MCB GROUP (Mauritius) Price on September 4, 2024
| MCBG Stock | 445.25 2.00 0.45% |
If you're considering investing in MCB Stock, it is important to understand the factors that can impact its price. As of today, the current price of MCB GROUP stands at 445.25, as last reported on the 29th of December, with the highest price reaching 445.25 and the lowest price hitting 443.25 during the day. At this point, MCB GROUP is very steady. MCB GROUP LIMITED retains Efficiency (Sharpe Ratio) of 0.0276, which conveys that the company had a 0.0276% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for MCB GROUP, which you can use to evaluate the volatility of the entity. Please verify MCB GROUP's Downside Deviation of 1.06, mean deviation of 0.5156, and Market Risk Adjusted Performance of 12.4 to check out if the risk estimate we provide is consistent with the expected return of 0.0215%.
MCB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MCB |
Sharpe Ratio = 0.0276
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MCBG |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average MCB GROUP is performing at about 2% 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 MCB GROUP by adding it to a well-diversified portfolio.
MCB GROUP Valuation on September 4, 2024
It is possible to determine the worth of MCB GROUP on a given historical date. On September 4, 2024 MCB was worth 433.0 at the beginning of the trading date compared to the closed value of 449.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MCB GROUP stock. Still, in general, we apply an absolute valuation method to find MCB 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 MCB GROUP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MCB GROUP's related companies.
| Open | High | Low | Close | Volume | |
| 430.00 | 433.00 | 430.00 | 433.00 | 17,654 | |
09/04/2024 | 433.00 | 450.00 | 433.00 | 449.00 | 90,040 |
| 449.00 | 449.00 | 425.00 | 425.00 | 51,317 |
| Backtest MCB GROUP | | | MCB GROUP History | Previous | Next |
MCB GROUP Trading Date Momentum on September 4, 2024
| On September 05 2024 MCB GROUP LIMITED was traded for 425.00 at the closing time. The highest price during the trading period was 449.00 and the lowest recorded bid was listed for 425.00 . The volume for the day was 51.3 K. This history from September 5, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 5.35% . The trading delta at closing time to the current price is 1.78% . |
Price Boundaries
MCB GROUP Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
MCB GROUP LIMITED cannot be verified against its exchange. Please verify the symbol is currently traded on Stock Exchange of Mauritius. 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.
MCB GROUP December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how MCB 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 MCB GROUP shares will generate the highest return on investment. By undertsting and applying MCB GROUP stock market strength indicators, traders can identify MCB GROUP LIMITED entry and exit signals to maximize returns
MCB GROUP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MCB GROUP's price direction in advance. Along with the technical and fundamental analysis of MCB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MCB 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 | 0.0428 | |||
| Jensen Alpha | 0.0371 | |||
| Total Risk Alpha | 0.012 | |||
| Sortino Ratio | 0.0142 | |||
| Treynor Ratio | 12.39 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for MCB Stock analysis
When running MCB GROUP's price analysis, check to measure MCB 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 MCB GROUP is operating at the current time. Most of MCB GROUP's value examination focuses on studying past and present price action to predict the probability of MCB 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 MCB GROUP's price. Additionally, you may evaluate how the addition of MCB GROUP to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |