Manitex International Price on December 28, 2024
MNTXDelisted Stock | USD 5.80 0.00 0.00% |
If you're considering investing in Manitex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Manitex International stands at 5.80, as last reported on the 6th of January, with the highest price reaching 5.81 and the lowest price hitting 5.79 during the day. At this stage we consider Manitex Stock to be very steady. Manitex International has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Manitex International, which you can use to evaluate the volatility of the firm. Please verify Manitex International's Risk Adjusted Performance of 0.107, mean deviation of 0.2173, and Downside Deviation of 0.3492 to check out if the risk estimate we provide is consistent with the expected return of 0.0412%.
Manitex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Manitex |
Sharpe Ratio = 0.1338
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Estimated Market Risk
0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Manitex International is performing at about 10% 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 Manitex International by adding it to a well-diversified portfolio.
Related Headline
Shyft Headline on 27th of December 2024
Disposition of 1666 shares by Scott Ocholik of Shyft at 12.4... by MacroaxisInsider
Filed transaction by Shyft Group Officer Vp Chief Accounting Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Manitex International Valuation on December 28, 2024
It is possible to determine the worth of Manitex International on a given historical date. On December 28, 2024 Manitex was worth 5.79 at the beginning of the trading date compared to the closed value of 5.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manitex International stock. Still, in general, we apply an absolute valuation method to find Manitex International'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 Manitex International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manitex International's related companies.
Open | High | Low | Close | Volume | |
5.80 | 5.80 | 5.79 | 5.79 | 80,530 | |
12/27/2024 | 5.79 | 5.80 | 5.78 | 5.80 | 192,445 |
5.79 | 5.80 | 5.79 | 5.79 | 44,070 |
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Manitex International Trading Date Momentum on December 28, 2024
On December 30 2024 Manitex International was traded for 5.79 at the closing time. The top price for the day was 5.80 and the lowest listed price was 5.79 . The trading volume for the day was 44.1 K. The trading history from December 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.17% . The trading delta at closing time against the current closing price is 0.00% . |
Manitex International Fundamentals Correlations and Trends
By evaluating Manitex International'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 Manitex International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Manitex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Manitex International Stock history
Manitex International 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 Manitex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Manitex International 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 Manitex International stock prices may prove useful in developing a viable investing in Manitex International
Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, and internationally. Manitex International, Inc. was founded in 1993 and is headquartered in Bridgeview, Illinois. Manitex Intl operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 514 people.
Manitex International Stock Technical Analysis
Manitex International 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
Manitex International Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Manitex International 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.
Manitex International January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Manitex International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manitex International shares will generate the highest return on investment. By undertsting and applying Manitex International stock market strength indicators, traders can identify Manitex International entry and exit signals to maximize returns
Manitex International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Manitex International's price direction in advance. Along with the technical and fundamental analysis of Manitex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Manitex 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 | 0.107 | |||
Jensen Alpha | 0.0382 | |||
Total Risk Alpha | 0.0334 | |||
Sortino Ratio | 0.0743 | |||
Treynor Ratio | 6.96 |
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Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitex International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Manitex Stock
If you are still planning to invest in Manitex International 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 Manitex International's history and understand the potential risks before investing.
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