Meier Tobler (Switzerland) Price on October 21, 2024
MTG Stock | CHF 29.00 0.20 0.68% |
If you're considering investing in Meier Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meier Tobler stands at 29.00, as last reported on the 16th of December 2024, with the highest price reaching 29.40 and the lowest price hitting 28.90 during the day. Meier Tobler appears to be very steady, given 3 months investment horizon. Meier Tobler Group has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Meier Tobler, which you can use to evaluate the volatility of the firm. Please exercise Meier Tobler's Risk Adjusted Performance of 0.1139, mean deviation of 1.44, and Downside Deviation of 1.73 to check out if our risk estimates are consistent with your expectations.
Meier Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Meier |
Sharpe Ratio = 0.1417
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Estimated Market Risk
1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Meier Tobler is performing at about 11% 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 Meier Tobler by adding it to a well-diversified portfolio.
Meier Tobler Valuation on October 21, 2024
It is possible to determine the worth of Meier Tobler on a given historical date. On October 21, 2024 Meier was worth 29.0 at the beginning of the trading date compared to the closed value of 28.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meier Tobler stock. Still, in general, we apply an absolute valuation method to find Meier Tobler'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 Meier Tobler where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meier Tobler's related companies.
Open | High | Low | Close | Volume | |
28.80 | 29.10 | 28.55 | 28.70 | 9,491 | |
10/21/2024 | 29.00 | 29.40 | 28.00 | 28.30 | 19,403 |
28.30 | 29.10 | 28.25 | 28.60 | 9,403 |
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Meier Tobler Trading Date Momentum on October 21, 2024
On October 22 2024 Meier Tobler Group was traded for 28.60 at the closing time. The maximum traded price for the trading interval was 29.10 and the lowest daily price was 28.25 . The daily volume was recorded at 9.4 K. The volume of trading on 22nd of October 2024 played a part in the next trading day price increase. The trading delta at closing time to the next closing price was 1.06% . The trading delta at closing time to the closing price today is 1.77% . |
Meier Tobler Group Fundamentals Correlations and Trends
By evaluating Meier Tobler'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 Meier Tobler's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meier financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meier Tobler Stock history
Meier Tobler 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 Meier is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meier Tobler 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 Meier Tobler stock prices may prove useful in developing a viable investing in Meier Tobler
Meier Tobler Group AG manufactures and sells heating and air conditioning systems worldwide. The company was founded in 1937 and is based in Schwerzenbach, Switzerland. MEIER TOBLER is traded on Switzerland Exchange in Switzerland.
Meier Tobler Stock Technical Analysis
Meier Tobler 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
Meier Tobler Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Meier Tobler Group cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Meier Tobler December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Meier Tobler stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meier Tobler shares will generate the highest return on investment. By undertsting and applying Meier Tobler stock market strength indicators, traders can identify Meier Tobler Group entry and exit signals to maximize returns
Meier Tobler Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meier Tobler's price direction in advance. Along with the technical and fundamental analysis of Meier Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meier 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 | 0.1139 | |||
Jensen Alpha | 0.2887 | |||
Total Risk Alpha | 0.0362 | |||
Sortino Ratio | 0.1057 | |||
Treynor Ratio | (1.55) |
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Additional Tools for Meier Stock Analysis
When running Meier Tobler's price analysis, check to measure Meier Tobler'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 Meier Tobler is operating at the current time. Most of Meier Tobler's value examination focuses on studying past and present price action to predict the probability of Meier Tobler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meier Tobler's price. Additionally, you may evaluate how the addition of Meier Tobler to your portfolios can decrease your overall portfolio volatility.