Mercurity Fintech Holding Stock Price on August 15, 2024
MFH Stock | USD 6.10 1.19 16.32% |
Below is the normalized historical share price chart for Mercurity Fintech Holding extending back to April 08, 2015. 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 Mercurity Fintech stands at 6.10, as last reported on the 28th of November, with the highest price reaching 7.65 and the lowest price hitting 5.92 during the day.
If you're considering investing in Mercurity Stock, it is important to understand the factors that can impact its price. Mercurity Fintech is dangerous given 3 months investment horizon. Mercurity Fintech Holding has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.28% are justified by taking the suggested risk. Use Mercurity Fintech Holding Downside Deviation of 9.34, mean deviation of 9.27, and Risk Adjusted Performance of 0.1603 to evaluate company specific risk that cannot be diversified away.
As of now, Mercurity Fintech's Capital Stock is increasing as compared to previous years. The Mercurity Fintech's current Issuance Of Capital Stock is estimated to increase to about 11.6 M, while Common Stock Shares Outstanding is projected to decrease to under 43.5 M. . As of now, Mercurity Fintech's Price Book Value Ratio is increasing as compared to previous years. The Mercurity Fintech's current Price To Book Ratio is estimated to increase to 7.02, while Price To Sales Ratio is projected to decrease to 253.92. Mercurity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of April 2015 | 200 Day MA 1.8273 | 50 Day MA 2.1741 | Beta 2.4802 |
Mercurity |
Sharpe Ratio = 0.2007
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Estimated Market Risk
16.34 actual daily | 96 96% of assets are less volatile |
Expected Return
3.28 actual daily | 65 65% of assets have lower returns |
Risk-Adjusted Return
0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Mercurity Fintech is performing at about 15% 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 Mercurity Fintech by adding it to a well-diversified portfolio.
Price Book 20.8079 | Enterprise Value Ebitda 169.9645 | Price Sales 832.1128 | Shares Float 38.1 M | Shares Short 829.7 K |
Related Headline
Piper Sandler Headline on 15th of August 2024
Disposition of 808 shares by Chad Abraham of Piper Sandler a... by Chad Abraham
Filed transaction by Piper Sandler Companies Director, Officer: Ceo And Chairman. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Mercurity Fintech Valuation on August 15, 2024
It is possible to determine the worth of Mercurity Fintech on a given historical date. On August 15, 2024 Mercurity was worth 1.61 at the beginning of the trading date compared to the closed value of 1.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mercurity Fintech stock. Still, in general, we apply an absolute valuation method to find Mercurity Fintech'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 Mercurity Fintech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mercurity Fintech's related companies.
Open | High | Low | Close | Volume | |
1.68 | 1.68 | 1.47 | 1.63 | 17,893 | |
08/15/2024 | 1.61 | 1.61 | 1.46 | 1.46 | 516.00 |
1.53 | 1.56 | 1.50 | 1.50 | 11,962 |
Backtest Mercurity Fintech | | | Mercurity Fintech History | | | Mercurity Fintech Valuation | Previous | Next |
Mercurity Fintech Trading Date Momentum on August 15, 2024
On August 16 2024 Mercurity Fintech Holding was traded for 1.50 at the closing time. Highest Mercurity Fintech's price during the trading hours was 1.56 and the lowest price during the day was 1.50 . The net volume was 12 K. The overall trading history on the 16th of August 2024 contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 2.74% . The trading delta at closing time to current price is 0.68% . |
Mercurity Fintech Holding Fundamentals Correlations and Trends
By evaluating Mercurity Fintech'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 Mercurity Fintech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mercurity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mercurity Fintech Stock history
Mercurity Fintech 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 Mercurity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mercurity Fintech Holding 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 Mercurity Fintech stock prices may prove useful in developing a viable investing in Mercurity Fintech
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 45.8 M | 43.5 M | |
Net Loss | -23.9 M | -25.1 M |
Mercurity Fintech Stock Technical Analysis
Mercurity Fintech 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
Mercurity Fintech Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Mercurity Fintech Holding cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Mercurity Fintech November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Mercurity Fintech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mercurity Fintech shares will generate the highest return on investment. By undertsting and applying Mercurity Fintech stock market strength indicators, traders can identify Mercurity Fintech Holding entry and exit signals to maximize returns
Mercurity Fintech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mercurity Fintech's price direction in advance. Along with the technical and fundamental analysis of Mercurity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mercurity 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 | 0.1603 | |||
Jensen Alpha | 2.64 | |||
Total Risk Alpha | 0.736 | |||
Sortino Ratio | 0.3268 | |||
Treynor Ratio | 0.695 |
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Complementary Tools for Mercurity Stock analysis
When running Mercurity Fintech's price analysis, check to measure Mercurity Fintech'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 Mercurity Fintech is operating at the current time. Most of Mercurity Fintech's value examination focuses on studying past and present price action to predict the probability of Mercurity Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercurity Fintech's price. Additionally, you may evaluate how the addition of Mercurity Fintech to your portfolios can decrease your overall portfolio volatility.
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