Modern Times (Sweden) Price on November 5, 2024
| MTG-B Stock | SEK 92.75 0.30 0.32% |
If you're considering investing in Modern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Modern Times stands at 92.75, as last reported on the 12th of December 2024, with the highest price reaching 93.05 and the lowest price hitting 91.75 during the day. Modern Times appears to be very steady, given 3 months investment horizon. Modern Times Group has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Modern Times, which you can use to evaluate the volatility of the firm. Please exercise Modern Times' Mean Deviation of 1.61, risk adjusted performance of 0.1019, and Downside Deviation of 1.88 to check out if our risk estimates are consistent with your expectations.
Modern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Modern |
Sharpe Ratio = 0.1536
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Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Modern Times is performing at about 12% 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 Modern Times by adding it to a well-diversified portfolio.
Modern Times Valuation on November 5, 2024
It is possible to determine the worth of Modern Times on a given historical date. On November 5, 2024 Modern was worth 75.8 at the beginning of the trading date compared to the closed value of 76.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Modern Times stock. Still, in general, we apply an absolute valuation method to find Modern Times' 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 Modern Times where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Modern Times' related companies.
| Open | High | Low | Close | Volume | |
| 76.90 | 77.45 | 75.60 | 76.15 | 113,996 | |
11/05/2024 | 75.80 | 77.70 | 75.65 | 76.65 | 133,183 |
| 76.60 | 77.60 | 76.50 | 77.20 | 162,351 |
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Modern Times Trading Date Momentum on November 5, 2024
| On November 06 2024 Modern Times Group was traded for 77.20 at the closing time. The highest price during the trading period was 77.60 and the lowest recorded bid was listed for 76.50 . The volume for the day was 162.4 K. This history from November 6, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.72% . The trading delta at closing time to the current price is 17.42% . |
Modern Times Group Fundamentals Correlations and Trends
By evaluating Modern Times' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Modern Times' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Modern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Modern Times Stock history
Modern Times 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 Modern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Modern Times 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 Modern Times stock prices may prove useful in developing a viable investing in Modern Times
Modern Times Group MTG AB, a digital entertainment company, engages in the free-TV, pay-TV, radio, and content production businesses. The company was founded in 1987 and is headquartered in Stockholm, Sweden. Modern Times operates under Broadcasting - TV classification in Sweden and is traded on Stockholm Stock Exchange. It employs 3305 people.
Modern Times Stock Technical Analysis
Modern Times 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
Modern Times Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Modern Times Group cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Modern Times December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Modern Times stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Modern Times shares will generate the highest return on investment. By undertsting and applying Modern Times stock market strength indicators, traders can identify Modern Times Group entry and exit signals to maximize returns
Modern Times Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Modern Times' price direction in advance. Along with the technical and fundamental analysis of Modern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Modern 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 | 0.1019 | |||
| Jensen Alpha | 0.2466 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0964 | |||
| Treynor Ratio | 0.6915 |
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Additional Tools for Modern Stock Analysis
When running Modern Times' price analysis, check to measure Modern Times' 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 Modern Times is operating at the current time. Most of Modern Times' value examination focuses on studying past and present price action to predict the probability of Modern Times' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modern Times' price. Additionally, you may evaluate how the addition of Modern Times to your portfolios can decrease your overall portfolio volatility.