Meritage Homes (Germany) Market Value
| MEY Stock | EUR 60.00 1.00 1.69% |
| Symbol | Meritage |
Meritage Homes '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 Meritage Homes' 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 Meritage Homes.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Meritage Homes on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Meritage Homes or generate 0.0% return on investment in Meritage Homes over 90 days. Meritage Homes is related to or competes with DR Horton, LENNAR P, Lennar, NVR, Sekisui House, PulteGroup, and Toll Brothers. Meritage Homes Corporation designs and builds single-family homes in the United States More
Meritage Homes 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 Meritage Homes' 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 Meritage Homes upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.45 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 4.55 |
Meritage Homes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meritage Homes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meritage Homes' standard deviation. In reality, there are many statistical measures that can use Meritage Homes historical prices to predict the future Meritage Homes' volatility.| Risk Adjusted Performance | 0.0506 | |||
| Jensen Alpha | 0.0231 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1662 |
Meritage Homes Backtested Returns
At this point, Meritage Homes is very steady. Meritage Homes has Sharpe Ratio of 0.0654, which conveys that the firm had a 0.0654 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Meritage Homes, which you can use to evaluate the volatility of the firm. Please verify Meritage Homes' Mean Deviation of 1.76, risk adjusted performance of 0.0506, and Downside Deviation of 2.69 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Meritage Homes has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.65, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Meritage Homes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Meritage Homes is expected to be smaller as well. Meritage Homes right now secures a risk of 2.53%. Please verify Meritage Homes sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Meritage Homes will be following its current price movements.
Auto-correlation | -0.61 |
Very good reverse predictability
Meritage Homes has very good reverse predictability. Overlapping area represents the amount of predictability between Meritage Homes time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th 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 Meritage Homes price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Meritage Homes price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 6.91 |
Meritage Homes lagged returns against current returns
Autocorrelation, which is Meritage Homes 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 Meritage Homes' stock expected returns. We can calculate the autocorrelation of Meritage Homes returns to help us make a trade decision. For example, suppose you find that Meritage Homes 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 |
Meritage Homes 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 Meritage Homes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meritage Homes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meritage Homes stock over time.
Current vs Lagged Prices |
| Timeline |
Meritage Homes Lagged Returns
When evaluating Meritage Homes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meritage Homes stock have on its future price. Meritage Homes 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, Meritage Homes autocorrelation shows the relationship between Meritage Homes stock current value and its past values and can show if there is a momentum factor associated with investing in Meritage Homes.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Meritage Stock
Meritage Homes financial ratios help investors to determine whether Meritage Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Meritage with respect to the benefits of owning Meritage Homes security.