Meren Energy Inc (MER.TO)

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The chart shows the growth of an initial investment of CA$10,000 in Meren Energy Inc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Meren Energy Inc (MER.TO) has returned 38.67% so far this year and 31.99% over the past 12 months. Over the last ten years, MER.TO has returned 3.27% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.

Based on dividend-adjusted daily data since Jan 4, 1996, MER.TO's average daily return is +286.87%, while the average monthly return is +5,097.84%. At this rate, your investment would double in approximately 0.0 years.

Historically, 48% of months were positive and 52% were negative. The best month was Aug 1996 with a return of +1,849,900.0%, while the worst month was Dec 2008 at -67.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 14 months.

On a daily basis, MER.TO closed higher 32% of trading days. The best single day was Aug 8, 1996 with a return of +2,199,900.0%, while the worst single day was Jun 2, 2000 at -74.0%.

Meren Energy Inc has an annualized alpha of 8.58%, beta of 0.61, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since January 05, 1996.

• This stock participated in 60.86% of S&P 500 Index downside but only 34.47% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.61 may look defensive, but with R² of 0.03 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R² of 0.03 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

MER.TO ranks 68 for risk / return — better than 68% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Meren Energy Inc (MER.TO) and compare them to a chosen benchmark (S&P 500 Index).

Meren Energy Inc provided a 8.40% dividend yield over the last twelve months, with an annual payout of CA$0.21 per share.

The table displays the monthly dividend distributions for Meren Energy Inc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Meren Energy Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Meren Energy Inc was 98.27%, occurring on Sep 23, 1998. The portfolio has not yet recovered.

The current Meren Energy Inc drawdown is 73.73%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Meren Energy Inc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Meren Energy Inc is priced in the market compared to other companies in the Oil & Gas E&P industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.