Mitsubishi Estate Co Stock Price on April 3, 2024
| MITEY Stock | USD 19.35 0.74 3.98% |
If you're considering investing in Mitsubishi Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mitsubishi Estate stands at 19.35, as last reported on the 11th of May 2024, with the highest price reaching 19.35 and the lowest price hitting 19.01 during the day. Mitsubishi Estate appears to be not too volatile, given 3 months investment horizon. Mitsubishi Estate has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% return per unit of risk over the last 3 months. By analyzing Mitsubishi Estate's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Mitsubishi Estate's Risk Adjusted Performance of 0.1375, mean deviation of 1.66, and Downside Deviation of 1.94 to check out if our risk estimates are consistent with your expectations.
Mitsubishi Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Mitsubishi |
Sharpe Ratio = 0.2359
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| Small Returns | MITEY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Mitsubishi Estate is performing at about 18% 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 Estate by adding it to a well-diversified portfolio.
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Mitsubishi Estate Valuation on April 3, 2024
It is possible to determine the worth of Mitsubishi Estate on a given historical date. On April 3, 2024 Mitsubishi was worth 17.74 at the beginning of the trading date compared to the closed value of 18.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitsubishi Estate pink sheet. Still, in general, we apply an absolute valuation method to find Mitsubishi Estate'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 Mitsubishi Estate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitsubishi Estate's related companies.
| Open | High | Low | Close | Volume | |
| 18.09 | 18.55 | 17.93 | 17.96 | 25,600 | |
04/03/2024 | 17.74 | 18.14 | 17.41 | 18.12 | 216,900 |
| 18.68 | 18.68 | 17.56 | 17.90 | 21,848 |
| Backtest Mitsubishi Estate | | | Mitsubishi Estate History | | | Mitsubishi Estate Valuation | Previous | Next |
Mitsubishi Estate Trading Date Momentum on April 3, 2024
| On April 04 2024 Mitsubishi Estate Co was traded for 17.90 at the closing time. The highest daily price throughout the period was 18.68 and the lowest price was 17.56 . The daily volume was 21.8 K. The net trading volume on 04/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.21% . The trading delta at closing time to current closing price is 11.37% . |
Mitsubishi Estate Fundamentals Correlations and Trends
By evaluating Mitsubishi Estate'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 Mitsubishi Estate's 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 Estate Pink Sheet history
Mitsubishi Estate 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 Estate 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 Estate stock prices may prove useful in developing a viable investing in Mitsubishi Estate
Mitsubishi Estate Co., Ltd. engages in the real estate activities in Japan and internationally. Mitsubishi Estate Co., Ltd. was founded in 1890 and is headquartered in Tokyo, Japan. MITSUBISHI ESTATE operates under Real EstateDiversified classification in the United States and is traded on OTC Exchange. It employs 10202 people.
Mitsubishi Estate Pink Sheet Technical Analysis
Mitsubishi Estate 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
Mitsubishi Estate Period Price Range
Low | April 3, 2024
| High |
17.74 | 18.12 |
Mitsubishi Estate May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Mitsubishi Estate 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 Mitsubishi Estate shares will generate the highest return on investment. By undertsting and applying Mitsubishi Estate pink sheet market strength indicators, traders can identify Mitsubishi Estate Co entry and exit signals to maximize returns
| Accumulation Distribution | 8728.61 | |||
| Daily Balance Of Power | 0.5205 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 17.77 | |||
| Day Typical Price | 17.89 | |||
| Price Action Indicator | 0.54 | |||
| Period Momentum Indicator | 1.23 |
Mitsubishi Estate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mitsubishi Estate's price direction in advance. Along with the technical and fundamental analysis of Mitsubishi Pink Sheet 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 | 0.1375 | |||
| Jensen Alpha | 0.4474 | |||
| Total Risk Alpha | 0.1892 | |||
| Sortino Ratio | 0.1912 | |||
| Treynor Ratio | (12.97) |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitsubishi Estate Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Mitsubishi Estate information on this page should be used as a complementary analysis to other Mitsubishi Estate'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Mitsubishi Pink Sheet analysis
When running Mitsubishi Estate's price analysis, check to measure Mitsubishi Estate'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 Estate is operating at the current time. Most of Mitsubishi Estate's value examination focuses on studying past and present price action to predict the probability of Mitsubishi Estate'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 Estate's price. Additionally, you may evaluate how the addition of Mitsubishi Estate to your portfolios can decrease your overall portfolio volatility.
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