Mesabi Trust Stock Price on December 16, 2024
| MSB Stock | USD 27.79 1.56 5.32% |
If you're considering investing in Mesabi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mesabi Trust stands at 27.79, as last reported on the 21st of December, with the highest price reaching 29.36 and the lowest price hitting 27.58 during the day. Mesabi Trust appears to be very steady, given 3 months investment horizon. Mesabi Trust has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mesabi Trust, which you can use to evaluate the volatility of the firm. Please exercise Mesabi Trust's Risk Adjusted Performance of 0.1415, mean deviation of 1.77, and Downside Deviation of 2.18 to check out if our risk estimates are consistent with your expectations.
Mesabi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mesabi |
Sharpe Ratio = 0.17
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mesabi Trust is performing at about 13% 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.
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Mesabi Trust Valuation on December 16, 2024
It is possible to determine the worth of Mesabi Trust on a given historical date. On December 16, 2024 Mesabi was worth 25.61 at the beginning of the trading date compared to the closed value of 28.05. 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 | |
| 26.00 | 26.25 | 25.24 | 25.41 | 13,617 | |
12/16/2024 | 25.61 | 29.72 | 25.61 | 28.05 | 67,932 |
| 28.05 | 28.68 | 27.79 | 28.27 | 30,780 |
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Mesabi Trust Trading Date Momentum on December 16, 2024
| On December 17 2024 Mesabi Trust was traded for 28.27 at the closing time. Highest Mesabi Trust's price during the trading hours was 28.68 and the lowest price during the day was 27.79 . The net volume was 30.8 K. The overall trading history on the 17th of December 2024 contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 0.78% . The trading delta at closing time to current price is 4.67% . |
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
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York. Mesabi Trust operates under Steel classification in the United States and is traded on New York Stock Exchange.
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 21, 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 21, 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 | 0.1415 | |||
| Jensen Alpha | 0.418 | |||
| Total Risk Alpha | 0.3455 | |||
| Sortino Ratio | 0.1804 | |||
| Treynor Ratio | (3.83) |
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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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