MultiChoice (South Africa) Price on October 3, 2024
| MCG Stock | 10,778 2.00 0.02% |
If you're considering investing in MultiChoice Stock, it is important to understand the factors that can impact its price. As of today, the current price of MultiChoice stands at 10,778, as last reported on the 25th of December, with the highest price reaching 10,849 and the lowest price hitting 10,705 during the day. At this point, MultiChoice is very steady. MultiChoice Group has Sharpe Ratio of 0.0039, which conveys that the firm had a 0.0039% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MultiChoice, which you can use to evaluate the volatility of the firm. Please verify MultiChoice's Downside Deviation of 0.5749, risk adjusted performance of 0.0084, and Mean Deviation of 0.448 to check out if the risk estimate we provide is consistent with the expected return of 0.0023%.
MultiChoice Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MultiChoice |
Sharpe Ratio = 0.0039
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| Negative Returns | MCG |
Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MultiChoice 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 MultiChoice by adding MultiChoice to a well-diversified portfolio.
MultiChoice Valuation on October 3, 2024
It is possible to determine the worth of MultiChoice on a given historical date. On October 3, 2024 MultiChoice was worth 11272.0 at the beginning of the trading date compared to the closed value of 11100.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MultiChoice stock. Still, in general, we apply an absolute valuation method to find MultiChoice'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 MultiChoice where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MultiChoice's related companies.
| Open | High | Low | Close | Volume | |
| 11,040 | 11,387 | 10,951 | 11,200 | 500,233 | |
10/03/2024 | 11,272 | 11,290 | 11,053 | 11,100 | 396,994 |
| 11,052 | 11,163 | 10,956 | 11,004 | 597,734 |
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MultiChoice Trading Date Momentum on October 3, 2024
| On October 04 2024 MultiChoice Group was traded for 11,004 at the closing time. The highest price during the trading period was 11,163 and the lowest recorded bid was listed for 10,956 . The volume for the day was 597.7 K. This history from October 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.86% . The trading delta at closing time to the current price is 1.78% . |
MultiChoice Group Fundamentals Correlations and Trends
By evaluating MultiChoice'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 MultiChoice's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MultiChoice financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MultiChoice Stock history
MultiChoice 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 MultiChoice is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MultiChoice 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 MultiChoice stock prices may prove useful in developing a viable investing in MultiChoice
MultiChoice Stock Technical Analysis
MultiChoice 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
MultiChoice Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
MultiChoice Group cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
MultiChoice December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how MultiChoice stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MultiChoice shares will generate the highest return on investment. By undertsting and applying MultiChoice stock market strength indicators, traders can identify MultiChoice Group entry and exit signals to maximize returns
MultiChoice Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MultiChoice's price direction in advance. Along with the technical and fundamental analysis of MultiChoice Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MultiChoice 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 | 0.0084 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.02) |
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Complementary Tools for MultiChoice Stock analysis
When running MultiChoice's price analysis, check to measure MultiChoice'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 MultiChoice is operating at the current time. Most of MultiChoice's value examination focuses on studying past and present price action to predict the probability of MultiChoice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MultiChoice's price. Additionally, you may evaluate how the addition of MultiChoice to your portfolios can decrease your overall portfolio volatility.
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