Morguard North American Stock Price on June 24, 2024

MRG-UN Stock  CAD 17.13  0.07  0.41%   
If you're considering investing in Morguard Stock, it is important to understand the factors that can impact its price. As of today, the current price of Morguard North stands at 17.13, as last reported on the 25th of December, with the highest price reaching 17.20 and the lowest price hitting 16.85 during the day. Morguard North American 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. Morguard North exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Morguard North's Standard Deviation of 1.29, mean deviation of 1.05, and Risk Adjusted Performance of (0.1) to check out the risk estimate we provide.
  
Morguard Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1292

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Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Morguard North 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 Morguard North by adding Morguard North to a well-diversified portfolio.

Morguard North Valuation on June 24, 2024

It is possible to determine the worth of Morguard North on a given historical date. On June 24, 2024 Morguard was worth 14.65 at the beginning of the trading date compared to the closed value of 15.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Morguard North stock. Still, in general, we apply an absolute valuation method to find Morguard North'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 Morguard North where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Morguard North's related companies.
 Open High Low Close Volume
  14.79    14.79    14.54    14.59    60,747  
06/24/2024
  14.65    15.07    14.65    15.04    13,920  
  15.08    15.14    14.86    15.00    87,901  
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Open Value
14.65
15.04
Closing Value
18.52
Upside

Morguard North Trading Date Momentum on June 24, 2024

On June 25 2024 Morguard North American was traded for  15.00  at the closing time. The highest price during the trading period was 15.14  and the lowest recorded bid was listed for  14.86 . The volume for the day was 87.9 K. This history from June 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.27% . The trading delta at closing time to the current price is 3.52% .

Morguard North American Fundamentals Correlations and Trends

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

About Morguard North Stock history

Morguard North 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 Morguard is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Morguard North American 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 Morguard North stock prices may prove useful in developing a viable investing in Morguard North
The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The REITs portfolio is comprised of 13,275 residential suites located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately 3.1 billion at September 30, 2020. MORGUARD operates under REITResidential classification in Canada and is traded on Toronto Stock Exchange.

Morguard North Stock Technical Analysis

Morguard North 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 Morguard North technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Morguard North 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

Morguard North Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Morguard North American cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Morguard North December 25, 2024 Market Strength

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

Morguard North Technical and Predictive Indicators

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

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