Mikron Holding (Switzerland) Price on March 9, 2024
MIKN Stock | CHF 14.40 0.25 1.77% |
If you're considering investing in Mikron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mikron Holding stands at 14.40, as last reported on the 23rd of November, with the highest price reaching 14.40 and the lowest price hitting 14.00 during the day. Mikron Holding AG has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Mikron Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mikron Holding's Risk Adjusted Performance of (0.12), mean deviation of 1.48, and Standard Deviation of 2.01 to check out the risk estimate we provide.
Mikron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mikron |
Sharpe Ratio = -0.177
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Estimated Market Risk
1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mikron Holding 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 Mikron Holding by adding Mikron Holding to a well-diversified portfolio.
Mikron Holding Valuation on March 9, 2024
It is possible to determine the worth of Mikron Holding on a given historical date. On March 9, 2024 Mikron was worth 16.67 at the beginning of the trading date compared to the closed value of 17.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mikron Holding stock. Still, in general, we apply an absolute valuation method to find Mikron Holding'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 Mikron Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mikron Holding's related companies.
Open | High | Low | Close | Volume | |
16.47 | 16.67 | 16.47 | 16.67 | 7,795 | |
03/08/2024 | 16.67 | 17.26 | 16.47 | 17.16 | 26,814 |
17.26 | 18.40 | 17.26 | 17.76 | 52,806 |
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Mikron Holding Trading Date Momentum on March 9, 2024
On March 11 2024 Mikron Holding AG was traded for 17.76 at the closing time. The highest price during the trading period was 18.40 and the lowest recorded bid was listed for 17.26 . The volume for the day was 52.8 K. This history from March 11, 2024 contributed to the next trading day price increase. The trading delta at closing time to the next closing price was 3.50% . The trading delta at closing time to the current price is 5.48% . |
Mikron Holding AG Fundamentals Correlations and Trends
By evaluating Mikron Holding'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 Mikron Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mikron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mikron Holding Stock history
Mikron Holding 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 Mikron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mikron Holding AG 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 Mikron Holding stock prices may prove useful in developing a viable investing in Mikron Holding
Mikron Holding AG, together with its subsidiaries, develops, produces, and markets automation and machining systems for precise and productive manufacturing processes worldwide. Mikron Holding AG was founded in 1908 and is based in Biel, Switzerland. MIKRON N operates under Diversified Industrials classification in Switzerland and is traded on Switzerland Exchange. It employs 1465 people.
Mikron Holding Stock Technical Analysis
Mikron Holding 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
Mikron Holding Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Mikron Holding AG cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Mikron Holding November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Mikron Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mikron Holding shares will generate the highest return on investment. By undertsting and applying Mikron Holding stock market strength indicators, traders can identify Mikron Holding AG entry and exit signals to maximize returns
Mikron Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mikron Holding's price direction in advance. Along with the technical and fundamental analysis of Mikron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mikron 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 | (0.12) | |||
Jensen Alpha | (0.42) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | (0.53) |
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Additional Tools for Mikron Stock Analysis
When running Mikron Holding's price analysis, check to measure Mikron Holding'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 Mikron Holding is operating at the current time. Most of Mikron Holding's value examination focuses on studying past and present price action to predict the probability of Mikron Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mikron Holding's price. Additionally, you may evaluate how the addition of Mikron Holding to your portfolios can decrease your overall portfolio volatility.