Meiji Holdings Co Stock Price on October 4, 2023
MEJHY Stock | USD 10.42 0.27 2.53% |
If you're considering investing in Meiji Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Meiji Holdings stands at 10.42, as last reported on the 4th of December, with the highest price reaching 10.42 and the lowest price hitting 10.42 during the day. Meiji Holdings has Sharpe Ratio of -0.0319, which conveys that the firm had a -0.0319% return per unit of risk over the last 3 months. Meiji Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meiji Holdings' Mean Deviation of 3.14, risk adjusted performance of (0.03), and Standard Deviation of 4.33 to check out the risk estimate we provide.
Meiji Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Meiji |
Sharpe Ratio = -0.0319
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Estimated Market Risk
4.36 actual daily | 38 62% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meiji Holdings 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 Meiji Holdings by adding Meiji Holdings to a well-diversified portfolio.
Meiji Holdings Valuation on October 4, 2023
It is possible to determine the worth of Meiji Holdings on a given historical date. On October 4, 2023 Meiji was worth 12.32 at the beginning of the trading date compared to the closed value of 12.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meiji Holdings pink sheet. Still, in general, we apply an absolute valuation method to find Meiji Holdings' 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 Meiji Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meiji Holdings' related companies.
Open | High | Low | Close | Volume | |
12.35 | 12.40 | 12.35 | 12.40 | 1,100 | |
10/04/2023 | 12.32 | 12.32 | 12.32 | 12.32 | 100.00 |
12.56 | 12.56 | 12.56 | 12.56 | 200.00 |
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Meiji Holdings Trading Date Momentum on October 4, 2023
On October 05 2023 Meiji Holdings Co was traded for 12.56 at the closing time. The highest daily price throughout the period was 12.56 and the lowest price was 12.56 . The daily volume was 200. The net trading volume on 10/05/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.95% . The trading delta at closing time to current closing price is 0.16% . |
Meiji Holdings Fundamentals Correlations and Trends
By evaluating Meiji Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Meiji Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meiji financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meiji Holdings Pink Sheet history
Meiji Holdings 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 Meiji is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meiji 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 Meiji Holdings stock prices may prove useful in developing a viable investing in Meiji Holdings
Meiji Holdings Co., Ltd., through its subsidiaries, manufactures and sells dairy products, confectioneries, nutritional products, and pharmaceuticals in Japan and internationally. Meiji Holdings Co., Ltd. was founded in 1916 and is headquartered in Tokyo, Japan. Meiji Holdings operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 17336 people.
Meiji Holdings Pink Sheet Technical Analysis
Meiji Holdings 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
Meiji Holdings Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Meiji Holdings Co 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.
Meiji Holdings December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Meiji Holdings 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 Meiji Holdings shares will generate the highest return on investment. By undertsting and applying Meiji Holdings pink sheet market strength indicators, traders can identify Meiji Holdings Co entry and exit signals to maximize returns
Meiji Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meiji Holdings' price direction in advance. Along with the technical and fundamental analysis of Meiji Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meiji 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 | (0.03) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.82) | |||
Treynor Ratio | (0.36) |
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Volume Indicators |
Additional Tools for Meiji Pink Sheet Analysis
When running Meiji Holdings' price analysis, check to measure Meiji Holdings' 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 Meiji Holdings is operating at the current time. Most of Meiji Holdings' value examination focuses on studying past and present price action to predict the probability of Meiji Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiji Holdings' price. Additionally, you may evaluate how the addition of Meiji Holdings to your portfolios can decrease your overall portfolio volatility.