Mmg Limited Stock Price on July 8, 2024
MMLTF Stock | USD 0.28 0.00 0.00% |
If you're considering investing in MMG Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of MMG stands at 0.28, as last reported on the 25th of November, with the highest price reaching 0.28 and the lowest price hitting 0.28 during the day. At this point, MMG is abnormally volatile. MMG Limited 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 seventeen technical indicators for MMG, which you can use to evaluate the volatility of the firm. Please verify MMG's risk adjusted performance of 0.0992, and Mean Deviation of 0.3581 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
MMG Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
MMG |
Sharpe Ratio = 0.125
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Estimated Market Risk
1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average MMG is performing at about 9% 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 MMG by adding it to a well-diversified portfolio.
MMG Valuation on July 8, 2024
It is possible to determine the worth of MMG on a given historical date. On July 8, 2024 MMG was worth 0.46 at the beginning of the trading date compared to the closed value of 0.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MMG pink sheet. Still, in general, we apply an absolute valuation method to find MMG'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 MMG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MMG's related companies.
Open | High | Low | Close | Volume | |
0.46 | 0.46 | 0.46 | 0.46 | 1.00 | |
07/08/2024 | 0.46 | 0.46 | 0.46 | 0.46 | 1.00 |
0.46 | 0.46 | 0.46 | 0.46 | 1.00 |
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MMG Trading Date Momentum on July 8, 2024
On July 09 2024 MMG Limited was traded for 0.46 at the closing time. The highest daily price throughout the period was 0.46 and the lowest price was 0.46 . There was no trading activity during the period 1.0. Lack of trading volume on 07/09/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
MMG Limited Fundamentals Correlations and Trends
By evaluating MMG'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 MMG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MMG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MMG Pink Sheet history
MMG 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 MMG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MMG Limited 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 MMG stock prices may prove useful in developing a viable investing in MMG
MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. MMG Limited was incorporated in 1988 and is headquartered in Southbank, Australia. Mmg operates under Copper classification in the United States and is traded on OTC Exchange. It employs 4245 people.
MMG Pink Sheet Technical Analysis
MMG 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
MMG Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
MMG Limited 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.
MMG November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how MMG 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 MMG shares will generate the highest return on investment. By undertsting and applying MMG pink sheet market strength indicators, traders can identify MMG Limited entry and exit signals to maximize returns
MMG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MMG's price direction in advance. Along with the technical and fundamental analysis of MMG Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of MMG 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 | 0.0992 | |||
Jensen Alpha | 0.1559 | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | 1.3 |
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Complementary Tools for MMG Pink Sheet analysis
When running MMG's price analysis, check to measure MMG'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 MMG is operating at the current time. Most of MMG's value examination focuses on studying past and present price action to predict the probability of MMG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MMG's price. Additionally, you may evaluate how the addition of MMG to your portfolios can decrease your overall portfolio volatility.
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