MITSUBISHI STEEL (Germany) Price on October 30, 2024
| 0BK Stock | 9.60 0.15 1.54% |
If you're considering investing in MITSUBISHI Stock, it is important to understand the factors that can impact its price. As of today, the current price of MITSUBISHI STEEL stands at 9.60, as last reported on the 30th of January, with the highest price reaching 9.60 and the lowest price hitting 9.60 during the day. MITSUBISHI STEEL appears to be not too volatile, given 3 months investment horizon. MITSUBISHI STEEL MFG has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for MITSUBISHI STEEL, which you can use to evaluate the volatility of the firm. Please exercise MITSUBISHI STEEL's Mean Deviation of 1.12, risk adjusted performance of 0.1728, and Market Risk Adjusted Performance of 0.6222 to check out if our risk estimates are consistent with your expectations.
MITSUBISHI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MITSUBISHI |
Sharpe Ratio = 0.2549
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Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 20 80% of assets perform better |
Based on monthly moving average MITSUBISHI STEEL is performing at about 20% 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 MITSUBISHI STEEL by adding it to a well-diversified portfolio.
MITSUBISHI STEEL Valuation on October 30, 2024
It is possible to determine the worth of MITSUBISHI STEEL on a given historical date. On October 30, 2024 MITSUBISHI was worth 7.8 at the beginning of the trading date compared to the closed value of 7.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MITSUBISHI STEEL stock. Still, in general, we apply an absolute valuation method to find MITSUBISHI STEEL'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 MITSUBISHI STEEL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MITSUBISHI STEEL's related companies.
| Open | High | Low | Close | Volume | |
| 7.90 | 7.90 | 7.90 | 7.90 | 58.00 | |
10/30/2024 | 7.80 | 7.80 | 7.80 | 7.80 | 58.00 |
| 7.80 | 7.80 | 7.80 | 7.80 | 58.00 |
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MITSUBISHI STEEL Trading Date Momentum on October 30, 2024
| On October 31 2024 MITSUBISHI STEEL MFG was traded for 7.80 at the closing time. The highest daily price throughout the period was 7.80 and the lowest price was 7.80 . The daily volume was 58.0. The net trading volume on 10/31/2024 did not cause price change. The trading delta at closing time to current closing price is 5.77% . |
About MITSUBISHI STEEL Stock history
MITSUBISHI STEEL 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 MITSUBISHI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MITSUBISHI STEEL MFG 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 MITSUBISHI STEEL stock prices may prove useful in developing a viable investing in MITSUBISHI STEEL
MITSUBISHI STEEL Stock Technical Analysis
MITSUBISHI STEEL 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
MITSUBISHI STEEL Period Price Range
Low | January 30, 2025
| High |
0.00 | 0.00 |
MITSUBISHI STEEL MFG cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
MITSUBISHI STEEL January 30, 2025 Market Strength
Market strength indicators help investors to evaluate how MITSUBISHI STEEL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MITSUBISHI STEEL shares will generate the highest return on investment. By undertsting and applying MITSUBISHI STEEL stock market strength indicators, traders can identify MITSUBISHI STEEL MFG entry and exit signals to maximize returns
MITSUBISHI STEEL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MITSUBISHI STEEL's price direction in advance. Along with the technical and fundamental analysis of MITSUBISHI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MITSUBISHI 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 | 0.1728 | |||
| Jensen Alpha | 0.2427 | |||
| Total Risk Alpha | 0.1493 | |||
| Sortino Ratio | 0.1438 | |||
| Treynor Ratio | 0.6122 |
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| Volume Indicators |
Complementary Tools for MITSUBISHI Stock analysis
When running MITSUBISHI STEEL's price analysis, check to measure MITSUBISHI STEEL'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 MITSUBISHI STEEL is operating at the current time. Most of MITSUBISHI STEEL's value examination focuses on studying past and present price action to predict the probability of MITSUBISHI STEEL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MITSUBISHI STEEL's price. Additionally, you may evaluate how the addition of MITSUBISHI STEEL to your portfolios can decrease your overall portfolio volatility.
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