Mynaric Ag Adr Stock Price on December 31, 2022
| MYNA Stock | USD 1.39 0.02 1.46% |
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 1.39, as last reported on the 29th of November, with the highest price reaching 1.40 and the lowest price hitting 1.32 during the day. Mynaric AG appears to be abnormally volatile, given 3 months investment horizon. Mynaric AG ADR 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. By analyzing Mynaric AG's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please exercise Mynaric AG's Mean Deviation of 4.61, risk adjusted performance of 0.0891, and Downside Deviation of 5.1 to check out if our risk estimates are consistent with your expectations.
At present, Mynaric AG's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 125 M, whereas Total Stockholder Equity is projected to grow to (46.8 M). . As of November 29, 2024, Price To Sales Ratio is expected to decline to 22.47. The current year's Price Earnings Ratio is expected to grow to -1.3. Mynaric Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mynaric |
Sharpe Ratio = 0.1286
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Estimated Market Risk
| 6.3 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Mynaric AG 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 Mynaric AG by adding it to a well-diversified portfolio.
Price Book 2.2925 | Enterprise Value Ebitda (2.32) | Price Sales 6.5176 | Shares Float 5.6 M | Wall Street Target Price 8.5125 |
Mynaric AG Valuation on December 31, 2022
It is possible to determine the worth of Mynaric AG on a given historical date. On December 31, 2022 Mynaric was worth 3.97 at the beginning of the trading date compared to the closed value of 4.24. 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 | |
| 3.98 | 4.21 | 3.98 | 4.12 | 7,983 | |
12/30/2022 | 3.97 | 4.25 | 3.84 | 4.24 | 4,951 |
| 4.05 | 4.24 | 3.90 | 4.05 | 4,589 |
| Backtest Mynaric AG | | | Mynaric AG History | | | Mynaric AG Valuation | Previous | Next |
Mynaric AG Trading Date Momentum on December 31, 2022
| On January 03 2023 Mynaric AG ADR was traded for 4.05 at the closing time. The top price for the day was 4.24 and the lowest listed price was 3.90 . The trading volume for the day was 4.6 K. The trading history from January 3, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.48% . The trading delta at closing time against the current closing price is 4.95% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6 M | 4 M | |
| Net Loss | -40.8 M | -38.8 M |
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, stock market cycles, or different charting patterns.
Price Boundaries
Mynaric AG Period Price Range
Low | November 29, 2024
| 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 November 29, 2024 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.
| Risk Adjusted Performance | 0.0891 | |||
| Jensen Alpha | 0.5804 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.1036 | |||
| Treynor Ratio | 1.17 |
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| Volume Indicators |
Complementary Tools for Mynaric Stock analysis
When running Mynaric AG's price analysis, check to measure Mynaric AG'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 Mynaric AG is operating at the current time. Most of Mynaric AG's value examination focuses on studying past and present price action to predict the probability of Mynaric AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mynaric AG's price. Additionally, you may evaluate how the addition of Mynaric AG to your portfolios can decrease your overall portfolio volatility.
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