Bank Millennium (Poland) Price on September 26, 2024
| MIL Stock | 8.88 0.02 0.22% |
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank Millennium stands at 8.88, as last reported on the 10th of December, with the highest price reaching 8.99 and the lowest price hitting 8.73 during the day. Currently, Bank Millennium SA is not too volatile. Bank Millennium SA secures Sharpe Ratio (or Efficiency) of 0.0372, which signifies that the company had a 0.0372% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank Millennium SA, which you can use to evaluate the volatility of the firm. Please confirm Bank Millennium's Downside Deviation of 1.94, risk adjusted performance of 0.0134, and Mean Deviation of 1.59 to double-check if the risk estimate we provide is consistent with the expected return of 0.0777%.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.0372
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| Cash | Small Risk | MIL | High Risk | Huge Risk |
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Bank Millennium 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 Bank Millennium by adding it to a well-diversified portfolio.
Bank Millennium Valuation on September 26, 2024
It is possible to determine the worth of Bank Millennium on a given historical date. On September 26, 2024 Bank was worth 8.85 at the beginning of the trading date compared to the closed value of 8.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank Millennium stock. Still, in general, we apply an absolute valuation method to find Bank Millennium'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 Bank Millennium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank Millennium's related companies.
| Open | High | Low | Close | Volume | |
| 8.97 | 8.97 | 8.61 | 8.73 | 450,606 | |
09/26/2024 | 8.85 | 8.95 | 8.78 | 8.87 | 387,613 |
| 8.87 | 8.87 | 8.71 | 8.77 | 360,727 |
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Bank Millennium Trading Date Momentum on September 26, 2024
| On September 27 2024 Bank Millennium SA was traded for 8.77 at the closing time. The highest price during the trading period was 8.87 and the lowest recorded bid was listed for 8.71 . The volume for the day was 360.7 K. This history from September 27, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.13% . The overall trading delta to the current price is 8.23% . |
Bank Millennium SA Fundamentals Correlations and Trends
By evaluating Bank Millennium'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 Bank Millennium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank Millennium Stock history
Bank Millennium 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank Millennium SA 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 Bank Millennium stock prices may prove useful in developing a viable investing in Bank Millennium
Bank Millennium Stock Technical Analysis
Bank Millennium 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
Bank Millennium Period Price Range
Low | December 10, 2024
| High |
0.00 | 0.00 |
Bank Millennium SA cannot be verified against its exchange. Please verify the symbol is currently traded on Warsaw 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.
Bank Millennium December 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank Millennium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank Millennium shares will generate the highest return on investment. By undertsting and applying Bank Millennium stock market strength indicators, traders can identify Bank Millennium SA entry and exit signals to maximize returns
Bank Millennium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank Millennium's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 | 0.0134 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0168 |
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Additional Tools for Bank Stock Analysis
When running Bank Millennium's price analysis, check to measure Bank Millennium'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 Bank Millennium is operating at the current time. Most of Bank Millennium's value examination focuses on studying past and present price action to predict the probability of Bank Millennium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Millennium's price. Additionally, you may evaluate how the addition of Bank Millennium to your portfolios can decrease your overall portfolio volatility.