Miracll Chemicals (China) Price on December 12, 2024
| 300848 Stock | 17.26 0.10 0.58% |
Below is the normalized historical share price chart for Miracll Chemicals Co extending back to July 20, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Miracll Chemicals stands at 17.26, as last reported on the 21st of December, with the highest price reaching 17.64 and the lowest price hitting 17.13 during the day.
If you're considering investing in Miracll Stock, it is important to understand the factors that can impact its price. Miracll Chemicals appears to be somewhat reliable, given 3 months investment horizon. Miracll Chemicals has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Miracll Chemicals' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please exercise Miracll Chemicals' Downside Deviation of 3.82, risk adjusted performance of 0.1117, and Mean Deviation of 2.91 to check out if our risk estimates are consistent with your expectations.
At present, Miracll Chemicals' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 3.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 170.5 M. . Miracll Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 15.6381 | 50 Day MA 18.0922 | Beta 0.454 |
Miracll |
Sharpe Ratio = 0.135
| Best Portfolio | Best Equity | |||
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| Small Returns | 300848 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.43 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Miracll Chemicals is performing at about 10% 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 Miracll Chemicals by adding it to a well-diversified portfolio.
Price Book 5.5592 | Enterprise Value Ebitda 113.169 | Price Sales 4.4934 | Shares Float 109.2 M | Dividend Share 0.077 |
Miracll Chemicals Main Headline on 12th of December 2024
The Returns On Capital At Miracll ChemicalsLtd Dont Inspire ... by news.google.com
The Returns On Capital At Miracll ChemicalsLtd Dont Inspire Confidence Simply Wall St
Miracll Chemicals Valuation on December 12, 2024
It is possible to determine the worth of Miracll Chemicals on a given historical date. On December 12, 2024 Miracll was worth 18.72 at the beginning of the trading date compared to the closed value of 19.38. 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 | |
| 18.44 | 18.84 | 18.20 | 18.66 | 3,749,657 | |
12/12/2024 | 18.72 | 19.80 | 18.61 | 19.38 | 6,744,305 |
| 19.32 | 19.38 | 18.57 | 18.63 | 3,902,330 |
| Backtest Miracll Chemicals | | | Miracll Chemicals History | | | Miracll Chemicals Valuation | Previous | Next |
Miracll Chemicals Trading Date Momentum on December 12, 2024
| On December 13 2024 Miracll Chemicals Co was traded for 18.63 at the closing time. The highest price during the trading period was 19.38 and the lowest recorded bid was listed for 18.57 . The volume for the day was 3.9 M. This history from December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.87% . The trading delta at closing time to the current price is 10.37% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 318.6 M | 170.5 M | |
| Net Income Applicable To Common Shares | 128 M | 94.5 M |
Miracll Chemicals Quarterly Net Working Capital |
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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.
Price Boundaries
Miracll Chemicals Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
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 December 21, 2024 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.
| Risk Adjusted Performance | 0.1117 | |||
| Jensen Alpha | 0.5459 | |||
| Total Risk Alpha | 0.4254 | |||
| Sortino Ratio | 0.1366 | |||
| Treynor Ratio | (6.66) |
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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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