MICRONIC MYDATA (Germany) Price on November 29, 2024
| MLT Stock | EUR 35.66 0.36 1.00% |
If you're considering investing in MICRONIC Stock, it is important to understand the factors that can impact its price. As of today, the current price of MICRONIC MYDATA stands at 35.66, as last reported on the 11th of December 2024, with the highest price reaching 36.02 and the lowest price hitting 35.66 during the day. At this point, MICRONIC MYDATA is very steady. MICRONIC MYDATA retains Efficiency (Sharpe Ratio) of 0.0567, which conveys that the firm had a 0.0567% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MICRONIC MYDATA, which you can use to evaluate the volatility of the firm. Please verify MICRONIC MYDATA's Mean Deviation of 1.65, market risk adjusted performance of (2.32), and Semi Deviation of 1.83 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
MICRONIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MICRONIC |
Sharpe Ratio = 0.0567
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Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average MICRONIC MYDATA 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 MICRONIC MYDATA by adding it to a well-diversified portfolio.
MICRONIC MYDATA Valuation on November 29, 2024
It is possible to determine the worth of MICRONIC MYDATA on a given historical date. On November 29, 2024 MICRONIC was worth 33.64 at the beginning of the trading date compared to the closed value of 33.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MICRONIC MYDATA stock. Still, in general, we apply an absolute valuation method to find MICRONIC MYDATA'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 MICRONIC MYDATA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MICRONIC MYDATA's related companies.
| Open | High | Low | Close | Volume | |
| 33.18 | 33.88 | 33.18 | 33.58 | 1.00 | |
11/29/2024 | 33.64 | 33.90 | 33.48 | 33.56 | 1.00 |
| 33.52 | 34.20 | 33.00 | 34.08 | 1.00 |
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MICRONIC MYDATA Trading Date Momentum on November 29, 2024
| On December 02 2024 MICRONIC MYDATA was traded for 34.08 at the closing time. The maximum traded price for the trading interval was 34.20 and the lowest daily price was 33.00 . There was no trading activity during the period 1.0. Lack of trading volume on 2nd of December 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 1.55% . The trading delta at closing time to the closing price today is 7.39% . |
MICRONIC MYDATA Fundamentals Correlations and Trends
By evaluating MICRONIC MYDATA'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 MICRONIC MYDATA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MICRONIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MICRONIC MYDATA Stock history
MICRONIC MYDATA 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 MICRONIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MICRONIC MYDATA 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 MICRONIC MYDATA stock prices may prove useful in developing a viable investing in MICRONIC MYDATA
MICRONIC MYDATA Stock Technical Analysis
MICRONIC MYDATA 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
MICRONIC MYDATA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
MICRONIC MYDATA cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.
MICRONIC MYDATA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how MICRONIC MYDATA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MICRONIC MYDATA shares will generate the highest return on investment. By undertsting and applying MICRONIC MYDATA stock market strength indicators, traders can identify MICRONIC MYDATA entry and exit signals to maximize returns
MICRONIC MYDATA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MICRONIC MYDATA's price direction in advance. Along with the technical and fundamental analysis of MICRONIC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MICRONIC 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 | 0.0618 | |||
| Jensen Alpha | 0.1757 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0258 | |||
| Treynor Ratio | (2.33) |
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| Volume Indicators |
Complementary Tools for MICRONIC Stock analysis
When running MICRONIC MYDATA's price analysis, check to measure MICRONIC MYDATA'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 MICRONIC MYDATA is operating at the current time. Most of MICRONIC MYDATA's value examination focuses on studying past and present price action to predict the probability of MICRONIC MYDATA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MICRONIC MYDATA's price. Additionally, you may evaluate how the addition of MICRONIC MYDATA to your portfolios can decrease your overall portfolio volatility.
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