SP Global (Germany) Price on January 8, 2024
MHL Stock | EUR 464.95 5.40 1.15% |
If you're considering investing in MHL Stock, it is important to understand the factors that can impact its price. As of today, the current price of SP Global stands at 464.95, as last reported on the 23rd of December, with the highest price reaching 466.30 and the lowest price hitting 464.95 during the day. SP Global retains Efficiency (Sharpe Ratio) of -0.0061, which indicates the firm had a -0.0061% return per unit of price deviation over the last 3 months. SP Global exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SP Global's Risk Adjusted Performance of 0.0069, mean deviation of 0.9895, and Downside Deviation of 1.23 to confirm the risk estimate we provide.
MHL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MHL |
Sharpe Ratio = -0.0061
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Estimated Market Risk
1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SP Global 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 SP Global by adding SP Global to a well-diversified portfolio.
SP Global Valuation on January 8, 2024
It is possible to determine the worth of SP Global on a given historical date. On January 8, 2024 MHL was worth 386.15 at the beginning of the trading date compared to the closed value of 389.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SP Global stock. Still, in general, we apply an absolute valuation method to find SP Global'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 SP Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SP Global's related companies.
Open | High | Low | Close | Volume | |
387.74 | 387.74 | 386.75 | 386.75 | 4.00 | |
01/08/2024 | 386.15 | 389.72 | 386.15 | 389.72 | 10.00 |
389.13 | 389.13 | 389.13 | 389.13 | 1.00 |
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SP Global Trading Date Momentum on January 8, 2024
On January 09 2024 SP Global was traded for 389.13 at the closing time. The highest daily price throughout the period was 389.13 and the lowest price was 389.13 . There was no trading activity during the period 1.0. Lack of trading volume on 01/09/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.15% . The trading price change to current closing price is 1.60% . |
SP Global Fundamentals Correlations and Trends
By evaluating SP Global'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 SP Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MHL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SP Global Stock history
SP Global 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 MHL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SP Global 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 SP Global stock prices may prove useful in developing a viable investing in SP Global
SP Global Inc., together with its subsidiaries, provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. SP Global Inc. was founded in 1860 and is headquartered in New York, New York. SP GLOBAL operates under Capital Markets classification in Germany and is traded on Frankfurt Stock Exchange. It employs 21000 people.
SP Global Stock Technical Analysis
SP Global 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
SP Global Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
SP Global 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.
SP Global December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how SP Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SP Global shares will generate the highest return on investment. By undertsting and applying SP Global stock market strength indicators, traders can identify SP Global entry and exit signals to maximize returns
SP Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SP Global's price direction in advance. Along with the technical and fundamental analysis of MHL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MHL 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 | 0.0069 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0.01) |
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Pattern Recognition | ||
Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
Complementary Tools for MHL Stock analysis
When running SP Global's price analysis, check to measure SP Global'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 SP Global is operating at the current time. Most of SP Global's value examination focuses on studying past and present price action to predict the probability of SP Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Global's price. Additionally, you may evaluate how the addition of SP Global to your portfolios can decrease your overall portfolio volatility.
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