MITIE GROUP (UK) Performance

MTO
 Stock
  

GBp 62.80  1.30  2.11%   

MITIE GROUP has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.4961, which conveys possible diversification benefits within a given portfolio. Let's try to break down what MITIE's beta means in this case. As returns on the market increase, MITIE GROUP returns are expected to increase less than the market. However, during the bear market, the loss on holding MITIE GROUP will be expected to be smaller as well. Although it is important to respect MITIE GROUP PLC price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The approach into estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting MITIE GROUP PLC technical indicators, you can now evaluate if the expected return of 0.14% will be sustainable into the future. MITIE GROUP PLC currently secures a risk of 2.11%. Please verify MITIE GROUP PLC maximum drawdown, as well as the relationship between the downside variance and skewness to decide if MITIE GROUP PLC will be following its current price movements.
  
MITIE Performance
5 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in MITIE GROUP PLC are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Even with relatively sluggish basic indicators, MITIE GROUP may actually be approaching a critical reversion point that can send shares even higher in October 2022. ...more

MITIE Price Channel

Quick Ratio0.90
Fifty Two Week Low44.70
Target High Price99.00
Payout Ratio20.00%
Fifty Two Week High81.00
Target Low Price77.00

MITIE GROUP Relative Risk vs. Return Landscape

If you would invest  5,710  in MITIE GROUP PLC on July 2, 2022 and sell it today you would earn a total of  440.00  from holding MITIE GROUP PLC or generate 7.71% return on investment over 90 days. MITIE GROUP PLC is currently producing 0.1419% returns and takes up 2.1062% volatility of returns over 90 trading days. Put another way, 18% of traded stocks are less volatile than MITIE, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon MITIE GROUP is expected to generate 1.86 times more return on investment than the market. However, the company is 1.86 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

MITIE GROUP Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for MITIE GROUP's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MITIE GROUP PLC, and traders can use it to determine the average amount a MITIE GROUP's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0674

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Estimated Market Risk
 2.11
  actual daily
 
 18 %
of total potential
 
1818
Expected Return
 0.14
  actual daily
 
 2 %
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22
Risk-Adjusted Return
 0.07
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 5 %
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55
Based on monthly moving average MITIE GROUP is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MITIE GROUP by adding it to a well-diversified portfolio.

About MITIE GROUP Performance

To evaluate MITIE GROUP PLC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when MITIE GROUP generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare MITIE Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand MITIE GROUP PLC market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents MITIE's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. Mitie Group plc was incorporated in 1936 and is headquartered in London, the United Kingdom. MITIE GROUP operates under Specialty Business Services classification in UK and is traded on London Stock Exchange. It employs 71330 people.

Things to note about MITIE GROUP PLC

Checking the ongoing alerts about MITIE GROUP for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MITIE GROUP PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

MITIE GROUP Alerts

Equity Alerts and Improvement Suggestions

The company has accumulated 300.6 M in total debt with debt to equity ratio (D/E) of 0.71, which is about average as compared to similar companies. MITIE GROUP PLC has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MITIE GROUP until it has trouble settling it off, either with new capital or with free cash flow. So, MITIE GROUP's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MITIE GROUP PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MITIE to invest in growth at high rates of return. When we think about MITIE GROUP's use of debt, we should always consider it together with cash and equity.
Over 85.0% of MITIE GROUP shares are owned by institutional investors
Additionally, see Correlation Analysis. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running MITIE GROUP PLC price analysis, check to measure MITIE GROUP'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 MITIE GROUP is operating at the current time. Most of MITIE GROUP's value examination focuses on studying past and present price action to predict the probability of MITIE GROUP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MITIE GROUP's price. Additionally, you may evaluate how the addition of MITIE GROUP to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between MITIE GROUP's value and its price as these two are different measures arrived at by different means. Investors typically determine MITIE GROUP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MITIE GROUP'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.