Mentice AB (Sweden) Price on November 27, 2024
| MNTC Stock | SEK 25.90 1.90 7.92% |
If you're considering investing in Mentice Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mentice AB stands at 25.90, as last reported on the 2nd of December, with the highest price reaching 27.60 and the lowest price hitting 23.90 during the day. Currently, Mentice AB is not too volatile. Mentice AB has Sharpe Ratio of 0.0129, which conveys that the firm had a 0.0129% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mentice AB, which you can use to evaluate the volatility of the firm. Please verify Mentice AB's Downside Deviation of 3.45, mean deviation of 2.24, and Risk Adjusted Performance of 0.0286 to check out if the risk estimate we provide is consistent with the expected return of 0.0422%.
Mentice Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mentice |
Sharpe Ratio = 0.0129
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Estimated Market Risk
| 3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Mentice AB is performing at about 1% 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 Mentice AB by adding it to a well-diversified portfolio.
Mentice AB Valuation on November 27, 2024
It is possible to determine the worth of Mentice AB on a given historical date. On November 27, 2024 Mentice was worth 22.5 at the beginning of the trading date compared to the closed value of 23.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mentice AB stock. Still, in general, we apply an absolute valuation method to find Mentice AB'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 Mentice AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mentice AB's related companies.
| Open | High | Low | Close | Volume | |
| 22.80 | 23.00 | 21.70 | 22.60 | 10,060 | |
11/27/2024 | 22.50 | 25.30 | 22.50 | 23.00 | 12,914 |
| 22.80 | 24.00 | 22.00 | 24.00 | 8,928 |
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Mentice AB Trading Date Momentum on November 27, 2024
| On November 28 2024 Mentice AB was traded for 24.00 at the closing time. The highest price during the trading period was 24.00 and the lowest recorded bid was listed for 22.00 . The volume for the day was 8.9 K. This history from November 28, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 4.35% . The trading delta at closing time to the current price is 3.91% . |
Mentice AB Fundamentals Correlations and Trends
By evaluating Mentice AB'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 Mentice AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mentice financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mentice AB Stock history
Mentice AB 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 Mentice is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mentice AB 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 Mentice AB stock prices may prove useful in developing a viable investing in Mentice AB
Mentice AB Stock Technical Analysis
Mentice AB 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
Mentice AB Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Mentice AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Mentice AB December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Mentice AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mentice AB shares will generate the highest return on investment. By undertsting and applying Mentice AB stock market strength indicators, traders can identify Mentice AB entry and exit signals to maximize returns
Mentice AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mentice AB's price direction in advance. Along with the technical and fundamental analysis of Mentice Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mentice 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 | 0.0286 | |||
| Jensen Alpha | 0.1801 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.10) |
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Additional Tools for Mentice Stock Analysis
When running Mentice AB's price analysis, check to measure Mentice AB'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 Mentice AB is operating at the current time. Most of Mentice AB's value examination focuses on studying past and present price action to predict the probability of Mentice AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mentice AB's price. Additionally, you may evaluate how the addition of Mentice AB to your portfolios can decrease your overall portfolio volatility.