Mitsubishi Electric (Germany) Price on September 25, 2023
| MIE1 Stock | EUR 16.11 0.39 2.36% |
If you're considering investing in Mitsubishi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mitsubishi Electric stands at 16.11, as last reported on the 11th of December 2024, with the highest price reaching 16.11 and the lowest price hitting 16.11 during the day. At this point, Mitsubishi Electric is not too volatile. Mitsubishi Electric has Sharpe Ratio of 0.0849, which conveys that the firm had a 0.0849% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mitsubishi Electric, which you can use to evaluate the volatility of the firm. Please verify Mitsubishi Electric's Risk Adjusted Performance of 0.0727, mean deviation of 1.61, and Downside Deviation of 2.15 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
Mitsubishi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mitsubishi |
Sharpe Ratio = 0.0849
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Estimated Market Risk
| 2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Mitsubishi Electric is performing at about 6% 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 Mitsubishi Electric by adding it to a well-diversified portfolio.
Mitsubishi Electric Valuation on September 25, 2023
It is possible to determine the worth of Mitsubishi Electric on a given historical date. On September 25, 2023 Mitsubishi was worth 11.62 at the beginning of the trading date compared to the closed value of 11.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitsubishi Electric stock. Still, in general, we apply an absolute valuation method to find Mitsubishi Electric'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 Mitsubishi Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitsubishi Electric's related companies.
| Open | High | Low | Close | Volume | |
| 11.64 | 11.64 | 11.64 | 11.64 | 1.00 | |
09/25/2023 | 11.62 | 11.62 | 11.62 | 11.62 | 1.00 |
| 11.70 | 11.70 | 11.70 | 11.70 | 1.00 |
| Backtest Mitsubishi Electric | | | Mitsubishi Electric History | | | Mitsubishi Electric Valuation | Previous | Next |
Mitsubishi Electric Trading Date Momentum on September 25, 2023
| On September 26 2023 Mitsubishi Electric was traded for 11.70 at the closing time. The maximum traded price for the trading interval was 11.70 and the lowest daily price was 11.70 . There was no trading activity during the period 1.0. Lack of trading volume on 26th of September 2023 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 0.69% . The trading delta at closing time to the closing price today is 3.96% . |
Mitsubishi Electric Fundamentals Correlations and Trends
By evaluating Mitsubishi Electric'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 Mitsubishi Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mitsubishi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mitsubishi Electric Stock history
Mitsubishi Electric 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 Mitsubishi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mitsubishi Electric 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 Mitsubishi Electric stock prices may prove useful in developing a viable investing in Mitsubishi Electric
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. Mitsubishi Electric Corporation was founded in 1921 and is headquartered in Tokyo, Japan. Mitsubishi Electric operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 145817 people.
Mitsubishi Electric Stock Technical Analysis
Mitsubishi Electric 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.
Price Boundaries
Mitsubishi Electric Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Mitsubishi Electric cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Mitsubishi Electric December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Mitsubishi Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mitsubishi Electric shares will generate the highest return on investment. By undertsting and applying Mitsubishi Electric stock market strength indicators, traders can identify Mitsubishi Electric entry and exit signals to maximize returns
Mitsubishi Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mitsubishi Electric's price direction in advance. Along with the technical and fundamental analysis of Mitsubishi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mitsubishi 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 | 0.0727 | |||
| Jensen Alpha | 0.2125 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0377 | |||
| Treynor Ratio | (1.30) |
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| Volume Indicators |
Complementary Tools for Mitsubishi Stock analysis
When running Mitsubishi Electric's price analysis, check to measure Mitsubishi Electric'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 Mitsubishi Electric is operating at the current time. Most of Mitsubishi Electric's value examination focuses on studying past and present price action to predict the probability of Mitsubishi Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi Electric's price. Additionally, you may evaluate how the addition of Mitsubishi Electric to your portfolios can decrease your overall portfolio volatility.
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