Mitsubishi Electric Corp Stock Today
| MIELY Stock | USD 32.05 0.31 0.96% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Mitsubishi Electric is trading at 32.05 as of the 19th of April 2024; that is -0.96% down since the beginning of the trading day. The stock's open price was 32.36. Mitsubishi Electric has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Mitsubishi Electric Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company was incorporated in 1921 and is headquartered in Tokyo, Japan. Mitsubishi Elect operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. The company has 1.06 B outstanding shares. More on Mitsubishi Electric Corp
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Mitsubishi Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mitsubishi Electric's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mitsubishi Electric or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Masaki Sakuyama |
| Business Concentration | Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors) |
Mitsubishi Electric Corp [MIELY] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Large-Cap' category with a current market capitalization of 24.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mitsubishi Electric's market, we take the total number of its shares issued and multiply it by Mitsubishi Electric's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mitsubishi Electric Corp classifies itself under Electrical Equipment sector and is part of Industrials industry. The entity has 1.06 B outstanding shares.
Mitsubishi Electric Corp has accumulated about 784.03 B in cash with 282.37 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 742.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Mitsubishi Electric Probability Of Bankruptcy
Ownership AllocationMitsubishi Electric Corp holds a total of 1.06 Billion outstanding shares. Roughly 100.0 % of Mitsubishi Electric outstanding shares are held by general public with 0.47 % by institutional investors. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Mitsubishi Ownership Details
Mitsubishi Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Mitsubishi Electric jumping above the current price in 90 days from now is about 34.46%. The Mitsubishi Electric Corp probability density function shows the probability of Mitsubishi Electric pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Mitsubishi Electric has a beta of 0.2472. This indicates as returns on the market go up, Mitsubishi Electric average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mitsubishi Electric Corp will be expected to be much smaller as well. Additionally, mitsubishi Electric Corp has an alpha of 0.1543, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Mitsubishi Electric to move above the current price in 90 days from now is about 34.46 (This Mitsubishi Electric Corp probability density function shows the probability of Mitsubishi Pink Sheet to fall within a particular range of prices over 90 days) .
Mitsubishi Electric Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mitsubishi Electric market risk premium is the additional return an investor will receive from holding Mitsubishi Electric long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mitsubishi Electric. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mitsubishi Electric's alpha and beta are two of the key measurements used to evaluate Mitsubishi Electric's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.32 | |||
| Semi Deviation | 1.52 | |||
| Standard Deviation | 1.69 | |||
| Variance | 2.84 |
Mitsubishi Stock Against Markets
Picking the right benchmark for Mitsubishi Electric pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mitsubishi Electric pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mitsubishi Electric is critical whether you are bullish or bearish towards Mitsubishi Electric Corp at a given time. Please also check how Mitsubishi Electric's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mitsubishi Electric without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Mitsubishi Electric Corporate Directors
Mitsubishi Electric corporate directors refer to members of a Mitsubishi Electric board of directors. The board of directors generally takes responsibility for the Mitsubishi Electric's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Mitsubishi Electric's board members must vote for the resolution. The Mitsubishi Electric board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Hiroki Yoshimatsu | Executive Officer, Director, Member of Audit Committee and Member of Compensation Committee | Profile | |
| Hiroko Koide | Independent Director | Profile | |
| Nobuyuki Ohkuma | Managing Executive Officer, Director | Profile | |
| Mikio Sasaki | Independent Director | Profile |
How to buy Mitsubishi Pink Sheet?
Before investing in Mitsubishi Electric, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mitsubishi Electric. To buy Mitsubishi Electric stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mitsubishi Electric. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Mitsubishi Electric stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mitsubishi Electric Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Mitsubishi Electric Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Mitsubishi Electric Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Mitsubishi Electric Corp?
The danger of trading Mitsubishi Electric Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mitsubishi Electric is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mitsubishi Electric. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mitsubishi Electric Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitsubishi Electric Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Mitsubishi Pink Sheet analysis
When running Mitsubishi Electric's price analysis, check to measure Mitsubishi Electric'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 Mitsubishi Electric is operating at the current time. Most of Mitsubishi Electric's value examination focuses on studying past and present price action to predict the probability of Mitsubishi Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi Electric's price. Additionally, you may evaluate how the addition of Mitsubishi Electric to your portfolios can decrease your overall portfolio volatility.
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