Manila Water Stock Price on December 4, 2023
| MWTCF Stock | USD 0.34 0.00 0.00% |
If you're considering investing in Manila Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Manila Water stands at 0.34, as last reported on the 3rd of May, with the highest price reaching 0.34 and the lowest price hitting 0.34 during the day. We consider Manila Water out of control. Manila Water has Sharpe Ratio of 0.032, which conveys that the firm had a 0.032% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Manila Water, which you can use to evaluate the volatility of the firm. Please verify Manila Water's Risk Adjusted Performance of 0.0288, mean deviation of 1.25, and Standard Deviation of 4.94 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
Manila Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Manila |
Sharpe Ratio = 0.032
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.05 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Manila Water is performing at about 2% 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 Manila Water by adding it to a well-diversified portfolio.
Manila Water Valuation on December 4, 2023
It is possible to determine the worth of Manila Water on a given historical date. On December 4, 2023 Manila was worth 0.31 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manila Water pink sheet. Still, in general, we apply an absolute valuation method to find Manila Water'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 Manila Water where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manila Water's related companies.
| Open | High | Low | Close | Volume | |
| 0.31 | 0.31 | 0.31 | 0.31 | 1.00 | |
12/04/2023 | 0.31 | 0.31 | 0.31 | 0.31 | 1.00 |
| 0.31 | 0.31 | 0.31 | 0.31 | 1.00 |
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Manila Water Trading Date Momentum on December 4, 2023
| On December 05 2023 Manila Water was traded for 0.31 at the closing time. The highest daily price throughout the period was 0.31 and the lowest price was 0.31 . There was no trading activity during the period 1.0. Lack of trading volume on 12/05/2023 did not cause price change. The trading delta at closing time to current closing price is 6.45% . |
Manila Water Fundamentals Correlations and Trends
By evaluating Manila Water'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 Manila Water's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Manila financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Manila Water Pink Sheet history
Manila Water 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 Manila is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Manila Water 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 Manila Water stock prices may prove useful in developing a viable investing in Manila Water
Manila Water Company, Inc., together with its subsidiaries, provides water treatment, water distribution, sewerage, and sanitation services to residential, semi-business, commercial, and industrial customers in the Philippines and internationally. Manila Water Company, Inc. was incorporated in 1997 and is based in Quezon City, the Philippines. Manila Water is traded on OTC Exchange in the United States.
Manila Water Pink Sheet Technical Analysis
Manila Water 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
Manila Water Period Price Range
Low | December 4, 2023
| High |
0.31 | 0.31 |
Manila Water May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Manila Water 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 Manila Water shares will generate the highest return on investment. By undertsting and applying Manila Water pink sheet market strength indicators, traders can identify Manila Water entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.31 | |||
| Day Typical Price | 0.31 | |||
| Period Momentum Indicator | 0.03 | |||
| Relative Strength Index | 49.48 |
Manila Water Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Manila Water's price direction in advance. Along with the technical and fundamental analysis of Manila Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Manila 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 | 0.0288 | |||
| Jensen Alpha | 0.1718 | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.24) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manila Water. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Manila Water information on this page should be used as a complementary analysis to other Manila Water's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Manila Pink Sheet analysis
When running Manila Water's price analysis, check to measure Manila Water'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 Manila Water is operating at the current time. Most of Manila Water's value examination focuses on studying past and present price action to predict the probability of Manila Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manila Water's price. Additionally, you may evaluate how the addition of Manila Water to your portfolios can decrease your overall portfolio volatility.
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