Miracll Chemicals (China) Price on December 9, 2024

300848 Stock   15.35  0.52  3.28%   
If you're considering investing in Miracll Stock, it is important to understand the factors that can impact its price. As of today, the current price of Miracll Chemicals stands at 15.35, as last reported on the 4th of January, with the highest price reaching 15.97 and the lowest price hitting 15.35 during the day. Miracll Chemicals has Sharpe Ratio of -0.0454, which conveys that the firm had a -0.0454% return per unit of risk over the last 3 months. Miracll Chemicals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Miracll Chemicals' Standard Deviation of 3.9, mean deviation of 2.57, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
  
Miracll Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0454

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Estimated Market Risk

 3.9
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Miracll Chemicals is not performing at its full potential. However, 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 Miracll Chemicals by adding Miracll Chemicals to a well-diversified portfolio.

Miracll Chemicals Valuation on December 9, 2024

It is possible to determine the worth of Miracll Chemicals on a given historical date. On December 9, 2024 Miracll was worth 18.44 at the beginning of the trading date compared to the closed value of 18.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miracll Chemicals stock. Still, in general, we apply an absolute valuation method to find Miracll Chemicals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Miracll Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miracll Chemicals' related companies.
 Open High Low Close Volume
  18.55    18.86    18.20    18.64    2,754,425  
12/09/2024
  18.44    18.90    18.26    18.44    2,394,862  
  19.14    19.24    18.30    18.40    4,015,260  
Backtest Miracll Chemicals  |  Miracll Chemicals History  |  Miracll Chemicals Valuation   PreviousNext  
Open Value
18.44
18.44
Closing Value
30.15
Upside

Miracll Chemicals Trading Date Momentum on December 9, 2024

On December 10 2024 Miracll Chemicals Co was traded for  18.40  at the closing time. The highest price during the trading period was 19.24  and the lowest recorded bid was listed for  18.30 . The volume for the day was 4 M. This history from December 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.22% . The trading delta at closing time to the current price is 7.10% .

Miracll Chemicals Fundamentals Correlations and Trends

By evaluating Miracll Chemicals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Miracll Chemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Miracll financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Miracll Chemicals Stock history

Miracll Chemicals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Miracll is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Miracll Chemicals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Miracll Chemicals stock prices may prove useful in developing a viable investing in Miracll Chemicals

Miracll Chemicals Stock Technical Analysis

Miracll Chemicals 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.
A focus of Miracll Chemicals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Miracll Chemicals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Miracll Chemicals Period Price Range

Low
January 4, 2025
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Miracll Chemicals Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Miracll Chemicals January 4, 2025 Market Strength

Market strength indicators help investors to evaluate how Miracll Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Miracll Chemicals shares will generate the highest return on investment. By undertsting and applying Miracll Chemicals stock market strength indicators, traders can identify Miracll Chemicals Co entry and exit signals to maximize returns

Miracll Chemicals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Miracll Chemicals' price direction in advance. Along with the technical and fundamental analysis of Miracll Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Miracll to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Miracll Stock analysis

When running Miracll Chemicals' price analysis, check to measure Miracll Chemicals' 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 Miracll Chemicals is operating at the current time. Most of Miracll Chemicals' value examination focuses on studying past and present price action to predict the probability of Miracll Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miracll Chemicals' price. Additionally, you may evaluate how the addition of Miracll Chemicals to your portfolios can decrease your overall portfolio volatility.
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