Monte dei Paschi di Siena, who doesn't know it? It is the oldest bank of Italy founded in Tuscany during the Renaissance era in 1472.
For centuries, the bank enjoyed an excellent reputation, many believed that it was managed prudently and profitably. Its financial stocks have been for a very long time and are still traded on the stock exchange today.
Thousands of shareholders have shown considerable interest in the listing of Banca MPS shares, despite the financial scandal that occurred in 2008 and the collapse of the listing on the stock exchange in Piazza Affari.
Would you like to buy MPS shares too? Would you like to follow the example of many shareholders and invest a part of your assets in the oldest bank in Italy?
Well, today I will explain how to do it, we will see together how to move in the world of the stock market and online trading in a simple and totally safe way to buy your much desired shares without risk.
The shares of Banca Monte Paschi di Siena are listed on the electronic stock market managed by the Italian stock exchange.
We are all aware of the difficult period that MPS has gone through in recent years, the bank has in fact risked bankruptcy several times and has been involved in numerous scandals. It only managed to stay afloat thanks to multiple bailouts by the Italian government.
Before the crisis in which the bank found itself involved, MPS shares were in great demand and a single share could even reach the purchase value of around € 9000. With the onset of the financial crisis and the various scandals surrounding it, shareholders have seen the value of their investments completely crumble.
His stock currently shows a value of 1.75 euros. To date, after several years, MPS is definitely in better and more favorable conditions which have allowed it to record the first financial statements in profit to get back on track.
MPS shares what to do
It is one of the most profitable investments this year. The bank that operates in the financial services sector has begun to review after many years, the growth in the value of its stock. Before buying MPS shares, there are a few details you shouldn't forget to know what you're up against.
Of course, it is important to know the history of this banking institution and not to underestimate the problems it is trying to get out of. Before the serious financial crisis that hit MPS in the past years, the bank's shares were bought in the traditional way, through one of the different branches of the credit institution.
To date, given the minimal value of its shares, the number of shareholders who have decided to invest in MPS has significantly increased. However, to purchase MPS shares and to avoid paying the high commissions required by the bank for this type of operation, many investors have turned to one of the numerous online trading platforms found on the web.
Once you have followed the steps to register on the site, you can finally start discovering the world of online trading and start investing in stocks. You simply need to access the "markets" section and locate your favorite:
- choose the capital to invest;
- indicates the direction you want to give to the trade (purchase or sale);
- establish leverage and set your stop loss and take profit to safeguard the capital you have invested;
- confirm the operation.
Obviously, you can also carry out these operations in the demo mode in order to improve your skills and try your strategy, before investing your capital.
To answer this question it is necessary to carry out a technical analysis of the shares of Monte dei Paschi di Siena. It is necessary to consider the so-called Beta value, useful for measuring the variability and volatility of the share price.
This tool allows you to understand how much an investment can affect your portfolio. Considering the data of the last 5 years, MPS records a beta value of 1.94. Knowing that values above 1 indicate that the stock price has been subject to market volatility, we can assume that the value of MPS's shares will increase when the market rises and will decrease when the market falls.
Currently the value of the MPS stock would seem to be decidedly overvalued with a value of 1.75 euros, therefore it is a rather volatile value. It is easy to make a good investment when you buy the stock of a large and solid company at an economical price.
MPS currently records a profit which, according to forecasts, should double in the coming years and this will certainly contribute to increasing the value of its shares. In short, who knows if buying a share package of MPS now at such a low value does not allow us to earn on it in a few years, without risking too much money, when maybe its shares will return to their old origins?
Conclusions
Since the financial crisis hit MSP, the bank's shares have plummeted, dropping more than 70% of their value.
Despite the difficulties faced and thanks to all the efforts made by the government, the management and the investors, Monte dei Paschi di Siena has managed to get back on track, with an increasingly positive trend in the market.
Anyone wishing to invest their capital in Monte Paschi di Siena must always keep their objectives in mind and move with extreme caution.
In a short time you will be able to learn the secrets of online trading, start earning large sums and you can always keep an eye on the progress of your investments.
