Mills Music Trust Stock Price on June 14, 2024
| MMTRS Stock | USD 37.00 0.00 0.00% |
If you're considering investing in Mills Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mills Music stands at 37.00, as last reported on the 26th of November, with the highest price reaching 37.00 and the lowest price hitting 37.00 during the day. Mills Music appears to be not too volatile, given 3 months investment horizon. Mills Music Trust has Sharpe Ratio of 0.0569, which conveys that the firm had a 0.0569% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Mills Music, which you can use to evaluate the volatility of the firm. Please exercise Mills Music's Mean Deviation of 1.39, risk adjusted performance of 0.0508, and Downside Deviation of 9.76 to check out if our risk estimates are consistent with your expectations.
Mills Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Mills |
Sharpe Ratio = 0.0569
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Estimated Market Risk
| 4.03 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Mills Music is performing at about 4% 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 Mills Music by adding it to a well-diversified portfolio.
Related Headline
Global Payments Headline on 14th of June 2024
Filed transaction by Global Payments Officer Chief Admin Legal Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Mills Music Valuation on June 14, 2024
It is possible to determine the worth of Mills Music on a given historical date. On June 14, 2024 Mills was worth 36.5 at the beginning of the trading date compared to the closed value of 36.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mills Music pink sheet. Still, in general, we apply an absolute valuation method to find Mills Music'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 Mills Music where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mills Music's related companies.
| Open | High | Low | Close | Volume | |
| 36.50 | 36.50 | 36.50 | 36.50 | 1.00 | |
06/14/2024 | 36.50 | 36.50 | 36.50 | 36.50 | 1.00 |
| 35.13 | 37.03 | 32.76 | 37.03 | 551.00 |
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Mills Music Trading Date Momentum on June 14, 2024
| On June 17 2024 Mills Music Trust was traded for 37.03 at the closing time. The highest daily price throughout the period was 37.03 and the lowest price was 32.76 . The daily volume was 551. The net trading volume on 06/17/2024 added to the next day price appreciation. The trading delta at closing time to closing price of the next trading day was 1.45% . The trading delta at closing time to current closing price is 6.85% . |
Mills Music Trust Fundamentals Correlations and Trends
By evaluating Mills Music'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 Mills Music's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mills financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mills Music Pink Sheet history
Mills Music 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 Mills is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mills Music Trust 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 Mills Music stock prices may prove useful in developing a viable investing in Mills Music
Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc. primarily in the United States. The company was founded in 1964 and is based in New York, New York. Mills Music is traded on OTC Exchange in the United States.
Mills Music Pink Sheet Technical Analysis
Mills Music 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
Mills Music Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Mills Music Trust 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.
Mills Music November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Mills Music 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 Mills Music shares will generate the highest return on investment. By undertsting and applying Mills Music pink sheet market strength indicators, traders can identify Mills Music Trust entry and exit signals to maximize returns
Mills Music Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mills Music's price direction in advance. Along with the technical and fundamental analysis of Mills Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mills 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 | 0.0508 | |||
| Jensen Alpha | 0.1497 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0098 | |||
| Treynor Ratio | 0.394 |
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Additional Tools for Mills Pink Sheet Analysis
When running Mills Music's price analysis, check to measure Mills Music'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 Mills Music is operating at the current time. Most of Mills Music's value examination focuses on studying past and present price action to predict the probability of Mills Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mills Music's price. Additionally, you may evaluate how the addition of Mills Music to your portfolios can decrease your overall portfolio volatility.