MAENDELEO BANK (Tanzania) Price on September 12, 2024
| MBP Stock | 340.00 0.00 0.00% |
If you're considering investing in MAENDELEO Stock, it is important to understand the factors that can impact its price. As of today, the current price of MAENDELEO BANK stands at 340.00, as last reported on the 30th of November, with the highest price reaching 340.00 and the lowest price hitting 340.00 during the day. At this point, MAENDELEO BANK is very steady. MAENDELEO BANK PLC has Sharpe Ratio of 0.11, which conveys that the company had a 0.11% return per unit of risk over the last 3 months. We have found seventeen technical indicators for MAENDELEO BANK, which you can use to evaluate the volatility of the entity. Please verify MAENDELEO BANK's Mean Deviation of 0.3755, standard deviation of 1.46, and Coefficient Of Variation of 4430.5 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
MAENDELEO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MAENDELEO |
Sharpe Ratio = 0.1138
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Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average MAENDELEO BANK is performing at about 8% 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 MAENDELEO BANK by adding it to a well-diversified portfolio.
MAENDELEO BANK Valuation on September 12, 2024
It is possible to determine the worth of MAENDELEO BANK on a given historical date. On September 12, 2024 MAENDELEO was worth 340.0 at the beginning of the trading date compared to the closed value of 340.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MAENDELEO BANK stock. Still, in general, we apply an absolute valuation method to find MAENDELEO BANK'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 MAENDELEO BANK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MAENDELEO BANK's related companies.
| Open | High | Low | Close | Volume | |
| 340.00 | 350.00 | 320.00 | 340.00 | 280.00 | |
09/12/2024 | 340.00 | 350.00 | 340.00 | 340.00 | 30.00 |
| 340.00 | 350.00 | 340.00 | 340.00 | 400.00 |
| Backtest MAENDELEO BANK | | | MAENDELEO BANK History | Previous | Next |
MAENDELEO BANK Trading Date Momentum on September 12, 2024
| On September 13 2024 MAENDELEO BANK PLC was traded for 340.00 at the closing time. The highest price during the trading period was 350.00 and the lowest recorded bid was listed for 340.00 . The volume for the day was 400. This history from September 13, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Price Boundaries
MAENDELEO BANK Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
MAENDELEO BANK PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Dar es Salaam Stock 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.
MAENDELEO BANK November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how MAENDELEO BANK stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MAENDELEO BANK shares will generate the highest return on investment. By undertsting and applying MAENDELEO BANK stock market strength indicators, traders can identify MAENDELEO BANK PLC entry and exit signals to maximize returns
MAENDELEO BANK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MAENDELEO BANK's price direction in advance. Along with the technical and fundamental analysis of MAENDELEO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MAENDELEO 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 | 0.022 | |||
| Jensen Alpha | 0.0386 | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.19) |
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Complementary Tools for MAENDELEO Stock analysis
When running MAENDELEO BANK's price analysis, check to measure MAENDELEO BANK'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 MAENDELEO BANK is operating at the current time. Most of MAENDELEO BANK's value examination focuses on studying past and present price action to predict the probability of MAENDELEO BANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAENDELEO BANK's price. Additionally, you may evaluate how the addition of MAENDELEO BANK to your portfolios can decrease your overall portfolio volatility.
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