investors use MYR Group stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by MYR Group Director. Grant, award or other acquisition pursuant to Rule 16b-3

Read at macroaxis.com
MYR insider trading alert for acquisition of common stock by Maurice Moore, Director, on 27th of April 2024. This event was filed by MYR Group with SEC on 2023-04-21. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

MYR's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the MYR's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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MYR Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards MYR can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

MYR Group Historical Investor Sentiment

Investor biases related to MYR's public news can be used to forecast risks associated with an investment in MYR. The trend in average sentiment can be used to explain how an investor holding MYR can time the market purely based on public headlines and social activities around MYR Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
MYR's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MYR and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average MYR news discussions. The higher the estimate score, the more favorable the investor's outlook on MYR.

MYR Fundamental Analysis

We analyze MYR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MYR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MYR 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.

Beta

Beta Comparative Analysis

MYR is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

MYR Group 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 MYR stock to make a market-neutral strategy. Peer analysis of MYR could also be used in its relative valuation, which is a method of valuing MYR by comparing valuation metrics with similar companies.

Peers

MYR Related Equities

PRIMPrimoris Services   4.09   
0%
100.0%
MTZMasTec   3.73   
0%
91.0%
TPCTutor Perini   3.50   
0%
85.0%
STRLSterling Construction   3.10   
0%
75.0%
FIXComfort Systems   2.83   
0%
69.0%
MTRXMatrix Service   2.68   
0%
65.0%
GVAGranite Construction   1.50   
0%
36.0%
EMEEMCOR   1.40   
0%
34.0%
ROADConstruction Partners   0.74   
0%
18.0%
APGApi Group   0.15   
0%
3.0%
BLDTopbuild Corp   0.08   
2.0%
0%
DYDycom Industries   0.91   
22.0%
0%

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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