Mesabi Trust Stock Price on November 22, 2024
MSB Stock | USD 27.16 0.80 2.86% |
Below is the normalized historical share price chart for Mesabi Trust extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mesabi Trust stands at 27.16, as last reported on the 4th of December, with the highest price reaching 28.65 and the lowest price hitting 27.16 during the day.
If you're considering investing in Mesabi Stock, it is important to understand the factors that can impact its price. Mesabi Trust appears to be not too volatile, given 3 months investment horizon. Mesabi Trust has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. By analyzing Mesabi Trust's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please exercise Mesabi Trust's Downside Deviation of 1.82, risk adjusted performance of 0.1806, and Mean Deviation of 1.89 to check out if our risk estimates are consistent with your expectations.
At present, Mesabi Trust's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 28 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 14.4 M. . At present, Mesabi Trust's Price To Sales Ratio is projected to increase based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 14.16, whereas Price Book Value Ratio is forecasted to decline to 11.59. Mesabi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of December 1987 | 200 Day MA 19.4876 | 50 Day MA 24.9932 | Beta 0.848 |
Mesabi |
Sharpe Ratio = 0.2205
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Estimated Market Risk
3.56 actual daily | 31 69% of assets are more volatile |
Expected Return
0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Mesabi Trust is performing at about 17% 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 Mesabi Trust by adding it to a well-diversified portfolio.
Price Book 16.1123 | Enterprise Value Ebitda 17.2819 | Price Sales 13.4551 | Shares Float 13.1 M | Dividend Share 1.31 |
Mesabi Trust Main Headline on 22nd of November 2024
Mesabi Trust stock hits 52-week high at 26.99 amid strong pe... by news.google.com
Mesabi Trust stock hits 52-week high at 26.99 amid strong performance Investing.com India
Mesabi Trust Valuation on November 22, 2024
It is possible to determine the worth of Mesabi Trust on a given historical date. On November 22, 2024 Mesabi was worth 26.45 at the beginning of the trading date compared to the closed value of 26.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mesabi Trust stock. Still, in general, we apply an absolute valuation method to find Mesabi Trust'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 Mesabi Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mesabi Trust's related companies.
Open | High | Low | Close | Volume | |
25.99 | 26.60 | 25.75 | 26.54 | 18,397 | |
11/22/2024 | 26.45 | 26.99 | 26.03 | 26.03 | 27,022 |
26.03 | 26.13 | 25.74 | 25.78 | 19,450 |
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Mesabi Trust Trading Date Momentum on November 22, 2024
On November 25 2024 Mesabi Trust was traded for 25.78 at the closing time. Highest Mesabi Trust's price during the trading hours was 26.13 and the lowest price during the day was 25.74 . The net volume was 19.4 K. The overall trading history on the 25th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.96% . The trading delta at closing time to current price is 7.18% . |
Mesabi Trust Fundamentals Correlations and Trends
By evaluating Mesabi Trust'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 Mesabi Trust's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mesabi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mesabi Trust Stock history
Mesabi Trust 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 Mesabi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mesabi Trust 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 Mesabi Trust stock prices may prove useful in developing a viable investing in Mesabi Trust
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 15.1 M | 14.4 M | |
Net Income Applicable To Common Shares | 6.1 M | 5.8 M |
Mesabi Trust Quarterly Net Working Capital |
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Mesabi Trust Stock Technical Analysis
Mesabi Trust 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
Mesabi Trust Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Mesabi Trust cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Mesabi Trust December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Mesabi Trust stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mesabi Trust shares will generate the highest return on investment. By undertsting and applying Mesabi Trust stock market strength indicators, traders can identify Mesabi Trust entry and exit signals to maximize returns
Mesabi Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mesabi Trust's price direction in advance. Along with the technical and fundamental analysis of Mesabi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mesabi 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 | 0.1806 | |||
Jensen Alpha | 0.765 | |||
Total Risk Alpha | 0.3093 | |||
Sortino Ratio | 0.375 | |||
Treynor Ratio | 4.13 |
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Volume Indicators |
Complementary Tools for Mesabi Stock analysis
When running Mesabi Trust's price analysis, check to measure Mesabi Trust'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 Mesabi Trust is operating at the current time. Most of Mesabi Trust's value examination focuses on studying past and present price action to predict the probability of Mesabi Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesabi Trust's price. Additionally, you may evaluate how the addition of Mesabi Trust to your portfolios can decrease your overall portfolio volatility.
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