Mayville Engineering Co Stock Buy Hold or Sell Recommendation
| MEC Stock | USD 13.84 0.04 0.29% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Mayville Engineering Co is 'Strong Hold'. Macroaxis provides Mayville Engineering buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MEC positions. The advice algorithm takes into account all of Mayville Engineering's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Mayville Engineering's buy or sell advice are summarized below:
Real Value 16.1 | Hype Value 13.86 | Market Value 13.84 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Mayville Engineering Co given historical horizon and risk tolerance towards Mayville Engineering. When Macroaxis issues a 'buy' or 'sell' recommendation for Mayville Engineering Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Mayville |
Execute Mayville Engineering Buy or Sell Advice
The Mayville recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mayville Engineering Co. Macroaxis does not own or have any residual interests in Mayville Engineering Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mayville Engineering's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Mayville Engineering Trading Alerts and Improvement Suggestions
| About 66.0% of the company shares are owned by institutional investors |
Mayville Engineering Returns Distribution Density
The distribution of Mayville Engineering's historical returns is an attempt to chart the uncertainty of Mayville Engineering's future price movements. The chart of the probability distribution of Mayville Engineering daily returns describes the distribution of returns around its average expected value. We use Mayville Engineering Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mayville Engineering returns is essential to provide solid investment advice for Mayville Engineering.
| Mean Return | 0.07 | Value At Risk | -3.32 | Potential Upside | 4.55 | Standard Deviation | 2.70 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mayville Engineering historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Mayville Engineering Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Mayville Engineering or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Mayville Engineering's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Mayville stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 2.03 | |
σ | Overall volatility | 2.70 | |
Ir | Information ratio | -0.0086 |
Mayville Engineering Volatility Alert
Mayville Engineering Co currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of -0.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mayville Engineering's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Mayville Engineering's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Mayville Engineering Fundamentals Vs Peers
Comparing Mayville Engineering's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Mayville Engineering's direct or indirect competition across all of the common fundamentals between Mayville Engineering and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mayville Engineering or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Mayville Engineering's fundamental indicators could also be used in its relative valuation, which is a method of valuing Mayville Engineering by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Mayville Engineering to competition |
| Fundamentals | Mayville Engineering | Peer Average |
| Return On Equity | 0.035 | -0.31 |
| Return On Asset | 0.0269 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 466.76 M | 16.62 B |
| Shares Outstanding | 20.36 M | 571.82 M |
| Shares Owned By Insiders | 4.50 % | 10.09 % |
| Shares Owned By Institutions | 66.33 % | 39.21 % |
| Number Of Shares Shorted | 291.77 K | 4.71 M |
| Price To Earning | 86.23 X | 28.72 X |
| Price To Book | 1.20 X | 9.51 X |
| Price To Sales | 0.47 X | 11.42 X |
| Revenue | 588.42 M | 9.43 B |
| Gross Profit | 66.9 M | 27.38 B |
| EBITDA | 56.68 M | 3.9 B |
| Net Income | 7.84 M | 570.98 M |
| Cash And Equivalents | 127 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 182.08 M | 5.32 B |
| Debt To Equity | 0.51 % | 48.70 % |
| Current Ratio | 1.38 X | 2.16 X |
| Book Value Per Share | 11.32 X | 1.93 K |
| Cash Flow From Operations | 40.36 M | 971.22 M |
| Short Ratio | 5.97 X | 4.00 X |
| Earnings Per Share | 0.38 X | 3.12 X |
| Target Price | 18.75 | |
| Number Of Employees | 2.5 K | 18.84 K |
| Beta | 0.83 | -0.15 |
| Market Capitalization | 282.66 M | 19.03 B |
| Total Asset | 521.66 M | 29.47 B |
| Retained Earnings | 34.12 M | 9.33 B |
| Working Capital | 62.91 M | 1.48 B |
| Current Asset | 84.99 M | 9.34 B |
Note: Acquisition by Timothy Christen of 10832 shares of Mayville Engineering subject to Rule 16b-3 [view details]
Mayville Engineering Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mayville . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Mayville Engineering Buy or Sell Advice
When is the right time to buy or sell Mayville Engineering Co? Buying financial instruments such as Mayville Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Mayville Engineering in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Mayville Engineering Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Mayville Engineering information on this page should be used as a complementary analysis to other Mayville Engineering'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Mayville Stock analysis
When running Mayville Engineering's price analysis, check to measure Mayville Engineering'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 Mayville Engineering is operating at the current time. Most of Mayville Engineering's value examination focuses on studying past and present price action to predict the probability of Mayville Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayville Engineering's price. Additionally, you may evaluate how the addition of Mayville Engineering to your portfolios can decrease your overall portfolio volatility.
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Is Mayville Engineering'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 Mayville Engineering. If investors know Mayville 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 Mayville Engineering 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 Mayville Engineering is measured differently than its book value, which is the value of Mayville that is recorded on the company's balance sheet. Investors also form their own opinion of Mayville Engineering's value that differs from its market value or its book value, called intrinsic value, which is Mayville Engineering'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 Mayville Engineering's market value can be influenced by many factors that don't directly affect Mayville Engineering'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 Mayville Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mayville Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mayville Engineering'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.