Massimo Group Common Stock Price on December 4, 2024

MAMO Stock   2.82  0.06  2.08%   
If you're considering investing in Massimo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Massimo Group stands at 2.82, as last reported on the 12th of December 2024, with the highest price reaching 2.96 and the lowest price hitting 2.80 during the day. Massimo Group Common has Sharpe Ratio of -0.0516, which conveys that the firm had a -0.0516% return per unit of risk over the last 3 months. Massimo Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Massimo Group's Standard Deviation of 5.92, risk adjusted performance of (0.02), and Mean Deviation of 3.69 to check out the risk estimate we provide.
  
At this time, Massimo Group's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 12th of December 2024, Issuance Of Capital Stock is likely to grow to about 726.7 K, while Total Stockholder Equity is likely to drop about 14.3 M. . At this time, Massimo Group's Price To Sales Ratio is very stable compared to the past year. As of the 12th of December 2024, Price Book Value Ratio is likely to grow to 9.18, while Price Earnings Ratio is likely to drop 11.34. Massimo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0516

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Estimated Market Risk

 6.05
  actual daily
53
53% of assets are less volatile

Expected Return

 -0.31
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Massimo Group 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 Massimo Group by adding Massimo Group to a well-diversified portfolio.
Price Book
6.5189
Enterprise Value Ebitda
9.4003
Price Sales
1.1934
Shares Float
4.9 M
Earnings Share
0.33

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Massimo Group Valuation on December 4, 2024

It is possible to determine the worth of Massimo Group on a given historical date. On December 4, 2024 Massimo was worth 2.92 at the beginning of the trading date compared to the closed value of 2.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Massimo Group stock. Still, in general, we apply an absolute valuation method to find Massimo Group'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 Massimo Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Massimo Group's related companies.
 Open High Low Close Volume
  2.94    2.99    2.79    2.90    182,210  
12/04/2024
  2.92    3.19    2.89    2.91    177,504  
  2.91    3.07    2.75    2.76    161,400  
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Open Value
2.92
2.91
Closing Value
21.06
Upside

Massimo Group Trading Date Momentum on December 4, 2024

On December 05 2024 Massimo Group Common was traded for  2.76  at the closing time. The top price for the day was 3.07  and the lowest listed price was  2.75 . The trading volume for the day was 161.4 K. The trading history from December 5, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 5.15% . The trading delta at closing time against the current closing price is 1.37% .

Massimo Group Common Fundamentals Correlations and Trends

By evaluating Massimo Group'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 Massimo Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Massimo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Massimo Group Stock history

Massimo Group 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 Massimo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Massimo Group Common 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 Massimo Group stock prices may prove useful in developing a viable investing in Massimo Group
Last ReportedProjected for Next Year
Common Stock Shares Outstanding37.2 M33 M

Massimo Group Quarterly Net Working Capital

18.81 Million

Massimo Group Stock Technical Analysis

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

Massimo Group Period Price Range

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Massimo Group December 12, 2024 Market Strength

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

Massimo Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Massimo Group's price direction in advance. Along with the technical and fundamental analysis of Massimo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Massimo 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.
When determining whether Massimo Group Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Massimo Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Massimo Group Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Massimo Group Common Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Massimo Group Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Motorcycle Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Massimo Group. If investors know Massimo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Massimo Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.365
Earnings Share
0.33
Revenue Per Share
3.349
Quarterly Revenue Growth
0.324
The market value of Massimo Group Common is measured differently than its book value, which is the value of Massimo that is recorded on the company's balance sheet. Investors also form their own opinion of Massimo Group's value that differs from its market value or its book value, called intrinsic value, which is Massimo Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Massimo Group's market value can be influenced by many factors that don't directly affect Massimo Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Massimo Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Massimo Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Massimo Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.