Mg Internation (France) Price on July 10, 2024

ALMGI Stock  EUR 4.20  0.16  3.67%   
If you're considering investing in ALMGI Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mg Internation stands at 4.20, as last reported on the 30th of November, with the highest price reaching 4.20 and the lowest price hitting 4.20 during the day. Mg Internation retains Efficiency (Sharpe Ratio) of -0.0965, which conveys that the firm had a -0.0965% return per unit of price deviation over the last 3 months. Mg Internation exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mg Internation's Mean Deviation of 0.8779, market risk adjusted performance of 1.85, and Information Ratio of (0.19) to check out the risk estimate we provide.
  
ALMGI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0965

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Estimated Market Risk

 1.35
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mg Internation 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 Mg Internation by adding Mg Internation to a well-diversified portfolio.

Mg Internation Valuation on July 10, 2024

It is possible to determine the worth of Mg Internation on a given historical date. On July 10, 2024 ALMGI was worth 4.94 at the beginning of the trading date compared to the closed value of 4.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mg Internation stock. Still, in general, we apply an absolute valuation method to find Mg Internation'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 Mg Internation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mg Internation's related companies.
 Open High Low Close Volume
  5.55    5.55    5.55    5.55    2.00  
07/10/2024
  4.94    4.94    4.94    4.94    650.00  
  5.03    5.03    4.75    4.75    285.00  
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Open Value
4.94
4.94
Closing Value
9.00
Upside

Mg Internation Trading Date Momentum on July 10, 2024

On July 11 2024 Mg Internation was traded for  4.75  at the closing time. The highest price during the trading period was 5.03  and the lowest recorded bid was listed for  4.75 . The volume for the day was 285. This history from July 11, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.85% . The trading delta at closing time to the current price is 2.83% .

Mg Internation Fundamentals Correlations and Trends

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

About Mg Internation Stock history

Mg Internation 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 ALMGI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mg Internation 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 Mg Internation stock prices may prove useful in developing a viable investing in Mg Internation
The company offers pool cleaning solutions, such as electric robots safety systems consisting of alarms and automatic pool covers under the Dolphin, Aqualife, Aquasensor, and Aqualarm brand names. It serves shops and pool builders through Youtube, email, Web site, phone, and offices in France, Belgium, Switzerland, Germany, Luxembourg, and the United States. MG INTERNATIONAL is traded on Paris Stock Exchange in France.

Mg Internation Stock Technical Analysis

Mg Internation 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 Mg Internation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mg Internation 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

Mg Internation Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mg Internation cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.

Mg Internation November 30, 2024 Market Strength

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

Mg Internation Technical and Predictive Indicators

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

Additional Tools for ALMGI Stock Analysis

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