Mendus AB (Sweden) Price on November 28, 2024
| IMMU Stock | SEK 8.48 0.23 2.64% |
If you're considering investing in Mendus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mendus AB stands at 8.48, as last reported on the 30th of November, with the highest price reaching 8.71 and the lowest price hitting 8.31 during the day. Currently, Mendus AB is slightly risky. Mendus AB has Sharpe Ratio of 0.0075, which conveys that the firm had a 0.0075% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mendus AB, which you can use to evaluate the volatility of the firm. Please verify Mendus AB's Mean Deviation of 2.33, downside deviation of 2.9, and Risk Adjusted Performance of 0.013 to check out if the risk estimate we provide is consistent with the expected return of 0.032%.
Mendus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mendus |
Sharpe Ratio = 0.0075
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Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mendus AB 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 Mendus AB by adding Mendus AB to a well-diversified portfolio.
Mendus AB Valuation on November 28, 2024
It is possible to determine the worth of Mendus AB on a given historical date. On November 28, 2024 Mendus was worth 8.43 at the beginning of the trading date compared to the closed value of 8.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mendus AB stock. Still, in general, we apply an absolute valuation method to find Mendus AB'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 Mendus AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mendus AB's related companies.
| Open | High | Low | Close | Volume | |
| 8.19 | 9.20 | 8.19 | 8.43 | 28,231 | |
11/28/2024 | 8.43 | 8.71 | 8.31 | 8.71 | 25,544 |
| 8.71 | 8.71 | 8.31 | 8.48 | 36,576 |
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Mendus AB Trading Date Momentum on November 28, 2024
| On November 29 2024 Mendus AB was traded for 8.48 at the closing time. The highest price during the trading period was 8.71 and the lowest recorded bid was listed for 8.31 . The volume for the day was 36.6 K. This history from November 29, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.64% . The trading delta at closing time to the current price is 0.00% . |
Mendus AB Fundamentals Correlations and Trends
By evaluating Mendus AB'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 Mendus AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mendus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mendus AB Stock history
Mendus AB 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 Mendus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mendus AB 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 Mendus AB stock prices may prove useful in developing a viable investing in Mendus AB
Its lead product is ilixadencel, which is in Phase II clinical trial for the treatment of kidney cancer and Phase IbII clinical trials for the treatment of head and neck cancer, non-small cell lung cancer, and gastric cancer, as well as is in a Phase III clinical trials to treat liver cancer and gastrointestinal stromal tumors. Immunicum AB has a collaboration agreement with Merck KGaA and Pfizer Inc. to evaluate ilixadencel in combination with avelumab in multi-indication Phase IbII study. Immunicum is traded on Stockholm Stock Exchange in Sweden.
Mendus AB Stock Technical Analysis
Mendus AB 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
Mendus AB Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Mendus AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Mendus AB November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Mendus AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mendus AB shares will generate the highest return on investment. By undertsting and applying Mendus AB stock market strength indicators, traders can identify Mendus AB entry and exit signals to maximize returns
Mendus AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mendus AB's price direction in advance. Along with the technical and fundamental analysis of Mendus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mendus 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 | 0.013 | |||
| Jensen Alpha | 0.1731 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.01) |
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Additional Tools for Mendus Stock Analysis
When running Mendus AB's price analysis, check to measure Mendus AB'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 Mendus AB is operating at the current time. Most of Mendus AB's value examination focuses on studying past and present price action to predict the probability of Mendus AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mendus AB's price. Additionally, you may evaluate how the addition of Mendus AB to your portfolios can decrease your overall portfolio volatility.