Mitsubishi Gas (Germany) Price on October 29, 2024
| MUG Stock | 17.50 0.20 1.13% |
If you're considering investing in Mitsubishi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mitsubishi Gas stands at 17.50, as last reported on the 2nd of December, with the highest price reaching 17.50 and the lowest price hitting 17.50 during the day. Currently, Mitsubishi Gas Chemical is very steady. Mitsubishi Gas Chemical has Sharpe Ratio of 0.0572, which conveys that the firm had a 0.0572% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mitsubishi Gas, which you can use to evaluate the volatility of the firm. Please verify Mitsubishi Gas' Mean Deviation of 1.07, downside deviation of 1.48, and Risk Adjusted Performance of 0.0577 to check out if the risk estimate we provide is consistent with the expected return of 0.0822%.
Mitsubishi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mitsubishi |
Sharpe Ratio = 0.0572
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Mitsubishi Gas is performing at about 4% 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 Mitsubishi Gas by adding it to a well-diversified portfolio.
Mitsubishi Gas Valuation on October 29, 2024
It is possible to determine the worth of Mitsubishi Gas on a given historical date. On October 29, 2024 Mitsubishi was worth 15.9 at the beginning of the trading date compared to the closed value of 15.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitsubishi Gas stock. Still, in general, we apply an absolute valuation method to find Mitsubishi Gas' 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 Mitsubishi Gas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitsubishi Gas' related companies.
| Open | High | Low | Close | Volume | |
| 15.80 | 15.80 | 15.80 | 15.80 | 1.00 | |
10/29/2024 | 15.90 | 15.90 | 15.90 | 15.90 | 1.00 |
| 16.00 | 16.00 | 16.00 | 16.00 | 1.00 |
| Backtest Mitsubishi Gas | | | Mitsubishi Gas History | | | Mitsubishi Gas Valuation | Previous | Next |
Mitsubishi Gas Trading Date Momentum on October 29, 2024
| On October 30 2024 Mitsubishi Gas Chemical was traded for 16.00 at the closing time. The highest price during the trading period was 16.00 and the lowest recorded bid was listed for 16.00 . There was no trading activity during the period 1.0. Lack of trading volume on October 30, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.63% . The trading delta at closing time to the current price is 2.52% . |
Mitsubishi Gas Chemical Fundamentals Correlations and Trends
By evaluating Mitsubishi Gas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mitsubishi Gas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mitsubishi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mitsubishi Gas Stock history
Mitsubishi Gas 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 Mitsubishi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mitsubishi Gas Chemical 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 Mitsubishi Gas stock prices may prove useful in developing a viable investing in Mitsubishi Gas
Mitsubishi Gas Stock Technical Analysis
Mitsubishi Gas 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
Mitsubishi Gas Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Mitsubishi Gas Chemical cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
Mitsubishi Gas December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Mitsubishi Gas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mitsubishi Gas shares will generate the highest return on investment. By undertsting and applying Mitsubishi Gas stock market strength indicators, traders can identify Mitsubishi Gas Chemical entry and exit signals to maximize returns
Mitsubishi Gas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mitsubishi Gas' price direction in advance. Along with the technical and fundamental analysis of Mitsubishi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mitsubishi 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 | 0.0577 | |||
| Jensen Alpha | 0.026 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1799 |
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Additional Tools for Mitsubishi Stock Analysis
When running Mitsubishi Gas' price analysis, check to measure Mitsubishi Gas' 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 Mitsubishi Gas is operating at the current time. Most of Mitsubishi Gas' value examination focuses on studying past and present price action to predict the probability of Mitsubishi Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi Gas' price. Additionally, you may evaluate how the addition of Mitsubishi Gas to your portfolios can decrease your overall portfolio volatility.