Methanex Stock Market Value
| MEOH Stock | USD 37.72 0.94 2.56% |
| Symbol | Methanex |
Is Commodity Chemicals 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 Methanex. If investors know Methanex 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 Methanex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Methanex is measured differently than its book value, which is the value of Methanex that is recorded on the company's balance sheet. Investors also form their own opinion of Methanex's value that differs from its market value or its book value, called intrinsic value, which is Methanex's 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 Methanex's market value can be influenced by many factors that don't directly affect Methanex's 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 Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex's 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.
Methanex '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 Methanex's 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 Methanex.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Methanex on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Methanex or generate 0.0% return on investment in Methanex over 90 days. Methanex is related to or competes with AdvanSix, Lsb Industries, Green Plains, Tronox Holdings, Valhi, Huntsman, and Westlake Chemical. Methanex Corporation produces and supplies methanol in North America, the Asia Pacific, Europe, and South America More
Methanex 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 Methanex's 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 Methanex upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 16.73 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 2.96 |
Methanex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Methanex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Methanex's standard deviation. In reality, there are many statistical measures that can use Methanex historical prices to predict the future Methanex's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | 0.0264 | |||
| Treynor Ratio | (0.27) |
Methanex Backtested Returns
Methanex has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11 % return per unit of risk over the last 3 months. Methanex exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Methanex's Mean Deviation of 1.78, risk adjusted performance of (0.09), and Standard Deviation of 2.61 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.1, which conveys a somewhat significant risk relative to the market. Methanex returns are very sensitive to returns on the market. As the market goes up or down, Methanex is expected to follow. At this point, Methanex has a negative expected return of -0.29%. Please make sure to verify Methanex's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Methanex performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Methanex has very good reverse predictability. Overlapping area represents the amount of predictability between Methanex time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Methanex price movement. The serial correlation of -0.69 indicates that around 69.0% of current Methanex price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 20.49 |
Methanex lagged returns against current returns
Autocorrelation, which is Methanex 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 Methanex's stock expected returns. We can calculate the autocorrelation of Methanex returns to help us make a trade decision. For example, suppose you find that Methanex 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 |
Methanex 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 Methanex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Methanex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Methanex stock over time.
Current vs Lagged Prices |
| Timeline |
Methanex Lagged Returns
When evaluating Methanex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Methanex stock have on its future price. Methanex 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, Methanex autocorrelation shows the relationship between Methanex stock current value and its past values and can show if there is a momentum factor associated with investing in Methanex.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex's 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 Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:Check out Methanex Correlation, Methanex Volatility and Methanex Alpha and Beta module to complement your research on Methanex. For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Methanex 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.