MTN (South Africa) Price on September 23, 2024

MTN Stock   8,148  25.00  0.31%   
If you're considering investing in MTN Stock, it is important to understand the factors that can impact its price. As of today, the current price of MTN stands at 8,148, as last reported on the 29th of November, with the highest price reaching 8,224 and the lowest price hitting 8,113 during the day. MTN Group has Sharpe Ratio of -0.0771, which conveys that the firm had a -0.0771% return per unit of volatility over the last 3 months. MTN exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MTN's risk adjusted performance of (0.10), and Mean Deviation of 1.11 to check out the risk estimate we provide.
  
MTN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0771

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Estimated Market Risk

 1.38
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average MTN 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 MTN by adding MTN to a well-diversified portfolio.

MTN Valuation on September 23, 2024

It is possible to determine the worth of MTN on a given historical date. On September 23, 2024 MTN was worth 9582.0 at the beginning of the trading date compared to the closed value of 9532.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MTN stock. Still, in general, we apply an absolute valuation method to find MTN'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 MTN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MTN's related companies.
 Open High Low Close Volume
  9,509    9,611    9,385    9,575    12,734,426  
09/23/2024
  9,582    9,643    9,449    9,532    3,643,985  
  9,610    9,850    9,479    9,595    5,773,728  
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Open Value
9582.0
9532.0
Closing Value
9,586
Upside

MTN Trading Date Momentum on September 23, 2024

On September 25 2024 MTN Group was traded for  9,595  at the closing time. The highest price during the trading period was 9,850  and the lowest recorded bid was listed for  9,479 . The volume for the day was 5.8 M. This history from September 25, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.66% . The trading delta at closing time to the current price is 6.93% .

MTN Group Fundamentals Correlations and Trends

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

About MTN Stock history

MTN 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 MTN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MTN 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 MTN stock prices may prove useful in developing a viable investing in MTN

MTN Stock Technical Analysis

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

MTN Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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

MTN November 29, 2024 Market Strength

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

MTN Technical and Predictive Indicators

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

Complementary Tools for MTN Stock analysis

When running MTN's price analysis, check to measure MTN'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 MTN is operating at the current time. Most of MTN's value examination focuses on studying past and present price action to predict the probability of MTN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MTN's price. Additionally, you may evaluate how the addition of MTN to your portfolios can decrease your overall portfolio volatility.
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