MINISO GROUP (Germany) Price on November 21, 2024
| MIF0 Stock | 4.40 0.14 3.29% |
If you're considering investing in MINISO Stock, it is important to understand the factors that can impact its price. As of today, the current price of MINISO GROUP stands at 4.40, as last reported on the 30th of November, with the highest price reaching 4.58 and the lowest price hitting 4.40 during the day. MINISO GROUP appears to be very risky, given 3 months investment horizon. MINISO GROUP A has Sharpe Ratio of 0.0713, which conveys that the firm had a 0.0713% return per unit of volatility over the last 3 months. We have found thirty technical indicators for MINISO GROUP, which you can use to evaluate the volatility of the firm. Please exercise MINISO GROUP's risk adjusted performance of 0.0676, and Mean Deviation of 3.99 to check out if our risk estimates are consistent with your expectations.
MINISO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MINISO |
Sharpe Ratio = 0.0713
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Estimated Market Risk
| 5.6 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average MINISO GROUP is performing at about 5% 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 MINISO GROUP by adding it to a well-diversified portfolio.
MINISO GROUP Valuation on November 21, 2024
It is possible to determine the worth of MINISO GROUP on a given historical date. On November 21, 2024 MINISO was worth 4.0 at the beginning of the trading date compared to the closed value of 4.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MINISO GROUP stock. Still, in general, we apply an absolute valuation method to find MINISO 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 MINISO GROUP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MINISO GROUP's related companies.
| Open | High | Low | Close | Volume | |
| 4.06 | 4.06 | 4.06 | 4.06 | 1.00 | |
11/21/2024 | 4.00 | 4.02 | 4.00 | 4.02 | 1.00 |
| 3.84 | 3.84 | 3.84 | 3.84 | 1.00 |
| Backtest MINISO GROUP | | | MINISO GROUP History | Previous | Next |
MINISO GROUP Trading Date Momentum on November 21, 2024
| On November 22 2024 MINISO GROUP A was traded for 3.84 at the closing time. The maximum traded price for the trading interval was 3.84 and the lowest daily price was 3.84 . There was no trading activity during the period 1.0. Lack of trading volume on 22nd of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 4.48% . The trading delta at closing time to the closing price today is 13.93% . |
Price Boundaries
MINISO GROUP Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
MINISO GROUP A 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.
MINISO GROUP November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how MINISO 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 MINISO GROUP shares will generate the highest return on investment. By undertsting and applying MINISO GROUP stock market strength indicators, traders can identify MINISO GROUP A entry and exit signals to maximize returns
MINISO GROUP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MINISO GROUP's price direction in advance. Along with the technical and fundamental analysis of MINISO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MINISO 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 | 0.0676 | |||
| Jensen Alpha | 0.3571 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.051 | |||
| Treynor Ratio | 0.8263 |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for MINISO Stock analysis
When running MINISO GROUP's price analysis, check to measure MINISO 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 MINISO GROUP is operating at the current time. Most of MINISO GROUP's value examination focuses on studying past and present price action to predict the probability of MINISO 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 MINISO GROUP's price. Additionally, you may evaluate how the addition of MINISO GROUP to your portfolios can decrease your overall portfolio volatility.
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