Mayville Engineering Co Stock Market Value
| MEC Stock | USD 16.10 0.34 2.16% |
| Symbol | Mayville |
Is Industrial Machinery & Supplies & Components space 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 Mayville Engineering. If investors know Mayville 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 Mayville Engineering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Mayville Engineering is measured differently than its book value, which is the value of Mayville that is recorded on the company's balance sheet. Investors also form their own opinion of Mayville Engineering's value that differs from its market value or its book value, called intrinsic value, which is Mayville Engineering'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 Mayville Engineering's market value can be influenced by many factors that don't directly affect Mayville Engineering'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 Mayville Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mayville Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mayville Engineering'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.
Mayville Engineering 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Mayville Engineering's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Mayville Engineering.
| 04/27/2025 |
| 07/26/2025 |
If you would invest 0.00 in Mayville Engineering on April 27, 2025 and sell it all today you would earn a total of 0.00 from holding Mayville Engineering Co or generate 0.0% return on investment in Mayville Engineering over 90 days. Mayville Engineering is related to or competes with Northwest Pipe, Tredegar, Insteel Industries, Ryerson Holding, South Plains, Luxfer Holdings, and Red River. Mayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the ... More
Mayville Engineering Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Mayville Engineering's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Mayville Engineering Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.1042 | |||
| Maximum Drawdown | 17.47 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.46 |
Mayville Engineering Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mayville Engineering's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mayville Engineering's standard deviation. In reality, there are many statistical measures that can use Mayville Engineering historical prices to predict the future Mayville Engineering's volatility.| Risk Adjusted Performance | 0.1523 | |||
| Jensen Alpha | 0.4146 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.1264 | |||
| Treynor Ratio | 1.95 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mayville Engineering's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mayville Engineering Backtested Returns
Mayville Engineering appears to be not too volatile, given 3 months investment horizon. Mayville Engineering 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. We have found thirty technical indicators for Mayville Engineering, which you can use to evaluate the volatility of the firm. Please exercise Mayville Engineering's Risk Adjusted Performance of 0.1523, downside deviation of 2.08, and Mean Deviation of 1.8 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mayville Engineering holds a performance score of 14. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mayville Engineering's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mayville Engineering is expected to be smaller as well. Please check Mayville Engineering's potential upside, accumulation distribution, price action indicator, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Mayville Engineering's current price movements will revert.
Auto-correlation | 0.54 |
Modest predictability
Mayville Engineering Co has modest predictability. Overlapping area represents the amount of predictability between Mayville Engineering time series from 27th of April 2025 to 11th of June 2025 and 11th of June 2025 to 26th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mayville Engineering price movement. The serial correlation of 0.54 indicates that about 54.0% of current Mayville Engineering price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Mayville Engineering lagged returns against current returns
Autocorrelation, which is Mayville Engineering stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Mayville Engineering's stock expected returns. We can calculate the autocorrelation of Mayville Engineering returns to help us make a trade decision. For example, suppose you find that Mayville Engineering has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Mayville Engineering regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Mayville Engineering stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mayville Engineering stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mayville Engineering stock over time.
Current vs Lagged Prices |
| Timeline |
Mayville Engineering Lagged Returns
When evaluating Mayville Engineering's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mayville Engineering stock have on its future price. Mayville Engineering autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Mayville Engineering autocorrelation shows the relationship between Mayville Engineering stock current value and its past values and can show if there is a momentum factor associated with investing in Mayville Engineering Co.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Mayville Engineering offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mayville Engineering's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mayville Engineering Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mayville Engineering Co Stock:Check out Mayville Engineering Correlation, Mayville Engineering Volatility and Mayville Engineering Alpha and Beta module to complement your research on Mayville Engineering. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Mayville Engineering 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.