Diagnostic Medical (France) Price on November 20, 2024
| ALDMS Stock | 0.77 0.02 2.67% |
If you're considering investing in Diagnostic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Diagnostic Medical stands at 0.77, as last reported on the 11th of December 2024, with the highest price reaching 0.77 and the lowest price hitting 0.71 during the day. Diagnostic Medical secures Sharpe Ratio (or Efficiency) of -0.0786, which denotes the company had a -0.0786% return per unit of standard deviation over the last 3 months. Diagnostic Medical Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diagnostic Medical's Standard Deviation of 3.63, coefficient of variation of (1,175), and Mean Deviation of 2.46 to check the risk estimate we provide.
Diagnostic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Diagnostic |
Sharpe Ratio = -0.0786
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Estimated Market Risk
| 3.68 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Diagnostic Medical 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 Diagnostic Medical by adding Diagnostic Medical to a well-diversified portfolio.
Diagnostic Medical Valuation on November 20, 2024
It is possible to determine the worth of Diagnostic Medical on a given historical date. On November 20, 2024 Diagnostic was worth 0.75 at the beginning of the trading date compared to the closed value of 0.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diagnostic Medical stock. Still, in general, we apply an absolute valuation method to find Diagnostic Medical'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 Diagnostic Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diagnostic Medical's related companies.
| Open | High | Low | Close | Volume | |
| 0.80 | 0.80 | 0.74 | 0.77 | 11,035 | |
11/20/2024 | 0.75 | 0.77 | 0.75 | 0.75 | 9,243 |
| 0.75 | 0.81 | 0.75 | 0.81 | 5,215 |
| Backtest Diagnostic Medical | | | Diagnostic Medical History | | | Diagnostic Medical Valuation | Previous | Next |
Diagnostic Medical Trading Date Momentum on November 20, 2024
| On November 21 2024 Diagnostic Medical Systems was traded for 0.81 at the closing time. The highest price during the trading period was 0.81 and the lowest recorded bid was listed for 0.75 . The volume for the day was 5.2 K. This history from November 21, 2024 contributed to the next trading day price gain. The overall trading delta to the next closing price was 8.00% . The overall trading delta to the current price is 4.00% . |
Diagnostic Medical Fundamentals Correlations and Trends
By evaluating Diagnostic Medical'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 Diagnostic Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Diagnostic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Diagnostic Medical Stock history
Diagnostic Medical 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 Diagnostic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diagnostic Medical 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 Diagnostic Medical stock prices may prove useful in developing a viable investing in Diagnostic Medical
Diagnostic Medical Stock Technical Analysis
Diagnostic Medical 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
Diagnostic Medical Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Diagnostic Medical Systems cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Diagnostic Medical December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Diagnostic Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Diagnostic Medical shares will generate the highest return on investment. By undertsting and applying Diagnostic Medical stock market strength indicators, traders can identify Diagnostic Medical Systems entry and exit signals to maximize returns
Diagnostic Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Diagnostic Medical's price direction in advance. Along with the technical and fundamental analysis of Diagnostic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Diagnostic 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 | (0.05) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.90) | |||
| Treynor Ratio | (1.57) |
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Additional Tools for Diagnostic Stock Analysis
When running Diagnostic Medical's price analysis, check to measure Diagnostic Medical'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 Diagnostic Medical is operating at the current time. Most of Diagnostic Medical's value examination focuses on studying past and present price action to predict the probability of Diagnostic Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diagnostic Medical's price. Additionally, you may evaluate how the addition of Diagnostic Medical to your portfolios can decrease your overall portfolio volatility.