Master Drilling (South Africa) Price on November 22, 2024
| MDI Stock | 1,305 64.00 4.67% |
If you're considering investing in Master Stock, it is important to understand the factors that can impact its price. As of today, the current price of Master Drilling stands at 1,305, as last reported on the 13th of December 2024, with the highest price reaching 1,305 and the lowest price hitting 1,300 during the day. At this point, Master Drilling is very steady. Master Drilling Group has Sharpe Ratio of 0.0331, which conveys that the firm had a 0.0331% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Master Drilling, which you can use to evaluate the volatility of the firm. Please verify Master Drilling's Downside Deviation of 1.73, mean deviation of 1.11, and Risk Adjusted Performance of 0.046 to check out if the risk estimate we provide is consistent with the expected return of 0.0572%.
Master Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Master |
Sharpe Ratio = 0.0331
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Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Master Drilling 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 Master Drilling by adding it to a well-diversified portfolio.
Master Drilling Valuation on November 22, 2024
It is possible to determine the worth of Master Drilling on a given historical date. On November 22, 2024 Master was worth 1350.0 at the beginning of the trading date compared to the closed value of 1368.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Master Drilling stock. Still, in general, we apply an absolute valuation method to find Master Drilling'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 Master Drilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Master Drilling's related companies.
| Open | High | Low | Close | Volume | |
| 1,340 | 1,369 | 1,333 | 1,350 | 290,675 | |
11/22/2024 | 1,350 | 1,369 | 1,350 | 1,368 | 4,509 |
| 1,369 | 1,369 | 1,354 | 1,354 | 1,245 |
| Backtest Master Drilling | | | Master Drilling History | Previous | Next |
Master Drilling Trading Date Momentum on November 22, 2024
| On November 25 2024 Master Drilling Group was traded for 1,354 at the closing time. The highest price during the trading period was 1,369 and the lowest recorded bid was listed for 1,354 . The volume for the day was 1.2 K. This history from November 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.02% . The trading delta at closing time to the current price is 0.15% . |
Price Boundaries
Master Drilling Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Master Drilling 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.
Master Drilling December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Master Drilling stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Master Drilling shares will generate the highest return on investment. By undertsting and applying Master Drilling stock market strength indicators, traders can identify Master Drilling Group entry and exit signals to maximize returns
Master Drilling Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Master Drilling's price direction in advance. Along with the technical and fundamental analysis of Master Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Master 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 | 0.046 | |||
| Jensen Alpha | 0.1044 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.37) |
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| Volume Indicators |
Complementary Tools for Master Stock analysis
When running Master Drilling's price analysis, check to measure Master Drilling'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 Master Drilling is operating at the current time. Most of Master Drilling's value examination focuses on studying past and present price action to predict the probability of Master Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Master Drilling's price. Additionally, you may evaluate how the addition of Master Drilling to your portfolios can decrease your overall portfolio volatility.
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