MISUMI GROUP (Germany) Price on November 22, 2024
MS3 Stock | EUR 15.00 0.10 0.67% |
If you're considering investing in MISUMI Stock, it is important to understand the factors that can impact its price. As of today, the current price of MISUMI GROUP stands at 15.00, as last reported on the 29th of November, with the highest price reaching 15.00 and the lowest price hitting 15.00 during the day. MISUMI GROUP INC has Sharpe Ratio of -0.0455, which conveys that the firm had a -0.0455% return per unit of standard deviation over the last 3 months. MISUMI GROUP exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MISUMI GROUP's Risk Adjusted Performance of (0.03), market risk adjusted performance of 1.13, and Mean Deviation of 1.85 to check out the risk estimate we provide.
MISUMI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MISUMI |
Sharpe Ratio = -0.0455
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Estimated Market Risk
2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MISUMI GROUP 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 MISUMI GROUP by adding MISUMI GROUP to a well-diversified portfolio.
MISUMI GROUP Valuation on November 22, 2024
It is possible to determine the worth of MISUMI GROUP on a given historical date. On November 22, 2024 MISUMI was worth 15.1 at the beginning of the trading date compared to the closed value of 15.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MISUMI GROUP stock. Still, in general, we apply an absolute valuation method to find MISUMI GROUP'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 MISUMI GROUP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MISUMI GROUP's related companies.
Open | High | Low | Close | Volume | |
14.90 | 15.00 | 14.90 | 15.00 | 1.00 | |
11/22/2024 | 15.10 | 15.30 | 15.10 | 15.30 | 1.00 |
15.00 | 15.00 | 14.90 | 14.90 | 1.00 |
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MISUMI GROUP Trading Date Momentum on November 22, 2024
On November 25 2024 MISUMI GROUP INC was traded for 14.90 at the closing time. The highest daily price throughout the period was 15.00 and the lowest price was 14.90 . There was no trading activity during the period 1.0. Lack of trading volume on 11/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.61% . The trading delta at closing time to current closing price is 1.96% . |
MISUMI GROUP INC Fundamentals Correlations and Trends
By evaluating MISUMI GROUP'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 MISUMI GROUP's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MISUMI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MISUMI GROUP Stock history
MISUMI GROUP 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 MISUMI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MISUMI GROUP INC 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 MISUMI GROUP stock prices may prove useful in developing a viable investing in MISUMI GROUP
MISUMI Group Inc. engages in the factory automation and die components businesses worldwide. MISUMI Group Inc. was incorporated in 1963 and is headquartered in Tokyo, Japan. MISUMI GROUP operates under Tools Accessories classification in Germany and is traded on Frankfurt Stock Exchange. It employs 11842 people.
MISUMI GROUP Stock Technical Analysis
MISUMI GROUP 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
MISUMI GROUP Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
MISUMI GROUP INC 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.
MISUMI GROUP November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how MISUMI GROUP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MISUMI GROUP shares will generate the highest return on investment. By undertsting and applying MISUMI GROUP stock market strength indicators, traders can identify MISUMI GROUP INC entry and exit signals to maximize returns
MISUMI GROUP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MISUMI GROUP's price direction in advance. Along with the technical and fundamental analysis of MISUMI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MISUMI 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 | (0.03) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | 1.12 |
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Volume Indicators |
Complementary Tools for MISUMI Stock analysis
When running MISUMI GROUP's price analysis, check to measure MISUMI GROUP'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 MISUMI GROUP is operating at the current time. Most of MISUMI GROUP's value examination focuses on studying past and present price action to predict the probability of MISUMI GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MISUMI GROUP's price. Additionally, you may evaluate how the addition of MISUMI GROUP to your portfolios can decrease your overall portfolio volatility.
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