MIPS AB (Sweden) Price on March 6, 2023
MIPS Stock | SEK 476.40 2.20 0.46% |
If you're considering investing in MIPS Stock, it is important to understand the factors that can impact its price. As of today, the current price of MIPS AB stands at 476.40, as last reported on the 4th of December, with the highest price reaching 482.80 and the lowest price hitting 475.40 during the day. MIPS AB has Sharpe Ratio of -0.0916, which conveys that the firm had a -0.0916% return per unit of volatility over the last 3 months. MIPS AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MIPS AB's mean deviation of 1.93, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
MIPS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MIPS |
Sharpe Ratio = -0.0916
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Estimated Market Risk
2.56 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MIPS AB 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 MIPS AB by adding MIPS AB to a well-diversified portfolio.
MIPS AB Valuation on March 6, 2023
It is possible to determine the worth of MIPS AB on a given historical date. On March 6, 2023 MIPS was worth 484.09 at the beginning of the trading date compared to the closed value of 481.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MIPS AB stock. Still, in general, we apply an absolute valuation method to find MIPS AB'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 MIPS AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MIPS AB's related companies.
Open | High | Low | Close | Volume | |
461.10 | 484.39 | 459.54 | 484.39 | 77,886 | |
03/06/2023 | 484.09 | 492.57 | 477.08 | 481.76 | 37,426 |
477.37 | 484.97 | 470.65 | 470.65 | 36,945 |
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MIPS AB Trading Date Momentum on March 6, 2023
On March 07 2023 MIPS AB was traded for 470.65 at the closing time. The highest price during the trading period was 484.97 and the lowest recorded bid was listed for 470.65 . The volume for the day was 36.9 K. This history from March 7, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.31% . The trading delta at closing time to the current price is 3.48% . |
MIPS AB Fundamentals Correlations and Trends
By evaluating MIPS AB'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 MIPS AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MIPS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MIPS AB Stock history
MIPS AB 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 MIPS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MIPS AB 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 MIPS AB stock prices may prove useful in developing a viable investing in MIPS AB
MIPS AB manufactures and sells helmets in Sweden, North America, rest of Europe, Asia, and Australia. The company was founded in 2001 and is headquartered in Tby, Sweden. MIPS AB is traded on Stockholm Stock Exchange in Sweden.
MIPS AB Stock Technical Analysis
MIPS AB 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
MIPS AB Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
MIPS AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
MIPS AB December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how MIPS AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MIPS AB shares will generate the highest return on investment. By undertsting and applying MIPS AB stock market strength indicators, traders can identify MIPS AB entry and exit signals to maximize returns
MIPS AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MIPS AB's price direction in advance. Along with the technical and fundamental analysis of MIPS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MIPS 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 | (0.06) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.58) | |||
Treynor Ratio | 5.79 |
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Additional Tools for MIPS Stock Analysis
When running MIPS AB's price analysis, check to measure MIPS AB'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 MIPS AB is operating at the current time. Most of MIPS AB's value examination focuses on studying past and present price action to predict the probability of MIPS AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MIPS AB's price. Additionally, you may evaluate how the addition of MIPS AB to your portfolios can decrease your overall portfolio volatility.