Montrose Environmental Grp Stock Market Value
| MEG Stock | USD 20.57 2.12 9.34% |
| Symbol | Montrose |
Is Environmental & Facilities Services 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 Montrose Environmental. If investors know Montrose 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 Montrose Environmental 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 Montrose Environmental is measured differently than its book value, which is the value of Montrose that is recorded on the company's balance sheet. Investors also form their own opinion of Montrose Environmental's value that differs from its market value or its book value, called intrinsic value, which is Montrose Environmental'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 Montrose Environmental's market value can be influenced by many factors that don't directly affect Montrose Environmental'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 Montrose Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montrose Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montrose Environmental'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.
Montrose Environmental '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 Montrose Environmental'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 Montrose Environmental.
| 05/05/2025 |
| 08/03/2025 |
If you would invest 0.00 in Montrose Environmental on May 5, 2025 and sell it all today you would earn a total of 0.00 from holding Montrose Environmental Grp or generate 0.0% return on investment in Montrose Environmental over 90 days. Montrose Environmental is related to or competes with Casella Waste, Gfl Environmental, Lee Enterprises, E W, New York, Gannett, and Gray Television. Montrose Environmental Group, Inc. operates as an environmental services company in the United States More
Montrose Environmental 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 Montrose Environmental'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 Montrose Environmental Grp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | 0.1182 | |||
| Maximum Drawdown | 26.95 | |||
| Value At Risk | (3.74) | |||
| Potential Upside | 5.87 |
Montrose Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Montrose Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Montrose Environmental's standard deviation. In reality, there are many statistical measures that can use Montrose Environmental historical prices to predict the future Montrose Environmental's volatility.| Risk Adjusted Performance | 0.1253 | |||
| Jensen Alpha | 0.5585 | |||
| Total Risk Alpha | 0.0553 | |||
| Sortino Ratio | 0.1578 | |||
| Treynor Ratio | (2.59) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Montrose Environmental'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.
Montrose Environmental Backtested Returns
Montrose Environmental appears to be not too volatile, given 3 months investment horizon. Montrose Environmental 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. By analyzing Montrose Environmental's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Montrose Environmental's Risk Adjusted Performance of 0.1253, mean deviation of 2.47, and Downside Deviation of 2.75 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Montrose Environmental holds a performance score of 11. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Montrose Environmental are expected to decrease at a much lower rate. During the bear market, Montrose Environmental is likely to outperform the market. Please check Montrose Environmental's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Montrose Environmental's current price movements will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Montrose Environmental Grp has insignificant predictability. Overlapping area represents the amount of predictability between Montrose Environmental time series from 5th of May 2025 to 19th of June 2025 and 19th of June 2025 to 3rd of August 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 Montrose Environmental price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Montrose Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
Montrose Environmental lagged returns against current returns
Autocorrelation, which is Montrose Environmental 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 Montrose Environmental's stock expected returns. We can calculate the autocorrelation of Montrose Environmental returns to help us make a trade decision. For example, suppose you find that Montrose Environmental 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 |
Montrose Environmental 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 Montrose Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Montrose Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Montrose Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
Montrose Environmental Lagged Returns
When evaluating Montrose Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Montrose Environmental stock have on its future price. Montrose Environmental 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, Montrose Environmental autocorrelation shows the relationship between Montrose Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Montrose Environmental Grp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
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| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
Check out Montrose Environmental Correlation, Montrose Environmental Volatility and Montrose Environmental Alpha and Beta module to complement your research on Montrose Environmental. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Montrose Environmental 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.