MayAir Technology (China) Price on January 29, 2024

688376 Stock   33.39  1.21  3.50%   
If you're considering investing in MayAir Stock, it is important to understand the factors that can impact its price. As of today, the current price of MayAir Technology stands at 33.39, as last reported on the 1st of January, with the highest price reaching 34.92 and the lowest price hitting 33.30 during the day. MayAir Technology has Sharpe Ratio of -0.0756, which conveys that the firm had a -0.0756% return per unit of risk over the last 3 months. MayAir Technology exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MayAir Technology's Mean Deviation of 3.05, downside deviation of 3.53, and Risk Adjusted Performance of 0.0815 to check out the risk estimate we provide.
  
MayAir Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0756

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Estimated Market Risk

 3.43
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average MayAir Technology 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 MayAir Technology by adding MayAir Technology to a well-diversified portfolio.
Price Book
2.6521
Enterprise Value Ebitda
19.8496
Price Sales
2.7437
Shares Float
40.9 M
Dividend Share
0.3

MayAir Technology Main Headline on 29th of January 2024

Transcript Ion Exchange Limited, Q3 2024 Earnings Call, Jan 29, 2024 Marketscreener.com

MayAir Technology Valuation on January 29, 2024

It is possible to determine the worth of MayAir Technology on a given historical date. On January 29, 2024 MayAir was worth 34.5 at the beginning of the trading date compared to the closed value of 33.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MayAir Technology stock. Still, in general, we apply an absolute valuation method to find MayAir Technology's 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 MayAir Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MayAir Technology's related companies.
 Open High Low Close Volume
  34.85    36.15    34.57    34.69    797,681  
01/29/2024
  34.50    35.07    33.23    33.28    680,498  
  33.22    34.26    31.70    32.03    694,042  
Backtest MayAir Technology  |  MayAir Technology History  |  MayAir Technology Valuation   PreviousNext  
Open Value
34.5
33.28
Closing Value
44.78
Upside

MayAir Technology Trading Date Momentum on January 29, 2024

On January 30 2024 MayAir Technology Co was traded for  32.03  at the closing time. The highest price during the trading period was 34.26  and the lowest recorded bid was listed for  31.70 . The volume for the day was 694 K. This history from January 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.76% . The trading delta at closing time to the current price is 7.66% .

MayAir Technology Fundamentals Correlations and Trends

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

About MayAir Technology Stock history

MayAir Technology 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 MayAir is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MayAir Technology 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 MayAir Technology stock prices may prove useful in developing a viable investing in MayAir Technology

MayAir Technology Stock Technical Analysis

MayAir Technology 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 MayAir Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MayAir Technology 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

MayAir Technology Period Price Range

Low
January 1, 2025
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High

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MayAir Technology Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.

MayAir Technology January 1, 2025 Market Strength

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

MayAir Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MayAir Technology's price direction in advance. Along with the technical and fundamental analysis of MayAir Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MayAir 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 MayAir Stock analysis

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