MG Plc (UK) Price on August 12, 2024

MNG Stock   194.85  0.55  0.28%   
Below is the normalized historical share price chart for MG Plc extending back to October 21, 2019. 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 MG Plc stands at 194.85, as last reported on the 30th of December, with the highest price reaching 195.35 and the lowest price hitting 193.40 during the day.
200 Day MA
204.8388
50 Day MA
198.294
Beta
1.461
 
Covid
If you're considering investing in MNG Stock, it is important to understand the factors that can impact its price. MG Plc retains Efficiency (Sharpe Ratio) of -0.1, which conveys that the firm had a -0.1% return per unit of price deviation over the last 3 months. MG Plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MG Plc's Market Risk Adjusted Performance of 2.03, information ratio of (0.13), and Mean Deviation of 0.7123 to check out the risk estimate we provide.
  
At present, MG Plc's Sale Purchase Of Stock is projected to decrease significantly based on the last few years of reporting. . MNG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1045

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Negative ReturnsMNG

Estimated Market Risk

 0.94
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average MG Plc 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 MG Plc by adding MG Plc to a well-diversified portfolio.
Price Book
1.2539
Price Sales
0.7478
Shares Float
2.1 B
Dividend Share
0.198
Wall Street Target Price
231.692

MG Plc Main Headline on 12th of August 2024

MG Plc Purchases New Stake in Microsoft Co. Defense World

MG Plc Valuation on August 12, 2024

It is possible to determine the worth of MG Plc on a given historical date. On August 12, 2024 MNG was worth 195.24 at the beginning of the trading date compared to the closed value of 197.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MG Plc stock. Still, in general, we apply an absolute valuation method to find MG Plc'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 MG Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MG Plc's related companies.
 Open High Low Close Volume
  194.66    196.69    193.98    195.33    5,578,766  
08/12/2024
  195.24    197.56    195.24    197.46    3,992,438  
  197.56    199.21    196.98    199.01    3,250,478  
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Open Value
195.24
192.41
Downside
197.46
Closing Value
198.07
Upside

MG Plc Trading Date Momentum on August 12, 2024

On August 13 2024 MG Plc was traded for  199.01  at the closing time. The highest price during the trading period was 199.21  and the lowest recorded bid was listed for  196.98 . The volume for the day was 3.3 M. This history from August 13, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.78% . The trading delta at closing time to the current price is 2.50% .

MG Plc Fundamentals Correlations and Trends

By evaluating MG Plc'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 MG Plc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MNG financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MG Plc Stock history

MG Plc 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 MNG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MG Plc 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 MG Plc stock prices may prove useful in developing a viable investing in MG Plc
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.4 BB
Net Loss-1.5 B-1.4 B

MG Plc Stock Technical Analysis

MG Plc 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.
A focus of MG Plc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MG Plc trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MG Plc Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MG Plc cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.

MG Plc December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how MG Plc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MG Plc shares will generate the highest return on investment. By undertsting and applying MG Plc stock market strength indicators, traders can identify MG Plc entry and exit signals to maximize returns

MG Plc Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MG Plc's price direction in advance. Along with the technical and fundamental analysis of MNG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MNG 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.

Complementary Tools for MNG Stock analysis

When running MG Plc's price analysis, check to measure MG Plc'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 MG Plc is operating at the current time. Most of MG Plc's value examination focuses on studying past and present price action to predict the probability of MG Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MG Plc's price. Additionally, you may evaluate how the addition of MG Plc to your portfolios can decrease your overall portfolio volatility.
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