Manila Electric (Philippines) Price on November 22, 2024
| MER Stock | 470.00 4.00 0.84% |
If you're considering investing in Manila Stock, it is important to understand the factors that can impact its price. As of today, the current price of Manila Electric stands at 470.00, as last reported on the 17th of December 2024, with the highest price reaching 474.00 and the lowest price hitting 462.00 during the day. At this point, Manila Electric is very steady. Manila Electric has Sharpe Ratio of 0.0809, which conveys that the firm had a 0.0809% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Manila Electric, which you can use to evaluate the volatility of the firm. Please verify Manila Electric's Mean Deviation of 1.73, risk adjusted performance of 0.0811, and Downside Deviation of 1.77 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
Manila Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Manila |
Sharpe Ratio = 0.0809
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MER | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Manila Electric 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 Manila Electric by adding it to a well-diversified portfolio.
Manila Electric Valuation on November 22, 2024
It is possible to determine the worth of Manila Electric on a given historical date. On November 22, 2024 Manila was worth 494.0 at the beginning of the trading date compared to the closed value of 486.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manila Electric stock. Still, in general, we apply an absolute valuation method to find Manila Electric'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 Manila Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manila Electric's related companies.
| Open | High | Low | Close | Volume | |
| 497.00 | 497.00 | 484.20 | 494.00 | 174,270 | |
11/22/2024 | 494.00 | 494.00 | 486.00 | 486.00 | 119,610 |
| 486.00 | 496.80 | 478.60 | 496.80 | 1,337,370 |
| Backtest Manila Electric | | | Manila Electric History | | | Manila Electric Valuation | Previous | Next |
Manila Electric Trading Date Momentum on November 22, 2024
| On November 25 2024 Manila Electric Co was traded for 496.80 at the closing time. The highest price during the trading period was 496.80 and the lowest recorded bid was listed for 478.60 . The volume for the day was 1.3 M. This history from November 25, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 2.22% . The trading delta at closing time to the current price is 1.23% . |
Manila Electric Fundamentals Correlations and Trends
By evaluating Manila Electric'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 Manila Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Manila financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Manila Electric Stock history
Manila Electric 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 Manila is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Manila Electric 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 Manila Electric stock prices may prove useful in developing a viable investing in Manila Electric
Manila Electric Stock Technical Analysis
Manila Electric 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
Manila Electric Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Manila Electric Co cannot be verified against its exchange. Please verify the symbol is currently traded on Philippine Stock 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.
Manila Electric December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Manila Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manila Electric shares will generate the highest return on investment. By undertsting and applying Manila Electric stock market strength indicators, traders can identify Manila Electric Co entry and exit signals to maximize returns
Manila Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Manila Electric's price direction in advance. Along with the technical and fundamental analysis of Manila Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Manila 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 | 0.0811 | |||
| Jensen Alpha | 0.2462 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0828 | |||
| Treynor Ratio | (0.69) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Manila Stock analysis
When running Manila Electric's price analysis, check to measure Manila Electric'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 Manila Electric is operating at the current time. Most of Manila Electric's value examination focuses on studying past and present price action to predict the probability of Manila Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manila Electric's price. Additionally, you may evaluate how the addition of Manila Electric to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |