Micropac Industries Stock Price on September 15, 2023
| MPAD Stock | USD 19.81 0.01 0.05% |
If you're considering investing in Micropac Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Micropac Industries stands at 19.81, as last reported on the 29th of November, with the highest price reaching 19.81 and the lowest price hitting 19.81 during the day. Micropac Industries appears to be somewhat reliable, given 3 months investment horizon. Micropac Industries has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Micropac Industries' technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please exercise Micropac Industries' Risk Adjusted Performance of 0.1145, downside deviation of 3.18, and Mean Deviation of 1.46 to check out if our risk estimates are consistent with your expectations.
Micropac Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Micropac |
Sharpe Ratio = 0.1424
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Estimated Market Risk
| 3.73 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Micropac Industries is performing at about 11% 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 Micropac Industries by adding it to a well-diversified portfolio.
Micropac Industries Valuation on September 15, 2023
It is possible to determine the worth of Micropac Industries on a given historical date. On September 15, 2023 Micropac was worth 10.91 at the beginning of the trading date compared to the closed value of 10.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Micropac Industries pink sheet. Still, in general, we apply an absolute valuation method to find Micropac Industries' 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 Micropac Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Micropac Industries' related companies.
| Open | High | Low | Close | Volume | |
| 11.40 | 11.40 | 11.40 | 11.40 | 300.00 | |
09/12/2023 | 10.91 | 10.91 | 10.91 | 10.91 | 200.00 |
| 10.81 | 10.91 | 10.81 | 10.91 | 2,573 |
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Micropac Industries Trading Date Momentum on September 15, 2023
| On September 18 2023 Micropac Industries was traded for 10.91 at the closing time. The top price for the day was 10.91 and the lowest listed price was 10.81 . The trading volume for the day was 2.6 K. The trading history from September 18, 2023 did not cause price change. The trading delta at closing time against the current closing price is 1.37% . |
Micropac Industries Fundamentals Correlations and Trends
By evaluating Micropac Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Micropac Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Micropac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Micropac Industries Pink Sheet history
Micropac Industries 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 Micropac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Micropac Industries 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 Micropac Industries stock prices may prove useful in developing a viable investing in Micropac Industries
Micropac Industries, Inc. designs, manufactures, and distributes various types of microelectronic circuits. Micropac Industries, Inc. was founded in 1963 and is based in Garland, Texas. Micropac Industries operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 153 people.
Micropac Industries Pink Sheet Technical Analysis
Micropac Industries technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Micropac Industries Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Micropac Industries November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Micropac Industries pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Micropac Industries shares will generate the highest return on investment. By undertsting and applying Micropac Industries pink sheet market strength indicators, traders can identify Micropac Industries entry and exit signals to maximize returns
Micropac Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Micropac Industries' price direction in advance. Along with the technical and fundamental analysis of Micropac Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Micropac 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 | 0.1145 | |||
| Jensen Alpha | 0.5521 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1199 | |||
| Treynor Ratio | (1.03) |
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| Volume Indicators |
Complementary Tools for Micropac Pink Sheet analysis
When running Micropac Industries' price analysis, check to measure Micropac Industries' 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 Micropac Industries is operating at the current time. Most of Micropac Industries' value examination focuses on studying past and present price action to predict the probability of Micropac Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micropac Industries' price. Additionally, you may evaluate how the addition of Micropac Industries to your portfolios can decrease your overall portfolio volatility.
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