Mgm China Holdings Stock Price on November 26, 2024
| MCHVY Stock | USD 15.46 0.73 4.96% |
If you're considering investing in MGM Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of MGM China stands at 15.46, as last reported on the 30th of November, with the highest price reaching 15.46 and the lowest price hitting 15.46 during the day. At this stage we consider MGM Pink Sheet to be somewhat reliable. MGM China Holdings has Sharpe Ratio of 0.014, which conveys that the firm had a 0.014% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for MGM China, which you can use to evaluate the volatility of the firm. Please verify MGM China's mean deviation of 1.84, and Risk Adjusted Performance of 0.0333 to check out if the risk estimate we provide is consistent with the expected return of 0.0495%.
MGM Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
MGM |
Sharpe Ratio = 0.014
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| Negative Returns | MCHVY |
Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average MGM China is performing at about 1% 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 MGM China by adding it to a well-diversified portfolio.
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MGM China Valuation on November 26, 2024
It is possible to determine the worth of MGM China on a given historical date. On November 26, 2024 MGM was worth 14.44 at the beginning of the trading date compared to the closed value of 14.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MGM China pink sheet. Still, in general, we apply an absolute valuation method to find MGM China'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 MGM China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MGM China's related companies.
| Open | High | Low | Close | Volume | |
| 14.40 | 14.40 | 14.40 | 14.40 | 502.00 | |
11/26/2024 | 14.44 | 14.44 | 14.44 | 14.44 | 100.00 |
| 14.73 | 14.73 | 14.73 | 14.73 | 100.00 |
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MGM China Trading Date Momentum on November 26, 2024
| On November 27 2024 MGM China Holdings was traded for 14.73 at the closing time. The highest daily price throughout the period was 14.73 and the lowest price was 14.73 . The daily volume was 100.0. The net trading volume on 11/27/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 2.01% . The trading delta at closing time to current closing price is 7.06% . |
MGM China Holdings Fundamentals Correlations and Trends
By evaluating MGM China'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 MGM China's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MGM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MGM China Pink Sheet history
MGM China 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 MGM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MGM China Holdings 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 MGM China stock prices may prove useful in developing a viable investing in MGM China
MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. MGM China Holdings Limited is a subsidiary of MGM Resorts International Holdings, Ltd. MGM China is traded on OTC Exchange in the United States.
MGM China Pink Sheet Technical Analysis
MGM China 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.
Price Boundaries
MGM China Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
MGM China Holdings 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.
MGM China November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how MGM China 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 MGM China shares will generate the highest return on investment. By undertsting and applying MGM China pink sheet market strength indicators, traders can identify MGM China Holdings entry and exit signals to maximize returns
MGM China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MGM China's price direction in advance. Along with the technical and fundamental analysis of MGM Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of MGM 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 | 0.0333 | |||
| Jensen Alpha | 0.1429 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.40) |
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| Volume Indicators |
Additional Tools for MGM Pink Sheet Analysis
When running MGM China's price analysis, check to measure MGM China'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 MGM China is operating at the current time. Most of MGM China's value examination focuses on studying past and present price action to predict the probability of MGM China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM China's price. Additionally, you may evaluate how the addition of MGM China to your portfolios can decrease your overall portfolio volatility.