Mytilineos Sa Stock Price on June 17, 2024

MYTHF Stock  USD 32.42  0.46  1.40%   
If you're considering investing in Mytilineos Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mytilineos stands at 32.42, as last reported on the 29th of December, with the highest price reaching 32.42 and the lowest price hitting 32.42 during the day. Mytilineos SA has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Mytilineos exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mytilineos' Standard Deviation of 1.18, risk adjusted performance of (0.14), and Mean Deviation of 0.4268 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.

Sharpe Ratio = -0.1802

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Estimated Market Risk

 1.2
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  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.

Mytilineos Valuation on June 17, 2024

It is possible to determine the worth of Mytilineos on a given historical date. On June 17, 2024 Mytilineos was worth 40.87 at the beginning of the trading date compared to the closed value of 40.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mytilineos pink sheet. Still, in general, we apply an absolute valuation method to find Mytilineos' 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 Mytilineos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mytilineos' related companies.
 Open High Low Close Volume
  40.87    40.87    40.87    40.87    1.00  
06/17/2024
  40.87    40.87    40.87    40.87    1.00  
  40.87    40.87    40.87    40.87    1.00  
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Open Value
40.87
40.87
Closing Value
44.47
Upside

Mytilineos Trading Date Momentum on June 17, 2024

On June 18 2024 Mytilineos SA was traded for  40.87  at the closing time. The highest daily price throughout the period was 40.87  and the lowest price was  40.87 . There was no trading activity during the period 1.0. Lack of trading volume on 06/18/2024 did not cause price change. The trading delta at closing time to current closing price is 3.96% .

Mytilineos SA Fundamentals Correlations and Trends

By evaluating Mytilineos' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mytilineos' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mytilineos financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mytilineos Pink Sheet history

Mytilineos 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 Mytilineos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mytilineos SA 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 Mytilineos stock prices may prove useful in developing a viable investing in Mytilineos
Mytilineos S.A. operates in metallurgy, sustainable engineering solution, renewables and storage development, and power and gas sectors in Greece, the European Union, and internationally. Mytilineos S.A. was founded in 1908 and is headquartered in Athens, Greece. Mytilineos operates under Conglomerates classification in the United States and is traded on OTC Exchange. It employs 3085 people.

Mytilineos Pink Sheet Technical Analysis

Mytilineos technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Mytilineos technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mytilineos 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

Mytilineos Period Price Range

Low
December 29, 2024
0.00  NaN%
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 December 29, 2024 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.

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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