Methode Electronics Stock Price on January 26, 2024
| MEI Stock | USD 10.87 0.65 5.64% |
Below is the normalized historical share price chart for Methode Electronics extending back to November 05, 1984. 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 Methode Electronics stands at 10.87, as last reported on the 11th of May 2024, with the highest price reaching 11.62 and the lowest price hitting 10.83 during the day.
If you're considering investing in Methode Stock, it is important to understand the factors that can impact its price. Methode Electronics has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Methode Electronics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Methode Electronics' Risk Adjusted Performance of (0.09), mean deviation of 2.85, and Standard Deviation of 4.86 to check out the risk estimate we provide.
As of now, Methode Electronics' Stock Based Compensation is increasing as compared to previous years. . As of now, Methode Electronics' Price To Operating Cash Flows Ratio is increasing as compared to previous years. The Methode Electronics' current Price To Free Cash Flows Ratio is estimated to increase to 28.69, while Price To Sales Ratio is projected to decrease to 0.74. Methode Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of March 1990 | 200 Day MA 21.6262 | 50 Day MA 13.1338 | Beta 0.834 |
Methode |
Sharpe Ratio = -0.1891
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| Negative Returns | MEI |
Estimated Market Risk
| 4.97 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.94 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Methode Electronics 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 Methode Electronics by adding Methode Electronics to a well-diversified portfolio.
Price Book 0.5306 | Enterprise Value Ebitda 54.6523 | Price Sales 0.3892 | Shares Float 34.2 M | Dividend Share 0.56 |
Methode Electronics Main Headline on 26th of January 2024
Methode Electronics dividend paid on 26th of January 2024 |
Methode Electronics Valuation on January 26, 2024
It is possible to determine the worth of Methode Electronics on a given historical date. On January 26, 2024 Methode was worth 21.3 at the beginning of the trading date compared to the closed value of 21.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Methode Electronics stock. Still, in general, we apply an absolute valuation method to find Methode Electronics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Methode Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Methode Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 21.37 | 21.47 | 20.96 | 20.96 | 134,256 | |
01/26/2024 | 21.30 | 21.43 | 21.04 | 21.04 | 189,511 |
| 21.23 | 21.65 | 20.94 | 21.32 | 154,718 |
| Backtest Methode Electronics | | | Methode Electronics History | | | Methode Electronics Valuation | Previous | Next |
Methode Electronics Trading Date Momentum on January 26, 2024
| On January 29 2024 Methode Electronics was traded for 21.32 at the closing time. Highest Methode Electronics's price during the trading hours was 21.65 and the lowest price during the day was 20.94 . The net volume was 154.7 K. The overall trading history on the 29th of January contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 1.33% . The trading delta at closing time to current price is 1.57% . |
Methode Electronics Fundamentals Correlations and Trends
By evaluating Methode Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Methode Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Methode financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Methode Electronics Stock history
Methode Electronics 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 Methode is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Methode Electronics 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 Methode Electronics stock prices may prove useful in developing a viable investing in Methode Electronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 42.3 M | 39.5 M | |
| Net Income Applicable To Common Shares | 88.7 M | 58.7 M |
Methode Electronics Quarterly Net Working Capital |
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Methode Electronics Stock Technical Analysis
Methode Electronics 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
Methode Electronics Period Price Range
Low | January 26, 2024
| High |
21.30 | 21.04 |
Methode Electronics May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Methode Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Methode Electronics shares will generate the highest return on investment. By undertsting and applying Methode Electronics stock market strength indicators, traders can identify Methode Electronics entry and exit signals to maximize returns
| Accumulation Distribution | 3448.87 | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 21.24 | |||
| Day Typical Price | 21.17 | |||
| Price Action Indicator | (0.33) | |||
| Period Momentum Indicator | (10.17) |
Methode Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Methode Electronics' price direction in advance. Along with the technical and fundamental analysis of Methode Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Methode 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 | (0.09) | |||
| Jensen Alpha | (0.72) | |||
| Total Risk Alpha | (1.34) | |||
| Treynor Ratio | 1.16 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methode Electronics. 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. For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.Note that the Methode Electronics information on this page should be used as a complementary analysis to other Methode Electronics' 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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Methode Stock analysis
When running Methode Electronics' price analysis, check to measure Methode Electronics' 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 Methode Electronics is operating at the current time. Most of Methode Electronics' value examination focuses on studying past and present price action to predict the probability of Methode Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methode Electronics' price. Additionally, you may evaluate how the addition of Methode Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Methode Electronics' 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 Methode Electronics. If investors know Methode 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 Methode Electronics 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 (0.97) | Dividend Share 0.56 | Earnings Share (1.63) | Revenue Per Share 31.999 | Quarterly Revenue Growth (0.07) |
The market value of Methode Electronics is measured differently than its book value, which is the value of Methode that is recorded on the company's balance sheet. Investors also form their own opinion of Methode Electronics' value that differs from its market value or its book value, called intrinsic value, which is Methode Electronics' 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 Methode Electronics' market value can be influenced by many factors that don't directly affect Methode Electronics' 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 Methode Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Methode Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methode Electronics' 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.