Mullen Automotive Stock Price on October 1, 2024
| MULN Stock | USD 2.87 0.06 2.05% |
Below is the normalized historical share price chart for Mullen Automotive extending back to October 17, 2008. 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 Automotive stands at 2.87, as last reported on the 25th of November, with the highest price reaching 3.19 and the lowest price hitting 2.80 during the day.
If you're considering investing in Mullen Stock, it is important to understand the factors that can impact its price. Mullen Automotive has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Mullen Automotive exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mullen Automotive's Mean Deviation of 9.65, risk adjusted performance of (0.15), and Standard Deviation of 14.2 to check out the risk estimate we provide.
At this time, Mullen Automotive's Total Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Common Stock Shares Outstanding is likely to grow to about 74 K, while Liabilities And Stockholders Equity is likely to drop about 360.6 M. . At this time, Mullen Automotive's Price Book Value Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Earnings To Growth Ratio is likely to grow to 6.30, while Price To Sales Ratio is likely to drop 31.96. Mullen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of October 2008 | 200 Day MA 260.0443 | 50 Day MA 3.3572 | Beta 0.487 |
Mullen |
Sharpe Ratio = -0.1914
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Estimated Market Risk
| 14.27 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.73 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mullen Automotive 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 Automotive by adding Mullen Automotive to a well-diversified portfolio.
Price Book 0.7402 | Enterprise Value Ebitda 0.0552 | Price Sales 165.1671 | Shares Float 386.2 K | Wall Street Target Price 23 |
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Mullen Automotive Valuation on October 1, 2024
It is possible to determine the worth of Mullen Automotive on a given historical date. On October 1, 2024 Mullen was worth 2.87 at the beginning of the trading date compared to the closed value of 3.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mullen Automotive stock. Still, in general, we apply an absolute valuation method to find Mullen Automotive'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 Automotive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mullen Automotive's related companies.
| Open | High | Low | Close | Volume | |
| 3.44 | 3.50 | 3.10 | 3.15 | 2,317,462 | |
10/01/2024 | 2.87 | 3.97 | 2.80 | 3.22 | 8,334,245 |
| 3.57 | 3.65 | 2.64 | 2.75 | 5,519,711 |
| Backtest Mullen Automotive | | | Mullen Automotive History | | | Mullen Automotive Valuation | Previous | Next |
Mullen Automotive Trading Date Momentum on October 1, 2024
| On October 02 2024 Mullen Automotive was traded for 2.75 at the closing time. The top price for the day was 3.65 and the lowest listed price was 2.64 . The trading volume for the day was 5.5 M. The trading history from October 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 14.60% . The trading delta at closing time against the current closing price is 31.06% . |
Mullen Automotive Fundamentals Correlations and Trends
By evaluating Mullen Automotive'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 Automotive'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 Automotive Stock history
Mullen Automotive 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 Automotive 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 Automotive stock prices may prove useful in developing a viable investing in Mullen Automotive
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 70.5 K | 74 K | |
| Net Loss | -702 M | -666.9 M |
Mullen Automotive Stock Technical Analysis
Mullen Automotive 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.
Price Boundaries
Mullen Automotive Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
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Mullen Automotive November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Mullen Automotive 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 Automotive shares will generate the highest return on investment. By undertsting and applying Mullen Automotive stock market strength indicators, traders can identify Mullen Automotive entry and exit signals to maximize returns
Mullen Automotive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mullen Automotive'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.
| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (2.75) | |||
| Total Risk Alpha | (5.11) | |||
| Treynor Ratio | 2.79 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mullen Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Mullen Stock, please use our How to Invest in Mullen Automotive guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mullen Automotive. If investors know Mullen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mullen Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 273 K | Revenue Per Share 2.51 | Quarterly Revenue Growth (0.79) | Return On Assets (0.48) | Return On Equity (2.60) |
The market value of Mullen Automotive is measured differently than its book value, which is the value of Mullen that is recorded on the company's balance sheet. Investors also form their own opinion of Mullen Automotive's value that differs from its market value or its book value, called intrinsic value, which is Mullen Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mullen Automotive's market value can be influenced by many factors that don't directly affect Mullen Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mullen Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mullen Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mullen Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.