Mynaric AG ADR Price on April 26, 2024

MYNADelisted Stock  USD 0.14  0.01  7.69%   
If you're considering investing in Mynaric Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mynaric AG stands at 0.14, as last reported on the 27th of February, with the highest price reaching 0.21 and the lowest price hitting 0.12 during the day. Mynaric AG ADR has Sharpe Ratio of -0.0446, which conveys that the firm had a -0.0446 % return per unit of risk over the last 3 months. Mynaric AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mynaric AG's Standard Deviation of 23.76, mean deviation of 12.78, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
  
Mynaric Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0446

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Estimated Market Risk

 25.56
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mynaric AG 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 Mynaric AG by adding Mynaric AG to a well-diversified portfolio.

Related Headline

Comtech Telecommunicatio Headline on 26th of April 2024

Filed transaction by Comtech Telecommunications Corp Officer: Chief Legal Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Mynaric AG Valuation on April 26, 2024

It is possible to determine the worth of Mynaric AG on a given historical date. On April 26, 2024 Mynaric was worth 5.49 at the beginning of the trading date compared to the closed value of 5.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mynaric AG stock. Still, in general, we apply an absolute valuation method to find Mynaric AG'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 Mynaric AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mynaric AG's related companies.
 Open High Low Close Volume
  5.51    5.89    5.40    5.84    2,842  
04/26/2024
  5.49    5.79    5.48    5.79    1,167  
  5.86    5.86    5.20    5.47    3,885  
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Open Value
5.49
5.79
Closing Value
82.18
Upside

Mynaric AG Trading Date Momentum on April 26, 2024

On April 29 2024 Mynaric AG ADR was traded for  5.47  at the closing time. The top price for the day was 5.86  and the lowest listed price was  5.20 . The trading volume for the day was 3.9 K. The trading history from April 29, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 5.53% . The trading delta at closing time against the current closing price is 11.40% .

Mynaric AG ADR Fundamentals Correlations and Trends

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

About Mynaric AG Stock history

Mynaric AG 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 Mynaric is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mynaric AG ADR 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 Mynaric AG stock prices may prove useful in developing a viable investing in Mynaric AG
Mynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. The company was incorporated in 2009 and is headquartered in Gilching, Germany. Mynaric Ag operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 248 people.

Mynaric AG Stock Technical Analysis

Mynaric AG 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, delisted stock market cycles, or different charting patterns.
A focus of Mynaric AG technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mynaric AG 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

Mynaric AG Period Price Range

Low
February 27, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Mynaric AG ADR cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Mynaric AG February 27, 2025 Market Strength

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

Mynaric AG Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mynaric AG's price direction in advance. Along with the technical and fundamental analysis of Mynaric Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mynaric 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mynaric AG ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Other Consideration for investing in Mynaric Stock

If you are still planning to invest in Mynaric AG ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mynaric AG's history and understand the potential risks before investing.
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