Maire Tecnimont (Germany) Price on May 10, 2024
| 3OY1 Stock | EUR 7.70 0.10 1.32% |
If you're considering investing in Maire Stock, it is important to understand the factors that can impact its price. As of today, the current price of Maire Tecnimont stands at 7.70, as last reported on the 11th of December 2024, with the highest price reaching 7.94 and the lowest price hitting 7.60 during the day. At this point, Maire Tecnimont is somewhat reliable. Maire Tecnimont SpA has Sharpe Ratio of 0.0418, which conveys that the firm had a 0.0418% return per unit of risk over the last 3 months. We have found thirty technical indicators for Maire Tecnimont, which you can use to evaluate the volatility of the firm. Please verify Maire Tecnimont's Risk Adjusted Performance of 0.0461, downside deviation of 2.82, and Mean Deviation of 1.42 to check out if the risk estimate we provide is consistent with the expected return of 0.0943%.
Maire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Maire |
Sharpe Ratio = 0.0418
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| Cash | Small Risk | 3OY1 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Maire Tecnimont is performing at about 3% 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 Maire Tecnimont by adding it to a well-diversified portfolio.
Maire Tecnimont Valuation on May 10, 2024
It is possible to determine the worth of Maire Tecnimont on a given historical date. On May 10, 2024 Maire was worth 7.21 at the beginning of the trading date compared to the closed value of 7.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maire Tecnimont stock. Still, in general, we apply an absolute valuation method to find Maire Tecnimont'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 Maire Tecnimont where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maire Tecnimont's related companies.
| Open | High | Low | Close | Volume | |
| 7.13 | 7.25 | 7.13 | 7.25 | 3.00 | |
05/10/2024 | 7.21 | 7.21 | 7.21 | 7.21 | 3.00 |
| 7.26 | 7.26 | 7.26 | 7.26 | 3.00 |
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Maire Tecnimont Trading Date Momentum on May 10, 2024
| On May 13 2024 Maire Tecnimont SpA was traded for 7.26 at the closing time. The maximum traded price for the trading interval was 7.26 and the lowest daily price was 7.26 . There was no trading activity during the period 3.0. Lack of trading volume on 13th of May 2024 played a part in the next trading day price rise. The daily price change to the next closing price was 0.69% . The trading delta at closing time to the closing price today is 1.11% . |
Maire Tecnimont SpA Fundamentals Correlations and Trends
By evaluating Maire Tecnimont'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 Maire Tecnimont's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Maire financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Maire Tecnimont Stock history
Maire Tecnimont 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 Maire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maire Tecnimont SpA 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 Maire Tecnimont stock prices may prove useful in developing a viable investing in Maire Tecnimont
Maire Tecnimont S.p.A. provides engineering services in Italy and internationally. Maire Tecnimont S.p.A. was founded in 1973 and is headquartered in Milan, Italy. MAIRE TECNIMONT operates under Engineering Construction classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6300 people.
Maire Tecnimont Stock Technical Analysis
Maire Tecnimont 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
Maire Tecnimont Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Maire Tecnimont SpA 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.
Maire Tecnimont December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Maire Tecnimont stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maire Tecnimont shares will generate the highest return on investment. By undertsting and applying Maire Tecnimont stock market strength indicators, traders can identify Maire Tecnimont SpA entry and exit signals to maximize returns
Maire Tecnimont Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maire Tecnimont's price direction in advance. Along with the technical and fundamental analysis of Maire Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maire 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 | 0.0461 | |||
| Jensen Alpha | 0.1469 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.36) |
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| Volume Indicators |
Complementary Tools for Maire Stock analysis
When running Maire Tecnimont's price analysis, check to measure Maire Tecnimont'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 Maire Tecnimont is operating at the current time. Most of Maire Tecnimont's value examination focuses on studying past and present price action to predict the probability of Maire Tecnimont's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maire Tecnimont's price. Additionally, you may evaluate how the addition of Maire Tecnimont to your portfolios can decrease your overall portfolio volatility.
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