Mitie Group (Germany) Price on August 8, 2023

MTO Stock  EUR 1,170  8.00  0.69%   
If you're considering investing in Mitie Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mitie Group stands at 1,170, as last reported on the 28th of November, with the highest price reaching 1,170 and the lowest price hitting 1,170 during the day. Mitie Group PLC has Sharpe Ratio of -0.0584, which conveys that the firm had a -0.0584% return per unit of risk over the last 3 months. Mitie Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitie Group's Standard Deviation of 2.14, risk adjusted performance of (0.04), and Mean Deviation of 1.48 to check out the risk estimate we provide.
  
Mitie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0584

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Estimated Market Risk

 2.16
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mitie 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 Mitie Group by adding Mitie Group to a well-diversified portfolio.

Mitie Group Valuation on August 8, 2023

It is possible to determine the worth of Mitie Group on a given historical date. On August 8, 2023 Mitie was worth 1138.0 at the beginning of the trading date compared to the closed value of 1138.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitie Group stock. Still, in general, we apply an absolute valuation method to find Mitie 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 Mitie Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitie Group's related companies.
 Open High Low Close Volume
  1,156    1,156    1,156    1,156    1.00  
08/08/2023
  1,138    1,138    1,138    1,138    1.00  
  1,140    1,140    1,140    1,140    2.00  
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Open Value
1138.0
1138.0
Closing Value
1,144
Upside

Mitie Group Trading Date Momentum on August 8, 2023

On August 09 2023 Mitie Group PLC was traded for  1,140  at the closing time. The highest daily price throughout the period was 1,140  and the lowest price was  1,140 . There was no trading activity during the period 2.0. Lack of trading volume on 08/09/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.18% . The trading delta at closing time to current closing price is 3.87% .

Mitie Group PLC Fundamentals Correlations and Trends

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

About Mitie Group Stock history

Mitie 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 Mitie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mitie Group PLC 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 Mitie Group stock prices may prove useful in developing a viable investing in Mitie Group
Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide. Mettler-Toledo International Inc. was incorporated in 1991 and is headquartered in Columbus, Ohio. METTLER TOLEDO operates under Diagnostics Research classification in Germany and is traded on Frankfurt Stock Exchange. It employs 14200 people.

Mitie Group Stock Technical Analysis

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

Mitie Group Period Price Range

Low
November 28, 2024
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High

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 0.00 

Mitie Group PLC 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.

Mitie Group November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Mitie 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 Mitie Group shares will generate the highest return on investment. By undertsting and applying Mitie Group stock market strength indicators, traders can identify Mitie Group PLC entry and exit signals to maximize returns

Mitie Group Technical and Predictive Indicators

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

When running Mitie Group's price analysis, check to measure Mitie 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 Mitie Group is operating at the current time. Most of Mitie Group's value examination focuses on studying past and present price action to predict the probability of Mitie 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 Mitie Group's price. Additionally, you may evaluate how the addition of Mitie Group to your portfolios can decrease your overall portfolio volatility.
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