Mesa Royalty Trust Stock Technical Analysis
MTR Stock | USD 10.08 0.28 2.70% |
As of the 24th of April, Mesa Royalty secures the Mean Deviation of 1.94, risk adjusted performance of (0.03), and Standard Deviation of 2.76. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mesa Royalty Trust, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Mesa Royalty, which can be compared to its peers in the industry. Please verify Mesa Royalty Trust risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Mesa Royalty Trust is priced some-what accurately, providing market reflects its recent price of 10.08 per share. Given that Mesa Royalty Trust has information ratio of (0.09), we recommend you to check Mesa Royalty's last-minute market performance to make sure the company can sustain itself at a future point.
Mesa Royalty Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mesa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MesaMesa |
Mesa Royalty 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.
Mesa Royalty Trust Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Mesa Royalty Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mesa Royalty Trust Trend Analysis
Use this graph to draw trend lines for Mesa Royalty Trust. You can use it to identify possible trend reversals for Mesa Royalty as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Mesa Royalty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mesa Royalty Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mesa Royalty Trust applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that Mesa Royalty Trust will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 15.21, which is the sum of squared deviations for the predicted Mesa Royalty price change compared to its average price change.About Mesa Royalty Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Mesa Royalty Trust on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Mesa Royalty Trust based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mesa Royalty Trust price pattern first instead of the macroeconomic environment surrounding Mesa Royalty Trust. By analyzing Mesa Royalty's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Mesa Royalty's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Mesa Royalty specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.0563 | 0.0734 | Price To Sales Ratio | 7.28 | 6.92 |
Mesa Royalty April 24, 2024 Technical Indicators
Most technical analysis of Mesa help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mesa from various momentum indicators to cycle indicators. When you analyze Mesa charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.03) | |||
Market Risk Adjusted Performance | 0.3046 | |||
Mean Deviation | 1.94 | |||
Coefficient Of Variation | (1,872) | |||
Standard Deviation | 2.76 | |||
Variance | 7.63 | |||
Information Ratio | (0.09) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | 0.2946 | |||
Maximum Drawdown | 18.1 | |||
Value At Risk | (5.24) | |||
Potential Upside | 3.58 | |||
Skewness | 0.425 | |||
Kurtosis | 3.21 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Royalty Trust. 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. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Mesa Stock analysis
When running Mesa Royalty's price analysis, check to measure Mesa Royalty'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 Mesa Royalty is operating at the current time. Most of Mesa Royalty's value examination focuses on studying past and present price action to predict the probability of Mesa Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesa Royalty's price. Additionally, you may evaluate how the addition of Mesa Royalty to your portfolios can decrease your overall portfolio volatility.
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Is Mesa Royalty'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 Mesa Royalty. If investors know Mesa 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 Mesa Royalty 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 (0.77) | Dividend Share 1.488 | Earnings Share 1.53 | Revenue Per Share 1.821 | Quarterly Revenue Growth (0.71) |
The market value of Mesa Royalty Trust is measured differently than its book value, which is the value of Mesa that is recorded on the company's balance sheet. Investors also form their own opinion of Mesa Royalty's value that differs from its market value or its book value, called intrinsic value, which is Mesa Royalty'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 Mesa Royalty's market value can be influenced by many factors that don't directly affect Mesa Royalty'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 Mesa Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesa Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesa Royalty'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.