MultiChoice (South Africa) Price on December 25, 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 26th of December, with the highest price reaching 10,849 and the lowest price hitting 10,705 during the day. MultiChoice Group has Sharpe Ratio of -0.0105, which conveys that the firm had a -0.0105% return per unit of risk over the last 3 months. MultiChoice exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MultiChoice's Downside Deviation of 0.57, mean deviation of 0.4386, and Risk Adjusted Performance of 0.0234 to check out the risk estimate we provide.
  
MultiChoice Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0105

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Estimated Market Risk

 0.58
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  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 December 25, 2024

It is possible to determine the worth of MultiChoice on a given historical date. On December 25, 2024 MultiChoice was worth 10849.0 at the beginning of the trading date compared to the closed value of 10778.0. 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
  10,849    10,849    10,705    10,778    32,282  
12/26/2024
  10,849    10,849    10,705    10,778    0.00  
Backtest MultiChoice  |  MultiChoice History  |  MultiChoice Valuation   Previous
Open Value
10849.0
10,847
Downside
10778.0
Closing Value
10,851
Upside

MultiChoice Trading Date Momentum on December 25, 2024

On December 26 2024 MultiChoice Group was traded for  10,778  at the closing time. The highest price during the trading period was 10,849  and the lowest recorded bid was listed for  10,705 . There was no trading activity during the period 0.0. Lack of trading volume on December 26, 2024 did not cause price change. The trading delta at closing time to the current price is 0.66% .

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

MultiChoice Period Price Range

Low
December 26, 2024
0.00  NaN%
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 26, 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.

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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