Mgp Ingredients Stock Price on October 17, 2024

MGPI Stock  USD 45.99  1.57  3.53%   
If you're considering investing in MGP Stock, it is important to understand the factors that can impact its price. As of today, the current price of MGP Ingredients stands at 45.99, as last reported on the 29th of November, with the highest price reaching 46.29 and the lowest price hitting 44.57 during the day. MGP Ingredients has Sharpe Ratio of -0.23, which conveys that the firm had a -0.23% return per unit of volatility over the last 3 months. MGP Ingredients exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MGP Ingredients' mean deviation of 2.32, and Risk Adjusted Performance of (0.17) to check out the risk estimate we provide.
  
MGP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2287

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMGPI

Estimated Market Risk

 4.09
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.94
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.23
  actual daily
0
Most of other assets perform better
Based on monthly moving average MGP Ingredients 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 MGP Ingredients by adding MGP Ingredients to a well-diversified portfolio.

MGP Ingredients Valuation on October 17, 2024

It is possible to determine the worth of MGP Ingredients on a given historical date. On October 17, 2024 MGP was worth 80.05 at the beginning of the trading date compared to the closed value of 81.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MGP Ingredients stock. Still, in general, we apply an absolute valuation method to find MGP Ingredients' 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 MGP Ingredients where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MGP Ingredients' related companies.
 Open High Low Close Volume
  80.74    80.99    79.68    80.24    89,867  
10/17/2024
  80.05    81.48    79.45    81.38    163,209  
  66.93    68.12    58.96    61.71    3,398,021  
Backtest MGP Ingredients  |  MGP Ingredients History  |  MGP Ingredients Valuation   PreviousNext  
Open Value
80.05
81.38
Closing Value
92.33
Upside

MGP Ingredients Trading Date Momentum on October 17, 2024

On October 18 2024 MGP Ingredients was traded for  61.71  at the closing time. The top price for the day was 68.12  and the lowest listed price was  58.96 . The trading volume for the day was 3.4 M. The trading history from October 18, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 24.17% . The trading delta at closing time against the current closing price is 29.04% .

MGP Ingredients Fundamentals Correlations and Trends

By evaluating MGP Ingredients' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MGP Ingredients' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MGP financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MGP Ingredients Stock history

MGP Ingredients 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 MGP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MGP Ingredients 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 MGP Ingredients stock prices may prove useful in developing a viable investing in MGP Ingredients
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas. MGP Ingredients operates under BeveragesWineries Distilleries classification in the United States and is traded on NASDAQ Exchange. It employs 672 people.

MGP Ingredients Stock Technical Analysis

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

MGP Ingredients Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MGP Ingredients 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.

MGP Ingredients November 29, 2024 Market Strength

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

MGP Ingredients Technical and Predictive Indicators

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

When running MGP Ingredients' price analysis, check to measure MGP Ingredients' 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 MGP Ingredients is operating at the current time. Most of MGP Ingredients' value examination focuses on studying past and present price action to predict the probability of MGP Ingredients' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGP Ingredients' price. Additionally, you may evaluate how the addition of MGP Ingredients to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Global Correlations
Find global opportunities by holding instruments from different markets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Money Managers
Screen money managers from public funds and ETFs managed around the world