Microchip Technology (Germany) Price on May 11, 2024
MCP Stock | EUR 58.26 0.74 1.25% |
If you're considering investing in Microchip Stock, it is important to understand the factors that can impact its price. As of today, the current price of Microchip Technology stands at 58.26, as last reported on the 12th of December 2024, with the highest price reaching 58.26 and the lowest price hitting 58.26 during the day. Microchip Technology has Sharpe Ratio of -0.0975, which conveys that the firm had a -0.0975% return per unit of risk over the last 3 months. Microchip Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Microchip Technology's Risk Adjusted Performance of (0.05), standard deviation of 2.54, and Mean Deviation of 1.85 to check out the risk estimate we provide.
Microchip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Microchip |
Sharpe Ratio = -0.0975
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Estimated Market Risk
2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Microchip Technology 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 Microchip Technology by adding Microchip Technology to a well-diversified portfolio.
Microchip Technology Valuation on May 11, 2024
It is possible to determine the worth of Microchip Technology on a given historical date. On May 11, 2024 Microchip was worth 83.08 at the beginning of the trading date compared to the closed value of 83.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Microchip Technology stock. Still, in general, we apply an absolute valuation method to find Microchip Technology'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 Microchip Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Microchip Technology's related companies.
Open | High | Low | Close | Volume | |
83.51 | 83.89 | 83.51 | 83.52 | 180.00 | |
05/10/2024 | 83.08 | 83.08 | 83.08 | 83.08 | 1.00 |
83.15 | 83.15 | 83.15 | 83.15 | 1.00 |
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Microchip Technology Trading Date Momentum on May 11, 2024
On May 13 2024 Microchip Technology Incorporated was traded for 83.15 at the closing time. The highest daily price throughout the period was 83.15 and the lowest price was 83.15 . There was no trading activity during the period 1.0. Lack of trading volume on 05/13/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.08% . The trading delta at closing time to current closing price is 3.03% . |
Microchip Technology Fundamentals Correlations and Trends
By evaluating Microchip Technology'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 Microchip Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Microchip financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Microchip Technology Stock history
Microchip Technology 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 Microchip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Microchip Technology 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 Microchip Technology stock prices may prove useful in developing a viable investing in Microchip Technology
Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications in the Americas, Europe, and Asia. Microchip Technology Incorporated was founded in 1989 and is headquartered in Chandler, Arizona. MICROCHIP TECH operates under Semiconductors classification in Germany and is traded on Frankfurt Stock Exchange. It employs 18286 people.
Microchip Technology Stock Technical Analysis
Microchip Technology 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
Microchip Technology Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Microchip Technology Incorporated 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.
Microchip Technology December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Microchip Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Microchip Technology shares will generate the highest return on investment. By undertsting and applying Microchip Technology stock market strength indicators, traders can identify Microchip Technology Incorporated entry and exit signals to maximize returns
Microchip Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Microchip Technology's price direction in advance. Along with the technical and fundamental analysis of Microchip Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Microchip 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 | (0.05) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.60) | |||
Treynor Ratio | (1.82) |
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Volume Indicators |
Complementary Tools for Microchip Stock analysis
When running Microchip Technology's price analysis, check to measure Microchip Technology'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 Microchip Technology is operating at the current time. Most of Microchip Technology's value examination focuses on studying past and present price action to predict the probability of Microchip Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microchip Technology's price. Additionally, you may evaluate how the addition of Microchip Technology to your portfolios can decrease your overall portfolio volatility.
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