Old Mutual (South Africa) Price on November 29, 2024
| OMU Stock | 1,269 1.00 0.08% |
If you're considering investing in Old Stock, it is important to understand the factors that can impact its price. As of today, the current price of Old Mutual stands at 1,269, as last reported on the 29th of November, with the highest price reaching 1,278 and the lowest price hitting 1,254 during the day. At this point, Old Mutual is very steady. Old Mutual maintains Sharpe Ratio (i.e., Efficiency) of 0.0376, which implies the firm had a 0.0376% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Old Mutual, which you can use to evaluate the volatility of the company. Please check Old Mutual's Coefficient Of Variation of 5224.26, semi deviation of 1.15, and Risk Adjusted Performance of 0.0187 to confirm if the risk estimate we provide is consistent with the expected return of 0.0483%.
Old Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Old |
Sharpe Ratio = 0.0376
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| Negative Returns | OMU |
Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Old Mutual is performing at about 2% 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 Old Mutual by adding it to a well-diversified portfolio.
Old Mutual Valuation on November 29, 2024
It is possible to determine the worth of Old Mutual on a given historical date. On November 29, 2024 Old was worth 1267.0 at the beginning of the trading date compared to the closed value of 1269.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Old Mutual stock. Still, in general, we apply an absolute valuation method to find Old Mutual'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 Old Mutual where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Old Mutual's related companies.
| Open | High | Low | Close | Volume | |
| 1,275 | 1,283 | 1,270 | 1,270 | 7,256,850 | |
11/29/2024 | 1,267 | 1,278 | 1,254 | 1,269 | 9,770,889 |
| Backtest Old Mutual | | | Old Mutual History | | | Old Mutual Valuation | Previous |
Old Mutual Trading Date Momentum on November 29, 2024
| On November 29 2024 Old Mutual was traded for 1,269 at the closing time. The highest price during the trading period was 1,278 and the lowest recorded bid was listed for 1,254 . The volume for the day was 9.8 M. This history from November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 0.16% . |
Old Mutual Fundamentals Correlations and Trends
By evaluating Old Mutual'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 Old Mutual's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Old financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Old Mutual Stock history
Old Mutual 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 Old is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Old Mutual 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 Old Mutual stock prices may prove useful in developing a viable investing in Old Mutual
Old Mutual Stock Technical Analysis
Old Mutual 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
Old Mutual Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Old Mutual cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Old Mutual November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Old Mutual stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Old Mutual shares will generate the highest return on investment. By undertsting and applying Old Mutual stock market strength indicators, traders can identify Old Mutual entry and exit signals to maximize returns
Old Mutual Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Old Mutual's price direction in advance. Along with the technical and fundamental analysis of Old Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Old 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 | 0.0187 | |||
| Jensen Alpha | 0.011 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.47 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Old Stock analysis
When running Old Mutual's price analysis, check to measure Old Mutual'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 Old Mutual is operating at the current time. Most of Old Mutual's value examination focuses on studying past and present price action to predict the probability of Old Mutual's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Mutual's price. Additionally, you may evaluate how the addition of Old Mutual to your portfolios can decrease your overall portfolio volatility.
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