Mene Inc Stock Price on September 24, 2024
| MENEF Stock | USD 0.09 0.01 5.88% |
If you're considering investing in Mene Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mene stands at 0.09, as last reported on the 2nd of December, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day. Mene appears to be out of control, given 3 months investment horizon. Mene Inc has Sharpe Ratio of 0.0452, which conveys that the firm had a 0.0452% 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 Downside Deviation of 7.4, risk adjusted performance of 0.0552, and Mean Deviation of 4.02 to check out if our risk estimates are consistent with your expectations.
Mene Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Mene |
Sharpe Ratio = 0.0452
| Best Portfolio | Best Equity | |||
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| Small Returns | MENEF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.11 actual daily | 54 54% of assets are less volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Mene is performing at about 3% 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.
Mene Valuation on September 24, 2024
It is possible to determine the worth of Mene on a given historical date. On September 24, 2024 Mene was worth 0.0975 at the beginning of the trading date compared to the closed value of 0.0962. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mene pink sheet. 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 | |
| 0.1 | 0.10 | 0.1 | 0.1 | 106,131 | |
09/24/2024 | 0.1 | 0.1 | 0.1 | 0.1 | 356.00 |
| 0.09 | 0.10 | 0.09 | 0.1 | 87,141 |
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Mene Trading Date Momentum on September 24, 2024
| On September 25 2024 Mene Inc was traded for 0.1 at the closing time. The highest daily price throughout the period was 0.10 and the lowest price was 0.09 . The daily volume was 87.1 K. The net trading volume on 09/25/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.35% . The trading delta at closing time to current closing price is 7.48% . |
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 Pink Sheet 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
Mene Inc. designs, manufactures, and markets 24 karat gold and platinum jewelry in the United States, Canada, Europe, and internationally. The company retails its jewelry products directly to consumer through its mene.com website. MENE INC operates under Luxury Goods classification in the United States and is traded on OTC Exchange.
Mene Pink Sheet Technical Analysis
Mene technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Mene Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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Mene December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Mene pink sheet 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 pink sheet 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 Pink Sheet 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 | 0.0552 | |||
| Jensen Alpha | 0.37 | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | 0.0312 | |||
| Treynor Ratio | (3.97) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Mene Pink Sheet 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.
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