Meitec (Germany) Price on December 8, 2023
| MJ1 Stock | EUR 17.18 0.00 0.00% |
If you're considering investing in Meitec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meitec stands at 17.18, as last reported on the 29th of November, with the highest price reaching 17.18 and the lowest price hitting 17.18 during the day. We have found three technical indicators for Meitec, which you can use to evaluate the volatility of the firm.
Meitec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Meitec |
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| MJ1 |
Based on monthly moving average Meitec 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 Meitec by adding Meitec to a well-diversified portfolio.
Meitec Valuation on December 8, 2023
It is possible to determine the worth of Meitec on a given historical date. On December 8, 2023 Meitec was worth 17.18 at the beginning of the trading date compared to the closed value of 17.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meitec stock. Still, in general, we apply an absolute valuation method to find Meitec'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 Meitec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meitec's related companies.
| Open | High | Low | Close | Volume | |
| 17.18 | 17.18 | 17.18 | 17.18 | 1.00 | |
12/08/2023 | 17.18 | 17.18 | 17.18 | 17.18 | 1.00 |
| 17.18 | 17.18 | 17.18 | 17.18 | 1.00 |
| Backtest Meitec | | | Meitec History | | | Meitec Valuation | Previous | Next |
Meitec Trading Date Momentum on December 8, 2023
| On December 11 2023 Meitec was traded for 17.18 at the closing time. The maximum traded price for the trading interval was 17.18 and the lowest daily price was 17.18 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of December 2023 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
Meitec Fundamentals Correlations and Trends
By evaluating Meitec'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 Meitec's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meitec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meitec Stock history
Meitec 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 Meitec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meitec 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 Meitec stock prices may prove useful in developing a viable investing in Meitec
Meitec Corporation provides dispatch engineering solutions to manufacturing companies in Japan. Meitec Corporation was founded in 1974 and is headquartered in Tokyo, Japan. MEITEC CORP operates under Staffing Employment Services classification in Germany and is traded on Munich Stock Exchange. It employs 11794 people.
Meitec Stock Technical Analysis
Meitec 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
Meitec Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Meitec cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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.
Meitec November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Meitec stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meitec shares will generate the highest return on investment. By undertsting and applying Meitec stock market strength indicators, traders can identify Meitec entry and exit signals to maximize returns
Additional Tools for Meitec Stock Analysis
When running Meitec's price analysis, check to measure Meitec'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 Meitec is operating at the current time. Most of Meitec's value examination focuses on studying past and present price action to predict the probability of Meitec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meitec's price. Additionally, you may evaluate how the addition of Meitec to your portfolios can decrease your overall portfolio volatility.