MCEWEN MINING (Germany) Price on July 15, 2024
| US8 Stock | 8.20 0.25 3.14% |
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 8.20, as last reported on the 26th of November, with the highest price reaching 8.45 and the lowest price hitting 8.15 during the day. At this point, MCEWEN MINING is slightly risky. MCEWEN MINING INC has Sharpe Ratio of 0.0142, which conveys that the company had a 0.0142% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MCEWEN MINING, which you can use to evaluate the volatility of the entity. Please verify MCEWEN MINING's Mean Deviation of 2.49, semi deviation of 3.19, and Downside Deviation of 3.49 to check out if the risk estimate we provide is consistent with the expected return of 0.0485%.
MCEWEN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MCEWEN |
Sharpe Ratio = 0.0142
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| Negative Returns | US8 |
Estimated Market Risk
| 3.42 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average MCEWEN MINING is performing at about 1% 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 July 15, 2024
It is possible to determine the worth of MCEWEN MINING on a given historical date. On July 15, 2024 MCEWEN was worth 9.3 at the beginning of the trading date compared to the closed value of 9.3. 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 | |
| 9.40 | 9.40 | 9.40 | 9.40 | 100.00 | |
07/15/2024 | 9.30 | 9.30 | 9.30 | 9.30 | 34.00 |
| 9.25 | 9.25 | 9.25 | 9.25 | 34.00 |
| Backtest MCEWEN MINING | | | MCEWEN MINING History | | | MCEWEN MINING Valuation | Previous | Next |
MCEWEN MINING Trading Date Momentum on July 15, 2024
| On July 16 2024 MCEWEN MINING INC was traded for 9.25 at the closing time. The highest daily price throughout the period was 9.25 and the lowest price was 9.25 . The daily volume was 34.0. The net trading volume on 07/16/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.54% . The trading delta at closing time to current closing price is 10.75% . |
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 INC 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 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 26, 2024
| High |
0.00 | 0.00 |
MCEWEN MINING INC cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 26, 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 INC 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 | 0.0082 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.01) |
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| Volume Indicators |
Complementary 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.
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