Mersen SA (France) Price on November 19, 2024
MRN Stock | EUR 19.78 0.06 0.30% |
If you're considering investing in Mersen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mersen SA stands at 19.78, as last reported on the 1st of December, with the highest price reaching 20.05 and the lowest price hitting 19.60 during the day. Mersen SA has Sharpe Ratio of -0.23, which conveys that the firm had a -0.23% return per unit of risk over the last 3 months. Mersen SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mersen SA's Mean Deviation of 2.04, standard deviation of 2.77, and Risk Adjusted Performance of (0.17) to check out the risk estimate we provide.
Mersen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mersen |
Sharpe Ratio = -0.2303
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Estimated Market Risk
2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mersen SA 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 Mersen SA by adding Mersen SA to a well-diversified portfolio.
Mersen SA Valuation on November 19, 2024
It is possible to determine the worth of Mersen SA on a given historical date. On November 19, 2024 Mersen was worth 21.05 at the beginning of the trading date compared to the closed value of 20.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mersen SA stock. Still, in general, we apply an absolute valuation method to find Mersen SA'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 Mersen SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mersen SA's related companies.
Open | High | Low | Close | Volume | |
21.55 | 21.90 | 21.10 | 21.20 | 68,196 | |
11/19/2024 | 21.05 | 21.15 | 20.30 | 20.50 | 78,168 |
20.80 | 20.85 | 20.35 | 20.45 | 33,016 |
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Mersen SA Trading Date Momentum on November 19, 2024
On November 20 2024 Mersen SA was traded for 20.45 at the closing time. The maximum traded price for the trading interval was 20.85 and the lowest daily price was 20.35 . The daily volume was recorded at 33 K. The volume of trading on 20th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.24% . The trading delta at closing time to the closing price today is 3.12% . |
Mersen SA Fundamentals Correlations and Trends
By evaluating Mersen SA'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 Mersen SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mersen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mersen SA Stock history
Mersen SA 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 Mersen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mersen SA 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 Mersen SA stock prices may prove useful in developing a viable investing in Mersen SA
Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. Mersen SA was founded in 1889 and is headquartered in Paris, France. MERSEN operates under Electrical Equipment Parts classification in France and is traded on Paris Stock Exchange. It employs 6866 people.
Mersen SA Stock Technical Analysis
Mersen SA 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
Mersen SA Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Mersen SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Mersen SA December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Mersen SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mersen SA shares will generate the highest return on investment. By undertsting and applying Mersen SA stock market strength indicators, traders can identify Mersen SA entry and exit signals to maximize returns
Mersen SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mersen SA's price direction in advance. Along with the technical and fundamental analysis of Mersen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mersen 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 | (0.17) | |||
Jensen Alpha | (0.75) | |||
Total Risk Alpha | (1.11) | |||
Treynor Ratio | (0.83) |
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Complementary Tools for Mersen Stock analysis
When running Mersen SA's price analysis, check to measure Mersen SA'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 Mersen SA is operating at the current time. Most of Mersen SA's value examination focuses on studying past and present price action to predict the probability of Mersen SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mersen SA's price. Additionally, you may evaluate how the addition of Mersen SA to your portfolios can decrease your overall portfolio volatility.
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