MCEWEN MINING (Germany) Price on October 14, 2024
| US8 Stock | 7.85 0.10 1.29% |
If you're considering investing in MCEWEN Stock, it is important to understand the factors that can impact its price. As of today, the current price of MCEWEN MINING stands at 7.85, as last reported on the 2nd of December, with the highest price reaching 7.85 and the lowest price hitting 7.85 during the day. At this point, MCEWEN MINING is slightly risky. MCEWEN MINING INC has Sharpe Ratio of 0.0057, which conveys that the company had a 0.0057% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for MCEWEN MINING, which you can use to evaluate the volatility of the entity. Please verify MCEWEN MINING's Standard Deviation of 3.41, coefficient of variation of (19,250), and Mean Deviation of 2.55 to check out if the risk estimate we provide is consistent with the expected return of 0.0193%.
MCEWEN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MCEWEN |
Sharpe Ratio = 0.0057
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | US8 |
Estimated Market Risk
| 3.42 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MCEWEN MINING 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 MCEWEN MINING by adding MCEWEN MINING to a well-diversified portfolio.
MCEWEN MINING Valuation on October 14, 2024
It is possible to determine the worth of MCEWEN MINING on a given historical date. On October 14, 2024 MCEWEN was worth 9.1 at the beginning of the trading date compared to the closed value of 9.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MCEWEN MINING stock. Still, in general, we apply an absolute valuation method to find MCEWEN MINING'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 MCEWEN MINING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MCEWEN MINING's related companies.
| Open | High | Low | Close | Volume | |
| 9.00 | 9.00 | 9.00 | 9.00 | 1,000.00 | |
10/14/2024 | 9.10 | 9.10 | 9.10 | 9.10 | 1,000.00 |
| 9.10 | 9.10 | 9.10 | 9.10 | 1,000.00 |
| Backtest MCEWEN MINING | | | MCEWEN MINING History | | | MCEWEN MINING Valuation | Previous | Next |
MCEWEN MINING Trading Date Momentum on October 14, 2024
| On October 15 2024 MCEWEN MINING INC was traded for 9.10 at the closing time. The highest daily price throughout the period was 9.10 and the lowest price was 9.10 . The daily volume was 1000. The net trading volume on 10/15/2024 did not cause price change. The trading delta at closing time to current closing price is 8.79% . |
About MCEWEN MINING Stock history
MCEWEN MINING 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 MCEWEN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MCEWEN MINING INC 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 MCEWEN MINING stock prices may prove useful in developing a viable investing in MCEWEN MINING
MCEWEN MINING Stock Technical Analysis
MCEWEN MINING 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
MCEWEN MINING Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
MCEWEN MINING INC cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
MCEWEN MINING December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how MCEWEN MINING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MCEWEN MINING shares will generate the highest return on investment. By undertsting and applying MCEWEN MINING stock market strength indicators, traders can identify MCEWEN MINING INC entry and exit signals to maximize returns
MCEWEN MINING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MCEWEN MINING's price direction in advance. Along with the technical and fundamental analysis of MCEWEN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MCEWEN 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 | 0.0038 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.11) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for MCEWEN Stock analysis
When running MCEWEN MINING's price analysis, check to measure MCEWEN MINING'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 MCEWEN MINING is operating at the current time. Most of MCEWEN MINING's value examination focuses on studying past and present price action to predict the probability of MCEWEN MINING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MCEWEN MINING's price. Additionally, you may evaluate how the addition of MCEWEN MINING to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |