Meritage Stock Price on September 16, 2019
| MTH Stock | USD 150.09 0.05 0.03% |
Below is the normalized historical share price chart for Meritage extending back to July 26, 1988. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Meritage stands at 150.09, as last reported on the 19th of April, with the highest price reaching 154.50 and the lowest price hitting 149.63 during the day.
If you're considering investing in Meritage Stock, it is important to understand the factors that can impact its price. Meritage has Sharpe Ratio of -0.0966, which conveys that the firm had a -0.0966% return per unit of risk over the last 3 months. Meritage exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meritage's Standard Deviation of 2.27, mean deviation of 1.69, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
As of now, Meritage's Total Stockholder Equity is increasing as compared to previous years. The Meritage's current Liabilities And Stockholders Equity is estimated to increase to about 6.7 B, while Common Stock Shares Outstanding is projected to decrease to under 32.7 M. . As of now, Meritage's Price Cash Flow Ratio is increasing as compared to previous years. Meritage Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of July 1988 | 200 Day MA 146.5443 | 50 Day MA 158.7902 | Beta 1.756 |
Meritage |
Sharpe Ratio = -0.0966
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Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meritage is not performing at its full potential. However, 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 Meritage by adding Meritage to a well-diversified portfolio.
Price Book 1.2532 | Enterprise Value Ebitda 6.0738 | Price Sales 0.9415 | Shares Float 35.4 M | Dividend Share 1.08 |
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 Meritage Stock history
Meritage 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 Meritage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meritage 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 Meritage stock prices may prove useful in developing a viable investing in Meritage
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 37.1 M | 32.7 M | |
| Net Income Applicable To Common Shares | 1.1 B | 1.2 B |
Meritage Quarterly Net Working Capital |
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Meritage Stock Technical Analysis
Meritage 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
Meritage Period Price Range
Meritage April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Meritage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meritage shares will generate the highest return on investment. By undertsting and applying Meritage stock market strength indicators, traders can identify Meritage entry and exit signals to maximize returns
| Accumulation Distribution | 0.0315 | |||
| Daily Balance Of Power | (0.01) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 152.07 | |||
| Day Typical Price | 151.41 | |||
| Market Facilitation Index | 4.87 | |||
| Price Action Indicator | (2.00) | |||
| Period Momentum Indicator | (0.05) |
Meritage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meritage's price direction in advance. Along with the technical and fundamental analysis of Meritage Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meritage 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 | (0.03) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.24) |
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Meritage's price analysis, check to measure Meritage'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 Meritage is operating at the current time. Most of Meritage's value examination focuses on studying past and present price action to predict the probability of Meritage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage's price. Additionally, you may evaluate how the addition of Meritage to your portfolios can decrease your overall portfolio volatility.
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Is Meritage'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 Meritage. If investors know Meritage 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 Meritage 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 (0.24) | Dividend Share 1.08 | Earnings Share 19.93 | Revenue Per Share 167.625 | Quarterly Revenue Growth (0.17) |
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage'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 Meritage's market value can be influenced by many factors that don't directly affect Meritage'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 Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage'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.