Mirvac (Germany) Price on October 24, 2024
MJB Stock | EUR 1.14 0.04 3.39% |
If you're considering investing in Mirvac Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mirvac stands at 1.14, as last reported on the 18th of December 2024, with the highest price reaching 1.14 and the lowest price hitting 1.14 during the day. Mirvac Group has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Mirvac exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mirvac's Risk Adjusted Performance of (0.11), mean deviation of 1.14, and Standard Deviation of 1.44 to check out the risk estimate we provide.
Mirvac Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mirvac |
Sharpe Ratio = -0.174
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Estimated Market Risk
1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mirvac 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 Mirvac by adding Mirvac to a well-diversified portfolio.
Mirvac Valuation on October 24, 2024
It is possible to determine the worth of Mirvac on a given historical date. On October 24, 2024 Mirvac was worth 1.32 at the beginning of the trading date compared to the closed value of 1.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mirvac stock. Still, in general, we apply an absolute valuation method to find Mirvac'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 Mirvac where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mirvac's related companies.
Open | High | Low | Close | Volume | |
1.34 | 1.34 | 1.34 | 1.34 | 2,000 | |
10/24/2024 | 1.32 | 1.32 | 1.32 | 1.32 | 1.00 |
1.31 | 1.31 | 1.31 | 1.31 | 1.00 |
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Mirvac Trading Date Momentum on October 24, 2024
On October 25 2024 Mirvac Group was traded for 1.31 at the closing time. The highest daily price throughout the period was 1.31 and the lowest price was 1.31 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.76% . The trading delta at closing time to current closing price is 3.79% . |
Mirvac Group Fundamentals Correlations and Trends
By evaluating Mirvac'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 Mirvac's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mirvac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mirvac Stock history
Mirvac 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 Mirvac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mirvac Group 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 Mirvac stock prices may prove useful in developing a viable investing in Mirvac
Mirvac is a leading, diversified Australian property group, with an integrated development and asset management capability. With a strong focus on our customers, were asked to think about how we can redefine the landscape and create more sustainable, connected and vibrant urban environments, leaving a lasting legacy for generations to come. Mirvac operates under REIT - Office classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1591 people.
Mirvac Stock Technical Analysis
Mirvac 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
Mirvac Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Mirvac Group 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.
Mirvac December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Mirvac stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mirvac shares will generate the highest return on investment. By undertsting and applying Mirvac stock market strength indicators, traders can identify Mirvac Group entry and exit signals to maximize returns
Mirvac Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mirvac's price direction in advance. Along with the technical and fundamental analysis of Mirvac Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mirvac 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 | (0.11) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (0.86) |
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Volume Indicators |
Complementary Tools for Mirvac Stock analysis
When running Mirvac's price analysis, check to measure Mirvac'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 Mirvac is operating at the current time. Most of Mirvac's value examination focuses on studying past and present price action to predict the probability of Mirvac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirvac's price. Additionally, you may evaluate how the addition of Mirvac to your portfolios can decrease your overall portfolio volatility.
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