Mitsubishi (Germany) Price on August 2, 2023

MBI Stock  EUR 15.56  0.46  3.05%   
If you're considering investing in Mitsubishi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mitsubishi stands at 15.56, as last reported on the 29th of December, with the highest price reaching 16.18 and the lowest price hitting 15.55 during the day. Mitsubishi has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Mitsubishi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitsubishi's Mean Deviation of 1.45, standard deviation of 1.97, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
  
Mitsubishi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1204

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Estimated Market Risk

 1.98
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mitsubishi 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 Mitsubishi by adding Mitsubishi to a well-diversified portfolio.

Mitsubishi Valuation on August 2, 2023

It is possible to determine the worth of Mitsubishi on a given historical date. On August 2, 2023 Mitsubishi was worth 15.32 at the beginning of the trading date compared to the closed value of 15.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitsubishi stock. Still, in general, we apply an absolute valuation method to find Mitsubishi'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 Mitsubishi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitsubishi's related companies.
 Open High Low Close Volume
  15.32    15.32    15.32    15.32    1,093  
08/02/2023
  15.32    15.54    14.96    15.12    861.00  
  14.96    14.96    14.93    14.93    1,242  
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Open Value
15.32
15.12
Closing Value
21.27
Upside

Mitsubishi Trading Date Momentum on August 2, 2023

On August 03 2023 Mitsubishi was traded for  14.93  at the closing time. The highest daily price throughout the period was 14.96  and the lowest price was  14.93 . The daily volume was 1.2 K. The net trading volume on 08/03/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.26% . The trading delta at closing time to current closing price is 1.79% .

Mitsubishi Fundamentals Correlations and Trends

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

About Mitsubishi Stock history

Mitsubishi 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 Mitsubishi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mitsubishi 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 Mitsubishi stock prices may prove useful in developing a viable investing in Mitsubishi
Mitsubishi Corporation operates in industrial finance, energy, metals, machinery, chemicals, and daily living essentials worldwide. Mitsubishi Corporation was founded in 1950 and is headquartered in Tokyo, Japan. MITSUBISHI CORP is traded on Frankfurt Stock Exchange in Germany.

Mitsubishi Stock Technical Analysis

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

Mitsubishi Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mitsubishi 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.

Mitsubishi December 29, 2024 Market Strength

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

Mitsubishi Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mitsubishi's price direction in advance. Along with the technical and fundamental analysis of Mitsubishi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mitsubishi 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.

Complementary Tools for Mitsubishi Stock analysis

When running Mitsubishi's price analysis, check to measure Mitsubishi'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 Mitsubishi is operating at the current time. Most of Mitsubishi's value examination focuses on studying past and present price action to predict the probability of Mitsubishi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi's price. Additionally, you may evaluate how the addition of Mitsubishi to your portfolios can decrease your overall portfolio volatility.
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