Mtn Group Ltd Stock Price on April 30, 2024
| MTNOY Stock | USD 4.53 0.04 0.89% |
If you're considering investing in MTN Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of MTN Group stands at 4.53, as last reported on the 30th of November, with the highest price reaching 4.53 and the lowest price hitting 4.47 during the day. MTN Group has Sharpe Ratio of -0.0297, which conveys that the firm had a -0.0297% return per unit of volatility over the last 3 months. MTN Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MTN Group's mean deviation of 1.72, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
MTN Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
MTN |
Sharpe Ratio = -0.0297
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Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MTN 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 MTN Group by adding MTN Group to a well-diversified portfolio.
MTN Group Valuation on April 30, 2024
It is possible to determine the worth of MTN Group on a given historical date. On April 30, 2024 MTN was worth 5.04 at the beginning of the trading date compared to the closed value of 4.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MTN Group pink sheet. Still, in general, we apply an absolute valuation method to find MTN 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 MTN Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MTN Group's related companies.
| Open | High | Low | Close | Volume | |
| 4.80 | 4.84 | 4.80 | 4.83 | 53,900 | |
04/30/2024 | 5.04 | 5.04 | 4.74 | 4.84 | 43,400 |
| 4.85 | 4.95 | 4.77 | 4.77 | 13,000 |
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MTN Group Trading Date Momentum on April 30, 2024
| On May 01 2024 MTN Group Ltd was traded for 4.77 at the closing time. The highest daily price throughout the period was 4.95 and the lowest price was 4.77 . The daily volume was 13 K. The net trading volume on 05/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.45% . The trading delta at closing time to current closing price is 4.55% . |
MTN Group Fundamentals Correlations and Trends
By evaluating MTN 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 MTN Group'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 Group Pink Sheet history
MTN 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 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 Group stock prices may prove useful in developing a viable investing in MTN Group
MTN Group Limited, together with its subsidiaries, operates in the mobile telecommunications industry. MTN Group Limited was incorporated in 1994 and is based in Johannesburg, South Africa. MTN GROUP is traded on OTC Exchange in the United States.
MTN Group Pink Sheet Technical Analysis
MTN Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
MTN Group Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
MTN Group Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Group November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how MTN Group pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MTN Group shares will generate the highest return on investment. By undertsting and applying MTN Group pink sheet market strength indicators, traders can identify MTN Group Ltd entry and exit signals to maximize returns
MTN Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MTN Group's price direction in advance. Along with the technical and fundamental analysis of MTN Pink Sheet 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.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 1.01 |
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Additional Tools for MTN Pink Sheet Analysis
When running MTN Group's price analysis, check to measure MTN 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 MTN Group is operating at the current time. Most of MTN Group's value examination focuses on studying past and present price action to predict the probability of MTN 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 MTN Group's price. Additionally, you may evaluate how the addition of MTN Group to your portfolios can decrease your overall portfolio volatility.