Mesa Air Group Stock Technical Analysis
| MESA Stock | USD 0.86 0.02 2.27% |
As of the 18th of November 2024, Mesa Air secures the Standard Deviation of 3.89, mean deviation of 2.67, and Risk Adjusted Performance of (0.1). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mesa Air Group, as well as the relationship between them.
Mesa Air Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mesa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MesaMesa |
Mesa Air Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 2.0 | Strong Sell | 0 | Odds |
Most Mesa analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Mesa stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Mesa Air Group, talking to its executives and customers, or listening to Mesa conference calls.
Mesa Analyst Advice DetailsMesa Air 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.
Mesa Air Group Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Mesa Air Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mesa Air Group Trend Analysis
Use this graph to draw trend lines for Mesa Air Group. You can use it to identify possible trend reversals for Mesa Air as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Mesa Air price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mesa Air Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mesa Air Group applied against its price change over selected period. The best fit line has a slop of 0.0075 , which may suggest that Mesa Air Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.12, which is the sum of squared deviations for the predicted Mesa Air price change compared to its average price change.About Mesa Air Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Mesa Air Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Mesa Air Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mesa Air Group price pattern first instead of the macroeconomic environment surrounding Mesa Air Group. By analyzing Mesa Air's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Mesa Air's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Mesa Air specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 (projected) | Days Sales Outstanding | 2.73 | 6.05 | PTB Ratio | 0.19 | 0.17 |
Mesa Air November 18, 2024 Technical Indicators
Most technical analysis of Mesa help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mesa from various momentum indicators to cycle indicators. When you analyze Mesa charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (1.24) | |||
| Mean Deviation | 2.67 | |||
| Coefficient Of Variation | (710.79) | |||
| Standard Deviation | 3.89 | |||
| Variance | 15.12 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | (1.25) | |||
| Maximum Drawdown | 28.65 | |||
| Value At Risk | (6.38) | |||
| Potential Upside | 4.6 | |||
| Skewness | (0.88) | |||
| Kurtosis | 5.24 |
Complementary Tools for Mesa Stock analysis
When running Mesa Air's price analysis, check to measure Mesa Air'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 Mesa Air is operating at the current time. Most of Mesa Air's value examination focuses on studying past and present price action to predict the probability of Mesa Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesa Air's price. Additionally, you may evaluate how the addition of Mesa Air to your portfolios can decrease your overall portfolio volatility.
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