MeVis Medical (Germany) Price on November 29, 2024
| M3V Stock | 24.00 0.40 1.64% |
If you're considering investing in MeVis Stock, it is important to understand the factors that can impact its price. As of today, the current price of MeVis Medical stands at 24.00, as last reported on the 11th of December 2024, with the highest price reaching 24.60 and the lowest price hitting 24.00 during the day. Currently, MeVis Medical Solutions is very steady. MeVis Medical Solutions has Sharpe Ratio of 0.0831, which conveys that the firm had a 0.0831% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for MeVis Medical, which you can use to evaluate the volatility of the firm. Please verify MeVis Medical's Risk Adjusted Performance of 0.0604, market risk adjusted performance of 0.664, and Mean Deviation of 0.4923 to check out if the risk estimate we provide is consistent with the expected return of 0.07%.
MeVis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MeVis |
Sharpe Ratio = 0.0831
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average MeVis Medical is performing at about 6% 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 MeVis Medical by adding it to a well-diversified portfolio.
MeVis Medical Valuation on November 29, 2024
It is possible to determine the worth of MeVis Medical on a given historical date. On November 29, 2024 MeVis was worth 24.0 at the beginning of the trading date compared to the closed value of 24.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MeVis Medical stock. Still, in general, we apply an absolute valuation method to find MeVis 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 MeVis Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MeVis Medical's related companies.
| Open | High | Low | Close | Volume | |
| 24.00 | 24.20 | 24.00 | 24.00 | 1.00 | |
11/29/2024 | 24.00 | 24.00 | 24.00 | 24.00 | 1.00 |
| 24.00 | 24.00 | 23.80 | 23.80 | 1.00 |
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MeVis Medical Trading Date Momentum on November 29, 2024
| On December 02 2024 MeVis Medical Solutions was traded for 23.80 at the closing time. The highest price during the trading period was 24.00 and the lowest recorded bid was listed for 23.80 . There was no trading activity during the period 1.0. Lack of trading volume on December 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.83% . The trading delta at closing time to the current price is 1.67% . |
MeVis Medical Solutions Fundamentals Correlations and Trends
By evaluating MeVis 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 MeVis Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MeVis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MeVis Medical Stock history
MeVis 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 MeVis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MeVis Medical Solutions 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 MeVis Medical stock prices may prove useful in developing a viable investing in MeVis Medical
MeVis Medical Stock Technical Analysis
MeVis 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
MeVis Medical Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
MeVis Medical Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
MeVis Medical December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how MeVis 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 MeVis Medical shares will generate the highest return on investment. By undertsting and applying MeVis Medical stock market strength indicators, traders can identify MeVis Medical Solutions entry and exit signals to maximize returns
MeVis Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MeVis Medical's price direction in advance. Along with the technical and fundamental analysis of MeVis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MeVis 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 | 0.0604 | |||
| Jensen Alpha | 0.0477 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.654 |
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Additional Tools for MeVis Stock Analysis
When running MeVis Medical's price analysis, check to measure MeVis 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 MeVis Medical is operating at the current time. Most of MeVis Medical's value examination focuses on studying past and present price action to predict the probability of MeVis 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 MeVis Medical's price. Additionally, you may evaluate how the addition of MeVis Medical to your portfolios can decrease your overall portfolio volatility.