MIC Electronics (India) Price on November 14, 2024
| MICEL Stock | 84.05 0.27 0.32% |
Below is the normalized historical share price chart for MIC Electronics Limited extending back to May 30, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MIC Electronics stands at 84.05, as last reported on the 29th of November, with the highest price reaching 85.80 and the lowest price hitting 83.71 during the day.
If you're considering investing in MIC Stock, it is important to understand the factors that can impact its price. As of now, MIC Stock is very steady. MIC Electronics retains Efficiency (Sharpe Ratio) of 0.0375, which conveys that the firm had a 0.0375% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for MIC Electronics, which you can use to evaluate the volatility of the firm. Please verify MIC Electronics' Mean Deviation of 2.55, semi deviation of 2.76, and Market Risk Adjusted Performance of 0.0942 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, MIC Electronics' Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 267.4 M, while Liabilities And Stockholders Equity is likely to drop about 1.3 B. . MIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 69.985 | 50 Day MA 92.4822 | Beta 2.107 |
MIC |
Sharpe Ratio = 0.0375
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| Cash | Small Risk | MICEL | High Risk | Huge Risk |
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Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average MIC Electronics is performing at about 2% 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 MIC Electronics by adding it to a well-diversified portfolio.
Price Book 9.3799 | Book Value 5.508 | Enterprise Value 20.6 B | Enterprise Value Ebitda 132.5765 | Price Sales 34.5949 |
MIC Electronics Valuation on November 14, 2024
It is possible to determine the worth of MIC Electronics on a given historical date. On November 14, 2024 MIC was worth 84.0 at the beginning of the trading date compared to the closed value of 85.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MIC Electronics stock. Still, in general, we apply an absolute valuation method to find MIC Electronics' 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 MIC Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MIC Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 89.98 | 89.98 | 84.17 | 84.85 | 632,679 | |
11/14/2024 | 84.00 | 87.95 | 83.01 | 85.46 | 384,086 |
| 86.60 | 86.60 | 82.91 | 84.02 | 324,591 |
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MIC Electronics Trading Date Momentum on November 14, 2024
| On November 18 2024 MIC Electronics Limited was traded for 84.02 at the closing time. The highest price during the trading period was 86.60 and the lowest recorded bid was listed for 82.91 . The volume for the day was 324.6 K. This history from November 18, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.68% . The trading delta at closing time to the current price is 0.48% . |
MIC Electronics Fundamentals Correlations and Trends
By evaluating MIC Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MIC Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MIC Electronics Stock history
MIC Electronics 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 MIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MIC Electronics 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 MIC Electronics stock prices may prove useful in developing a viable investing in MIC Electronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 254.7 M | 267.4 M | |
| Net Income Applicable To Common Shares | 2.3 M | 2.4 M |
MIC Electronics Stock Technical Analysis
MIC Electronics 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
MIC Electronics Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
MIC Electronics Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
MIC Electronics November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how MIC Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MIC Electronics shares will generate the highest return on investment. By undertsting and applying MIC Electronics stock market strength indicators, traders can identify MIC Electronics Limited entry and exit signals to maximize returns
MIC Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MIC Electronics' price direction in advance. Along with the technical and fundamental analysis of MIC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MIC 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 | 0.0302 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0842 |
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Other Information on Investing in MIC Stock
MIC Electronics financial ratios help investors to determine whether MIC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MIC with respect to the benefits of owning MIC Electronics security.