Mkango Resources (UK) Price History
| MKA Stock | 7.90 0.35 4.24% |
Below is the normalized historical share price chart for Mkango Resources extending back to June 15, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mkango Resources stands at 7.90, as last reported on the 11th of December 2024, with the highest price reaching 8.05 and the lowest price hitting 7.82 during the day.
If you're considering investing in Mkango Stock, it is important to understand the factors that can impact its price. Mkango Resources appears to be relatively risky, given 3 months investment horizon. Mkango Resources has Sharpe Ratio of 0.0834, which conveys that the firm had a 0.0834% return per unit of risk over the last 3 months. By analyzing Mkango Resources' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise Mkango Resources' Risk Adjusted Performance of 0.0782, mean deviation of 3.96, and Downside Deviation of 5.38 to check out if our risk estimates are consistent with your expectations.
At present, Mkango Resources' Common Stock Shares Outstanding 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 9.8 M, whereas Common Stock Total Equity is forecasted to decline to about 11.6 M. . Mkango Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.322 | 50 Day MA 6.613 | Beta 2.243 |
Mkango |
Sharpe Ratio = 0.0834
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MKA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.13 actual daily | 54 54% of assets are less volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Mkango Resources is performing at about 6% 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 Mkango Resources by adding it to a well-diversified portfolio.
Price Book 9.7682 | Book Value 0.01 | Enterprise Value 24.7 M | Enterprise Value Ebitda (3.73) | Shares Float 175.8 M |
Mkango Resources Stock Price History Chart
There are several ways to analyze Mkango Stock price data. The simplest method is using a basic Mkango candlestick price chart, which shows Mkango Resources price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | November 28, 2024 | 9.3 |
| Lowest Price | September 25, 2024 | 5.25 |
Mkango Resources December 11, 2024 Stock Price Synopsis
Various analyses of Mkango Resources' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mkango Stock. It can be used to describe the percentage change in the price of Mkango Resources from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mkango Stock.| Mkango Resources Accumulation Distribution | 4,882 | |
| Mkango Resources Price Rate Of Daily Change | 0.96 | |
| Mkango Resources Price Daily Balance Of Power | (1.52) | |
| Mkango Resources Price Action Indicator | (0.21) |
Mkango Resources December 11, 2024 Stock Price Analysis
Mkango Stock Price History Data
The price series of Mkango Resources for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 has a statistical range of 4.05 with a coefficient of variation of 16.78. The daily prices for the period are spread out with arithmetic mean of 6.43. The median price for the last 90 days is 6.25. The company underwent 1:3 stock split on 15th of June 2016.| Open | High | Low | Close | Volume | ||
| 12/11/2024 | 8.05 | 8.05 | 7.82 | 7.90 | 170,857 | |
| 12/10/2024 | 8.00 | 8.25 | 7.87 | 8.25 | 434,189 | |
| 12/09/2024 | 8.35 | 8.50 | 7.80 | 8.00 | 1,061,478 | |
| 12/06/2024 | 8.66 | 8.66 | 8.16 | 8.35 | 867,382 | |
| 12/05/2024 | 8.55 | 8.89 | 8.40 | 8.80 | 998,138 | |
| 12/04/2024 | 8.70 | 9.00 | 8.43 | 8.50 | 519,911 | |
| 12/03/2024 | 8.75 | 8.85 | 8.44 | 8.50 | 2,071,565 | |
| 12/02/2024 | 9.30 | 9.39 | 8.65 | 8.75 | 1,056,903 | |
| 11/29/2024 | 9.25 | 9.67 | 9.22 | 9.30 | 3,597,809 | |
| 11/28/2024 | 9.15 | 10.50 | 9.00 | 9.30 | 5,774,614 | |
| 11/27/2024 | 7.75 | 9.50 | 7.74 | 9.15 | 6,935,641 | |
| 11/26/2024 | 7.95 | 8.34 | 7.16 | 7.75 | 4,516,645 | |
| 11/25/2024 | 6.23 | 8.26 | 6.23 | 7.95 | 7,502,915 | |
| 11/22/2024 | 5.95 | 6.39 | 5.83 | 6.20 | 340,069 | |
| 11/21/2024 | 5.95 | 6.17 | 5.82 | 6.00 | 149,989 | |
| 11/20/2024 | 6.00 | 6.20 | 5.77 | 5.95 | 571,011 | |
| 11/19/2024 | 6.00 | 6.03 | 5.74 | 5.85 | 557,281 | |
