FIRST MUTUAL (Zimbabwe) Price on November 4, 2024
| FMP Stock | 120.96 0.80 0.67% |
If you're considering investing in FIRST Stock, it is important to understand the factors that can impact its price. As of today, the current price of FIRST MUTUAL stands at 120.96, as last reported on the 25th of January, with the highest price reaching 120.96 and the lowest price hitting 120.16 during the day. FIRST MUTUAL appears to be very steady, given 3 months investment horizon. FIRST MUTUAL PROPERTIES secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18 % return per unit of volatility over the last 3 months. By evaluating FIRST MUTUAL's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please utilize FIRST MUTUAL's Market Risk Adjusted Performance of 7.26, downside deviation of 5.86, and Mean Deviation of 2.29 to check if our risk estimates are consistent with your expectations.
FIRST Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FIRST |
Sharpe Ratio = 0.1811
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FMP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.29 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average FIRST MUTUAL is performing at about 14% 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 FIRST MUTUAL by adding it to a well-diversified portfolio.
FIRST MUTUAL Valuation on November 4, 2024
It is possible to determine the worth of FIRST MUTUAL on a given historical date. On November 4, 2024 FIRST was worth 75.89 at the beginning of the trading date compared to the closed value of 75.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FIRST MUTUAL stock. Still, in general, we apply an absolute valuation method to find FIRST MUTUAL'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 FIRST MUTUAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FIRST MUTUAL's related companies.
| Open | High | Low | Close | Volume | |
| 75.89 | 75.89 | 75.89 | 75.89 | 1.00 | |
11/04/2024 | 75.89 | 75.89 | 75.89 | 75.89 | 1.00 |
| 75.89 | 75.89 | 75.00 | 75.00 | 600.00 |
| Backtest FIRST MUTUAL | | | FIRST MUTUAL History | Previous | Next |
FIRST MUTUAL Trading Date Momentum on November 4, 2024
| On November 05 2024 FIRST MUTUAL PROPERTIES was traded for 75.00 at the closing time. The highest price during the trading period was 75.89 and the lowest recorded bid was listed for 75.00 . The volume for the day was 600. This history from November 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.17% . The overall trading delta to the current price is 1.17% . |
Price Boundaries
FIRST MUTUAL Period Price Range
Low | January 25, 2025
| High |
0.00 | 0.00 |
FIRST MUTUAL PROPERTIES cannot be verified against its exchange. Please verify the symbol is currently traded on Zimbabwe 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.
FIRST MUTUAL January 25, 2025 Market Strength
Market strength indicators help investors to evaluate how FIRST MUTUAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FIRST MUTUAL shares will generate the highest return on investment. By undertsting and applying FIRST MUTUAL stock market strength indicators, traders can identify FIRST MUTUAL PROPERTIES entry and exit signals to maximize returns
FIRST MUTUAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FIRST MUTUAL's price direction in advance. Along with the technical and fundamental analysis of FIRST Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FIRST 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 | 0.1751 | |||
| Jensen Alpha | 0.8203 | |||
| Total Risk Alpha | 0.599 | |||
| Sortino Ratio | 0.1331 | |||
| Treynor Ratio | 7.25 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for FIRST Stock analysis
When running FIRST MUTUAL's price analysis, check to measure FIRST MUTUAL'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 FIRST MUTUAL is operating at the current time. Most of FIRST MUTUAL's value examination focuses on studying past and present price action to predict the probability of FIRST MUTUAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIRST MUTUAL's price. Additionally, you may evaluate how the addition of FIRST MUTUAL to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |