Spectral Med Stock Price on November 1, 2024

EDTXF Stock  USD 0.34  0.01  2.86%   
If you're considering investing in Spectral Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Spectral Med stands at 0.34, as last reported on the 23rd of January, with the highest price reaching 0.42 and the lowest price hitting 0.34 during the day. Spectral Med owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14 % return per unit of risk over the last 3 months. Spectral Med exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spectral Med's Risk Adjusted Performance of (0.11), variance of 16.88, and Coefficient Of Variation of (726.32) to confirm the risk estimate we provide.
  
Spectral Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1377

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Estimated Market Risk

 4.11
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.57
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Spectral Med 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 Spectral Med by adding Spectral Med to a well-diversified portfolio.

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Spectral Med Valuation on November 1, 2024

It is possible to determine the worth of Spectral Med on a given historical date. On November 1, 2024 Spectral was worth 0.44 at the beginning of the trading date compared to the closed value of 0.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spectral Med pink sheet. Still, in general, we apply an absolute valuation method to find Spectral Med'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 Spectral Med where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spectral Med's related companies.
 Open High Low Close Volume
  0.37    0.44    0.37    0.44    9,066  
11/01/2024
  0.44    0.44    0.44    0.44    1.00  
  0.43    0.43    0.43    0.43    5,500  
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Open Value
0.44
0.44
Closing Value
12.77
Upside

Spectral Med Trading Date Momentum on November 1, 2024

On November 04 2024 Spectral Med was traded for  0.43  at the closing time. The highest daily price throughout the period was 0.43  and the lowest price was  0.43 . The daily volume was 5.5 K. The net trading volume on 11/04/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.27% . The trading price change to current closing price is 9.09% .

Spectral Med Fundamentals Correlations and Trends

By evaluating Spectral Med'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 Spectral Med's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spectral financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Spectral Med Pink Sheet history

Spectral Med 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 Spectral is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spectral Med 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 Spectral Med stock prices may prove useful in developing a viable investing in Spectral Med
Spectral Medical Inc., together with its subsidiaries, focuses on the development and commercialization of products for the treatment of septic shock and renal disease in North America. Spectral Medical Inc. was incorporated in 1991 and is headquartered in Toronto, Canada. SPECTRAL MEDICAL operates under Diagnostics Research classification in the United States and is traded on OTC Exchange. It employs 31 people.

Spectral Med Pink Sheet Technical Analysis

Spectral Med technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Spectral Med technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Spectral Med 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...

Price Boundaries

Spectral Med Period Price Range

Low
January 23, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Spectral Med cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Spectral Med January 23, 2025 Market Strength

Market strength indicators help investors to evaluate how Spectral Med pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spectral Med shares will generate the highest return on investment. By undertsting and applying Spectral Med pink sheet market strength indicators, traders can identify Spectral Med entry and exit signals to maximize returns

Spectral Med Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Spectral Med's price direction in advance. Along with the technical and fundamental analysis of Spectral Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spectral 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.

Complementary Tools for Spectral Pink Sheet analysis

When running Spectral Med's price analysis, check to measure Spectral Med'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 Spectral Med is operating at the current time. Most of Spectral Med's value examination focuses on studying past and present price action to predict the probability of Spectral Med's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectral Med's price. Additionally, you may evaluate how the addition of Spectral Med to your portfolios can decrease your overall portfolio volatility.
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