Meyer Burger (Switzerland) Price on May 22, 2023
MBTN Stock | CHF 0.38 0.05 15.15% |
If you're considering investing in Meyer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meyer Burger stands at 0.38, as last reported on the 23rd of November, with the highest price reaching 0.40 and the lowest price hitting 0.33 during the day. Meyer Burger Tech has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16% return per unit of risk over the last 3 months. Meyer Burger exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meyer Burger's Risk Adjusted Performance of (0.15), mean deviation of 7.06, and Standard Deviation of 12.33 to check out the risk estimate we provide.
Meyer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Meyer |
Sharpe Ratio = -0.1631
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Estimated Market Risk
11.13 actual daily | 96 96% of assets are less volatile |
Expected Return
-1.82 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meyer Burger 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 Meyer Burger by adding Meyer Burger to a well-diversified portfolio.
Meyer Burger Valuation on May 22, 2023
It is possible to determine the worth of Meyer Burger on a given historical date. On May 22, 2023 Meyer was worth 159.33 at the beginning of the trading date compared to the closed value of 162.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meyer Burger stock. Still, in general, we apply an absolute valuation method to find Meyer Burger'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 Meyer Burger where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meyer Burger's related companies.
Open | High | Low | Close | Volume | |
161.55 | 163.27 | 159.07 | 159.75 | 43,608 | |
05/22/2023 | 159.33 | 162.71 | 156.56 | 162.71 | 30,100 |
163.59 | 163.59 | 160.06 | 161.86 | 21,858 |
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Meyer Burger Trading Date Momentum on May 22, 2023
On May 23 2023 Meyer Burger Tech was traded for 161.86 at the closing time. The highest price during the trading period was 163.59 and the lowest recorded bid was listed for 160.06 . The volume for the day was 21.9 K. This history from May 23, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.52% . The trading delta at closing time to the current price is 0.61% . |
Meyer Burger Tech Fundamentals Correlations and Trends
By evaluating Meyer Burger'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 Meyer Burger's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meyer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meyer Burger Stock history
Meyer Burger 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 Meyer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meyer Burger Tech 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 Meyer Burger stock prices may prove useful in developing a viable investing in Meyer Burger
Meyer Burger Technology AG, a technology company, provides systems and processes based on semiconductor technologies. Meyer Burger Technology AG was founded in 1953 and is headquartered in Thun, Switzerland. MEYER BURGER operates under Semiconductor Equipment Materials classification in Switzerland and is traded on Switzerland Exchange. It employs 1191 people.
Meyer Burger Stock Technical Analysis
Meyer Burger 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
Meyer Burger Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Meyer Burger Tech cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Meyer Burger November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Meyer Burger stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meyer Burger shares will generate the highest return on investment. By undertsting and applying Meyer Burger stock market strength indicators, traders can identify Meyer Burger Tech entry and exit signals to maximize returns
Meyer Burger Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meyer Burger's price direction in advance. Along with the technical and fundamental analysis of Meyer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meyer 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 | (0.15) | |||
Jensen Alpha | (2.49) | |||
Total Risk Alpha | (4.45) | |||
Treynor Ratio | 15.39 |
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Additional Tools for Meyer Stock Analysis
When running Meyer Burger's price analysis, check to measure Meyer Burger'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 Meyer Burger is operating at the current time. Most of Meyer Burger's value examination focuses on studying past and present price action to predict the probability of Meyer Burger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meyer Burger's price. Additionally, you may evaluate how the addition of Meyer Burger to your portfolios can decrease your overall portfolio volatility.