Melexis Nv Stock Price on April 24, 2023
MLXSF Stock | USD 74.25 0.00 0.00% |
If you're considering investing in Melexis Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Melexis NV stands at 74.25, as last reported on the 24th of November, with the highest price reaching 74.25 and the lowest price hitting 74.25 during the day. Melexis NV has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Melexis NV exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Melexis NV's Mean Deviation of 0.9588, standard deviation of 3.96, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
Melexis Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Melexis |
Sharpe Ratio = -0.1162
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Estimated Market Risk
3.99 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Melexis NV 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 Melexis NV by adding Melexis NV to a well-diversified portfolio.
Melexis NV Valuation on April 24, 2023
It is possible to determine the worth of Melexis NV on a given historical date. On April 24, 2023 Melexis was worth 66.54 at the beginning of the trading date compared to the closed value of 66.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Melexis NV pink sheet. Still, in general, we apply an absolute valuation method to find Melexis NV'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 Melexis NV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Melexis NV's related companies.
Open | High | Low | Close | Volume | |
66.54 | 66.54 | 66.54 | 66.54 | 1.00 | |
04/24/2023 | 66.54 | 66.54 | 66.54 | 66.54 | 1.00 |
66.54 | 66.54 | 66.54 | 66.54 | 1.00 |
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Melexis NV Trading Date Momentum on April 24, 2023
On April 25 2023 Melexis NV was traded for 66.54 at the closing time. The highest daily price throughout the period was 66.54 and the lowest price was 66.54 . There was no trading activity during the period 1.0. Lack of trading volume on 04/25/2023 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Melexis NV Fundamentals Correlations and Trends
By evaluating Melexis NV'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 Melexis NV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Melexis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Melexis NV Pink Sheet history
Melexis NV 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 Melexis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Melexis NV 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 Melexis NV stock prices may prove useful in developing a viable investing in Melexis NV
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is traded on OTC Exchange in the United States.
Melexis NV Pink Sheet Technical Analysis
Melexis NV 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
Melexis NV Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Melexis NV 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.
Melexis NV November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Melexis NV 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 Melexis NV shares will generate the highest return on investment. By undertsting and applying Melexis NV pink sheet market strength indicators, traders can identify Melexis NV entry and exit signals to maximize returns
Melexis NV Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Melexis NV's price direction in advance. Along with the technical and fundamental analysis of Melexis Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Melexis 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 | (0.08) | |||
Jensen Alpha | (0.56) | |||
Total Risk Alpha | (1.09) | |||
Treynor Ratio | (0.60) |
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Complementary Tools for Melexis Pink Sheet analysis
When running Melexis NV's price analysis, check to measure Melexis NV'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 Melexis NV is operating at the current time. Most of Melexis NV's value examination focuses on studying past and present price action to predict the probability of Melexis NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melexis NV's price. Additionally, you may evaluate how the addition of Melexis NV to your portfolios can decrease your overall portfolio volatility.
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