Mgo Global Common Stock Technical Analysis
| MGOL Stock | 2.35 0.04 1.67% |
As of the 26th of November, MGO Global secures the risk adjusted performance of (0.08), and Mean Deviation of 4.12. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MGO Global Common, as well as the relationship between them. Please verify MGO Global Common information ratio and skewness to decide if MGO Global Common is priced more or less accurately, providing market reflects its recent price of 2.35 per share. Please also check out MGO Global jensen alpha, which is currently at (0.66) to check the company can sustain itself at some point in the future.
MGO Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MGO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MGOMGO |
MGO Global 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.
MGO Global Common Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of MGO Global Common volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MGO Global Common Trend Analysis
Use this graph to draw trend lines for MGO Global Common. You can use it to identify possible trend reversals for MGO Global as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual MGO Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MGO Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MGO Global Common applied against its price change over selected period. The best fit line has a slop of 0.0041 , which may suggest that MGO Global Common market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.64, which is the sum of squared deviations for the predicted MGO Global price change compared to its average price change.About MGO Global Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of MGO Global Common on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of MGO Global Common based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MGO Global Common price pattern first instead of the macroeconomic environment surrounding MGO Global Common. By analyzing MGO Global's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of MGO Global's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to MGO Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 1.44 | 0.52 | 8.26 | 8.68 | Days Of Inventory On Hand | 63.63 | 75.18 | 80.56 | 112.38 |
MGO Global November 26, 2024 Technical Indicators
Most technical analysis of MGO help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MGO from various momentum indicators to cycle indicators. When you analyze MGO charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (2.14) | |||
| Mean Deviation | 4.12 | |||
| Coefficient Of Variation | (884.36) | |||
| Standard Deviation | 5.43 | |||
| Variance | 29.5 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (1.47) | |||
| Treynor Ratio | (2.15) | |||
| Maximum Drawdown | 26.48 | |||
| Value At Risk | (8.78) | |||
| Potential Upside | 7.69 | |||
| Skewness | 0.8199 | |||
| Kurtosis | 1.65 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGO Global Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGO Global. If investors know MGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGO Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.56) | Revenue Per Share 3.655 | Quarterly Revenue Growth (0.17) | Return On Assets (1.55) | Return On Equity (3.12) |
The market value of MGO Global Common is measured differently than its book value, which is the value of MGO that is recorded on the company's balance sheet. Investors also form their own opinion of MGO Global's value that differs from its market value or its book value, called intrinsic value, which is MGO Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGO Global's market value can be influenced by many factors that don't directly affect MGO Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGO Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGO Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGO Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.