Meiko Electronics (Germany) Price on September 3, 2024
| MEC Stock | EUR 55.50 1.00 1.83% |
If you're considering investing in Meiko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meiko Electronics stands at 55.50, as last reported on the 30th of November, with the highest price reaching 55.50 and the lowest price hitting 55.50 during the day. Meiko Electronics appears to be very steady, given 3 months investment horizon. Meiko Electronics 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. By analyzing Meiko Electronics' technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please exercise Meiko Electronics' Mean Deviation of 2.65, downside deviation of 3.25, and Risk Adjusted Performance of 0.1539 to check out if our risk estimates are consistent with your expectations.
Meiko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Meiko |
Sharpe Ratio = 0.1637
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Estimated Market Risk
| 3.85 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Meiko Electronics is performing at about 12% 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 Meiko Electronics by adding it to a well-diversified portfolio.
Meiko Electronics Valuation on September 3, 2024
It is possible to determine the worth of Meiko Electronics on a given historical date. On September 3, 2024 Meiko was worth 38.6 at the beginning of the trading date compared to the closed value of 38.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meiko Electronics stock. Still, in general, we apply an absolute valuation method to find Meiko Electronics' 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 Meiko Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meiko Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 38.60 | 38.60 | 38.60 | 38.60 | 13.00 | |
09/03/2024 | 38.60 | 38.60 | 38.60 | 38.60 | 13.00 |
| 36.00 | 36.00 | 36.00 | 36.00 | 13.00 |
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Meiko Electronics Trading Date Momentum on September 3, 2024
| On September 04 2024 Meiko Electronics Co was traded for 36.00 at the closing time. The highest daily price throughout the period was 36.00 and the lowest price was 36.00 . The daily volume was 13.0. The net trading volume on 09/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 6.74% . The trading delta at closing time to current closing price is 5.70% . |
Meiko Electronics Fundamentals Correlations and Trends
By evaluating Meiko Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Meiko Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meiko financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meiko Electronics Stock history
Meiko Electronics 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 Meiko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meiko Electronics 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 Meiko Electronics stock prices may prove useful in developing a viable investing in Meiko Electronics
Meiko Electronics Co., Ltd. engages in the design, manufacture, and sale of printed circuit boards and auxiliary electronics in Japan, rest of Asia, North America, Europe, and internationally. Meiko Electronics Co., Ltd. was founded in 1975 and is headquartered in Ayase, Japan. MEIKO ELECTRONICS is traded on Frankfurt Stock Exchange in Germany.
Meiko Electronics Stock Technical Analysis
Meiko Electronics 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
Meiko Electronics Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Meiko Electronics Co cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Meiko Electronics November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Meiko Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meiko Electronics shares will generate the highest return on investment. By undertsting and applying Meiko Electronics stock market strength indicators, traders can identify Meiko Electronics Co entry and exit signals to maximize returns
Meiko Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meiko Electronics' price direction in advance. Along with the technical and fundamental analysis of Meiko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meiko 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 | 0.1539 | |||
| Jensen Alpha | 0.6141 | |||
| Total Risk Alpha | 0.0825 | |||
| Sortino Ratio | 0.1845 | |||
| Treynor Ratio | 0.8181 |
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| Volume Indicators |
Complementary Tools for Meiko Stock analysis
When running Meiko Electronics' price analysis, check to measure Meiko Electronics' 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 Meiko Electronics is operating at the current time. Most of Meiko Electronics' value examination focuses on studying past and present price action to predict the probability of Meiko Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiko Electronics' price. Additionally, you may evaluate how the addition of Meiko Electronics to your portfolios can decrease your overall portfolio volatility.
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