Mercury Industries (Malaysia) Price on November 14, 2024
8192 Stock | 0.94 0.03 3.09% |
If you're considering investing in Mercury Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mercury Industries stands at 0.94, as last reported on the 26th of November, with the highest price reaching 0.97 and the lowest price hitting 0.94 during the day. Mercury Industries Bhd has Sharpe Ratio of -0.0099, which conveys that the firm had a -0.0099% return per unit of risk over the last 3 months. Mercury Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mercury Industries' Risk Adjusted Performance of (0.02), mean deviation of 1.44, and Standard Deviation of 2.32 to check out the risk estimate we provide.
Mercury Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mercury |
Sharpe Ratio = -0.0099
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Negative Returns | 8192 |
Estimated Market Risk
2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mercury Industries 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 Mercury Industries by adding Mercury Industries to a well-diversified portfolio.
Mercury Industries Valuation on November 14, 2024
It is possible to determine the worth of Mercury Industries on a given historical date. On November 14, 2024 Mercury was worth 0.99 at the beginning of the trading date compared to the closed value of 1.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mercury Industries stock. Still, in general, we apply an absolute valuation method to find Mercury Industries' 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 Mercury Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mercury Industries' related companies.
Open | High | Low | Close | Volume | |
0.99 | 0.99 | 0.98 | 0.98 | 64,400 | |
11/14/2024 | 0.99 | 1.03 | 0.98 | 1.03 | 84,700 |
0.98 | 1.03 | 0.98 | 1.03 | 50,200 |
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Mercury Industries Trading Date Momentum on November 14, 2024
On November 15 2024 Mercury Industries Bhd was traded for 1.03 at the closing time. The highest price during the trading period was 1.03 and the lowest recorded bid was listed for 0.98 . The volume for the day was 50.2 K. This history from November 15, 2024 did not cause price change. The trading delta at closing time to the current price is 6.80% . |
Mercury Industries Bhd Fundamentals Correlations and Trends
By evaluating Mercury Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mercury Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mercury financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mercury Industries Stock history
Mercury Industries 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 Mercury is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mercury Industries Bhd 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 Mercury Industries stock prices may prove useful in developing a viable investing in Mercury Industries
Mercury Industries Stock Technical Analysis
Mercury Industries 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
Mercury Industries Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Mercury Industries Bhd cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur 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.
Mercury Industries November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Mercury Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mercury Industries shares will generate the highest return on investment. By undertsting and applying Mercury Industries stock market strength indicators, traders can identify Mercury Industries Bhd entry and exit signals to maximize returns
Mercury Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mercury Industries' price direction in advance. Along with the technical and fundamental analysis of Mercury Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mercury 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 | (0.02) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | 0.1861 |
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Other Information on Investing in Mercury Stock
Mercury Industries financial ratios help investors to determine whether Mercury Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mercury with respect to the benefits of owning Mercury Industries security.