MayAir Technology (China) Price on November 14, 2023
688376 Stock | 31.96 0.06 0.19% |
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 31.96, as last reported on the 7th of January, with the highest price reaching 32.49 and the lowest price hitting 31.70 during the day. MayAir Technology has Sharpe Ratio of -0.0698, which conveys that the firm had a -0.0698% 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 Downside Deviation of 3.41, risk adjusted performance of 0.0448, and Mean Deviation of 2.97 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.
MayAir |
Sharpe Ratio = -0.0698
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 688376 |
Estimated Market Risk
3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 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 2.4498 | Enterprise Value Ebitda 18.2613 | Price Sales 2.6911 | Shares Float 40.9 M | Dividend Share 0.3 |
MayAir Technology Main Headline on 14th of November 2023
H2O Innovation Reports Q1 Revenue of 59.3 Million, up 5.7 pe... by news.google.com
H2O Innovation Reports Q1 Revenue of 59.3 Million, up 5.7 Marketscreener.com
MayAir Technology Valuation on November 14, 2023
It is possible to determine the worth of MayAir Technology on a given historical date. On November 14, 2023 MayAir was worth 38.1 at the beginning of the trading date compared to the closed value of 38.61. 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 | |
39.20 | 39.23 | 37.54 | 38.56 | 2,181,609 | |
11/14/2023 | 38.10 | 39.14 | 37.82 | 38.61 | 1,757,585 |
38.58 | 39.08 | 37.42 | 37.49 | 1,855,705 |
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MayAir Technology Trading Date Momentum on November 14, 2023
On November 15 2023 MayAir Technology Co was traded for 37.49 at the closing time. The highest price during the trading period was 39.08 and the lowest recorded bid was listed for 37.42 . The volume for the day was 1.9 M. This history from November 15, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 2.90% . The trading delta at closing time to the current price is 2.38% . |
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.
Price Boundaries
MayAir Technology Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
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 7, 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.
Risk Adjusted Performance | 0.0448 | |||
Jensen Alpha | 0.1907 | |||
Total Risk Alpha | 0.092 | |||
Sortino Ratio | 0.0509 | |||
Treynor Ratio | 3.91 |
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Volume Indicators |
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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