Mangels Industrial (Brazil) Price on November 25, 2024
| MGEL4 Preferred Stock | BRL 6.55 0.04 0.61% |
If you're considering investing in Mangels Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mangels Industrial stands at 6.55, as last reported on the 30th of November, with the highest price reaching 6.55 and the lowest price hitting 6.01 during the day. Mangels Industrial has Sharpe Ratio of -0.25, which conveys that the firm had a -0.25% return per unit of risk over the last 3 months. Mangels Industrial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mangels Industrial's Risk Adjusted Performance of (0.19), mean deviation of 1.89, and Standard Deviation of 3.05 to check out the risk estimate we provide.
Mangels Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mangels |
Sharpe Ratio = -0.2501
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Estimated Market Risk
| 3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.77 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mangels Industrial 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 Mangels Industrial by adding Mangels Industrial to a well-diversified portfolio.
Mangels Industrial Valuation on November 25, 2024
It is possible to determine the worth of Mangels Industrial on a given historical date. On November 25, 2024 Mangels was worth 7.1 at the beginning of the trading date compared to the closed value of 7.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mangels Industrial preferred stock. Still, in general, we apply an absolute valuation method to find Mangels Industrial'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 Mangels Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mangels Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 7.15 | 7.15 | 7.05 | 7.10 | 8,400 | |
11/25/2024 | 7.10 | 7.10 | 7.00 | 7.10 | 1,700 |
| 7.10 | 7.10 | 7.10 | 7.10 | 1,300 |
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Mangels Industrial Trading Date Momentum on November 25, 2024
| On November 26 2024 Mangels Industrial SA was traded for 7.10 at the closing time. The highest price during the trading period was 7.10 and the lowest recorded bid was listed for 7.10 . The volume for the day was 1.3 K. This history from November 26, 2024 did not cause price change. The trading delta at closing time to the current price is 14.08% . |
Mangels Industrial Fundamentals Correlations and Trends
By evaluating Mangels Industrial'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 Mangels Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mangels financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mangels Industrial Preferred Stock history
Mangels Industrial 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 Mangels is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mangels Industrial 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 Mangels Industrial stock prices may prove useful in developing a viable investing in Mangels Industrial
Mangels Industrial S.A. primarily produces and sells aluminum wheels for the automotive industry in Brazil and internationally. Mangels Industrial S.A. was founded in 1928 and is headquartered in Campos Gerais, Brazil. MANGELS INDLPN operates under Steel classification in Brazil and is traded on Sao Paolo Stock Exchange.
Mangels Industrial Preferred Stock Technical Analysis
Mangels Industrial technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Mangels Industrial Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Mangels Industrial SA cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Mangels Industrial November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Mangels Industrial preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mangels Industrial shares will generate the highest return on investment. By undertsting and applying Mangels Industrial preferred stock market strength indicators, traders can identify Mangels Industrial SA entry and exit signals to maximize returns
Mangels Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mangels Industrial's price direction in advance. Along with the technical and fundamental analysis of Mangels Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mangels 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 | (0.19) | |||
| Jensen Alpha | (0.88) | |||
| Total Risk Alpha | (1.32) | |||
| Treynor Ratio | (1.54) |
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Additional Tools for Mangels Preferred Stock Analysis
When running Mangels Industrial's price analysis, check to measure Mangels Industrial'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 Mangels Industrial is operating at the current time. Most of Mangels Industrial's value examination focuses on studying past and present price action to predict the probability of Mangels Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mangels Industrial's price. Additionally, you may evaluate how the addition of Mangels Industrial to your portfolios can decrease your overall portfolio volatility.