Mytilineos Sa Stock Price on May 31, 2023
If you're considering investing in Mytilineos Pink Sheet, it is important to understand the factors that can impact its price. Mytilineos SA has Sharpe Ratio of -0.0193, which conveys that the firm had a -0.0193 % return per unit of risk over the last 3 months. Mytilineos exposes fourteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mytilineos' Standard Deviation of 1.7, mean deviation of 0.4791, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
Mytilineos Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Mytilineos |
Sharpe Ratio = -0.0193
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| Negative Returns | MYTHF |
Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mytilineos 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 Mytilineos by adding Mytilineos to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Mytilineos Period Price Range
Low | January 20, 2025
| High |
0.00 | 0.00 |
Mytilineos SA cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Mytilineos January 20, 2025 Market Strength
Market strength indicators help investors to evaluate how Mytilineos pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mytilineos shares will generate the highest return on investment. By undertsting and applying Mytilineos pink sheet market strength indicators, traders can identify Mytilineos SA entry and exit signals to maximize returns
Mytilineos Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mytilineos' price direction in advance. Along with the technical and fundamental analysis of Mytilineos Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mytilineos 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 | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.1562 |
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Complementary Tools for Mytilineos Pink Sheet analysis
When running Mytilineos' price analysis, check to measure Mytilineos' 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 Mytilineos is operating at the current time. Most of Mytilineos' value examination focuses on studying past and present price action to predict the probability of Mytilineos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mytilineos' price. Additionally, you may evaluate how the addition of Mytilineos to your portfolios can decrease your overall portfolio volatility.
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