MI Homes (Germany) Price on September 3, 2024
| 4MI Stock | EUR 152.95 4.55 3.07% |
If you're considering investing in 4MI Stock, it is important to understand the factors that can impact its price. As of today, the current price of MI Homes stands at 152.95, as last reported on the 27th of November, with the highest price reaching 152.95 and the lowest price hitting 152.95 during the day. At this point, MI Homes is very steady. MI Homes retains Efficiency (Sharpe Ratio) of 0.0616, which conveys that the firm had a 0.0616% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for MI Homes, which you can use to evaluate the volatility of the firm. Please verify MI Homes' Standard Deviation of 2.23, mean deviation of 1.7, and Market Risk Adjusted Performance of 0.2689 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
4MI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
4MI |
Sharpe Ratio = 0.0616
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 4MI | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average MI Homes is performing at about 4% 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 MI Homes by adding it to a well-diversified portfolio.
MI Homes Valuation on September 3, 2024
It is possible to determine the worth of MI Homes on a given historical date. On September 3, 2024 4MI was worth 143.2 at the beginning of the trading date compared to the closed value of 143.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MI Homes stock. Still, in general, we apply an absolute valuation method to find MI Homes' 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 MI Homes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MI Homes' related companies.
| Open | High | Low | Close | Volume | |
| 143.15 | 143.15 | 142.95 | 142.95 | 70.00 | |
09/03/2024 | 143.20 | 143.20 | 143.20 | 143.20 | 70.00 |
| 139.20 | 139.20 | 139.20 | 139.20 | 70.00 |
| Backtest MI Homes | | | MI Homes History | | | MI Homes Valuation | Previous | Next |
MI Homes Trading Date Momentum on September 3, 2024
| On September 04 2024 MI Homes was traded for 139.20 at the closing time. The highest daily price throughout the period was 139.20 and the lowest price was 139.20 . The daily volume was 70.0. The net trading volume on 09/04/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 2.79% . The trading delta at closing time to current closing price is 0.38% . |
MI Homes Fundamentals Correlations and Trends
By evaluating MI Homes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MI Homes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 4MI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MI Homes Stock history
MI Homes 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 4MI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MI Homes 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 MI Homes stock prices may prove useful in developing a viable investing in MI Homes
MI Homes Stock Technical Analysis
MI Homes 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
MI Homes Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
MI Homes 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.
MI Homes November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how MI Homes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MI Homes shares will generate the highest return on investment. By undertsting and applying MI Homes stock market strength indicators, traders can identify MI Homes entry and exit signals to maximize returns
MI Homes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MI Homes' price direction in advance. Along with the technical and fundamental analysis of 4MI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 4MI 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 | 0.0407 | |||
| Jensen Alpha | 0.0479 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2589 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for 4MI Stock analysis
When running MI Homes' price analysis, check to measure MI Homes' 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 MI Homes is operating at the current time. Most of MI Homes' value examination focuses on studying past and present price action to predict the probability of MI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MI Homes' price. Additionally, you may evaluate how the addition of MI Homes to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |