Mingteng International Stock Price History

MTEN Stock   4.38  0.02  0.45%   
If you're considering investing in Mingteng Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mingteng International stands at 4.38, as last reported on the 11th of October 2024, with the highest price reaching 4.51 and the lowest price hitting 4.31 during the day. Mingteng International is risky given 3 months investment horizon. Mingteng International has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% 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 1.16% are justified by taking the suggested risk. Use Mingteng International Mean Deviation of 3.65, risk adjusted performance of 0.1743, and Downside Deviation of 4.85 to evaluate company specific risk that cannot be diversified away.
  
As of the 11th of October 2024, Other Stockholder Equity is likely to grow to about 134.4 K, while Total Stockholder Equity is likely to drop about 811 K. . At this time, Mingteng International's Price Sales Ratio is very stable compared to the past year. As of the 11th of October 2024, Price Fair Value is likely to grow to 32.80, while Price Earnings Ratio is likely to drop 48.50. Mingteng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2288

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Estimated Market Risk

 5.08
  actual daily
45
55% of assets are more volatile

Expected Return

 1.16
  actual daily
23
77% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average Mingteng International 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 Mingteng International by adding it to a well-diversified portfolio.
Price Book
3.6677
Enterprise Value Ebitda
11.0131
Price Sales
3.3479
Shares Float
1.2 M
Earnings Share
0.25

Mingteng International Stock Price History Chart

There are several ways to analyze Mingteng Stock price data. The simplest method is using a basic Mingteng candlestick price chart, which shows Mingteng International price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceAugust 26, 20245.74
Lowest PriceJuly 18, 20242.46

Mingteng International October 11, 2024 Stock Price Synopsis

Various analyses of Mingteng International's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mingteng Stock. It can be used to describe the percentage change in the price of Mingteng International from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mingteng Stock.
Mingteng International Price Rate Of Daily Change 1.00 
Mingteng International Price Action Indicator(0.04)
Mingteng International Price Daily Balance Of Power(0.10)

Mingteng International October 11, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Mingteng Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Mingteng International intraday prices and daily technical indicators to check the level of noise trading in Mingteng Stock and then apply it to test your longer-term investment strategies against Mingteng.

