Mullen Automotive Stock Price on October 17, 2024

MULN Stock  USD 1.25  0.28  18.30%   
Below is the normalized historical share price chart for Mullen Automotive extending back to October 17, 2008. 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 Mullen Automotive stands at 1.25, as last reported on the 10th of March, with the highest price reaching 1.37 and the lowest price hitting 1.21 during the day.
IPO Date
17th of October 2008
200 Day MA
4.4 K
50 Day MA
24.2314
Beta
0.925
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mullen Stock, it is important to understand the factors that can impact its price. Mullen Automotive has Sharpe Ratio of -0.38, which conveys that the firm had a -0.38 % return per unit of risk over the last 3 months. Mullen Automotive exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mullen Automotive's Standard Deviation of 14.99, mean deviation of 10.44, and Risk Adjusted Performance of (0.30) to check out the risk estimate we provide.
  
At this time, Mullen Automotive's Common Stock Total Equity is very stable compared to the past year. Sale Purchase Of Stock is expected to grow at the current pace this year, while Total Stockholder Equity is likely to drop (34.5 B). . As of the 10th of March 2025, Price Earnings To Growth Ratio is likely to grow to 0.06, while Price To Sales Ratio is likely to drop 0.32. Mullen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.384

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Estimated Market Risk

 15.71
  actual daily
96
96% of assets are less volatile

Expected Return

 -6.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.38
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mullen Automotive 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 Mullen Automotive by adding Mullen Automotive to a well-diversified portfolio.
Price Book
0.3541
Enterprise Value Ebitda
0.0552
Price Sales
0.4128
Shares Float
809.3 K
Wall Street Target Price
23

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Mullen Automotive Valuation on October 17, 2024

It is possible to determine the worth of Mullen Automotive on a given historical date. On October 17, 2024 Mullen was worth 147.6 at the beginning of the trading date compared to the closed value of 141.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mullen Automotive stock. Still, in general, we apply an absolute valuation method to find Mullen Automotive'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 Mullen Automotive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mullen Automotive's related companies.
 Open High Low Close Volume
  138.00    146.39    135.00    136.80    19,007  
10/17/2024
  147.60    159.00    138.00    141.60    51,571  
  141.00    168.66    138.00    163.20    48,711  
Backtest Mullen Automotive  |  Mullen Automotive History  |  Mullen Automotive Valuation   PreviousNext  
Open Value
147.6
100.47
Downside
141.6
Closing Value
194.73
Upside

Mullen Automotive Trading Date Momentum on October 17, 2024

On October 18 2024 Mullen Automotive was traded for  163.20  at the closing time. The top price for the day was 168.66  and the lowest listed price was  138.00 . The trading volume for the day was 48.7 K. The trading history from October 18, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 15.25% . The trading delta at closing time against the current closing price is 8.90% .

Mullen Automotive Fundamentals Correlations and Trends

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

About Mullen Automotive Stock history

Mullen Automotive 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 Mullen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mullen Automotive 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 Mullen Automotive stock prices may prove useful in developing a viable investing in Mullen Automotive
Last ReportedProjected for Next Year
Common Stock Shares Outstanding6.3 KK
Net Loss-702 M-666.9 M

Mullen Automotive Stock Technical Analysis

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

Mullen Automotive Period Price Range

Low
March 10, 2025
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Mullen Automotive cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Mullen Automotive March 10, 2025 Market Strength

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

Mullen Automotive Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mullen Automotive's price direction in advance. Along with the technical and fundamental analysis of Mullen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mullen 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.
When determining whether Mullen Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mullen Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mullen Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mullen Automotive Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mullen Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mullen Automotive. If investors know Mullen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mullen Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
-1.3 K
Revenue Per Share
82.304
Quarterly Revenue Growth
16.168
Return On Assets
(0.60)
Return On Equity
(6.31)
The market value of Mullen Automotive is measured differently than its book value, which is the value of Mullen that is recorded on the company's balance sheet. Investors also form their own opinion of Mullen Automotive's value that differs from its market value or its book value, called intrinsic value, which is Mullen Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mullen Automotive's market value can be influenced by many factors that don't directly affect Mullen Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mullen Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mullen Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mullen Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.