Mayville Engineering Co Stock Performance
| MEC Stock | USD 17.02 0.13 0.77% |
The company secures a Beta (Market Risk) of -0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mayville Engineering are expected to decrease at a much lower rate. During the bear market, Mayville Engineering is likely to outperform the market. At this point, Mayville Engineering has a negative expected return of -0.0613%. Please make sure to verify Mayville Engineering's accumulation distribution, as well as the relationship between the day median price and period momentum indicator , to decide if Mayville Engineering performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Mayville Engineering Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Mayville Engineering is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return 0.24 | Five Day Return 0.36 | Year To Date Return 20.04 | Ten Year Return 2.55 | All Time Return 2.55 |
Last Split Factor 1:2 | Last Split Date 2004-03-26 |
1 | Acquisition by Sean Leuba of 12331 shares of Mayville Engineering subject to Rule 16b-3 | 09/20/2024 |
2 | Short Interest in Mayville Engineering Company, Inc. Declines By 35.7 | 10/28/2024 |
3 | What To Expect From Mayville Engineering Co Inc Q3 2024 Earnings | 11/05/2024 |
4 | Q3 2024 Mayville Engineering Company Inc Earnings Call Transcript | 11/07/2024 |
5 | Mayville Engineerings chief human resources officer buys 23,850 in stock | 11/08/2024 |
6 | Need To Know The Consensus Just Cut Its Mayville Engineering Company, Inc. Estimates For 2025 | 11/14/2024 |
7 | Headline - The MEC Foods hosts an exclusive, eggs tasting event in Singapore | 11/19/2024 |
8 | VEEA and MARQUEE Wireless Announce a Strategic Partnership that Extends Cellular Networks with Groundbreaking Smart City and Smart Energy Applications | 11/25/2024 |
| Begin Period Cash Flow | 127 K |
Mayville |
Mayville Engineering Relative Risk vs. Return Landscape
If you would invest 1,840 in Mayville Engineering Co on September 4, 2024 and sell it today you would lose (138.00) from holding Mayville Engineering Co or give up 7.5% of portfolio value over 90 days. Mayville Engineering Co is generating negative expected returns assuming volatility of 3.3769% on return distribution over 90 days investment horizon. In other words, 30% of stocks are less volatile than Mayville, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Mayville Engineering Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mayville Engineering's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mayville Engineering Co, and traders can use it to determine the average amount a Mayville Engineering's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0182
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| Negative Returns | MEC |
Estimated Market Risk
| 3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mayville Engineering 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 Mayville Engineering by adding Mayville Engineering to a well-diversified portfolio.
Mayville Engineering Fundamentals Growth
Mayville Stock prices reflect investors' perceptions of the future prospects and financial health of Mayville Engineering, and Mayville Engineering fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mayville Stock performance.
| Return On Equity | 0.0525 | ||||
| Return On Asset | 0.0313 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 489.77 M | ||||
| Shares Outstanding | 20.64 M | ||||
| Price To Earning | 86.23 X | ||||
| Price To Book | 1.46 X | ||||
| Price To Sales | 0.57 X | ||||
| Revenue | 588.42 M | ||||
| Gross Profit | 66.9 M | ||||
| EBITDA | 55.05 M | ||||
| Net Income | 7.84 M | ||||
| Cash And Equivalents | 127 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 182.08 M | ||||
| Debt To Equity | 0.51 % | ||||
| Current Ratio | 1.38 X | ||||
| Book Value Per Share | 11.55 X | ||||
| Cash Flow From Operations | 40.36 M | ||||
| Earnings Per Share | 0.59 X | ||||
| Market Capitalization | 348.68 M | ||||
| Total Asset | 496.66 M | ||||
| Retained Earnings | 34.12 M | ||||
| Working Capital | 62.91 M | ||||
| Current Asset | 84.99 M | ||||
| Current Liabilities | 58.23 M | ||||
About Mayville Engineering Performance
By analyzing Mayville Engineering's fundamental ratios, stakeholders can gain valuable insights into Mayville Engineering's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mayville Engineering has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mayville Engineering has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 46.99 | 40.93 | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.05 | 0.03 | |
| Return On Assets | 0.02 | 0.01 | |
| Return On Equity | 0.03 | 0.04 |
Things to note about Mayville Engineering performance evaluation
Checking the ongoing alerts about Mayville Engineering for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mayville Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mayville Engineering generated a negative expected return over the last 90 days | |
| Mayville Engineering has high historical volatility and very poor performance | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: VEEA and MARQUEE Wireless Announce a Strategic Partnership that Extends Cellular Networks with Groundbreaking Smart City and Smart Energy Applications |
- Analyzing Mayville Engineering's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mayville Engineering's stock is overvalued or undervalued compared to its peers.
- Examining Mayville Engineering's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mayville Engineering's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mayville Engineering's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mayville Engineering's stock. These opinions can provide insight into Mayville Engineering's potential for growth and whether the stock is currently undervalued or overvalued.
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When running Mayville Engineering's price analysis, check to measure Mayville Engineering'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 Mayville Engineering is operating at the current time. Most of Mayville Engineering's value examination focuses on studying past and present price action to predict the probability of Mayville Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayville Engineering's price. Additionally, you may evaluate how the addition of Mayville Engineering to your portfolios can decrease your overall portfolio volatility.
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