Mingteng Stock Price History Data

The price series of Mingteng International for the period between Sat, Jul 13, 2024 and Fri, Oct 11, 2024 has a statistical range of 3.48 with a coefficient of variation of 20.55. The daily prices for the period are spread out with arithmetic mean of 4.16. The median price for the last 90 days is 4.42.
OpenHighLowCloseVolume
10/11/2024
 4.40  4.51  4.31  4.38 
10/10/2024 4.40  4.51  4.31  4.38  31,076 
10/09/2024 4.57  4.57  4.39  4.40  27,639 
10/08/2024 4.43  4.49  4.36  4.44  32,721 
10/07/2024 4.47  4.59  4.38  4.42  35,364 
10/04/2024 4.50  4.56  4.15  4.47  57,700 
10/03/2024 4.51  4.55  4.44  4.46  32,500 
10/02/2024 4.56  4.58  4.45  4.49  24,253 
10/01/2024 4.42  4.67  4.23  4.46  90,339 
09/30/2024 4.65  4.66  4.31  4.60  54,276 
09/27/2024 4.50  4.78  4.47  4.68  33,883 
09/26/2024 4.41  4.90  4.14  4.51  33,100 
09/25/2024 4.59  4.70  4.52  4.52  21,900 
09/24/2024 4.57  4.72  4.51  4.51  20,900 
09/23/2024 4.67  4.80  4.52  4.55  21,100 
09/20/2024 4.66  4.91  4.55  4.61  17,100 
09/19/2024 4.66  4.93  4.66  4.67  14,600 
09/18/2024 4.64  4.75  4.50  4.55  11,100 
09/17/2024 4.39  4.60  4.30  4.52  14,300 
09/16/2024 4.51  4.60  4.33  4.41  15,100 
09/13/2024 4.51  4.65  4.37  4.37  8,168 
09/12/2024 4.34  4.59  4.34  4.49  3,203 
09/11/2024 4.42  4.53  4.20  4.39  7,791 
09/10/2024 4.30  4.50  4.28  4.30  3,091 
09/09/2024 4.26  4.56  4.26  4.50  6,414 
09/06/2024 5.00  5.00  4.10  4.34  48,349 
09/05/2024 4.20  4.94  4.11  4.94  14,857 
09/04/2024 4.32  4.87  4.10  4.22  12,736 
09/03/2024 4.72  4.81  4.01  4.35  46,969 
08/30/2024 5.14  5.18  4.80  4.80  57,717 
08/29/2024 5.39  5.60  5.10  5.11  37,610 
08/28/2024 5.46  5.47  5.27  5.31  26,777 
08/27/2024 5.67  5.75  5.11  5.40  46,168 
08/26/2024 5.29  5.79  5.26  5.74  34,732 
08/23/2024 5.19  5.55  5.15  5.24  23,121 
08/22/2024 5.40  5.46  5.05  5.18  19,745 
08/21/2024 5.03  5.42  5.00  5.19  20,049 
08/20/2024 5.15  5.21  4.83  5.09  70,127 
08/19/2024 4.80  5.18  4.75  5.03  80,540 
08/16/2024 4.92  5.10  4.78  4.84  44,455 
08/15/2024 4.40  5.06  4.40  4.88  104,261 
08/14/2024 4.41  4.70  4.38  4.48  42,914 
08/13/2024 4.28  4.71  4.10  4.58  27,077 
08/12/2024 4.28  4.39  4.09  4.38  31,155 
08/09/2024 4.00  4.28  3.91  4.28  48,883 
08/08/2024 3.94  4.20  3.80  3.95  37,332 
08/07/2024 3.81  4.32  3.77  3.93  85,012 
08/06/2024 3.62  3.98  3.62  3.92  30,403 
08/05/2024 3.32  3.85  3.32  3.72  56,902 
08/02/2024 3.79  4.34  3.52  3.73  115,778 
08/01/2024 3.52  3.78  3.25  3.78  47,902 
07/31/2024 3.68  3.78  3.63  3.72  54,872 
07/30/2024 3.60  3.73  3.45  3.64  49,406 
07/29/2024 3.78  3.89  3.36  3.51  179,038 
07/26/2024 3.49  3.78  3.33  3.77  163,978 
07/25/2024 3.42  3.59  3.03  3.48  207,474 
07/24/2024 2.78  3.61  2.78  3.22  345,265 
07/23/2024 2.78  3.41  2.60  2.71  361,461 
07/22/2024 2.64  2.78  2.59  2.65  33,031 
07/19/2024 2.60  2.65  2.35  2.65  50,887 
07/18/2024 2.37  2.70  2.21  2.46  49,453 

About Mingteng International Stock history

Mingteng International 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 Mingteng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mingteng International 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 Mingteng International stock prices may prove useful in developing a viable investing in Mingteng International
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.5 MM

Mingteng International Quarterly Net Working Capital

3.64 Million

Mingteng International Stock Technical Analysis

Mingteng International 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.
A focus of Mingteng International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mingteng International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Mingteng International Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mingteng International's price direction in advance. Along with the technical and fundamental analysis of Mingteng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mingteng 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.
When determining whether Mingteng International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mingteng International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mingteng International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mingteng International Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mingteng International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Mingteng Stock, please use our How to Invest in Mingteng International guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Automotive Parts & Equipment space 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 Mingteng International. If investors know Mingteng 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 Mingteng International 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
(0.18)
Earnings Share
0.25
Revenue Per Share
1.632
Quarterly Revenue Growth
0.115
Return On Assets
0.1048
The market value of Mingteng International is measured differently than its book value, which is the value of Mingteng that is recorded on the company's balance sheet. Investors also form their own opinion of Mingteng International's value that differs from its market value or its book value, called intrinsic value, which is Mingteng International'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 Mingteng International's market value can be influenced by many factors that don't directly affect Mingteng International'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 Mingteng International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mingteng International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mingteng International'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.