Microequities Asset (Australia) Price on November 5, 2024
| MAM Stock | 0.52 0.01 1.89% |
Below is the normalized historical share price chart for Microequities Asset Management extending back to April 30, 2018. 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 Microequities Asset stands at 0.52, as last reported on the 24th of December, with the highest price reaching 0.52 and the lowest price hitting 0.52 during the day.
If you're considering investing in Microequities Stock, it is important to understand the factors that can impact its price. Microequities Asset has Sharpe Ratio of -0.02, which conveys that the firm had a -0.02% return per unit of risk over the last 3 months. Microequities Asset exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Microequities Asset's Risk Adjusted Performance of (0.01), mean deviation of 1.17, and Standard Deviation of 1.95 to check out the risk estimate we provide.
At this time, Microequities Asset's Other Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 3.1 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 127.3 M in 2024. . Microequities Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.547 | 50 Day MA 0.5182 | Beta 1.21 |
Microequities |
Sharpe Ratio = -0.02
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| Negative Returns | MAM |
Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Microequities Asset 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 Microequities Asset by adding Microequities Asset to a well-diversified portfolio.
Price Book 3.2543 | Enterprise Value Ebitda 7.3082 | Price Sales 5.2964 | Shares Float 23.4 M | Dividend Share 0.036 |
Microequities Asset Valuation on November 5, 2024
It is possible to determine the worth of Microequities Asset on a given historical date. On November 5, 2024 Microequities was worth 0.51 at the beginning of the trading date compared to the closed value of 0.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Microequities Asset stock. Still, in general, we apply an absolute valuation method to find Microequities Asset'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 Microequities Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Microequities Asset's related companies.
| Open | High | Low | Close | Volume | |
| 0.51 | 0.51 | 0.51 | 0.51 | 1.00 | |
11/05/2024 | 0.51 | 0.51 | 0.51 | 0.51 | 1.00 |
| 0.52 | 0.52 | 0.50 | 0.50 | 59,045 |
| Backtest Microequities Asset | | | Microequities Asset History | | | Microequities Asset Valuation | Previous | Next |
Microequities Asset Trading Date Momentum on November 5, 2024
| On November 06 2024 Microequities Asset Management was traded for 0.50 at the closing time. The maximum traded price for the trading interval was 0.52 and the lowest daily price was 0.50 . The daily volume was recorded at 59 K. The volume of trading on 6th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.96% . The trading delta at closing time to the closing price today is 1.96% . |
Microequities Asset Fundamentals Correlations and Trends
By evaluating Microequities Asset'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 Microequities Asset's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Microequities financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Microequities Asset Stock history
Microequities Asset 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 Microequities is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Microequities Asset 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 Microequities Asset stock prices may prove useful in developing a viable investing in Microequities Asset
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 133.1 M | 127.3 M | |
| Net Income Applicable To Common Shares | 6.5 M | 7.4 M |
Microequities Asset Stock Technical Analysis
Microequities Asset 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
Microequities Asset Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Microequities Asset Management cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Microequities Asset December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Microequities Asset stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Microequities Asset shares will generate the highest return on investment. By undertsting and applying Microequities Asset stock market strength indicators, traders can identify Microequities Asset Management entry and exit signals to maximize returns
Microequities Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Microequities Asset's price direction in advance. Along with the technical and fundamental analysis of Microequities Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Microequities 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 | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.1579 |
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Additional Tools for Microequities Stock Analysis
When running Microequities Asset's price analysis, check to measure Microequities Asset'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 Microequities Asset is operating at the current time. Most of Microequities Asset's value examination focuses on studying past and present price action to predict the probability of Microequities Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microequities Asset's price. Additionally, you may evaluate how the addition of Microequities Asset to your portfolios can decrease your overall portfolio volatility.