Multi Ways Holdings Stock Price on November 29, 2024

MWG Stock   0.26  0.01  4.00%   
If you're considering investing in Multi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Multi Ways stands at 0.26, as last reported on the 29th of November, with the highest price reaching 0.26 and the lowest price hitting 0.25 during the day. Multi Ways Holdings has Sharpe Ratio of -0.0932, which conveys that the firm had a -0.0932% return per unit of risk over the last 3 months. Multi Ways exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Multi Ways' Mean Deviation of 4.3, standard deviation of 7.02, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
  
At this time, Multi Ways' Common Stock is most likely to decrease significantly in the upcoming years. The Multi Ways' current Issuance Of Capital Stock is estimated to increase to about 14.2 M, while Total Stockholder Equity is projected to decrease to roughly 20.7 M. . The current Price To Sales Ratio is estimated to decrease to 0.17. The current Price Earnings Ratio is estimated to decrease to 3.49. Multi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0932

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Estimated Market Risk

 7.09
  actual daily
63
63% of assets are less volatile

Expected Return

 -0.66
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Multi Ways 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 Multi Ways by adding Multi Ways to a well-diversified portfolio.
Price Book
0.3905
Enterprise Value Ebitda
3.0619
Price Sales
0.2367
Shares Float
9.7 M
Earnings Share
0.06

Multi Ways Valuation on November 29, 2024

It is possible to determine the worth of Multi Ways on a given historical date. On November 29, 2024 Multi was worth 0.26 at the beginning of the trading date compared to the closed value of 0.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Multi Ways stock. Still, in general, we apply an absolute valuation method to find Multi Ways' 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 Multi Ways where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Multi Ways' related companies.
 Open High Low Close Volume
  0.26    0.26    0.25    0.26    14,763  
11/29/2024
  0.26    0.26    0.25    0.26    0.00  
Backtest Multi Ways  |  Multi Ways History  |  Multi Ways Valuation   Previous
Open Value
0.26
0.26
Closing Value
21.54
Upside

Multi Ways Trading Date Momentum on November 29, 2024

On November 29 2024 Multi Ways Holdings was traded for  0.26  at the closing time. Highest Multi Ways's price during the trading hours was 0.26  and the lowest price during the day was  0.25 . There was no trading activity during the period 0.0. Lack of trading volume on the 29th of November did not cause price change. The trading delta at closing time to current price is 0.00% .

Multi Ways Holdings Fundamentals Correlations and Trends

By evaluating Multi Ways' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Multi Ways' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Multi financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Multi Ways Stock history

Multi Ways 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 Multi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Multi Ways Holdings 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 Multi Ways stock prices may prove useful in developing a viable investing in Multi Ways
Last ReportedProjected for Next Year
Common Stock Shares Outstanding29.3 M27.8 M
Net Income Applicable To Common Shares925.2 K1.1 M

Multi Ways Quarterly Net Working Capital

20.9 Million

Multi Ways Stock Technical Analysis

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

Multi Ways Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Multi Ways Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.

Multi Ways November 29, 2024 Market Strength

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

Multi Ways Technical and Predictive Indicators

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

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