Mullen Group Stock Price on May 17, 2024
| MLLGF Stock | USD 10.93 0.26 2.32% |
If you're considering investing in Mullen Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mullen stands at 10.93, as last reported on the 11th of December 2024, with the highest price reaching 10.98 and the lowest price hitting 10.93 during the day. At this point, Mullen is very steady. Mullen Group has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mullen, which you can use to evaluate the volatility of the firm. Please verify Mullen's Mean Deviation of 0.445, risk adjusted performance of 0.0595, and Downside Deviation of 1.31 to check out if the risk estimate we provide is consistent with the expected return of 0.0987%.
Mullen Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Mullen |
Sharpe Ratio = 0.1283
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Mullen is performing at about 10% 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 Mullen by adding it to a well-diversified portfolio.
Related Headline
ArcBest Corp Headline on 17th of May 2024
Disposition of tradable shares by Adkins Christopher A of Ar... by Adkins Christopher A
Filed transaction by ArcBest Corp Officer Vp - Yield Management. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Mullen Valuation on May 17, 2024
It is possible to determine the worth of Mullen on a given historical date. On May 17, 2024 Mullen was worth 9.16 at the beginning of the trading date compared to the closed value of 9.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mullen pink sheet. Still, in general, we apply an absolute valuation method to find Mullen'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 Mullen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mullen's related companies.
| Open | High | Low | Close | Volume | |
| 9.22 | 9.22 | 9.16 | 9.16 | 217.00 | |
05/17/2024 | 9.16 | 9.16 | 9.16 | 9.16 | 45.00 |
| 9.19 | 9.19 | 9.19 | 9.19 | 800.00 |
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Mullen Trading Date Momentum on May 17, 2024
| On May 20 2024 Mullen Group was traded for 9.19 at the closing time. The highest daily price throughout the period was 9.19 and the lowest price was 9.19 . The daily volume was 800. The net trading volume on 05/20/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.33% . The trading delta at closing time to current closing price is 1.20% . |
Mullen Group Fundamentals Correlations and Trends
By evaluating Mullen'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 Mullen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mullen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mullen Pink Sheet history
Mullen 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 Mullen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mullen Group 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 Mullen stock prices may prove useful in developing a viable investing in Mullen
Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada. Mullen operates under Trucking classification in the United States and is traded on OTC Exchange. It employs 7202 people.
Mullen Pink Sheet Technical Analysis
Mullen technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Mullen Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Mullen Group cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Mullen December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Mullen pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mullen shares will generate the highest return on investment. By undertsting and applying Mullen pink sheet market strength indicators, traders can identify Mullen Group entry and exit signals to maximize returns
Mullen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mullen's price direction in advance. Along with the technical and fundamental analysis of Mullen Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mullen 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 | 0.0595 | |||
| Jensen Alpha | 0.0365 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.3555 |
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Complementary Tools for Mullen Pink Sheet analysis
When running Mullen's price analysis, check to measure Mullen'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 Mullen is operating at the current time. Most of Mullen's value examination focuses on studying past and present price action to predict the probability of Mullen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mullen's price. Additionally, you may evaluate how the addition of Mullen to your portfolios can decrease your overall portfolio volatility.
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