Movado Group Stock Price on March 26, 2024
| MOV Stock | USD 26.70 0.40 1.52% |
If you're considering investing in Movado Stock, it is important to understand the factors that can impact its price. As of today, the current price of Movado stands at 26.70, as last reported on the 14th of May 2024, with the highest price reaching 26.83 and the lowest price hitting 26.46 during the day. Movado Group has Sharpe Ratio of -0.0374, which conveys that the firm had a -0.0374% return per unit of risk over the last 3 months. Movado exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Movado's Standard Deviation of 1.81, risk adjusted performance of (0), and Mean Deviation of 1.33 to check out the risk estimate we provide.
Movado Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Movado |
Sharpe Ratio = -0.0374
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| Negative Returns | MOV |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Movado is not performing at its full potential. However, 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 Movado by adding Movado to a well-diversified portfolio.
Movado Main Headline on 26th of March 2024
Movado Group, Inc. Announces Fourth Quarter and Fiscal Year ... by finance.yahoo.com
PARAMUS, N.J., March 26, 2024--Movado Group, Inc. today announced fourth quarter and fiscal year 2024 results for the periods ended January 31, 2024.
Movado Valuation on March 26, 2024
It is possible to determine the worth of Movado on a given historical date. On March 26, 2024 Movado was worth 24.73 at the beginning of the trading date compared to the closed value of 26.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Movado stock. Still, in general, we apply an absolute valuation method to find Movado'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 Movado where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Movado's related companies.
| Open | High | Low | Close | Volume | |
| 26.57 | 27.00 | 26.19 | 26.19 | 227,983 | |
03/26/2024 | 24.73 | 27.47 | 24.12 | 26.37 | 438,596 |
| 27.00 | 27.76 | 26.98 | 27.29 | 341,841 |
| Backtest Movado | | | Movado History | | | Movado Valuation | Previous | Next |
Movado Trading Date Momentum on March 26, 2024
| On March 27 2024 Movado Group was traded for 27.29 at the closing time. Highest Movado's price during the trading hours was 27.76 and the lowest price during the day was 26.98 . The net volume was 341.8 K. The overall trading history on the 27th of March contributed to the next trading period price increase. The trading delta at closing time to the next next day price was 3.49% . The trading delta at closing time to current price is 5.50% . |
Movado Group Fundamentals Correlations and Trends
By evaluating Movado'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 Movado's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Movado financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Movado Stock history
Movado 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 Movado is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Movado Group 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 Movado stock prices may prove useful in developing a viable investing in Movado
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey. Movado operates under Luxury Goods classification in the United States and is traded on New York Stock Exchange. It employs 940 people.
Movado Stock Technical Analysis
Movado 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
Movado Period Price Range
Low | March 26, 2024
| High |
24.73 | 26.37 |
Movado May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Movado stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Movado shares will generate the highest return on investment. By undertsting and applying Movado stock market strength indicators, traders can identify Movado Group entry and exit signals to maximize returns
| Accumulation Distribution | 53487.32 | |||
| Daily Balance Of Power | 0.4896 | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 25.8 | |||
| Day Typical Price | 25.99 | |||
| Price Action Indicator | 1.4 | |||
| Period Momentum Indicator | 0.33 |
Movado Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Movado's price direction in advance. Along with the technical and fundamental analysis of Movado Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Movado 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) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.02) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| 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 Movado Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Movado Stock analysis
When running Movado's price analysis, check to measure Movado'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 Movado is operating at the current time. Most of Movado's value examination focuses on studying past and present price action to predict the probability of Movado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movado's price. Additionally, you may evaluate how the addition of Movado to your portfolios can decrease your overall portfolio volatility.
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Is Movado'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 Movado. If investors know Movado 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 Movado listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Movado Group is measured differently than its book value, which is the value of Movado that is recorded on the company's balance sheet. Investors also form their own opinion of Movado's value that differs from its market value or its book value, called intrinsic value, which is Movado'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 Movado's market value can be influenced by many factors that don't directly affect Movado'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 Movado's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movado is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movado'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.