Mantengu Mining (South Africa) Price on October 10, 2024

MTU Stock   71.00  1.00  1.39%   
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 71.00, as last reported on the 11th of January 2025, with the highest price reaching 74.00 and the lowest price hitting 71.00 during the day. Mantengu Mining has Sharpe Ratio of -0.0398, which conveys that the firm had a -0.0398% return per unit of risk over the last 3 months. Mantengu Mining exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mantengu Mining's Standard Deviation of 6.24, mean deviation of 3.73, and Risk Adjusted Performance of (0.02) 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 = -0.0398

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

Estimated Market Risk

 6.24
  actual daily
55
55% of assets are less volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  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 October 10, 2024

It is possible to determine the worth of Mantengu Mining on a given historical date. On October 10, 2024 Mantengu was worth 113.0 at the beginning of the trading date compared to the closed value of 102.0. 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
  119.00    120.00    105.00    112.00    607,349  
10/10/2024
  113.00    113.00    100.00    102.00    564,236  
  106.00    110.00    99.00    101.00    567,703  
Backtest Mantengu Mining  |  Mantengu Mining History  |  Mantengu Mining Valuation   PreviousNext  
Open Value
113.0
102.0
Closing Value
131.73
Upside

Mantengu Mining Trading Date Momentum on October 10, 2024

On October 11 2024 Mantengu Mining was traded for  101.00  at the closing time. The highest price during the trading period was 110.00  and the lowest recorded bid was listed for  99.00 . The volume for the day was 567.7 K. This history from October 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.98% . The trading delta at closing time to the current price is 16.67% .

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
January 11, 2025
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 January 11, 2025 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.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Commodity Directory
Find actively traded commodities issued by global exchanges
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories