Modine Manufacturing (Germany) Price on December 13, 2024
MMF Stock | EUR 72.14 9.24 11.35% |
If you're considering investing in Modine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Modine Manufacturing stands at 72.14, as last reported on the 4th of March, with the highest price reaching 73.10 and the lowest price hitting 71.86 during the day. Modine Manufacturing has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16 % return per unit of risk over the last 3 months. Modine Manufacturing exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Modine Manufacturing's Risk Adjusted Performance of (0.09), standard deviation of 4.86, and Mean Deviation of 2.84 to check out the risk estimate we provide.
Modine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Modine |
Sharpe Ratio = -0.1641
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Estimated Market Risk
5.19 actual daily | 46 54% of assets are more volatile |
Expected Return
-0.85 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Modine Manufacturing 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 Modine Manufacturing by adding Modine Manufacturing to a well-diversified portfolio.
Modine Manufacturing Valuation on December 13, 2024
It is possible to determine the worth of Modine Manufacturing on a given historical date. On December 13, 2024 Modine was worth 122.25 at the beginning of the trading date compared to the closed value of 122.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Modine Manufacturing stock. Still, in general, we apply an absolute valuation method to find Modine Manufacturing'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 Modine Manufacturing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Modine Manufacturing's related companies.
Open | High | Low | Close | Volume | |
124.25 | 124.25 | 124.25 | 124.25 | 3.00 | |
12/13/2024 | 122.25 | 122.25 | 122.25 | 122.25 | 16.00 |
125.10 | 128.45 | 125.10 | 128.00 | 484.00 |
Backtest Modine Manufacturing | | | Modine Manufacturing History | | | Modine Manufacturing Valuation | Previous | Next |
Modine Manufacturing Trading Date Momentum on December 13, 2024
On December 16 2024 Modine Manufacturing was traded for 128.00 at the closing time. The highest daily price throughout the period was 128.45 and the lowest price was 125.10 . The daily volume was 484. The net trading volume on 12/16/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 4.70% . The trading delta at closing time to current closing price is 6.46% . |
Modine Manufacturing Fundamentals Correlations and Trends
By evaluating Modine Manufacturing'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 Modine Manufacturing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Modine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Modine Manufacturing Stock history
Modine Manufacturing 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 Modine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Modine Manufacturing 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 Modine Manufacturing stock prices may prove useful in developing a viable investing in Modine Manufacturing
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer vehicular applications. Modine Manufacturing Company was founded in 1916 and is headquartered in Racine, Wisconsin. MODINE MFG operates under Auto Parts classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12200 people.
Modine Manufacturing Stock Technical Analysis
Modine Manufacturing 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
Modine Manufacturing Period Price Range
Low | March 4, 2025
| High |
0.00 | 0.00 |
Modine Manufacturing cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Modine Manufacturing March 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Modine Manufacturing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Modine Manufacturing shares will generate the highest return on investment. By undertsting and applying Modine Manufacturing stock market strength indicators, traders can identify Modine Manufacturing entry and exit signals to maximize returns
Modine Manufacturing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Modine Manufacturing's price direction in advance. Along with the technical and fundamental analysis of Modine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Modine 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 | (0.09) | |||
Jensen Alpha | (0.67) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (3.30) |
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Complementary Tools for Modine Stock analysis
When running Modine Manufacturing's price analysis, check to measure Modine Manufacturing'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 Modine Manufacturing is operating at the current time. Most of Modine Manufacturing's value examination focuses on studying past and present price action to predict the probability of Modine Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modine Manufacturing's price. Additionally, you may evaluate how the addition of Modine Manufacturing to your portfolios can decrease your overall portfolio volatility.
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