Mullen Group Stock Price on March 15, 2024

MTL Stock  CAD 15.37  0.10  0.65%   
Below is the normalized historical share price chart for Mullen Group extending back to December 14, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mullen stands at 15.37, as last reported on the 26th of November, with the highest price reaching 15.62 and the lowest price hitting 15.37 during the day.
200 Day MA
14.142
50 Day MA
14.7896
Beta
1.811
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mullen Stock, it is important to understand the factors that can impact its price. As of now, Mullen Stock is very steady. Mullen Group has Sharpe Ratio of 0.0824, which conveys that the firm had a 0.0824% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mullen, which you can use to evaluate the volatility of the firm. Please verify Mullen's Risk Adjusted Performance of 0.0791, mean deviation of 0.9486, and Downside Deviation of 1.06 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
  
At this time, Mullen's Common Stock is very stable compared to the past year. As of the 26th of November 2024, Stock Based Compensation is likely to grow to about 1.2 M, while Total Stockholder Equity is likely to drop about 762.8 M. . As of the 26th of November 2024, Price To Sales Ratio is likely to drop to 0.60. In addition to that, Price Earnings Ratio is likely to drop to 8.77. Mullen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0824

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Estimated Market Risk

 1.57
  actual daily
13
87% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Mullen is performing at about 6% 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 Mullen by adding it to a well-diversified portfolio.
Price Book
1.3366
Enterprise Value Ebitda
6.7078
Price Sales
0.6817
Shares Float
81.6 M
Dividend Share
0.74

Mullen Main Headline on 15th of March 2024

Mullen Group dividend paid on 15th of March 2024

Mullen Valuation on March 15, 2024

It is possible to determine the worth of Mullen on a given historical date. On March 15, 2024 Mullen was worth 14.08 at the beginning of the trading date compared to the closed value of 13.84. 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
  14.04    14.16    14.01    14.06    69,400  
03/15/2024
  14.08    14.17    13.83    13.84    224,300  
  13.92    14.01    13.77    13.97    168,600  
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Open Value
14.08
13.84
Closing Value
18.79
Upside

Mullen Trading Date Momentum on March 15, 2024

On March 18 2024 Mullen Group was traded for  13.97  at the closing time. The maximum traded price for the trading interval was 14.01  and the lowest daily price was  13.77 . The daily volume was recorded at 168.6 K. The volume of trading on 18th of March 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.94% . The trading delta at closing time to the closing price today is 0.65% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding99.1 M83.1 M
Net Income Applicable To Common Shares182.4 M191.5 M

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
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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 November 26, 2024 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.