Mantengu Mining (South Africa) Price on May 2, 2024

MTU Stock   70.00  4.00  5.41%   
If you're considering investing in Mantengu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mantengu Mining stands at 70.00, as last reported on the 30th of December, with the highest price reaching 72.00 and the lowest price hitting 70.00 during the day. Mantengu Mining has Sharpe Ratio of -0.0107, which conveys that the firm had a -0.0107% return per unit of risk over the last 3 months. Mantengu Mining exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mantengu Mining's Risk Adjusted Performance of 0.0079, mean deviation of 4.29, and Standard Deviation of 6.84 to check out the risk estimate we provide.
  
Mantengu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0107

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMTU

Estimated Market Risk

 6.96
  actual daily
61
61% of assets are less volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mantengu Mining 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 Mantengu Mining by adding Mantengu Mining to a well-diversified portfolio.

Mantengu Mining Valuation on May 2, 2024

It is possible to determine the worth of Mantengu Mining on a given historical date. On May 2, 2024 Mantengu was worth 70.0 at the beginning of the trading date compared to the closed value of 65.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mantengu Mining stock. Still, in general, we apply an absolute valuation method to find Mantengu Mining'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 Mantengu Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mantengu Mining's related companies.
 Open High Low Close Volume
  76.00    76.00    70.00    70.00    215,000  
05/02/2024
  70.00    70.00    65.00    65.00    96,000  
  77.00    85.00    72.00    72.00    583,471  
Backtest Mantengu Mining  |  Mantengu Mining History  |  Mantengu Mining Valuation   PreviousNext  
Open Value
70.0
65.0
Closing Value
90.87
Upside

Mantengu Mining Trading Date Momentum on May 2, 2024

On May 03 2024 Mantengu Mining was traded for  72.00  at the closing time. The highest price during the trading period was 85.00  and the lowest recorded bid was listed for  72.00 . The volume for the day was 583.5 K. This history from May 3, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 10.77% . The trading delta at closing time to the current price is 33.85% .

Mantengu Mining Fundamentals Correlations and Trends

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

About Mantengu Mining Stock history

Mantengu Mining 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 Mantengu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mantengu Mining 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 Mantengu Mining stock prices may prove useful in developing a viable investing in Mantengu Mining

Mantengu Mining Stock Technical Analysis

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

Mantengu Mining Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mantengu Mining cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Mantengu Mining December 30, 2024 Market Strength

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

Mantengu Mining Technical and Predictive Indicators

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

When running Mantengu Mining's price analysis, check to measure Mantengu Mining'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 Mantengu Mining is operating at the current time. Most of Mantengu Mining's value examination focuses on studying past and present price action to predict the probability of Mantengu Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mantengu Mining's price. Additionally, you may evaluate how the addition of Mantengu Mining to your portfolios can decrease your overall portfolio volatility.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Fundamental Analysis
View fundamental data based on most recent published financial statements
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital