Ming Le (Germany) Price on November 28, 2024
| ML2 Stock | EUR 1.20 0.00 0.00% |
If you're considering investing in Ming Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ming Le stands at 1.20, as last reported on the 23rd of December, with the highest price reaching 1.20 and the lowest price hitting 1.20 during the day. Ming Le appears to be extremely dangerous, given 3 months investment horizon. Ming Le Sports has Sharpe Ratio of 0.06, which conveys that the firm had a 0.06% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Ming Le, which you can use to evaluate the volatility of the firm. Please exercise Ming Le's Standard Deviation of 5.4, risk adjusted performance of 0.0557, and Mean Deviation of 1.55 to check out if our risk estimates are consistent with your expectations.
Ming Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ming |
Sharpe Ratio = 0.06
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.44 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Ming Le is performing at about 4% 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 Ming Le by adding it to a well-diversified portfolio.
Ming Le Valuation on November 28, 2024
It is possible to determine the worth of Ming Le on a given historical date. On November 28, 2024 Ming was worth 1.4 at the beginning of the trading date compared to the closed value of 1.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ming Le stock. Still, in general, we apply an absolute valuation method to find Ming Le'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 Ming Le where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ming Le's related companies.
| Open | High | Low | Close | Volume | |
| 1.40 | 1.40 | 1.40 | 1.40 | 300.00 | |
11/28/2024 | 1.40 | 1.40 | 1.40 | 1.40 | 300.00 |
| 1.40 | 1.40 | 1.40 | 1.40 | 300.00 |
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Ming Le Trading Date Momentum on November 28, 2024
| On November 29 2024 Ming Le Sports was traded for 1.40 at the closing time. The highest daily price throughout the period was 1.40 and the lowest price was 1.40 . The daily volume was 300. The net trading volume on 11/29/2024 did not cause price change. The trading delta at closing time to current closing price is 7.14% . |
Ming Le Sports Fundamentals Correlations and Trends
By evaluating Ming Le'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 Ming Le's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ming financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ming Le Stock history
Ming Le 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 Ming is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ming Le Sports 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 Ming Le stock prices may prove useful in developing a viable investing in Ming Le
Ming Le Sports AG, a sportswear company, designs, develops, manufactures, and sells footwear, apparel, accessories, and equipment for men and women in the Peoples Republic of China. The company sells its products under the Ming Le brand through a network of distributors to retail outlets. MING LE operates under Apparel Manufacturing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1 people.
Ming Le Stock Technical Analysis
Ming Le 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
Ming Le Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Ming Le Sports cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Ming Le December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Ming Le stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ming Le shares will generate the highest return on investment. By undertsting and applying Ming Le stock market strength indicators, traders can identify Ming Le Sports entry and exit signals to maximize returns
Ming Le Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ming Le's price direction in advance. Along with the technical and fundamental analysis of Ming Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ming 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 | 0.0557 | |||
| Jensen Alpha | 0.2986 | |||
| Total Risk Alpha | 0.1605 | |||
| Treynor Ratio | 0.527 |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ming Stock analysis
When running Ming Le's price analysis, check to measure Ming Le'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 Ming Le is operating at the current time. Most of Ming Le's value examination focuses on studying past and present price action to predict the probability of Ming Le's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ming Le's price. Additionally, you may evaluate how the addition of Ming Le to your portfolios can decrease your overall portfolio volatility.
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