Mystate (Australia) Price on April 2, 2023
| MYS Stock | 4.25 0.08 1.92% |
Below is the normalized historical share price chart for Mystate extending back to January 06, 1999. 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 Mystate stands at 4.25, as last reported on the 22nd of December, with the highest price reaching 4.26 and the lowest price hitting 4.21 during the day.
If you're considering investing in Mystate Stock, it is important to understand the factors that can impact its price. Currently, Mystate is somewhat reliable. Mystate has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mystate, which you can use to evaluate the volatility of the firm. Please verify Mystate's Mean Deviation of 1.11, downside deviation of 1.38, and Risk Adjusted Performance of 0.0848 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
Issuance Of Capital Stock is likely to gain to about 53.3 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 317.6 M in 2024. . Mystate Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.7793 | 50 Day MA 3.9374 | Beta 0.956 |
Mystate |
Sharpe Ratio = 0.1045
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Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Mystate is performing at about 8% 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 Mystate by adding it to a well-diversified portfolio.
Price Book 1.0141 | Price Sales 3.1179 | Shares Float 105.3 M | Dividend Share 0.23 | Wall Street Target Price 4.77 |
Mystate Valuation on April 2, 2023
It is possible to determine the worth of Mystate on a given historical date. On April 2, 2023 Mystate was worth 3.27 at the beginning of the trading date compared to the closed value of 3.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mystate stock. Still, in general, we apply an absolute valuation method to find Mystate'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 Mystate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mystate's related companies.
| Open | High | Low | Close | Volume | |
| 3.22 | 3.27 | 3.22 | 3.25 | 38,987 | |
03/31/2023 | 3.27 | 3.30 | 3.25 | 3.27 | 44,503 |
| 3.29 | 3.32 | 3.25 | 3.25 | 135,882 |
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Mystate Trading Date Momentum on April 2, 2023
| On April 03 2023 Mystate was traded for 3.25 at the closing time. The maximum traded price for the trading interval was 3.32 and the lowest daily price was 3.25 . The daily volume was recorded at 135.9 K. The volume of trading on 3rd of April 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.61% . The trading delta at closing time to the closing price today is 1.22% . |
Mystate Fundamentals Correlations and Trends
By evaluating Mystate'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 Mystate's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mystate financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mystate Stock history
Mystate 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 Mystate is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mystate 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 Mystate stock prices may prove useful in developing a viable investing in Mystate
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 140 M | 107.6 M | |
| Net Income Applicable To Common Shares | 44.3 M | 30.9 M |
Mystate Stock Technical Analysis
Mystate 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
Mystate Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Mystate cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Mystate December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Mystate stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mystate shares will generate the highest return on investment. By undertsting and applying Mystate stock market strength indicators, traders can identify Mystate entry and exit signals to maximize returns
Mystate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mystate's price direction in advance. Along with the technical and fundamental analysis of Mystate Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mystate 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 | 0.0848 | |||
| Jensen Alpha | 0.1344 | |||
| Total Risk Alpha | 0.0911 | |||
| Sortino Ratio | 0.0779 | |||
| Treynor Ratio | (0.60) |
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Additional Tools for Mystate Stock Analysis
When running Mystate's price analysis, check to measure Mystate'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 Mystate is operating at the current time. Most of Mystate's value examination focuses on studying past and present price action to predict the probability of Mystate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mystate's price. Additionally, you may evaluate how the addition of Mystate to your portfolios can decrease your overall portfolio volatility.