MC Mining (South Africa) Price on September 20, 2024
MCZ Stock | 145.00 1.00 0.69% |
If you're considering investing in MCZ Stock, it is important to understand the factors that can impact its price. As of today, the current price of MC Mining stands at 145.00, as last reported on the 14th of December 2024, with the highest price reaching 145.00 and the lowest price hitting 145.00 during the day. MC Mining retains Efficiency (Sharpe Ratio) of -0.0715, which conveys that the company had a -0.0715% return per unit of price deviation over the last 3 months. MC Mining exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MC Mining's Information Ratio of (0.10), mean deviation of 1.88, and Market Risk Adjusted Performance of (0.77) to check out the risk estimate we provide.
MCZ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MCZ |
Sharpe Ratio = -0.0715
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Estimated Market Risk
3.32 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MC Mining 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 MC Mining by adding MC Mining to a well-diversified portfolio.
MC Mining Valuation on September 20, 2024
It is possible to determine the worth of MC Mining on a given historical date. On September 20, 2024 MCZ was worth 181.0 at the beginning of the trading date compared to the closed value of 181.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MC Mining stock. Still, in general, we apply an absolute valuation method to find MC Mining'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 MC Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MC Mining's related companies.
Open | High | Low | Close | Volume | |
180.00 | 180.00 | 180.00 | 180.00 | 1.00 | |
09/20/2024 | 181.00 | 181.00 | 181.00 | 181.00 | 100.00 |
176.00 | 176.00 | 175.00 | 175.00 | 15,338 |
Backtest MC Mining | | | MC Mining History | | | MC Mining Valuation | Previous | Next |
MC Mining Trading Date Momentum on September 20, 2024
On September 23 2024 MC Mining was traded for 175.00 at the closing time. The highest price during the trading period was 176.00 and the lowest recorded bid was listed for 175.00 . The volume for the day was 15.3 K. This history from September 23, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.31% . The trading delta at closing time to the current price is 1.66% . |
MC Mining Fundamentals Correlations and Trends
By evaluating MC Mining'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 MC Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MCZ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MC Mining Stock history
MC Mining 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 MCZ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MC Mining 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 MC Mining stock prices may prove useful in developing a viable investing in MC Mining
MC Mining Stock Technical Analysis
MC Mining 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
MC Mining Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
MC Mining 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.
MC Mining December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how MC Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MC Mining shares will generate the highest return on investment. By undertsting and applying MC Mining stock market strength indicators, traders can identify MC Mining entry and exit signals to maximize returns
MC Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MC Mining's price direction in advance. Along with the technical and fundamental analysis of MCZ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MCZ 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 | (0.04) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | (0.78) |
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Volume Indicators |
Complementary Tools for MCZ Stock analysis
When running MC Mining's price analysis, check to measure MC Mining'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 MC Mining is operating at the current time. Most of MC Mining's value examination focuses on studying past and present price action to predict the probability of MC Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MC Mining's price. Additionally, you may evaluate how the addition of MC Mining to your portfolios can decrease your overall portfolio volatility.
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