Mercedes Benz Group Ag Stock Price on April 29, 2024

MBGYY Stock  USD 13.76  0.12  0.88%   
If you're considering investing in Mercedes Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mercedes Benz stands at 13.76, as last reported on the 26th of November, with the highest price reaching 13.85 and the lowest price hitting 13.73 during the day. Mercedes Benz Group has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Mercedes Benz exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mercedes Benz's Risk Adjusted Performance of (0.13), standard deviation of 1.86, and Mean Deviation of 1.33 to check out the risk estimate we provide.
  
Mercedes Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1783

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Estimated Market Risk

 1.89
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.34
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mercedes Benz 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 Mercedes Benz by adding Mercedes Benz to a well-diversified portfolio.

Mercedes Benz Valuation on April 29, 2024

It is possible to determine the worth of Mercedes Benz on a given historical date. On April 29, 2024 Mercedes was worth 20.02 at the beginning of the trading date compared to the closed value of 20.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mercedes Benz pink sheet. Still, in general, we apply an absolute valuation method to find Mercedes Benz'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 Mercedes Benz where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mercedes Benz's related companies.
 Open High Low Close Volume
  19.86    19.97    19.74    19.84    95,700  
04/29/2024
  20.02    20.05    19.90    20.00    99,900  
  19.04    19.14    18.77    18.87    246,500  
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Open Value
20.02
20.0
Closing Value
25.68
Upside

Mercedes Benz Trading Date Momentum on April 29, 2024

On April 30 2024 Mercedes Benz Group AG was traded for  18.87  at the closing time. The highest daily price throughout the period was 19.14  and the lowest price was  18.77 . The daily volume was 246.5 K. The net trading volume on 04/30/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 5.65% . The trading delta at closing time to current closing price is 8.70% .

Mercedes Benz Group Fundamentals Correlations and Trends

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

About Mercedes Benz Pink Sheet history

Mercedes Benz 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 Mercedes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mercedes Benz Group 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 Mercedes Benz stock prices may prove useful in developing a viable investing in Mercedes Benz
Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. Mercedes-Benz Group AG was founded in 1886 and is headquartered in Stuttgart, Germany. Mercedes Benz is traded on OTC Exchange in the United States.

Mercedes Benz Pink Sheet Technical Analysis

Mercedes Benz technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Mercedes Benz technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mercedes Benz 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

Mercedes Benz Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mercedes Benz Group AG cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Mercedes Benz November 26, 2024 Market Strength

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

Mercedes Benz Technical and Predictive Indicators

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

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