MEITUAN UNSPADR/2B (Germany) Price on November 4, 2024
| 9MDA Stock | EUR 40.80 0.40 0.97% |
If you're considering investing in MEITUAN Stock, it is important to understand the factors that can impact its price. As of today, the current price of MEITUAN UNSPADR/2B stands at 40.80, as last reported on the 30th of November, with the highest price reaching 40.80 and the lowest price hitting 40.00 during the day. MEITUAN UNSPADR/2B appears to be not too volatile, given 3 months investment horizon. MEITUAN UNSPADR/2B has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of volatility over the last 3 months. By evaluating MEITUAN UNSPADR/2B's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please exercise MEITUAN UNSPADR/2B's risk adjusted performance of 0.1189, and Mean Deviation of 3.29 to check out if our risk estimates are consistent with your expectations.
MEITUAN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MEITUAN |
Sharpe Ratio = 0.1511
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Estimated Market Risk
| 5.21 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average MEITUAN UNSPADR/2B is performing at about 11% 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 MEITUAN UNSPADR/2B by adding it to a well-diversified portfolio.
MEITUAN UNSPADR/2B Valuation on November 4, 2024
It is possible to determine the worth of MEITUAN UNSPADR/2B on a given historical date. On November 4, 2024 MEITUAN was worth 43.4 at the beginning of the trading date compared to the closed value of 43.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MEITUAN UNSPADR/2B stock. Still, in general, we apply an absolute valuation method to find MEITUAN UNSPADR/2B'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 MEITUAN UNSPADR/2B where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MEITUAN UNSPADR/2B's related companies.
| Open | High | Low | Close | Volume | |
| 43.20 | 43.20 | 43.20 | 43.20 | 43.00 | |
11/04/2024 | 43.40 | 43.40 | 43.40 | 43.40 | 1.00 |
| 44.80 | 44.80 | 44.60 | 44.60 | 1.00 |
| Backtest MEITUAN UNSPADR/2B | | | MEITUAN UNSPADR/2B History | | | MEITUAN UNSPADR/2B Valuation | Previous | Next |
MEITUAN UNSPADR/2B Trading Date Momentum on November 4, 2024
| On November 05 2024 MEITUAN UNSPADR2B was traded for 44.60 at the closing time. The maximum traded price for the trading interval was 44.80 and the lowest daily price was 44.60 . There was no trading activity during the period 1.0. Lack of trading volume on 5th of November 2024 played a part in the next trading day price rise. The daily price change to the next closing price was 2.76% . The trading delta at closing time to the closing price today is 7.37% . |
MEITUAN UNSPADR/2B Fundamentals Correlations and Trends
By evaluating MEITUAN UNSPADR/2B'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 MEITUAN UNSPADR/2B's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MEITUAN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MEITUAN UNSPADR/2B Stock history
MEITUAN UNSPADR/2B 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 MEITUAN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MEITUAN UNSPADR/2B 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 MEITUAN UNSPADR/2B stock prices may prove useful in developing a viable investing in MEITUAN UNSPADR/2B
Meituan, an investment holding company, provides an e-commerce platform that uses technology to connect consumers and merchants. Meituan was founded in 2003 and is headquartered in Beijing, China. MEITUAN UNSP operates under Internet Retail classification in Germany and is traded on Frankfurt Stock Exchange. It employs 69205 people.
MEITUAN UNSPADR/2B Stock Technical Analysis
MEITUAN UNSPADR/2B 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
MEITUAN UNSPADR/2B Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
MEITUAN UNSPADR2B cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
MEITUAN UNSPADR/2B November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how MEITUAN UNSPADR/2B stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MEITUAN UNSPADR/2B shares will generate the highest return on investment. By undertsting and applying MEITUAN UNSPADR/2B stock market strength indicators, traders can identify MEITUAN UNSPADR2B entry and exit signals to maximize returns
MEITUAN UNSPADR/2B Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MEITUAN UNSPADR/2B's price direction in advance. Along with the technical and fundamental analysis of MEITUAN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MEITUAN 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 | 0.1189 | |||
| Jensen Alpha | 0.6216 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1551 | |||
| Treynor Ratio | 0.7795 |
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Complementary Tools for MEITUAN Stock analysis
When running MEITUAN UNSPADR/2B's price analysis, check to measure MEITUAN UNSPADR/2B'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 MEITUAN UNSPADR/2B is operating at the current time. Most of MEITUAN UNSPADR/2B's value examination focuses on studying past and present price action to predict the probability of MEITUAN UNSPADR/2B's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEITUAN UNSPADR/2B's price. Additionally, you may evaluate how the addition of MEITUAN UNSPADR/2B to your portfolios can decrease your overall portfolio volatility.
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