Mecanica Fina (Romania) Price on October 30, 2023
| MECE Stock | 21.80 1.00 4.39% |
If you're considering investing in Mecanica Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mecanica Fina stands at 21.80, as last reported on the 12th of December 2024, with the highest price reaching 21.80 and the lowest price hitting 21.80 during the day. Mecanica Fina SA has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Mecanica Fina exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mecanica Fina's Risk Adjusted Performance of (0.07), standard deviation of 2.33, and Mean Deviation of 0.9501 to check out the risk estimate we provide.
Mecanica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mecanica |
Sharpe Ratio = -0.104
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Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mecanica Fina 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 Mecanica Fina by adding Mecanica Fina to a well-diversified portfolio.
Mecanica Fina Valuation on October 30, 2023
It is possible to determine the worth of Mecanica Fina on a given historical date. On October 30, 2023 Mecanica was worth 28.2 at the beginning of the trading date compared to the closed value of 30.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mecanica Fina stock. Still, in general, we apply an absolute valuation method to find Mecanica Fina'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 Mecanica Fina where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mecanica Fina's related companies.
| Open | High | Low | Close | Volume | |
| 28.80 | 30.20 | 28.60 | 30.20 | 300.00 | |
10/30/2023 | 28.20 | 30.20 | 28.20 | 30.20 | 30.00 |
| 28.40 | 30.20 | 28.40 | 30.20 | 100.00 |
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Mecanica Fina Trading Date Momentum on October 30, 2023
| On October 31 2023 Mecanica Fina SA was traded for 30.20 at the closing time. The highest price during the trading period was 30.20 and the lowest recorded bid was listed for 28.40 . The volume for the day was 100.0. This history from October 31, 2023 did not cause price change. The trading delta at closing time to the current price is 7.28% . |
About Mecanica Fina Stock history
Mecanica Fina 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 Mecanica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mecanica Fina SA 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 Mecanica Fina stock prices may prove useful in developing a viable investing in Mecanica Fina
Mecanica Fina Stock Technical Analysis
Mecanica Fina 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
Mecanica Fina Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Mecanica Fina SA cannot be verified against its exchange. Please verify the symbol is currently traded on Bucharest Stock 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.
Mecanica Fina December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Mecanica Fina stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mecanica Fina shares will generate the highest return on investment. By undertsting and applying Mecanica Fina stock market strength indicators, traders can identify Mecanica Fina SA entry and exit signals to maximize returns
Mecanica Fina Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mecanica Fina's price direction in advance. Along with the technical and fundamental analysis of Mecanica Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mecanica 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 | (0.07) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 1.28 |
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Other Information on Investing in Mecanica Stock
Mecanica Fina financial ratios help investors to determine whether Mecanica Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mecanica with respect to the benefits of owning Mecanica Fina security.