McEwen Mining (Mexico) Price on September 5, 2024
| MUX Stock | MXN 198.00 0.00 0.00% |
If you're considering investing in McEwen Stock, it is important to understand the factors that can impact its price. As of today, the current price of McEwen Mining stands at 198.00, as last reported on the 29th of November, with the highest price reaching 198.00 and the lowest price hitting 198.00 during the day. McEwen Mining appears to be very steady, given 3 months investment horizon. McEwen Mining has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for McEwen Mining, which you can use to evaluate the volatility of the firm. Please exercise McEwen Mining's risk adjusted performance of 0.1011, and Mean Deviation of 0.5753 to check out if our risk estimates are consistent with your expectations.
McEwen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
McEwen |
Sharpe Ratio = 0.128
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Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average McEwen Mining is performing at about 10% 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 McEwen Mining by adding it to a well-diversified portfolio.
McEwen Mining Valuation on September 5, 2024
It is possible to determine the worth of McEwen Mining on a given historical date. On September 5, 2024 McEwen was worth 166.0 at the beginning of the trading date compared to the closed value of 166.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of McEwen Mining stock. Still, in general, we apply an absolute valuation method to find McEwen Mining'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 McEwen Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against McEwen Mining's related companies.
| Open | High | Low | Close | Volume | |
| 166.00 | 166.00 | 166.00 | 166.00 | 1.00 | |
09/05/2024 | 166.00 | 166.00 | 166.00 | 166.00 | 1.00 |
| 166.00 | 166.00 | 166.00 | 166.00 | 1.00 |
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McEwen Mining Trading Date Momentum on September 5, 2024
| On September 06 2024 McEwen Mining was traded for 166.00 at the closing time. The maximum traded price for the trading interval was 166.00 and the lowest daily price was 166.00 . There was no trading activity during the period 1.0. Lack of trading volume on 6th of September 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
McEwen Mining Fundamentals Correlations and Trends
By evaluating McEwen Mining'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 McEwen Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. McEwen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About McEwen Mining Stock history
McEwen Mining 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 McEwen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in McEwen Mining 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 McEwen Mining stock prices may prove useful in developing a viable investing in McEwen Mining
McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver. McEwen Mining Inc. was founded in 1979 and is headquartered in Toronto, Canada. McEwen Mining operates under Industrial Metals Minerals classification in Mexico and is traded on Mexico Stock Exchange. It employs 427 people.
McEwen Mining Stock Technical Analysis
McEwen Mining 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
McEwen Mining Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
McEwen Mining cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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.
McEwen Mining November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how McEwen Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McEwen Mining shares will generate the highest return on investment. By undertsting and applying McEwen Mining stock market strength indicators, traders can identify McEwen Mining entry and exit signals to maximize returns
McEwen Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for McEwen Mining's price direction in advance. Along with the technical and fundamental analysis of McEwen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of McEwen 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 | 0.1011 | |||
| Jensen Alpha | 0.3132 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (1.04) |
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Additional Tools for McEwen Stock Analysis
When running McEwen Mining's price analysis, check to measure McEwen Mining'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 McEwen Mining is operating at the current time. Most of McEwen Mining's value examination focuses on studying past and present price action to predict the probability of McEwen Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McEwen Mining's price. Additionally, you may evaluate how the addition of McEwen Mining to your portfolios can decrease your overall portfolio volatility.