Millennium Group International Stock Price on November 22, 2024

MGIH Stock   1.60  0.05  3.23%   
If you're considering investing in Millennium Stock, it is important to understand the factors that can impact its price. As of today, the current price of Millennium Group stands at 1.60, as last reported on the 26th of November, with the highest price reaching 1.60 and the lowest price hitting 1.57 during the day. Millennium Group is very risky at the moment. Millennium Group Int has Sharpe Ratio of 0.0129, which conveys that the firm had a 0.0129% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Millennium Group, which you can use to evaluate the volatility of the firm. Please verify Millennium Group's Standard Deviation of 3.85, risk adjusted performance of 0.0055, and Mean Deviation of 2.77 to check out if the risk estimate we provide is consistent with the expected return of 0.0419%.
  
As of now, Millennium Group's Total Stockholder Equity is increasing as compared to previous years. The Millennium Group's current Liabilities And Stockholders Equity is estimated to increase to about 50.4 M, while Common Stock Shares Outstanding is projected to decrease to under 11 M. . As of now, Millennium Group's Price To Sales Ratio is decreasing as compared to previous years. The Millennium Group's current Price Sales Ratio is estimated to increase to 0.73, while Price Earnings Ratio is projected to decrease to (2.07). Millennium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0129

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Estimated Market Risk

 3.25
  actual daily
28
72% of assets are more volatile

Expected Return

 0.04
  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 Millennium Group 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 Millennium Group by adding it to a well-diversified portfolio.
Price Book
0.5617
Enterprise Value Ebitda
0.5618
Price Sales
0.4526
Shares Float
1.2 M
Earnings Share
(0.78)

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Millennium Group Valuation on November 22, 2024

It is possible to determine the worth of Millennium Group on a given historical date. On November 22, 2024 Millennium was worth 1.59 at the beginning of the trading date compared to the closed value of 1.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Millennium Group stock. Still, in general, we apply an absolute valuation method to find Millennium Group'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 Millennium Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Millennium Group's related companies.
 Open High Low Close Volume
  1.57    1.60    1.53    1.60    9,474  
11/22/2024
  1.59    1.59    1.55    1.55    3,924  
  1.57    1.60    1.57    1.60    5,351  
Backtest Millennium Group  |  Millennium Group History  |  Millennium Group Valuation   PreviousNext  
Open Value
1.59
1.55
Closing Value
11.33
Upside

Millennium Group Trading Date Momentum on November 22, 2024

On November 25 2024 Millennium Group International was traded for  1.60  at the closing time. The top price for the day was 1.60  and the lowest listed price was  1.57 . The trading volume for the day was 5.4 K. The trading history from November 25, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 3.23% . The trading delta at closing time against the current closing price is 1.29% .

Millennium Group Int Fundamentals Correlations and Trends

By evaluating Millennium Group'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 Millennium Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Millennium financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Millennium Group Stock history

Millennium Group 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 Millennium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Millennium Group Int 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 Millennium Group stock prices may prove useful in developing a viable investing in Millennium Group
Last ReportedProjected for Next Year
Common Stock Shares Outstanding11.2 M11 M
Net Income Applicable To Common Shares4.7 M4.3 M

Millennium Group Quarterly Net Working Capital

15.63 Million

Millennium Group Stock Technical Analysis

Millennium Group 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.
A focus of Millennium Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Millennium Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Millennium Group Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Millennium Group International cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Millennium Group November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Millennium Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Millennium Group shares will generate the highest return on investment. By undertsting and applying Millennium Group stock market strength indicators, traders can identify Millennium Group International entry and exit signals to maximize returns

Millennium Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Millennium Group's price direction in advance. Along with the technical and fundamental analysis of Millennium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Millennium 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.

Complementary Tools for Millennium Stock analysis

When running Millennium Group's price analysis, check to measure Millennium Group'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 Millennium Group is operating at the current time. Most of Millennium Group's value examination focuses on studying past and present price action to predict the probability of Millennium Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millennium Group's price. Additionally, you may evaluate how the addition of Millennium Group to your portfolios can decrease your overall portfolio volatility.
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