Mitchells Butlers (UK) Price on August 22, 2024
MAB Stock | 242.50 0.50 0.21% |
If you're considering investing in Mitchells Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mitchells Butlers stands at 242.50, as last reported on the 11th of December 2024, with the highest price reaching 244.75 and the lowest price hitting 240.49 during the day. Mitchells Butlers PLC has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Mitchells Butlers exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitchells Butlers' Risk Adjusted Performance of (0.11), standard deviation of 1.62, and Mean Deviation of 1.13 to check out the risk estimate we provide.
Mitchells Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mitchells |
Sharpe Ratio = -0.1668
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Estimated Market Risk
1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mitchells Butlers 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 Mitchells Butlers by adding Mitchells Butlers to a well-diversified portfolio.
Mitchells Butlers Valuation on August 22, 2024
It is possible to determine the worth of Mitchells Butlers on a given historical date. On August 22, 2024 Mitchells was worth 310.0 at the beginning of the trading date compared to the closed value of 308.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitchells Butlers stock. Still, in general, we apply an absolute valuation method to find Mitchells Butlers' 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 Mitchells Butlers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitchells Butlers' related companies.
Open | High | Low | Close | Volume | |
302.00 | 309.50 | 299.50 | 309.50 | 208,608 | |
08/22/2024 | 310.00 | 313.00 | 306.55 | 308.50 | 182,511 |
305.00 | 311.17 | 304.00 | 309.00 | 199,155 |
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Mitchells Butlers Trading Date Momentum on August 22, 2024
On August 23 2024 Mitchells Butlers PLC was traded for 309.00 at the closing time. The highest price during the trading period was 311.17 and the lowest recorded bid was listed for 304.00 . The volume for the day was 199.2 K. This history from August 23, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.16% . The trading delta at closing time to the current price is 4.70% . |
Mitchells Butlers PLC Fundamentals Correlations and Trends
By evaluating Mitchells Butlers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mitchells Butlers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mitchells financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mitchells Butlers Stock history
Mitchells Butlers 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 Mitchells is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mitchells Butlers PLC 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 Mitchells Butlers stock prices may prove useful in developing a viable investing in Mitchells Butlers
Mitchells Butlers Stock Technical Analysis
Mitchells Butlers 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
Mitchells Butlers Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Mitchells Butlers PLC cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
Mitchells Butlers December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Mitchells Butlers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mitchells Butlers shares will generate the highest return on investment. By undertsting and applying Mitchells Butlers stock market strength indicators, traders can identify Mitchells Butlers PLC entry and exit signals to maximize returns
Mitchells Butlers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mitchells Butlers' price direction in advance. Along with the technical and fundamental analysis of Mitchells Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mitchells 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 | (0.11) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (3.10) |
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Volume Indicators |
Complementary Tools for Mitchells Stock analysis
When running Mitchells Butlers' price analysis, check to measure Mitchells Butlers' 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 Mitchells Butlers is operating at the current time. Most of Mitchells Butlers' value examination focuses on studying past and present price action to predict the probability of Mitchells Butlers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitchells Butlers' price. Additionally, you may evaluate how the addition of Mitchells Butlers to your portfolios can decrease your overall portfolio volatility.
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