Mullen Group Stock Price on March 14, 2023

MTL Stock  CAD 14.41  0.24  1.64%   
If you're considering investing in Mullen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mullen stands at 14.41, as last reported on the 7th of February, with the highest price reaching 14.83 and the lowest price hitting 14.40 during the day. Mullen Group has Sharpe Ratio of -0.0863, which conveys that the firm had a -0.0863 % return per unit of risk over the last 3 months. Mullen exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mullen's Standard Deviation of 1.12, risk adjusted performance of (0.06), and Mean Deviation of 0.8009 to check out the risk estimate we provide.
  
Mullen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0863

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Estimated Market Risk

 1.12
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mullen 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 Mullen by adding Mullen to a well-diversified portfolio.

Mullen Valuation on March 14, 2023

It is possible to determine the worth of Mullen on a given historical date. On March 14, 2023 Mullen was worth 13.37 at the beginning of the trading date compared to the closed value of 13.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mullen stock. Still, in general, we apply an absolute valuation method to find Mullen'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 Mullen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mullen's related companies.
 Open High Low Close Volume
  13.66    13.66    13.13    13.14    398,900  
03/14/2023
  13.37    13.92    13.37    13.78    418,500  
  13.57    13.68    13.17    13.23    228,100  
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Open Value
13.37
13.78
Closing Value
16.72
Upside

Mullen Trading Date Momentum on March 14, 2023

On March 15 2023 Mullen Group was traded for  13.23  at the closing time. The maximum traded price for the trading interval was 13.68  and the lowest daily price was  13.17 . The daily volume was recorded at 228.1 K. The volume of trading on 15th of March 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 3.99% . The trading delta at closing time to the closing price today is 6.17% .

Mullen Group Fundamentals Correlations and Trends

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

About Mullen Stock history

Mullen 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 Mullen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mullen Group 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 Mullen stock prices may prove useful in developing a viable investing in Mullen
Mullen Group Ltd. provides trucking and logistics services in Canada and the United States. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada. MULLEN GROUP operates under Trucking classification in Canada and is traded on Toronto Stock Exchange. It employs 6124 people.

Mullen Stock Technical Analysis

Mullen 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 Mullen technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mullen 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

Mullen Period Price Range

Low
February 7, 2025
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High

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Mullen Group cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Mullen February 7, 2025 Market Strength

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

Mullen Technical and Predictive Indicators

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

Other Information on Investing in Mullen Stock

Mullen financial ratios help investors to determine whether Mullen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mullen with respect to the benefits of owning Mullen security.