Methanex Stock Buy Hold or Sell Recommendation
| MEOH Stock | USD 47.91 0.85 1.81% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Methanex is 'Strong Buy'. Macroaxis provides Methanex buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Methanex positions. The advice algorithm takes into account all of Methanex's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Methanex's buy or sell advice are summarized below:
Real Value 49.18 | Target Price 51.18 | Hype Value 48.11 | Market Value 47.91 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Methanex given historical horizon and risk tolerance towards Methanex. When Macroaxis issues a 'buy' or 'sell' recommendation for Methanex, the advice is generated through an automated system that utilizes algorithms and statistical models.
Methanex |
Execute Methanex Buy or Sell Advice
The Methanex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Methanex. Macroaxis does not own or have any residual interests in Methanex or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Methanex's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Methanex Trading Alerts and Improvement Suggestions
| Methanex has a poor financial position based on the latest SEC disclosures | |
| Over 83.0% of the company shares are owned by institutional investors | |
| On 28th of March 2024 Methanex paid $ 0.185 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Dow Inc. Expected to Beat Earnings Estimates Can the Stock Move Higher |
Methanex Returns Distribution Density
The distribution of Methanex's historical returns is an attempt to chart the uncertainty of Methanex's future price movements. The chart of the probability distribution of Methanex daily returns describes the distribution of returns around its average expected value. We use Methanex price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Methanex returns is essential to provide solid investment advice for Methanex.
| Mean Return | 0.12 | Value At Risk | -3.08 | Potential Upside | 3.65 | Standard Deviation | 2.32 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Methanex 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.
Methanex Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Methanex is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Methanex backward and forwards among themselves. Methanex's institutional investor refers to the entity that pools money to purchase Methanex's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 908 K | Mackenzie Investments | 2023-12-31 | 778 K | Norges Bank | 2023-12-31 | 721 K | Scheer, Rowlett & Assoc Invest Mgmt Ltd. | 2023-12-31 | 676.6 K | Becker Capital | 2023-12-31 | 549.3 K | Balyasny Asset Management Llc | 2023-12-31 | 492.4 K | Granite Investment Partners, Llc | 2023-12-31 | 457.7 K | Goldman Sachs Group Inc | 2023-12-31 | 448.4 K | Boston Partners Global Investors, Inc | 2023-12-31 | 388.3 K | M&g Investment Management Ltd | 2023-12-31 | 13.1 M | Fidelity International Ltd | 2023-12-31 | 7.4 M |
Methanex 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 Methanex or Chemicals 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 Methanex'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 Methanex 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 | 0.01 | |
β | Beta against NYSE Composite | 1.66 | |
σ | Overall volatility | 2.36 | |
Ir | Information ratio | 0.02 |
Methanex Volatility Alert
Methanex currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Methanex'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 Methanex'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.Methanex Fundamentals Vs Peers
Comparing Methanex'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 Methanex's direct or indirect competition across all of the common fundamentals between Methanex and the related equities. This way, we can detect undervalued stocks with similar characteristics as Methanex or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Methanex's fundamental indicators could also be used in its relative valuation, which is a method of valuing Methanex by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Methanex to competition |
| Fundamentals | Methanex | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0252 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 5.97 B | 16.62 B |
| Shares Outstanding | 67.39 M | 571.82 M |
| Shares Owned By Insiders | 0.30 % | 10.09 % |
| Shares Owned By Institutions | 82.80 % | 39.21 % |
| Number Of Shares Shorted | 1.3 M | 4.71 M |
| Price To Earning | 5.92 X | 28.72 X |
| Price To Book | 1.67 X | 9.51 X |
| Price To Sales | 0.87 X | 11.42 X |
| Revenue | 3.79 B | 9.43 B |
| Gross Profit | 947.19 M | 27.38 B |
| EBITDA | 667.42 M | 3.9 B |
| Net Income | 177.33 M | 570.98 M |
| Cash And Equivalents | 961.79 M | 2.7 B |
| Cash Per Share | 13.74 X | 5.01 X |
| Total Debt | 3 B | 5.32 B |
| Debt To Equity | 1.21 % | 48.70 % |
| Current Ratio | 2.15 X | 2.16 X |
| Book Value Per Share | 28.65 X | 1.93 K |
| Cash Flow From Operations | 500.65 M | 971.22 M |
| Short Ratio | 5.44 X | 4.00 X |
| Earnings Per Share | 2.57 X | 3.12 X |
| Price To Earnings To Growth | 0.98 X | 4.89 X |
| Target Price | 54.73 | |
| Number Of Employees | 1.45 K | 18.84 K |
| Beta | 1.94 | -0.15 |
| Market Capitalization | 3.17 B | 19.03 B |
| Total Asset | 6.39 B | 29.47 B |
| Retained Earnings | 1.51 B | 9.33 B |
| Working Capital | 178.01 M | 1.48 B |
Methanex Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Methanex . 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.
| Accumulation Distribution | 26668.58 | |||
| Daily Balance Of Power | 0.4167 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 48.12 | |||
| Day Typical Price | 48.05 | |||
| Price Action Indicator | 0.21 | |||
| Period Momentum Indicator | 0.85 |
About Methanex Buy or Sell Advice
When is the right time to buy or sell Methanex? Buying financial instruments such as Methanex 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.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.9B | 3.0B | 3.0B | 3.1B | Total Assets | 6.1B | 6.6B | 6.4B | 3.5B |
Use Investing Ideas to Build Portfolios
In addition to having Methanex 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?
Run Penny Thematic Idea Now
Penny
Solid stocks, funds or ETFs with below average market capitalization and typicl daily price below 2. The Penny theme has 56 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Penny Theme or any other thematic opportunities.
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Check out Methanex 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. 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Methanex Stock analysis
When running Methanex's price analysis, check to measure Methanex'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 Methanex is operating at the current time. Most of Methanex's value examination focuses on studying past and present price action to predict the probability of Methanex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methanex's price. Additionally, you may evaluate how the addition of Methanex to your portfolios can decrease your overall portfolio volatility.
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Is Methanex'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 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.
Quarterly Earnings Growth (0.16) | Dividend Share 0.73 | Earnings Share 2.57 | Revenue Per Share 54.914 | Quarterly Revenue Growth (0.07) |
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.