Mynaric AG (UK) Price on September 23, 2024
| 0AR9 Stock | 5.02 0.10 1.95% |
Below is the normalized historical share price chart for Mynaric AG extending back to January 25, 2018. 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 Mynaric AG stands at 5.02, as last reported on the 1st of December, with the highest price reaching 5.14 and the lowest price hitting 5.02 during the day.
If you're considering investing in Mynaric Stock, it is important to understand the factors that can impact its price. Mynaric AG appears to be very risky, given 3 months investment horizon. Mynaric AG has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Mynaric AG's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please exercise Mynaric AG's Downside Deviation of 4.21, risk adjusted performance of 0.107, and Mean Deviation of 3.66 to check out if our risk estimates are consistent with your expectations.
At this time, Mynaric AG's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 214.2 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 3.8 M in 2024. . Mynaric Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 20.2086 | 50 Day MA 19.8368 | Beta 1.173 |
Mynaric |
Sharpe Ratio = 0.1147
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.81 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Mynaric AG is performing at about 9% 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 Mynaric AG by adding it to a well-diversified portfolio.
Book Value (7.91) | Enterprise Value 156 M | Price Sales 7.4448 | Shares Float 5.6 M | Shares Outstanding 2.7 M |
Mynaric AG Valuation on September 23, 2024
It is possible to determine the worth of Mynaric AG on a given historical date. On September 23, 2024 Mynaric was worth 4.37 at the beginning of the trading date compared to the closed value of 4.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mynaric AG stock. Still, in general, we apply an absolute valuation method to find Mynaric AG'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 Mynaric AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mynaric AG's related companies.
| Open | High | Low | Close | Volume | |
| 4.28 | 4.80 | 4.28 | 4.78 | 2,371 | |
09/23/2024 | 4.37 | 4.88 | 4.37 | 4.82 | 1,270 |
| 4.80 | 4.82 | 4.02 | 4.82 | 809.00 |
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Mynaric AG Trading Date Momentum on September 23, 2024
| On September 24 2024 Mynaric AG was traded for 4.82 at the closing time. The highest price during the trading period was 4.82 and the lowest recorded bid was listed for 4.02 . The volume for the day was 809. This history from September 24, 2024 did not cause price change. The trading delta at closing time to the current price is 12.86% . |
Mynaric AG Fundamentals Correlations and Trends
By evaluating Mynaric AG'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 Mynaric AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mynaric financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mynaric AG Stock history
Mynaric AG 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 Mynaric is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mynaric AG 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 Mynaric AG stock prices may prove useful in developing a viable investing in Mynaric AG
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6 M | 3.8 M |
Mynaric AG Stock Technical Analysis
Mynaric AG 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
Mynaric AG Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Mynaric AG cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
Mynaric AG December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Mynaric AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mynaric AG shares will generate the highest return on investment. By undertsting and applying Mynaric AG stock market strength indicators, traders can identify Mynaric AG entry and exit signals to maximize returns
Mynaric AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mynaric AG's price direction in advance. Along with the technical and fundamental analysis of Mynaric Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mynaric 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 | 0.107 | |||
| Jensen Alpha | 0.6023 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.1443 | |||
| Treynor Ratio | 0.7053 |
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Additional Tools for Mynaric Stock Analysis
When running Mynaric AG's price analysis, check to measure Mynaric AG'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 Mynaric AG is operating at the current time. Most of Mynaric AG's value examination focuses on studying past and present price action to predict the probability of Mynaric AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mynaric AG's price. Additionally, you may evaluate how the addition of Mynaric AG to your portfolios can decrease your overall portfolio volatility.