Maha Energy (Sweden) Price on August 11, 2023
MAHA-A Stock | SEK 7.02 0.17 2.48% |
If you're considering investing in Maha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Maha Energy stands at 7.02, as last reported on the 1st of December, with the highest price reaching 7.05 and the lowest price hitting 6.77 during the day. Maha Energy AB has Sharpe Ratio of -0.0561, which conveys that the firm had a -0.0561% return per unit of risk over the last 3 months. Maha Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maha Energy's Standard Deviation of 2.59, mean deviation of 1.85, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
Maha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Maha |
Sharpe Ratio = -0.0561
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Estimated Market Risk
2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Maha Energy 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 Maha Energy by adding Maha Energy to a well-diversified portfolio.
Maha Energy Valuation on August 11, 2023
It is possible to determine the worth of Maha Energy on a given historical date. On August 11, 2023 Maha was worth 8.96 at the beginning of the trading date compared to the closed value of 8.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maha Energy stock. Still, in general, we apply an absolute valuation method to find Maha Energy'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 Maha Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maha Energy's related companies.
Open | High | Low | Close | Volume | |
8.89 | 9.15 | 8.84 | 8.96 | 284,377 | |
08/11/2023 | 8.96 | 9.14 | 8.57 | 8.94 | 672,196 |
8.95 | 9.55 | 8.76 | 9.55 | 953,150 |
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Maha Energy Trading Date Momentum on August 11, 2023
On August 14 2023 Maha Energy AB was traded for 9.55 at the closing time. The highest price during the trading period was 9.55 and the lowest recorded bid was listed for 8.76 . The volume for the day was 953.1 K. This history from August 14, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 6.82% . The trading delta at closing time to the current price is 2.68% . |
Maha Energy AB Fundamentals Correlations and Trends
By evaluating Maha Energy'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 Maha Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Maha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Maha Energy Stock history
Maha Energy 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 Maha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maha Energy AB 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 Maha Energy stock prices may prove useful in developing a viable investing in Maha Energy
Maha Energy AB , an independent and international oil and gas company, engages in the exploration, development, and production of crude oil and natural gas in the United States, Canada, Brazil, and Sweden. The company was founded in 2013 and is headquartered in Stockholm, Sweden. Maha Energy operates under Oil Gas EP classification in Sweden and is traded on Stockholm Stock Exchange. It employs 46 people.
Maha Energy Stock Technical Analysis
Maha Energy 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
Maha Energy Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Maha Energy AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Maha Energy December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Maha Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maha Energy shares will generate the highest return on investment. By undertsting and applying Maha Energy stock market strength indicators, traders can identify Maha Energy AB entry and exit signals to maximize returns
Maha Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maha Energy's price direction in advance. Along with the technical and fundamental analysis of Maha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maha 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 | (0.04) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | 0.2685 |
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Complementary Tools for Maha Stock analysis
When running Maha Energy's price analysis, check to measure Maha Energy'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 Maha Energy is operating at the current time. Most of Maha Energy's value examination focuses on studying past and present price action to predict the probability of Maha Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maha Energy's price. Additionally, you may evaluate how the addition of Maha Energy to your portfolios can decrease your overall portfolio volatility.
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