Mi Homes Stock Price on May 15, 2024
| MHO Stock | USD 124.49 0.31 0.25% |
Below is the normalized historical share price chart for MI Homes extending back to November 03, 1993. 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 MI Homes stands at 124.49, as last reported on the 29th of May, with the highest price reaching 125.98 and the lowest price hitting 123.47 during the day.
If you're considering investing in MHO Stock, it is important to understand the factors that can impact its price. MI Homes retains Efficiency (Sharpe Ratio) of -0.0013, which conveys that the firm had a -0.0013% return per unit of price deviation over the last 3 months. MI Homes exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MI Homes' Standard Deviation of 2.39, mean deviation of 1.8, and Market Risk Adjusted Performance of 0.0299 to check out the risk estimate we provide.
At this time, MI Homes' Total Stockholder Equity is very stable compared to the past year. As of the 29th of May 2024, Liabilities And Stockholders Equity is likely to grow to about 4.2 B, while Common Stock Shares Outstanding is likely to drop about 23.8 M. . At this time, MI Homes' Price To Sales Ratio is very stable compared to the past year. As of the 29th of May 2024, Price To Operating Cash Flows Ratio is likely to grow to 7.27, while Price Earnings Ratio is likely to drop 7.65. MHO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of October 1986 | 200 Day MA 111.365 | 50 Day MA 122.9826 | Beta 2.166 |
MHO |
Sharpe Ratio = -0.0013
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MHO |
Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MI Homes 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 MI Homes by adding MI Homes to a well-diversified portfolio.
Price Book 1.2987 | Enterprise Value Ebitda 5.7385 | Price Sales 0.8104 | Shares Float 27 M | Wall Street Target Price 130 |
Related Headline
Beazer Homes Headline on 15th of May 2024
Disposition of 785 shares by Keith Belknap of Beazer Homes a... by MacroaxisInsider
Filed transaction by Beazer Homes USA Officer: Evp, General Counsel. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
MI Homes Valuation on May 15, 2024
It is possible to determine the worth of MI Homes on a given historical date. On May 15, 2024 MHO was worth 130.54 at the beginning of the trading date compared to the closed value of 132.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MI Homes stock. Still, in general, we apply an absolute valuation method to find MI Homes' 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 MI Homes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MI Homes' related companies.
| Open | High | Low | Close | Volume | |
| 126.93 | 128.70 | 125.06 | 127.56 | 317,588 | |
05/15/2024 | 130.54 | 133.26 | 130.08 | 132.76 | 247,549 |
| 132.13 | 132.34 | 127.32 | 127.64 | 241,288 |
| Backtest MI Homes | | | MI Homes History | | | MI Homes Valuation | Previous | Next |
MI Homes Trading Date Momentum on May 15, 2024
| On May 16 2024 MI Homes was traded for 127.64 at the closing time. Highest MI Homes's price during the trading hours was 132.34 and the lowest price during the day was 127.32 . The net volume was 241.3 K. The overall trading history on the 16th of May 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 3.86% . The trading delta at closing time to current price is 5.68% . |
MI Homes Fundamentals Correlations and Trends
By evaluating MI Homes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MI Homes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MHO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MI Homes Stock history
MI Homes 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 MHO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MI Homes 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 MI Homes stock prices may prove useful in developing a viable investing in MI Homes
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 28.7 M | 23.8 M | |
| Net Income Applicable To Common Shares | 564.3 M | 592.5 M |
MI Homes Quarterly Net Working Capital |
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MI Homes Stock Technical Analysis
MI Homes 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
MI Homes Period Price Range
Low | May 15, 2024
| High |
130.54 | 132.76 |
MI Homes May 29, 2024 Market Strength
Market strength indicators help investors to evaluate how MI Homes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MI Homes shares will generate the highest return on investment. By undertsting and applying MI Homes stock market strength indicators, traders can identify MI Homes entry and exit signals to maximize returns
| Accumulation Distribution | 5907.29 | |||
| Daily Balance Of Power | 0.6981 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 131.67 | |||
| Day Typical Price | 132.03 | |||
| Price Action Indicator | 2.2 | |||
| Period Momentum Indicator | (8.27) |
MI Homes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MI Homes' price direction in advance. Along with the technical and fundamental analysis of MHO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MHO 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 | 0.0242 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0135 | |||
| Treynor Ratio | 0.0199 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.Note that the MI Homes information on this page should be used as a complementary analysis to other MI Homes' 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for MHO Stock analysis
When running MI Homes' price analysis, check to measure MI Homes' 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 MI Homes is operating at the current time. Most of MI Homes' value examination focuses on studying past and present price action to predict the probability of MI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MI Homes' price. Additionally, you may evaluate how the addition of MI Homes to your portfolios can decrease your overall portfolio volatility.
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Is MI Homes' 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 MI Homes. If investors know MHO 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 MI Homes 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 0.313 | Earnings Share 17.35 | Revenue Per Share 146.322 | Quarterly Revenue Growth 0.046 | Return On Assets 0.0964 |
The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' 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 MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' 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 MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' 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.