The ratio of current price to the 200-day moving average, indicating over/undervaluation vs long-term trend.
How Mayer Multiple is calculated
Price ÷ 200DMA. >2.4 = overheated, <1.0 = undervalued.
How to read it
- Cycle indicators measure price deviation from long-term averages or models, and the sample covers only a few cycles.
- Historical thresholds can structure staged buying or trimming plans, but a single trigger is not confirmation of a top or bottom.
Limitations and common misreads
- Historical thresholds come from a limited sample; future cycles can differ.
- Data providers can define the metric differently; cite the data date when quoting it.
- A single indicator is not investment advice and does not guarantee price direction.
Related indicators
Research and education only; not investment advice.
