Mgo Global Common Stock Price on June 26, 2024

MGOL Stock   2.34  0.03  1.27%   
If you're considering investing in MGO Stock, it is important to understand the factors that can impact its price. As of today, the current price of MGO Global stands at 2.34, as last reported on the 30th of November, with the highest price reaching 2.40 and the lowest price hitting 2.30 during the day. MGO Global Common has Sharpe Ratio of -0.0206, which conveys that the firm had a -0.0206% return per unit of volatility over the last 3 months. MGO Global exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MGO Global's risk adjusted performance of (0.06), and Mean Deviation of 4.0 to check out the risk estimate we provide.
  
At this time, MGO Global's Stock Based Compensation To Revenue is quite stable compared to the past year. . At this time, MGO Global's Price To Sales Ratio is quite stable compared to the past year. Price Book Value Ratio is expected to rise to 4.22 this year, although the value of Price Earnings To Growth Ratio is projected to rise to (0.01). MGO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0206

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Estimated Market Risk

 5.22
  actual daily
46
54% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average MGO Global 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 MGO Global by adding MGO Global to a well-diversified portfolio.
Price Book
2.3012
Enterprise Value Ebitda
(7.23)
Price Sales
1.2104
Shares Float
1.4 M
Earnings Share
(5.56)

MGO Global Valuation on June 26, 2024

It is possible to determine the worth of MGO Global on a given historical date. On June 26, 2024 MGO was worth 5.52 at the beginning of the trading date compared to the closed value of 5.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MGO Global stock. Still, in general, we apply an absolute valuation method to find MGO Global'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 MGO Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MGO Global's related companies.
 Open High Low Close Volume
  6.55    6.65    6.12    6.15    108,600  
06/26/2024
  5.52    5.84    5.20    5.50    85,303  
  5.50    6.38    5.35    5.84    81,479  
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Open Value
5.52
5.5
Closing Value
21.17
Upside

MGO Global Trading Date Momentum on June 26, 2024

On June 27 2024 MGO Global Common was traded for  5.84  at the closing time. The top price for the day was 6.38  and the lowest listed price was  5.35 . The trading volume for the day was 81.5 K. The trading history from June 27, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 6.18% . The trading delta at closing time against the current closing price is 5.09% .

MGO Global Common Fundamentals Correlations and Trends

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

About MGO Global Stock history

MGO Global 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 MGO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MGO Global Common 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 MGO Global stock prices may prove useful in developing a viable investing in MGO Global
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.4 M1.2 M
Net Loss-1 M-1.1 M

MGO Global Stock Technical Analysis

MGO Global 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 MGO Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MGO Global 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

MGO Global Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MGO Global Common 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.

MGO Global November 30, 2024 Market Strength

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

MGO Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MGO Global's price direction in advance. Along with the technical and fundamental analysis of MGO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MGO 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.
When determining whether MGO Global Common is a strong investment it is important to analyze MGO Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGO Global's future performance. For an informed investment choice regarding MGO Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGO Global Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGO Global. If investors know MGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGO Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.56)
Revenue Per Share
3.655
Quarterly Revenue Growth
(0.17)
Return On Assets
(1.55)
Return On Equity
(3.12)
The market value of MGO Global Common is measured differently than its book value, which is the value of MGO that is recorded on the company's balance sheet. Investors also form their own opinion of MGO Global's value that differs from its market value or its book value, called intrinsic value, which is MGO Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGO Global's market value can be influenced by many factors that don't directly affect MGO Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGO Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGO Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGO Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.