Mermeren Kombinat (Greece) Price on December 12, 2024
| MERKO Stock | EUR 40.00 1.60 3.85% |
If you're considering investing in Mermeren Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mermeren Kombinat stands at 40.00, as last reported on the 16th of December 2024, with the highest price reaching 40.00 and the lowest price hitting 40.00 during the day. Mermeren Kombinat has Sharpe Ratio of -0.0225, which conveys that the firm had a -0.0225% return per unit of risk over the last 3 months. Mermeren Kombinat exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mermeren Kombinat's Downside Deviation of 5.81, mean deviation of 1.68, and Risk Adjusted Performance of 0.0195 to check out the risk estimate we provide.
Mermeren Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mermeren |
Sharpe Ratio = -0.0225
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| Negative Returns | MERKO |
Estimated Market Risk
| 3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mermeren Kombinat 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 Mermeren Kombinat by adding Mermeren Kombinat to a well-diversified portfolio.
Mermeren Kombinat Valuation on December 12, 2024
It is possible to determine the worth of Mermeren Kombinat on a given historical date. On December 12, 2024 Mermeren was worth 40.0 at the beginning of the trading date compared to the closed value of 40.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mermeren Kombinat stock. Still, in general, we apply an absolute valuation method to find Mermeren Kombinat'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 Mermeren Kombinat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mermeren Kombinat's related companies.
| Open | High | Low | Close | Volume | |
| 40.00 | 40.00 | 40.00 | 40.00 | 1.00 | |
12/12/2024 | 40.00 | 40.00 | 40.00 | 40.00 | 1.00 |
| 40.00 | 40.00 | 40.00 | 40.00 | 0.00 |
| Backtest Mermeren Kombinat | | | Mermeren Kombinat History | | | Mermeren Kombinat Valuation | Previous | Next |
Mermeren Kombinat Trading Date Momentum on December 12, 2024
| On December 16 2024 Mermeren Kombinat AD was traded for 40.00 at the closing time. The highest price during the trading period was 40.00 and the lowest recorded bid was listed for 40.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Mermeren Kombinat Fundamentals Correlations and Trends
By evaluating Mermeren Kombinat'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 Mermeren Kombinat's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mermeren financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mermeren Kombinat Stock history
Mermeren Kombinat 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 Mermeren is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mermeren Kombinat 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 Mermeren Kombinat stock prices may prove useful in developing a viable investing in Mermeren Kombinat
Mermeren Kombinat AD engages in the mining, processing, and distribution of marble and decorative stones in Macedonia, Greece, China, Hong Kong, Italy, the Balkan region, and internationally. Mermeren Kombinat AD is a subsidiary of Stone Works Holdings Coperatief U.A. MERMEREN KOMBINAT is traded on Athens Stock Exchange in Greece.
Mermeren Kombinat Stock Technical Analysis
Mermeren Kombinat 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
Mermeren Kombinat Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Mermeren Kombinat AD cannot be verified against its exchange. Please verify the symbol is currently traded on Athens 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.
Mermeren Kombinat December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Mermeren Kombinat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mermeren Kombinat shares will generate the highest return on investment. By undertsting and applying Mermeren Kombinat stock market strength indicators, traders can identify Mermeren Kombinat AD entry and exit signals to maximize returns
Mermeren Kombinat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mermeren Kombinat's price direction in advance. Along with the technical and fundamental analysis of Mermeren Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mermeren 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 | 0.0195 | |||
| Jensen Alpha | 0.0113 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1224 |
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Complementary Tools for Mermeren Stock analysis
When running Mermeren Kombinat's price analysis, check to measure Mermeren Kombinat'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 Mermeren Kombinat is operating at the current time. Most of Mermeren Kombinat's value examination focuses on studying past and present price action to predict the probability of Mermeren Kombinat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mermeren Kombinat's price. Additionally, you may evaluate how the addition of Mermeren Kombinat to your portfolios can decrease your overall portfolio volatility.
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