Mongolia Growth Group Stock Price on August 4, 2023
MNGGF Stock | USD 0.97 0.01 1.04% |
If you're considering investing in Mongolia Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mongolia Growth stands at 0.97, as last reported on the 13th of December 2024, with the highest price reaching 0.97 and the lowest price hitting 0.97 during the day. Mongolia Growth Group has Sharpe Ratio of -0.0393, which conveys that the firm had a -0.0393% return per unit of risk over the last 3 months. Mongolia Growth exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mongolia Growth's Risk Adjusted Performance of (0.03), mean deviation of 1.26, and Standard Deviation of 1.94 to check out the risk estimate we provide.
Mongolia Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Mongolia |
Sharpe Ratio = -0.0393
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Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mongolia Growth 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 Mongolia Growth by adding Mongolia Growth to a well-diversified portfolio.
Mongolia Growth Valuation on August 4, 2023
It is possible to determine the worth of Mongolia Growth on a given historical date. On August 4, 2023 Mongolia was worth 0.95 at the beginning of the trading date compared to the closed value of 0.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mongolia Growth pink sheet. Still, in general, we apply an absolute valuation method to find Mongolia Growth'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 Mongolia Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mongolia Growth's related companies.
Open | High | Low | Close | Volume | |
0.96 | 0.96 | 0.96 | 0.96 | 600.00 | |
08/04/2023 | 0.95 | 0.96 | 0.95 | 0.95 | 7,500 |
0.91 | 0.93 | 0.91 | 0.93 | 4,300 |
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Mongolia Growth Trading Date Momentum on August 4, 2023
On August 07 2023 Mongolia Growth Group was traded for 0.93 at the closing time. The highest daily price throughout the period was 0.93 and the lowest price was 0.91 . The daily volume was 4.3 K. The net trading volume on 08/07/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.11% . The trading delta at closing time to current closing price is 0.00% . |
Mongolia Growth Group Fundamentals Correlations and Trends
By evaluating Mongolia Growth'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 Mongolia Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mongolia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mongolia Growth Pink Sheet history
Mongolia Growth 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 Mongolia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mongolia Growth 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 Mongolia Growth stock prices may prove useful in developing a viable investing in Mongolia Growth
Mongolia Growth Group Ltd., together with its subsidiaries, provides property management, leasing, renovation, and development services in Ulaanbaatar, Mongolia. Mongolia Growth Group Ltd. was incorporated in 2007 and is headquartered in Toronto, Canada. Mongolia Growth operates under Real Estate Services classification in the United States and is traded on OTC Exchange.
Mongolia Growth Pink Sheet Technical Analysis
Mongolia Growth technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Mongolia Growth Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Mongolia Growth Group cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Mongolia Growth December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Mongolia Growth pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mongolia Growth shares will generate the highest return on investment. By undertsting and applying Mongolia Growth pink sheet market strength indicators, traders can identify Mongolia Growth Group entry and exit signals to maximize returns
Mongolia Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mongolia Growth's price direction in advance. Along with the technical and fundamental analysis of Mongolia Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mongolia 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 | (0.03) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | (3.34) |
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Volume Indicators |
Complementary Tools for Mongolia Pink Sheet analysis
When running Mongolia Growth's price analysis, check to measure Mongolia Growth'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 Mongolia Growth is operating at the current time. Most of Mongolia Growth's value examination focuses on studying past and present price action to predict the probability of Mongolia Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mongolia Growth's price. Additionally, you may evaluate how the addition of Mongolia Growth to your portfolios can decrease your overall portfolio volatility.
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