Mge Energy Stock Alpha and Beta Analysis
| MGEE Stock | USD 94.46 0.52 0.55% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MGE Energy. It also helps investors analyze the systematic and unsystematic risks associated with investing in MGE Energy over a specified time horizon. Remember, high MGE Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to MGE Energy's market risk premium analysis include:
Beta 1.24 | Alpha 0.044 | Risk 1.68 | Sharpe Ratio 0.0373 | Expected Return 0.0625 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
MGE |
MGE Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MGE Energy market risk premium is the additional return an investor will receive from holding MGE Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MGE Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate MGE Energy's performance over market.| α | 0.04 | β | 1.24 |
MGE Energy expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of MGE Energy's Buy-and-hold return. Our buy-and-hold chart shows how MGE Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MGE Energy Market Price Analysis
Market price analysis 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 understating and applying MGE Energy stock market price indicators, traders can identify MGE Energy position entry and exit signals to maximize returns.
MGE Energy Return and Market Media
The median price of MGE Energy for the period between Tue, Sep 24, 2024 and Mon, Dec 23, 2024 is 92.89 with a coefficient of variation of 6.39. The daily time series for the period is distributed with a sample standard deviation of 6.13, arithmetic mean of 95.81, and mean deviation of 5.55. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | MGE Energy declares 0.45 dividend | 10/18/2024 |
2 | Why MGE is a Top Dividend Stock for Your Portfolio | 10/30/2024 |
3 | MGE Energy Has Some Way To Go To Become A Multi-Bagger | 11/05/2024 |
4 | MGE Lags Q3 Earnings Estimates | 11/06/2024 |
5 | MGE Energy Third Quarter 2024 Earnings EPS US1.13 | 11/08/2024 |
6 | Speece Thorson Capital Group Inc. Has 10.23 Million Stock Holdings in MGE Energy, Inc. | 11/13/2024 |
7 | MGE Energy Increased Capital Investment Plan Comes Amid Regulatory Clarity in Wisconsin - Morningstar | 11/18/2024 |
8 | MGE Energy, Inc. Plans Quarterly Dividend of 0.45 | 11/27/2024 |
9 | Acquisition by Wolter Gary J of 1144 shares of MGE Energy subject to Rule 16b-3 | 12/04/2024 |
10 | MGE Energy Takes On Some Risk With Its Use Of Debt | 12/05/2024 |
11 | We Energies wins upwards of 2.5B in loans for renewable projects | 12/18/2024 |
About MGE Energy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including MGE or other stocks. Alpha measures the amount that position in MGE Energy has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0184 | 0.0226 | 0.0231 | 0.0417 | Price To Sales Ratio | 4.9 | 3.56 | 3.79 | 3.98 |
MGE Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of MGE Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MGE Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of MGE Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of MGE Energy. Please utilize our Beneish M Score to check the likelihood of MGE Energy's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with MGE Energy
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Align your risk with return expectations
Check out MGE Energy Backtesting, MGE Energy Valuation, MGE Energy Correlation, MGE Energy Hype Analysis, MGE Energy Volatility, MGE Energy History and analyze MGE Energy Performance. For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.