MedMira (Germany) Price on May 16, 2023
| 47M Stock | EUR 0.07 0.02 32.65% |
If you're considering investing in MedMira Stock, it is important to understand the factors that can impact its price. As of today, the current price of MedMira stands at 0.07, as last reported on the 2nd of December, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. MedMira appears to be out of control, given 3 months investment horizon. MedMira has Sharpe Ratio of 0.0354, which conveys that the firm had a 0.0354% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for MedMira, which you can use to evaluate the volatility of the firm. Please exercise MedMira's Mean Deviation of 5.23, downside deviation of 10.03, and Risk Adjusted Performance of 0.0445 to check out if our risk estimates are consistent with your expectations.
MedMira Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MedMira |
Sharpe Ratio = 0.0354
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 47M | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 9.7 actual daily | 86 86% of assets are less volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average MedMira is performing at about 2% 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 MedMira by adding it to a well-diversified portfolio.
MedMira Valuation on May 16, 2023
It is possible to determine the worth of MedMira on a given historical date. On May 16, 2023 MedMira was worth 0.0605 at the beginning of the trading date compared to the closed value of 0.0605. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MedMira stock. Still, in general, we apply an absolute valuation method to find MedMira'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 MedMira where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MedMira's related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.06 | 0.06 | 0.06 | 60,000 | |
05/16/2023 | 0.06 | 0.06 | 0.06 | 0.06 | 60,000 |
| 0.06 | 0.06 | 0.06 | 0.06 | 60,000 |
| Backtest MedMira | | | MedMira History | | | MedMira Valuation | Previous | Next |
MedMira Trading Date Momentum on May 16, 2023
| On May 17 2023 MedMira was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.06 . The daily volume was 60 K. The net trading volume on 05/17/2023 added to the next day price reduction. The daily price change to closing price of the next trading day was 4.96% . The trading delta at closing time to current closing price is 10.74% . |
MedMira Fundamentals Correlations and Trends
By evaluating MedMira'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 MedMira's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MedMira financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MedMira Stock history
MedMira 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 MedMira is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MedMira 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 MedMira stock prices may prove useful in developing a viable investing in MedMira
MedMira Inc., a biotechnology company, researches, develops, manufactures, and commercializes rapid diagnostics and technology platforms in North America, Latin America and the Caribbean, Europe, the Asia Pacific, and internationally. The company was founded in 1993 and is headquartered in Halifax, Canada. MEDMIRA INC operates under Biotechnology classification in Germany and is traded on Frankfurt Stock Exchange.
MedMira Stock Technical Analysis
MedMira 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
MedMira Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
MedMira cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
MedMira December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how MedMira stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MedMira shares will generate the highest return on investment. By undertsting and applying MedMira stock market strength indicators, traders can identify MedMira entry and exit signals to maximize returns
MedMira Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MedMira's price direction in advance. Along with the technical and fundamental analysis of MedMira Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MedMira 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 | 0.0445 | |||
| Jensen Alpha | 0.3199 | |||
| Total Risk Alpha | (1.18) | |||
| Sortino Ratio | 0.0308 | |||
| Treynor Ratio | 0.4786 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for MedMira Stock analysis
When running MedMira's price analysis, check to measure MedMira'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 MedMira is operating at the current time. Most of MedMira's value examination focuses on studying past and present price action to predict the probability of MedMira's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MedMira's price. Additionally, you may evaluate how the addition of MedMira to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |