Mayr Melnhof (Austria) Price on November 6, 2024

MMK Stock  EUR 71.30  1.20  1.71%   
If you're considering investing in Mayr Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mayr Melnhof stands at 71.30, as last reported on the 28th of November, with the highest price reaching 71.90 and the lowest price hitting 70.10 during the day. Mayr Melnhof Karton has Sharpe Ratio of -0.26, which conveys that the firm had a -0.26% return per unit of risk over the last 3 months. Mayr Melnhof exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mayr Melnhof's Risk Adjusted Performance of (0.20), mean deviation of 1.39, and Standard Deviation of 1.84 to check out the risk estimate we provide.
  
Mayr Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2627

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Estimated Market Risk

 1.85
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.49
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.26
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mayr Melnhof 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 Mayr Melnhof by adding Mayr Melnhof to a well-diversified portfolio.

Mayr Melnhof Valuation on November 6, 2024

It is possible to determine the worth of Mayr Melnhof on a given historical date. On November 6, 2024 Mayr was worth 79.3 at the beginning of the trading date compared to the closed value of 77.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mayr Melnhof stock. Still, in general, we apply an absolute valuation method to find Mayr Melnhof'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 Mayr Melnhof where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mayr Melnhof's related companies.
 Open High Low Close Volume
  80.00    81.10    79.10    79.10    10,138  
11/06/2024
  79.30    80.70    77.90    77.90    9,296  
  77.90    80.10    77.10    79.30    10,639  
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Open Value
79.3
77.9
Closing Value
84.85
Upside

Mayr Melnhof Trading Date Momentum on November 6, 2024

On November 07 2024 Mayr Melnhof Karton AG was traded for  79.30  at the closing time. The maximum traded price for the trading interval was 80.10  and the lowest daily price was  77.10 . The daily volume was recorded at 10.6 K. The volume of trading on 7th of November 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 1.80% . The trading delta at closing time to the closing price today is 4.62% .

Mayr Melnhof Karton Fundamentals Correlations and Trends

By evaluating Mayr Melnhof'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 Mayr Melnhof's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mayr financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mayr Melnhof Stock history

Mayr Melnhof 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 Mayr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mayr Melnhof Karton 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 Mayr Melnhof stock prices may prove useful in developing a viable investing in Mayr Melnhof

Mayr Melnhof Stock Technical Analysis

Mayr Melnhof 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.
A focus of Mayr Melnhof technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mayr Melnhof trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mayr Melnhof Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

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Mayr Melnhof Karton AG cannot be verified against its exchange. Please verify the symbol is currently traded on Vienna 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.

Mayr Melnhof November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Mayr Melnhof stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mayr Melnhof shares will generate the highest return on investment. By undertsting and applying Mayr Melnhof stock market strength indicators, traders can identify Mayr Melnhof Karton AG entry and exit signals to maximize returns

Mayr Melnhof Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mayr Melnhof's price direction in advance. Along with the technical and fundamental analysis of Mayr Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mayr 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.

Complementary Tools for Mayr Stock analysis

When running Mayr Melnhof's price analysis, check to measure Mayr Melnhof'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 Mayr Melnhof is operating at the current time. Most of Mayr Melnhof's value examination focuses on studying past and present price action to predict the probability of Mayr Melnhof's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayr Melnhof's price. Additionally, you may evaluate how the addition of Mayr Melnhof to your portfolios can decrease your overall portfolio volatility.
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