Manila Electric (Philippines) Price on December 28, 2023

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 0.0815, which conveys that the firm had a 0.0815% 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 Downside Deviation of 1.77, risk adjusted performance of 0.0811, and Mean Deviation of 1.73 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.

Sharpe Ratio = 0.0815

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsMER
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.23
  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 December 28, 2023

It is possible to determine the worth of Manila Electric on a given historical date. On December 28, 2023 Manila was worth 371.32 at the beginning of the trading date compared to the closed value of 376.04. 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
  366.60    371.32    363.00    371.32    122,920  
12/28/2023
  371.32    376.04    369.05    376.04    290,820  
  375.67    376.99    371.51    376.99    222,500  
Backtest Manila Electric  |  Manila Electric History  |  Manila Electric Valuation   PreviousNext  
Open Value
371.32
364.63
Downside
376.04
Closing Value
378.01
Upside

Manila Electric Trading Date Momentum on December 28, 2023

On December 29 2023 Manila Electric Co was traded for  376.99  at the closing time. The highest price during the trading period was 376.99  and the lowest recorded bid was listed for  371.51 . The volume for the day was 222.5 K. This history from December 29, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.25% . The trading delta at closing time to the current price is 0.00% .

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.
A focus of Manila Electric technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Manila Electric trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Manila Electric Period Price Range

Low
December 17, 2024
0.00  NaN%
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.

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.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Bonds Directory
Find actively traded corporate debentures issued by US companies
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio