Methode Electronics Stock Market Value
| MEI Stock | USD 10.92 0.19 1.77% |
| Symbol | Methode |
Methode Electronics Price To Book Ratio
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Methode Electronics. If investors know Methode will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Methode Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Dividend Share 0.56 | Earnings Share (4.03) | Revenue Per Share 30.598 | Quarterly Revenue Growth (0.11) |
The market value of Methode Electronics is measured differently than its book value, which is the value of Methode that is recorded on the company's balance sheet. Investors also form their own opinion of Methode Electronics' value that differs from its market value or its book value, called intrinsic value, which is Methode Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Methode Electronics' market value can be influenced by many factors that don't directly affect Methode Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Methode Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Methode Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methode Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Methode Electronics 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Methode Electronics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Methode Electronics.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Methode Electronics on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Methode Electronics or generate 0.0% return on investment in Methode Electronics over 690 days. Methode Electronics is related to or competes with Sanmina, Benchmark Electronics, Celestica, CTS, LSI Industries, Bel Fuse, and Richardson Electronics. Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide More
Methode Electronics Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Methode Electronics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Methode Electronics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.32 | |||
| Information Ratio | 0.0153 | |||
| Maximum Drawdown | 18.54 | |||
| Value At Risk | (5.30) | |||
| Potential Upside | 7.64 |
Methode Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Methode Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Methode Electronics' standard deviation. In reality, there are many statistical measures that can use Methode Electronics historical prices to predict the future Methode Electronics' volatility.| Risk Adjusted Performance | 0.0461 | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0167 | |||
| Treynor Ratio | 0.0511 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Methode Electronics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Methode Electronics Backtested Returns
Methode Electronics appears to be not too volatile, given 3 months investment horizon. Methode Electronics has Sharpe Ratio of 0.0644, which conveys that the firm had a 0.0644% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Methode Electronics, which you can use to evaluate the volatility of the firm. Please exercise Methode Electronics' Downside Deviation of 3.32, risk adjusted performance of 0.0461, and Mean Deviation of 2.67 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Methode Electronics holds a performance score of 5. The company secures a Beta (Market Risk) of 3.34, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Methode Electronics will likely underperform. Please check Methode Electronics' expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Methode Electronics' current price movements will revert.
Auto-correlation | 0.73 |
Good predictability
Methode Electronics has good predictability. Overlapping area represents the amount of predictability between Methode Electronics time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Methode Electronics price movement. The serial correlation of 0.73 indicates that around 73.0% of current Methode Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 17.0 |
Methode Electronics lagged returns against current returns
Autocorrelation, which is Methode Electronics stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Methode Electronics' stock expected returns. We can calculate the autocorrelation of Methode Electronics returns to help us make a trade decision. For example, suppose you find that Methode Electronics has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Methode Electronics regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Methode Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Methode Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Methode Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
Methode Electronics Lagged Returns
When evaluating Methode Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Methode Electronics stock have on its future price. Methode Electronics autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Methode Electronics autocorrelation shows the relationship between Methode Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Methode Electronics.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Methode Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methode Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methode Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methode Electronics Stock:Check out Methode Electronics Correlation, Methode Electronics Volatility and Methode Electronics Alpha and Beta module to complement your research on Methode Electronics. For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Methode Electronics 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.