MICS Old Price on July 16, 2024
| MICSDelisted Stock | USD 0.35 0.05 16.67% |
If you're considering investing in MICS Stock, it is important to understand the factors that can impact its price. As of today, the current price of MICS Old stands at 0.35, as last reported on the 24th of January, with the highest price reaching 0.36 and the lowest price hitting 0.30 during the day. MICS Old appears to be out of control, given 3 months investment horizon. MICS Old retains Efficiency (Sharpe Ratio) of 0.0696, which conveys that the firm had a 0.0696 % return per unit of risk over the last 3 months. By examining MICS Old's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise MICS Old's Market Risk Adjusted Performance of (0.16), mean deviation of 7.57, and Coefficient Of Variation of (13,084) to check out if our risk estimates are consistent with your expectations.
MICS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MICS |
Sharpe Ratio = 0.0696
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MICS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.52 actual daily | 67 67% of assets are less volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average MICS Old 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 MICS Old by adding it to a well-diversified portfolio.
MICS Old Main Headline on 16th of July 2024
Singing Machines Subsidiary, SemiCab, Announces Over 9 Milli... by finance.yahoo.com
SemiCab India Expected to Add Over 9 Million in Revenue in 2024 Fort Lauderdale, FL, July 16, 2024 -- The Singing Machine Company, Inc. the worldwide leader in consumer karaoke products, recently announced it has successfully completed the acquisition of SemiCab, Inc. , a leading artificial intelligence technology company in the global logistics space. Today, the Company provided an update on the integration process for the newly
MICS Old Valuation on July 16, 2024
It is possible to determine the worth of MICS Old on a given historical date. On July 16, 2024 MICS was worth 0.95 at the beginning of the trading date compared to the closed value of 0.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MICS Old stock. Still, in general, we apply an absolute valuation method to find MICS Old'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 MICS Old where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MICS Old's related companies.
| Open | High | Low | Close | Volume | |
| 0.95 | 0.95 | 0.82 | 0.89 | 209,767 | |
07/16/2024 | 0.95 | 0.97 | 0.79 | 0.84 | 1,646,451 |
| 0.82 | 0.86 | 0.80 | 0.85 | 181,822 |
| Backtest MICS Old | | | MICS Old History | | | MICS Old Valuation | Previous | Next |
MICS Old Trading Date Momentum on July 16, 2024
| On July 17 2024 MICS Old was traded for 0.85 at the closing time. The top price for the day was 0.86 and the lowest listed price was 0.80 . The trading volume for the day was 181.8 K. The trading history from July 17, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 1.19% . The trading delta at closing time against the current closing price is 33.33% . |
MICS Old Fundamentals Correlations and Trends
By evaluating MICS Old'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 MICS Old's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MICS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MICS Old Stock history
MICS Old 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 MICS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MICS Old 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 MICS Old stock prices may prove useful in developing a viable investing in MICS Old
The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Europe, and Australia. The Singing Machine Company, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida. Singing Machine operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 32 people.
MICS Old Stock Technical Analysis
MICS Old 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
MICS Old Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
MICS Old 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.
MICS Old January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how MICS Old stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MICS Old shares will generate the highest return on investment. By undertsting and applying MICS Old stock market strength indicators, traders can identify MICS Old entry and exit signals to maximize returns
MICS Old Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MICS Old's price direction in advance. Along with the technical and fundamental analysis of MICS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MICS 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 | 0.0027 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.17) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in MICS Stock
If you are still planning to invest in MICS Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MICS Old's history and understand the potential risks before investing.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |