Mercedes Benz Group Ag Stock Price on June 6, 2024
MBGYY Stock | USD 13.76 0.13 0.95% |
If you're considering investing in Mercedes-Benz Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mercedes-Benz Group stands at 13.76, as last reported on the 28th of November, with the highest price reaching 13.85 and the lowest price hitting 13.73 during the day. Mercedes Benz Group has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Mercedes-Benz Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mercedes-Benz Group's Standard Deviation of 1.85, mean deviation of 1.31, and Risk Adjusted Performance of (0.13) to check out the risk estimate we provide.
Mercedes-Benz Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Mercedes-Benz |
Sharpe Ratio = -0.1803
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Estimated Market Risk
1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mercedes-Benz 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 Mercedes-Benz Group by adding Mercedes-Benz Group to a well-diversified portfolio.
Mercedes-Benz Group Valuation on June 6, 2024
It is possible to determine the worth of Mercedes-Benz Group on a given historical date. On June 6, 2024 Mercedes-Benz was worth 17.75 at the beginning of the trading date compared to the closed value of 17.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mercedes-Benz Group pink sheet. Still, in general, we apply an absolute valuation method to find Mercedes-Benz 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 Mercedes-Benz Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mercedes-Benz Group's related companies.
Open | High | Low | Close | Volume | |
17.84 | 17.89 | 17.68 | 17.81 | 133,200 | |
06/06/2024 | 17.75 | 17.88 | 17.73 | 17.82 | 101,600 |
17.57 | 17.61 | 17.51 | 17.51 | 78,100 |
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Mercedes-Benz Group Trading Date Momentum on June 6, 2024
On June 07 2024 Mercedes Benz Group AG was traded for 17.51 at the closing time. The highest daily price throughout the period was 17.61 and the lowest price was 17.51 . The daily volume was 78.1 K. The net trading volume on 06/07/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.74% . The trading delta at closing time to current closing price is 4.38% . |
Mercedes Benz Group Fundamentals Correlations and Trends
By evaluating Mercedes-Benz 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 Mercedes-Benz Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mercedes-Benz financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mercedes-Benz Group Pink Sheet history
Mercedes-Benz 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 Mercedes-Benz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mercedes Benz Group 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 Mercedes-Benz Group stock prices may prove useful in developing a viable investing in Mercedes-Benz Group
Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. Mercedes-Benz Group AG was founded in 1886 and is headquartered in Stuttgart, Germany. Mercedes Benz is traded on OTC Exchange in the United States.
Mercedes-Benz Group Pink Sheet Technical Analysis
Mercedes-Benz Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Mercedes-Benz Group Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Mercedes-Benz Group November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Mercedes-Benz Group pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mercedes-Benz Group shares will generate the highest return on investment. By undertsting and applying Mercedes-Benz Group pink sheet market strength indicators, traders can identify Mercedes Benz Group AG entry and exit signals to maximize returns
Mercedes-Benz Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mercedes-Benz Group's price direction in advance. Along with the technical and fundamental analysis of Mercedes-Benz Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mercedes-Benz 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 | (0.13) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | 1.19 |
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Additional Tools for Mercedes-Benz Pink Sheet Analysis
When running Mercedes-Benz Group's price analysis, check to measure Mercedes-Benz Group'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 Mercedes-Benz Group is operating at the current time. Most of Mercedes-Benz Group's value examination focuses on studying past and present price action to predict the probability of Mercedes-Benz Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercedes-Benz Group's price. Additionally, you may evaluate how the addition of Mercedes-Benz Group to your portfolios can decrease your overall portfolio volatility.