MYFAIR GOLD (Germany) Price on September 27, 2024

9M5 Stock   1.26  0.02  1.61%   
If you're considering investing in MYFAIR Stock, it is important to understand the factors that can impact its price. As of today, the current price of MYFAIR GOLD stands at 1.26, as last reported on the 27th of November, with the highest price reaching 1.26 and the lowest price hitting 1.25 during the day. MYFAIR GOLD appears to be dangerous, given 3 months investment horizon. MYFAIR GOLD P has Sharpe Ratio of 0.0705, which conveys that the firm had a 0.0705% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MYFAIR GOLD, which you can use to evaluate the volatility of the firm. Please exercise MYFAIR GOLD's mean deviation of 2.55, and Risk Adjusted Performance of 0.0547 to check out if our risk estimates are consistent with your expectations.
  
MYFAIR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0705

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Estimated Market Risk

 3.43
  actual daily
30
70% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average MYFAIR GOLD is performing at about 5% 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 MYFAIR GOLD by adding it to a well-diversified portfolio.

MYFAIR GOLD Valuation on September 27, 2024

It is possible to determine the worth of MYFAIR GOLD on a given historical date. On September 27, 2024 MYFAIR was worth 1.27 at the beginning of the trading date compared to the closed value of 1.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MYFAIR GOLD stock. Still, in general, we apply an absolute valuation method to find MYFAIR GOLD'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 MYFAIR GOLD where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MYFAIR GOLD's related companies.
 Open High Low Close Volume
  1.26    1.26    1.26    1.26    1,400  
09/27/2024
  1.27    1.28    1.27    1.27    1,400  
  1.27    1.27    1.27    1.27    1,400  
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Open Value
1.27
1.27
Closing Value
11.57
Upside

MYFAIR GOLD Trading Date Momentum on September 27, 2024

On September 30 2024 MYFAIR GOLD P was traded for  1.27  at the closing time. The highest daily price throughout the period was 1.27  and the lowest price was  1.27 . The daily volume was 1.4 K. The net trading volume on 09/30/2024 did not cause price change. The trading delta at closing time to current closing price is 1.57% .

MYFAIR GOLD P Fundamentals Correlations and Trends

By evaluating MYFAIR GOLD'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 MYFAIR GOLD's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MYFAIR financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MYFAIR GOLD Stock history

MYFAIR GOLD 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 MYFAIR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MYFAIR GOLD P 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 MYFAIR GOLD stock prices may prove useful in developing a viable investing in MYFAIR GOLD

MYFAIR GOLD Stock Technical Analysis

MYFAIR GOLD 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.
A focus of MYFAIR GOLD technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MYFAIR GOLD trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MYFAIR GOLD Period Price Range

Low
November 27, 2024
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High

 0.00 

     

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MYFAIR GOLD P 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.

MYFAIR GOLD November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how MYFAIR GOLD stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MYFAIR GOLD shares will generate the highest return on investment. By undertsting and applying MYFAIR GOLD stock market strength indicators, traders can identify MYFAIR GOLD P entry and exit signals to maximize returns

MYFAIR GOLD Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MYFAIR GOLD's price direction in advance. Along with the technical and fundamental analysis of MYFAIR Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MYFAIR 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.

Complementary Tools for MYFAIR Stock analysis

When running MYFAIR GOLD's price analysis, check to measure MYFAIR GOLD'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 MYFAIR GOLD is operating at the current time. Most of MYFAIR GOLD's value examination focuses on studying past and present price action to predict the probability of MYFAIR GOLD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYFAIR GOLD's price. Additionally, you may evaluate how the addition of MYFAIR GOLD to your portfolios can decrease your overall portfolio volatility.
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