Mitsui Mining (Germany) Price on November 6, 2024

MMG Stock  EUR 29.00  0.40  1.40%   
If you're considering investing in Mitsui Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mitsui Mining stands at 29.00, as last reported on the 6th of January, with the highest price reaching 29.00 and the lowest price hitting 29.00 during the day. Mitsui Mining Smelting has Sharpe Ratio of -0.0484, which conveys that the firm had a -0.0484% return per unit of risk over the last 3 months. Mitsui Mining exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitsui Mining's Standard Deviation of 1.59, mean deviation of 1.19, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
  
Mitsui Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0484

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Estimated Market Risk

 1.59
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mitsui Mining is not performing at its full potential. However, 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 Mitsui Mining by adding Mitsui Mining to a well-diversified portfolio.

Mitsui Mining Valuation on November 6, 2024

It is possible to determine the worth of Mitsui Mining on a given historical date. On November 6, 2024 Mitsui was worth 29.0 at the beginning of the trading date compared to the closed value of 29.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitsui Mining stock. Still, in general, we apply an absolute valuation method to find Mitsui Mining'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 Mitsui Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitsui Mining's related companies.
 Open High Low Close Volume
  28.60    28.60    28.60    28.60    1.00  
11/06/2024
  29.00    29.00    29.00    29.00    1.00  
  28.80    28.80    28.80    28.80    30.00  
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Open Value
29.0
29.0
Closing Value
33.77
Upside

Mitsui Mining Trading Date Momentum on November 6, 2024

On November 07 2024 Mitsui Mining Smelting was traded for  28.80  at the closing time. The highest daily price throughout the period was 28.80  and the lowest price was  28.80 . The daily volume was 30.0. The net trading volume on 11/07/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.69% . The trading delta at closing time to current closing price is 2.76% .

Mitsui Mining Smelting Fundamentals Correlations and Trends

By evaluating Mitsui Mining'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 Mitsui Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mitsui financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mitsui Mining Stock history

Mitsui Mining 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 Mitsui is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mitsui Mining Smelting 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 Mitsui Mining stock prices may prove useful in developing a viable investing in Mitsui Mining
Mitsui Mining Smelting Co., Ltd. produces and sells nonferrous metal products in Japan. The company was founded in 1950 and is headquartered in Tokyo, Japan. MITSUI MNG operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12498 people.

Mitsui Mining Stock Technical Analysis

Mitsui Mining 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.
A focus of Mitsui Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mitsui Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mitsui Mining Period Price Range

Low
January 6, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Mitsui Mining Smelting 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.

Mitsui Mining January 6, 2025 Market Strength

Market strength indicators help investors to evaluate how Mitsui Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mitsui Mining shares will generate the highest return on investment. By undertsting and applying Mitsui Mining stock market strength indicators, traders can identify Mitsui Mining Smelting entry and exit signals to maximize returns

Mitsui Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mitsui Mining's price direction in advance. Along with the technical and fundamental analysis of Mitsui Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mitsui 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.

Complementary Tools for Mitsui Stock analysis

When running Mitsui Mining's price analysis, check to measure Mitsui Mining'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 Mitsui Mining is operating at the current time. Most of Mitsui Mining's value examination focuses on studying past and present price action to predict the probability of Mitsui Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsui Mining's price. Additionally, you may evaluate how the addition of Mitsui Mining to your portfolios can decrease your overall portfolio volatility.
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