| 11/18/2024 | 6.23 | 6.23 | 5.73 | 5.95 | 1,402,768 | |
| 11/15/2024 | 6.50 | 6.50 | 6.10 | 6.30 | 116,908 | |
| 11/14/2024 | 6.50 | 6.65 | 6.33 | 6.50 | 77,940 | |
| 11/13/2024 | 6.75 | 6.88 | 6.35 | 6.50 | 210,965 | |
| 11/12/2024 | 6.50 | 7.00 | 6.20 | 6.75 | 1,455,306 | |
| 11/11/2024 | 6.75 | 6.77 | 6.35 | 6.50 | 198,485 | |
| 11/08/2024 | 7.00 | 7.13 | 6.50 | 6.75 | 489,493 | |
| 11/07/2024 | 7.35 | 7.70 | 7.00 | 7.25 | 552,391 | |
| 11/06/2024 | 6.79 | 7.95 | 6.79 | 7.35 | 3,239,334 | |
| 11/05/2024 | 6.75 | 7.00 | 6.50 | 6.75 | 1,020,286 | |
| 11/04/2024 | 6.45 | 7.00 | 6.45 | 6.75 | 755,131 | |
| 11/01/2024 | 6.25 | 6.44 | 6.06 | 6.25 | 854,069 | |
| 10/31/2024 | 6.25 | 6.50 | 6.13 | 6.25 | 365,859 | |
| 10/30/2024 | 6.10 | 6.50 | 6.03 | 6.25 | 250,494 | |
| 10/29/2024 | 6.25 | 6.46 | 5.90 | 6.25 | 940,738 | |
| 10/28/2024 | 6.25 | 6.25 | 6.01 | 6.25 | 158,648 | |
| 10/25/2024 | 6.00 | 6.50 | 6.00 | 6.25 | 1,140,923 | |
| 10/24/2024 | 5.65 | 5.94 | 5.59 | 5.75 | 348,227 | |
| 10/23/2024 | 6.00 | 6.50 | 5.62 | 5.65 | 284,480 | |
| 10/22/2024 | 6.00 | 6.17 | 5.77 | 6.00 | 40,511 | |
| 10/21/2024 | 6.00 | 6.45 | 5.68 | 6.00 | 518,152 | |
| 10/18/2024 | 5.50 | 6.00 | 5.21 | 5.75 | 523,268 | |
| 10/17/2024 | 5.50 | 5.68 | 5.50 | 5.50 | 5,475 | |
| 10/16/2024 | 5.35 | 5.62 | 5.00 | 5.35 | 348,658 | |
| 10/15/2024 | 5.35 | 5.58 | 5.31 | 5.35 | 215,714 | |
| 10/14/2024 | 5.50 | 5.70 | 5.19 | 5.45 | 432,174 | |
| 10/11/2024 | 6.13 | 6.13 | 5.35 | 5.50 | 706,426 | |
| 10/10/2024 | 6.03 | 6.50 | 6.03 | 6.25 | 620,298 | |
| 10/09/2024 | 6.00 | 6.50 | 6.00 | 6.00 | 22,939 | |
| 10/08/2024 | 5.25 | 6.00 | 5.02 | 6.00 | 1,355,727 | |
| 10/07/2024 | 5.50 | 6.00 | 5.00 | 5.25 | 632,510 | |
| 10/04/2024 | 5.50 | 5.78 | 5.00 | 5.50 | 174,653 | |
| 10/03/2024 | 5.50 | 5.85 | 5.27 | 5.50 | 277,660 | |
| 10/02/2024 | 5.50 | 6.00 | 5.01 | 5.25 | 491,383 | |
| 10/01/2024 | 5.50 | 5.73 | 5.00 | 5.50 | 53,700 | |
| 09/30/2024 | 5.50 | 6.00 | 5.50 | 5.50 | 20,829 | |
| 09/27/2024 | 5.50 | 5.61 | 5.00 | 5.50 | 491,013 | |
| 09/26/2024 | 5.50 | 6.00 | 5.12 | 5.50 | 634,873 | |
| 09/25/2024 | 5.75 | 6.00 | 5.21 | 5.25 | 182,111 | |
| 09/24/2024 | 5.75 | 6.25 | 5.52 | 5.75 | 1,233,185 | |
| 09/23/2024 | 5.50 | 6.00 | 5.50 | 5.75 | 788,603 | |
| 09/20/2024 | 5.50 | 5.79 | 5.36 | 5.50 | 701,825 | |
| 09/19/2024 | 5.75 | 5.78 | 5.25 | 5.50 | 393,442 | |
| 09/18/2024 | 5.80 | 5.88 | 5.51 | 5.75 | 515,352 |
About Mkango Resources Stock history
Mkango Resources 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 Mkango is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mkango Resources 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 Mkango Resources stock prices may prove useful in developing a viable investing in Mkango Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 238.8 M | 250.7 M | |
| Net Loss | -5.4 M | -5.1 M |
Mkango Resources Stock Technical Analysis
Mkango Resources 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.
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Mkango Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mkango Resources' price direction in advance. Along with the technical and fundamental analysis of Mkango Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mkango 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 | 0.0782 | |||
| Jensen Alpha | 0.4693 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0863 | |||
| Treynor Ratio | 0.603 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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When running Mkango Resources' price analysis, check to measure Mkango Resources' 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 Mkango Resources is operating at the current time. Most of Mkango Resources' value examination focuses on studying past and present price action to predict the probability of Mkango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mkango Resources' price. Additionally, you may evaluate how the addition of Mkango Resources to your portfolios can decrease your overall portfolio volatility.
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