Mene Inc Stock Price on November 28, 2024
| MENE Stock | CAD 0.14 0.02 12.50% |
Below is the normalized historical share price chart for Mene Inc extending back to March 15, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mene stands at 0.14, as last reported on the 1st of March, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day.
If you're considering investing in Mene Stock, it is important to understand the factors that can impact its price. Mene appears to be out of control, given 3 months investment horizon. Mene Inc has Sharpe Ratio of 0.0699, which conveys that the firm had a 0.0699 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mene, which you can use to evaluate the volatility of the firm. Please exercise Mene's Risk Adjusted Performance of 0.0584, mean deviation of 3.97, and Downside Deviation of 10.84 to check out if our risk estimates are consistent with your expectations.
At this time, Mene's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 313.7 M in 2025, whereas Capital Stock is likely to drop slightly above 31.4 M in 2025. . At this time, Mene's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 4.61 in 2025, whereas Price Earnings Ratio is likely to drop (47.34) in 2025. Mene Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1269 | 50 Day MA 0.1293 | Beta 0.188 |
Mene |
Sharpe Ratio = 0.0699
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Estimated Market Risk
| 6.87 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Mene is performing at about 5% 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 Mene by adding it to a well-diversified portfolio.
Price Book 2.2433 | Enterprise Value Ebitda -1.3 K | Price Sales 1.5479 | Shares Float 57.9 M | Earnings Share (0.01) |
Mene Valuation on November 28, 2024
It is possible to determine the worth of Mene on a given historical date. On November 28, 2024 Mene was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mene stock. Still, in general, we apply an absolute valuation method to find Mene'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 Mene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mene's related companies.
| Open | High | Low | Close | Volume | |
| 0.11 | 0.11 | 0.11 | 0.11 | 2,247 | |
11/28/2024 | 0.11 | 0.11 | 0.11 | 0.11 | 1.00 |
| 0.11 | 0.11 | 0.11 | 0.11 | 1.00 |
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Mene Trading Date Momentum on November 28, 2024
| On November 29 2024 Mene Inc was traded for 0.11 at the closing time. The maximum traded price for the trading interval was 0.11 and the lowest daily price was 0.11 . There was no trading activity during the period 1.0. Lack of trading volume on 29th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 9.09% . |
Mene Inc Fundamentals Correlations and Trends
By evaluating Mene'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 Mene's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mene financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mene Stock history
Mene 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 Mene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mene Inc 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 Mene stock prices may prove useful in developing a viable investing in Mene
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 298.8 M | 313.7 M | |
| Net Loss | -1.7 M | -1.8 M |
Mene Quarterly Net Working Capital |
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Mene Stock Technical Analysis
Mene 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
Mene Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
Mene Inc cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Mene March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Mene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mene shares will generate the highest return on investment. By undertsting and applying Mene stock market strength indicators, traders can identify Mene Inc entry and exit signals to maximize returns
Mene Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mene's price direction in advance. Along with the technical and fundamental analysis of Mene Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mene 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 | 0.0584 | |||
| Jensen Alpha | 0.4492 | |||
| Total Risk Alpha | 0.6567 | |||
| Sortino Ratio | 0.0432 | |||
| Treynor Ratio | 2.62 |
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Additional Tools for Mene Stock Analysis
When running Mene's price analysis, check to measure Mene'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 Mene is operating at the current time. Most of Mene's value examination focuses on studying past and present price action to predict the probability of Mene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mene's price. Additionally, you may evaluate how the addition of Mene to your portfolios can decrease your overall portfolio volatility.