Melar Acquisition Corp Stock Price on July 31, 2024
| MACIW Stock | 0.11 0.00 0.00% |
If you're considering investing in Melar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Melar Acquisition stands at 0.11, as last reported on the 30th of November, with the highest price reaching 0.11 and the lowest price hitting 0.11 during the day. Melar Acquisition is out of control given 3 months investment horizon. Melar Acquisition Corp has Sharpe Ratio of 0.0893, which conveys that the firm had a 0.0893% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-five different technical indicators, which can help you to evaluate if expected returns of 1.29% are justified by taking the suggested risk. Use Melar Acquisition Corp Downside Deviation of 14.84, risk adjusted performance of 0.06, and Mean Deviation of 9.86 to evaluate company specific risk that cannot be diversified away.
Melar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Melar |
Sharpe Ratio = 0.0893
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Estimated Market Risk
| 14.48 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.29 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Melar Acquisition is performing at about 7% 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 Melar Acquisition by adding it to a well-diversified portfolio.
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Melar Acquisition Valuation on July 31, 2024
It is possible to determine the worth of Melar Acquisition on a given historical date. On July 31, 2024 Melar was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Melar Acquisition stock. Still, in general, we apply an absolute valuation method to find Melar Acquisition'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 Melar Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Melar Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 0.11 | 0.11 | 0.11 | 0.11 | 100.00 | |
07/31/2024 | 0.11 | 0.11 | 0.10 | 0.11 | 3,400 |
| 0.11 | 0.11 | 0.11 | 0.11 | 700.00 |
| Backtest Melar Acquisition | | | Melar Acquisition History | | | Melar Acquisition Valuation | Previous | Next |
Melar Acquisition Trading Date Momentum on July 31, 2024
| On August 01 2024 Melar Acquisition Corp was traded for 0.11 at the closing time. The highest daily price throughout the period was 0.11 and the lowest price was 0.11 . The daily volume was 700. The net trading volume on 08/01/2024 did not cause price change. The trading delta at closing time to current closing price is 9.09% . |
About Melar Acquisition Stock history
Melar Acquisition 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 Melar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Melar Acquisition Corp 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 Melar Acquisition stock prices may prove useful in developing a viable investing in Melar Acquisition
Melar Acquisition Stock Technical Analysis
Melar Acquisition 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
Melar Acquisition Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Melar Acquisition November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Melar Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Melar Acquisition shares will generate the highest return on investment. By undertsting and applying Melar Acquisition stock market strength indicators, traders can identify Melar Acquisition Corp entry and exit signals to maximize returns
Melar Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Melar Acquisition's price direction in advance. Along with the technical and fundamental analysis of Melar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Melar 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 | 0.06 | |||
| Jensen Alpha | 1.14 | |||
| Total Risk Alpha | (1.45) | |||
| Sortino Ratio | 0.0541 | |||
| Treynor Ratio | (0.56) |
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Additional Tools for Melar Stock Analysis
When running Melar Acquisition's price analysis, check to measure Melar Acquisition'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 Melar Acquisition is operating at the current time. Most of Melar Acquisition's value examination focuses on studying past and present price action to predict the probability of Melar Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melar Acquisition's price. Additionally, you may evaluate how the addition of Melar Acquisition to your portfolios can decrease your overall portfolio volatility.