Mge Energy Stock Price on February 28, 2024
| MGEE Stock | USD 79.91 0.38 0.47% |
Below is the normalized historical share price chart for MGE Energy extending back to March 17, 1980. 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 MGE Energy stands at 79.91, as last reported on the 5th of May, with the highest price reaching 80.66 and the lowest price hitting 78.79 during the day.
If you're considering investing in MGE Stock, it is important to understand the factors that can impact its price. MGE Energy appears to be very steady, given 3 months investment horizon. MGE Energy has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for MGE Energy, which you can use to evaluate the volatility of the firm. Please exercise MGE Energy's risk adjusted performance of 0.0894, and Mean Deviation of 1.46 to check out if our risk estimates are consistent with your expectations.
At present, MGE Energy's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Sale Purchase Of Stock is expected to grow to about 86.7 M, whereas Common Stock Total Equity is forecasted to decline to about 24.8 M. . At present, MGE Energy's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 177.26, whereas Price Book Value Ratio is forecasted to decline to 1.73. MGE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 73.0546 | 50 Day MA 75.4692 | Beta 0.724 |
MGE |
Sharpe Ratio = 0.1542
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average MGE Energy is performing at about 12% of its full potential. 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 MGE Energy by adding it to a well-diversified portfolio.
Price Book 2.3811 | Enterprise Value Ebitda 12.6085 | Price Sales 4.0265 | Shares Float 36.1 M | Dividend Share 1.67 |
MGE Energy Valuation on February 28, 2024
It is possible to determine the worth of MGE Energy on a given historical date. On February 28, 2024 MGE was worth 63.26 at the beginning of the trading date compared to the closed value of 63.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MGE Energy stock. Still, in general, we apply an absolute valuation method to find MGE Energy's 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 MGE Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MGE Energy's related companies.
| Open | High | Low | Close | Volume | |
| 63.46 | 64.00 | 63.11 | 63.25 | 123,700 | |
02/28/2024 | 63.26 | 64.17 | 62.88 | 63.21 | 148,700 |
| 64.01 | 64.13 | 62.98 | 63.19 | 150,731 |
| Backtest MGE Energy | | | MGE Energy History | | | MGE Energy Valuation | Previous | Next |
MGE Energy Trading Date Momentum on February 28, 2024
| On February 29 2024 MGE Energy was traded for 63.19 at the closing time. The top price for the day was 64.13 and the lowest listed price was 62.98 . The trading volume for the day was 150.7 K. The trading history from February 29, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.03% . The trading delta at closing time against the current closing price is 26.88% . |
MGE Energy Fundamentals Correlations and Trends
By evaluating MGE Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MGE Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MGE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MGE Energy Stock history
MGE Energy 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 MGE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MGE Energy 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 MGE Energy stock prices may prove useful in developing a viable investing in MGE Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41.6 M | 32 M | |
| Net Income Applicable To Common Shares | 127.6 M | 68.8 M |
MGE Energy Quarterly Net Working Capital |
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MGE Energy Stock Technical Analysis
MGE Energy 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
MGE Energy Period Price Range
Low | February 28, 2024
| High |
63.26 | 63.21 |
MGE Energy May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how MGE Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MGE Energy shares will generate the highest return on investment. By undertsting and applying MGE Energy stock market strength indicators, traders can identify MGE Energy entry and exit signals to maximize returns
MGE Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MGE Energy's price direction in advance. Along with the technical and fundamental analysis of MGE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MGE 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 | 0.0894 | |||
| Jensen Alpha | 0.284 | |||
| Total Risk Alpha | 0.0442 | |||
| Sortino Ratio | 0.1791 | |||
| Treynor Ratio | 0.3655 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. 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 information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.Note that the MGE Energy information on this page should be used as a complementary analysis to other MGE Energy's 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for MGE Stock analysis
When running MGE Energy's price analysis, check to measure MGE Energy'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 MGE Energy is operating at the current time. Most of MGE Energy's value examination focuses on studying past and present price action to predict the probability of MGE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGE Energy's price. Additionally, you may evaluate how the addition of MGE Energy to your portfolios can decrease your overall portfolio volatility.
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Is MGE Energy'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 MGE Energy. If investors know MGE 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 MGE Energy 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 (0.05) | Dividend Share 1.67 | Earnings Share 3.25 | Revenue Per Share 18.636 | Quarterly Revenue Growth (0.15) |
The market value of MGE Energy is measured differently than its book value, which is the value of MGE that is recorded on the company's balance sheet. Investors also form their own opinion of MGE Energy's value that differs from its market value or its book value, called intrinsic value, which is MGE Energy'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 MGE Energy's market value can be influenced by many factors that don't directly affect MGE Energy'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 MGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGE Energy'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.