McEwen Mining (UK) Price on July 22, 2024
0JZT Stock | 8.11 0.23 2.92% |
Below is the normalized historical share price chart for McEwen Mining extending back to February 28, 2018. 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 McEwen Mining stands at 8.11, as last reported on the 22nd of December, with the highest price reaching 8.17 and the lowest price hitting 7.84 during the day.
If you're considering investing in McEwen Stock, it is important to understand the factors that can impact its price. McEwen Mining has Sharpe Ratio of -0.044, which conveys that the firm had a -0.044% return per unit of risk over the last 3 months. McEwen Mining exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify McEwen Mining's mean deviation of 2.47, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
At this time, McEwen Mining's Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 1.2 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 400.8 M in 2024. . McEwen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.2547 | 50 Day MA 6.8513 | Beta 1.438 |
McEwen |
Sharpe Ratio = -0.044
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Negative Returns | 0JZT |
Estimated Market Risk
3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average McEwen Mining 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 McEwen Mining by adding McEwen Mining to a well-diversified portfolio.
Book Value 9.487 | Enterprise Value 436.1 M | Price Sales 14.8566 | Shares Float 44.6 M | Shares Outstanding 337.3 M |
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McEwen Mining Valuation on July 22, 2024
It is possible to determine the worth of McEwen Mining on a given historical date. On July 22, 2024 McEwen was worth 9.28 at the beginning of the trading date compared to the closed value of 9.32. 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 | |
9.37 | 9.50 | 9.30 | 9.43 | 11,108 | |
07/22/2024 | 9.28 | 9.35 | 9.19 | 9.32 | 955.00 |
9.25 | 9.44 | 9.25 | 9.29 | 321.00 |
Backtest McEwen Mining | | | McEwen Mining History | | | McEwen Mining Valuation | Previous | Next |
McEwen Mining Trading Date Momentum on July 22, 2024
On July 23 2024 McEwen Mining was traded for 9.29 at the closing time. The highest price during the trading period was 9.44 and the lowest recorded bid was listed for 9.25 . The volume for the day was 321. This history from July 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.32% . The trading delta at closing time to the current price is 1.39% . |
McEwen Mining Fundamentals Correlations and Trends
By evaluating McEwen Mining'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 McEwen Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. McEwen financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 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
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 47.5 M | 39.2 M | |
Net Loss | -73 M | -76.6 M |
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 | December 22, 2024
| High |
0.00 | 0.00 |
McEwen Mining cannot be verified against its exchange. Please verify the symbol is currently traded on London 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 December 22, 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 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 | (0.03) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | (1.07) |
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Additional 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.