Millenium Hotels (Spain) Price on December 2, 2024
| YMHRE Stock | 2.54 0.14 5.22% |
If you're considering investing in Millenium Stock, it is important to understand the factors that can impact its price. As of today, the current price of Millenium Hotels stands at 2.54, as last reported on the 11th of December 2024, with the highest price reaching 2.56 and the lowest price hitting 2.54 during the day. Millenium Hotels Real has Sharpe Ratio of -0.0493, which conveys that the firm had a -0.0493% return per unit of risk over the last 3 months. Millenium Hotels exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Millenium Hotels' Mean Deviation of 2.08, risk adjusted performance of (0.03), and Standard Deviation of 6.47 to check out the risk estimate we provide.
Millenium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Millenium |
Sharpe Ratio = -0.0493
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Estimated Market Risk
| 6.58 actual daily | 58 58% of assets are less volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Millenium Hotels 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 Millenium Hotels by adding Millenium Hotels to a well-diversified portfolio.
Millenium Hotels Valuation on December 2, 2024
It is possible to determine the worth of Millenium Hotels on a given historical date. On December 2, 2024 Millenium was worth 2.76 at the beginning of the trading date compared to the closed value of 2.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Millenium Hotels stock. Still, in general, we apply an absolute valuation method to find Millenium Hotels' 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 Millenium Hotels where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Millenium Hotels' related companies.
| Open | High | Low | Close | Volume | |
| 2.72 | 2.74 | 2.72 | 2.74 | 6,581 | |
12/02/2024 | 2.76 | 2.76 | 2.72 | 2.72 | 3,144 |
| 2.70 | 2.70 | 2.70 | 2.70 | 989.00 |
| Backtest Millenium Hotels | | | Millenium Hotels History | Previous | Next |
Millenium Hotels Trading Date Momentum on December 2, 2024
| On December 03 2024 Millenium Hotels Real was traded for 2.70 at the closing time. The highest price during the trading period was 2.70 and the lowest recorded bid was listed for 2.70 . The volume for the day was 989. This history from December 3, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.74% . The trading delta at closing time to the current price is 5.88% . |
Price Boundaries
Millenium Hotels Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Millenium Hotels Real cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Millenium Hotels December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Millenium Hotels stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Millenium Hotels shares will generate the highest return on investment. By undertsting and applying Millenium Hotels stock market strength indicators, traders can identify Millenium Hotels Real entry and exit signals to maximize returns
Millenium Hotels Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Millenium Hotels' price direction in advance. Along with the technical and fundamental analysis of Millenium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Millenium 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.