Microalgo Stock Price on November 18, 2022
| MLGO Stock | 2.59 0.27 11.64% |
If you're considering investing in MicroAlgo Stock, it is important to understand the factors that can impact its price. As of today, the current price of MicroAlgo stands at 2.59, as last reported on the 25th of April, with the highest price reaching 2.76 and the lowest price hitting 2.32 during the day. MicroAlgo is out of control given 3 months investment horizon. MicroAlgo has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 13.87% are justified by taking the suggested risk. Use MicroAlgo Risk Adjusted Performance of 0.0852, downside deviation of 9.48, and Mean Deviation of 30.37 to evaluate company specific risk that cannot be diversified away.
At this time, MicroAlgo's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 25th of April 2024, Capital Stock is likely to grow to about 100.7 K, while Total Stockholder Equity is likely to drop about 40.2 M. . As of the 25th of April 2024, Price To Sales Ratio is likely to drop to 0.48. In addition to that, Price Earnings Ratio is likely to drop to -1.15. MicroAlgo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MicroAlgo |
Sharpe Ratio = 0.1283
| Best Portfolio | Best Equity | MLGO | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 108.09 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.04 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average MicroAlgo is performing at about 10% 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 MicroAlgo by adding it to a well-diversified portfolio.
Price Book 0.3536 | Enterprise Value Ebitda (0.23) | Price Sales 0.0368 | Shares Float 1.9 M | Earnings Share (8.30) |
MicroAlgo Valuation on November 18, 2022
It is possible to determine the worth of MicroAlgo on a given historical date. On November 18, 2022 MicroAlgo was worth 10.47 at the beginning of the trading date compared to the closed value of 9.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MicroAlgo stock. Still, in general, we apply an absolute valuation method to find MicroAlgo'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 MicroAlgo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MicroAlgo's related companies.
| Open | High | Low | Close | Volume | |
| 9.55 | 11.77 | 9.11 | 9.60 | 33,700 | |
11/18/2022 | 10.47 | 10.50 | 8.89 | 9.39 | 13,300 |
| 10.20 | 10.20 | 9.60 | 10.00 | 4,900 |
| Backtest MicroAlgo | | | MicroAlgo History | | | MicroAlgo Valuation | Previous | Next |
MicroAlgo Trading Date Momentum on November 18, 2022
| On November 21 2022 MicroAlgo was traded for 10.00 at the closing time. The top price for the day was 10.20 and the lowest listed price was 9.60 . The trading volume for the day was 4.9 K. The trading history from November 21, 2022 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 6.50% . The trading delta at closing time against the current closing price is 5.32% . |
MicroAlgo Fundamentals Correlations and Trends
By evaluating MicroAlgo'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 MicroAlgo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MicroAlgo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MicroAlgo Stock history
MicroAlgo 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 MicroAlgo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MicroAlgo 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 MicroAlgo stock prices may prove useful in developing a viable investing in MicroAlgo
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.6 M | 4.3 M | |
| Net Income Applicable To Common Shares | 63.6 M | 69.7 M |
MicroAlgo Quarterly Net Working Capital |
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MicroAlgo Stock Technical Analysis
MicroAlgo 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
MicroAlgo Period Price Range
Low | November 18, 2022
| High |
10.47 | 9.39 |
MicroAlgo April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how MicroAlgo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MicroAlgo shares will generate the highest return on investment. By undertsting and applying MicroAlgo stock market strength indicators, traders can identify MicroAlgo entry and exit signals to maximize returns
MicroAlgo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MicroAlgo's price direction in advance. Along with the technical and fundamental analysis of MicroAlgo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MicroAlgo 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 | 0.0852 | |||
| Jensen Alpha | 12.06 | |||
| Total Risk Alpha | (1.71) | |||
| Sortino Ratio | 1.32 | |||
| Treynor Ratio | 1.86 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MicroAlgo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.Note that the MicroAlgo information on this page should be used as a complementary analysis to other MicroAlgo'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for MicroAlgo Stock analysis
When running MicroAlgo's price analysis, check to measure MicroAlgo'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 MicroAlgo is operating at the current time. Most of MicroAlgo's value examination focuses on studying past and present price action to predict the probability of MicroAlgo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MicroAlgo's price. Additionally, you may evaluate how the addition of MicroAlgo to your portfolios can decrease your overall portfolio volatility.
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Is MicroAlgo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MicroAlgo. If investors know MicroAlgo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MicroAlgo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Earnings Share (8.30) | Revenue Per Share 127.144 | Quarterly Revenue Growth 0.269 | Return On Assets (0.18) |
The market value of MicroAlgo is measured differently than its book value, which is the value of MicroAlgo that is recorded on the company's balance sheet. Investors also form their own opinion of MicroAlgo's value that differs from its market value or its book value, called intrinsic value, which is MicroAlgo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroAlgo's market value can be influenced by many factors that don't directly affect MicroAlgo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroAlgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroAlgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroAlgo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.