MERCEDES BENZ (Germany) Price on December 2, 2024
DAII Stock | EUR 12.80 0.40 3.03% |
If you're considering investing in MERCEDES Stock, it is important to understand the factors that can impact its price. As of today, the current price of MERCEDES BENZ stands at 12.80, as last reported on the 4th of December, with the highest price reaching 12.80 and the lowest price hitting 12.80 during the day. MERCEDES BENZ GRP has Sharpe Ratio of -0.0657, which conveys that the firm had a -0.0657% return per unit of volatility over the last 3 months. MERCEDES BENZ exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MERCEDES BENZ's mean deviation of 1.9, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
MERCEDES Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MERCEDES |
Sharpe Ratio = -0.0657
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Estimated Market Risk
2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MERCEDES BENZ 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 MERCEDES BENZ by adding MERCEDES BENZ to a well-diversified portfolio.
MERCEDES BENZ Valuation on December 2, 2024
It is possible to determine the worth of MERCEDES BENZ on a given historical date. On December 2, 2024 MERCEDES was worth 13.5 at the beginning of the trading date compared to the closed value of 13.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MERCEDES BENZ stock. Still, in general, we apply an absolute valuation method to find MERCEDES BENZ'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 MERCEDES BENZ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MERCEDES BENZ's related companies.
Open | High | Low | Close | Volume | |
12.90 | 12.90 | 12.90 | 12.90 | 55.00 | |
12/02/2024 | 13.50 | 13.50 | 13.20 | 13.20 | 14.00 |
12.80 | 12.80 | 12.80 | 12.80 | 14.00 |
Backtest MERCEDES BENZ | | | MERCEDES BENZ History | | | MERCEDES BENZ Valuation | Previous | Next |
MERCEDES BENZ Trading Date Momentum on December 2, 2024
On December 03 2024 MERCEDES BENZ GRP ADR14 was traded for 12.80 at the closing time. The maximum traded price for the trading interval was 12.80 and the lowest daily price was 12.80 . The daily volume was recorded at 14.0. The volume of trading on 3rd of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.03% . The trading delta at closing time to the closing price today is 3.03% . |
MERCEDES BENZ GRP Fundamentals Correlations and Trends
By evaluating MERCEDES BENZ'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 MERCEDES BENZ's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MERCEDES financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MERCEDES BENZ Stock history
MERCEDES BENZ 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 MERCEDES is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MERCEDES BENZ GRP 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 MERCEDES BENZ stock prices may prove useful in developing a viable investing in MERCEDES BENZ
Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. Daimler AG was founded in 1886 and is headquartered in Stuttgart, Germany DAIMLER AG operates under Auto Manufacturers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 289643 people.
MERCEDES BENZ Stock Technical Analysis
MERCEDES BENZ 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
MERCEDES BENZ Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
MERCEDES BENZ GRP ADR14 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.
MERCEDES BENZ December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how MERCEDES BENZ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MERCEDES BENZ shares will generate the highest return on investment. By undertsting and applying MERCEDES BENZ stock market strength indicators, traders can identify MERCEDES BENZ GRP ADR14 entry and exit signals to maximize returns
MERCEDES BENZ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MERCEDES BENZ's price direction in advance. Along with the technical and fundamental analysis of MERCEDES Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MERCEDES 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 | (0.06) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | 1.09 |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for MERCEDES Stock analysis
When running MERCEDES BENZ's price analysis, check to measure MERCEDES BENZ'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 MERCEDES BENZ is operating at the current time. Most of MERCEDES BENZ's value examination focuses on studying past and present price action to predict the probability of MERCEDES BENZ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MERCEDES BENZ's price. Additionally, you may evaluate how the addition of MERCEDES BENZ to your portfolios can decrease your overall portfolio volatility.
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