Montrose Environmental Grp Stock Price on April 29, 2018
| MEG Stock | USD 40.20 1.72 4.10% |
If you're considering investing in Montrose Stock, it is important to understand the factors that can impact its price. As of today, the current price of Montrose Environmental stands at 40.20, as last reported on the 19th of April, with the highest price reaching 42.20 and the lowest price hitting 39.44 during the day. Montrose Environmental appears to be not too volatile, given 3 months investment horizon. Montrose Environmental has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. By analyzing Montrose Environmental's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise Montrose Environmental's Downside Deviation of 3.58, risk adjusted performance of 0.1059, and Mean Deviation of 3.36 to check out if our risk estimates are consistent with your expectations.
At this time, Montrose Environmental's Liabilities And Stockholders Equity is most likely to decrease significantly in the upcoming years. The Montrose Environmental's current Stock Based Compensation is estimated to increase to about 49.6 M, while Other Stockholder Equity is forecasted to increase to (270.7 M). . At this time, Montrose Environmental's Price Earnings To Growth Ratio is most likely to slightly grow in the upcoming years. The Montrose Environmental's current Price To Free Cash Flows Ratio is estimated to increase to 43.91, while Price To Operating Cash Flows Ratio is projected to decrease to 16.38. Montrose Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Montrose |
Sharpe Ratio = 0.1039
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Estimated Market Risk
| 5.17 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Montrose Environmental is performing at about 8% of its full potential. 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 Montrose Environmental by adding it to a well-diversified portfolio.
Price Book 4.2404 | Enterprise Value Ebitda 53.316 | Price Sales 2.1824 | Shares Float 28.1 M | Wall Street Target Price 45.01 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Montrose Environmental Stock history
Montrose Environmental investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Montrose is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Montrose Environmental will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Montrose Environmental stock prices may prove useful in developing a viable investing in Montrose Environmental
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.1 M | 28.8 M | |
| Net Loss | -43.4 M | -45.6 M |
Montrose Environmental Stock Technical Analysis
Montrose Environmental 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.
Price Boundaries
Montrose Environmental Period Price Range
Montrose Environmental April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Montrose Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Montrose Environmental shares will generate the highest return on investment. By undertsting and applying Montrose Environmental stock market strength indicators, traders can identify Montrose Environmental Grp entry and exit signals to maximize returns
| Accumulation Distribution | 36182.29 | |||
| Daily Balance Of Power | (0.62) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 40.82 | |||
| Day Typical Price | 40.61 | |||
| Price Action Indicator | (1.48) | |||
| Period Momentum Indicator | (1.72) |
Montrose Environmental Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Montrose Environmental's price direction in advance. Along with the technical and fundamental analysis of Montrose Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Montrose to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1059 | |||
| Jensen Alpha | 0.8376 | |||
| Total Risk Alpha | 0.3124 | |||
| Sortino Ratio | 0.2083 | |||
| Treynor Ratio | (1.38) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Montrose Environmental information on this page should be used as a complementary analysis to other Montrose Environmental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Montrose Stock analysis
When running Montrose Environmental's price analysis, check to measure Montrose Environmental'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 Montrose Environmental is operating at the current time. Most of Montrose Environmental's value examination focuses on studying past and present price action to predict the probability of Montrose Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montrose Environmental's price. Additionally, you may evaluate how the addition of Montrose Environmental to your portfolios can decrease your overall portfolio volatility.
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Is Montrose Environmental's industry 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 Montrose Environmental. If investors know Montrose 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 Montrose Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.57) | Revenue Per Share 20.767 | Quarterly Revenue Growth 0.188 | Return On Assets (0.02) | Return On Equity (0.07) |
The market value of Montrose Environmental is measured differently than its book value, which is the value of Montrose that is recorded on the company's balance sheet. Investors also form their own opinion of Montrose Environmental's value that differs from its market value or its book value, called intrinsic value, which is Montrose Environmental'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 Montrose Environmental's market value can be influenced by many factors that don't directly affect Montrose Environmental'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 Montrose Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montrose Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montrose Environmental'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.