Mayne Pharma Group Stock Price on July 1, 2024
| MAYNF Stock | USD 3.10 0.10 3.33% |
If you're considering investing in Mayne Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mayne Pharma stands at 3.10, as last reported on the 13th of December 2024, with the highest price reaching 3.10 and the lowest price hitting 2.85 during the day. Mayne Pharma appears to be very risky, given 3 months investment horizon. Mayne Pharma Group has Sharpe Ratio of 0.0946, which conveys that the firm had a 0.0946% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Mayne Pharma, which you can use to evaluate the volatility of the firm. Please exercise Mayne Pharma's Standard Deviation of 4.18, risk adjusted performance of 0.0524, and Mean Deviation of 1.47 to check out if our risk estimates are consistent with your expectations.
Mayne Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Mayne |
Sharpe Ratio = 0.0946
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Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Mayne Pharma is performing at about 7% 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 Mayne Pharma by adding it to a well-diversified portfolio.
Mayne Pharma Valuation on July 1, 2024
It is possible to determine the worth of Mayne Pharma on a given historical date. On July 1, 2024 Mayne was worth 3.0 at the beginning of the trading date compared to the closed value of 3.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mayne Pharma pink sheet. Still, in general, we apply an absolute valuation method to find Mayne Pharma'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 Mayne Pharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mayne Pharma's related companies.
| Open | High | Low | Close | Volume | |
| 3.00 | 3.00 | 3.00 | 3.00 | 1.00 | |
07/01/2024 | 3.00 | 3.00 | 3.00 | 3.00 | 1.00 |
| 2.67 | 3.00 | 2.67 | 3.00 | 700.00 |
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Mayne Pharma Trading Date Momentum on July 1, 2024
| On July 02 2024 Mayne Pharma Group was traded for 3.00 at the closing time. The highest daily price throughout the period was 3.00 and the lowest price was 2.67 . The daily volume was 700. The net trading volume on 07/02/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Mayne Pharma Group Fundamentals Correlations and Trends
By evaluating Mayne Pharma'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 Mayne Pharma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mayne financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mayne Pharma Pink Sheet history
Mayne Pharma 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 Mayne is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mayne Pharma Group 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 Mayne Pharma stock prices may prove useful in developing a viable investing in Mayne Pharma
Mayne Pharma Group Limited, a specialty pharmaceutical company, manufactures and sells branded and generic pharmaceutical products in Australia, New Zealand, the United States, Canada, Europe and Asia. Mayne Pharma Group Limited was incorporated in 2005 and is based in Salisbury South, Australia. Mayne Pharma operates under Drug ManufacturersGeneral classification in the United States and is traded on OTC Exchange.
Mayne Pharma Pink Sheet Technical Analysis
Mayne Pharma 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.
Price Boundaries
Mayne Pharma Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Mayne Pharma Group 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.
Mayne Pharma December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Mayne Pharma 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 Mayne Pharma shares will generate the highest return on investment. By undertsting and applying Mayne Pharma pink sheet market strength indicators, traders can identify Mayne Pharma Group entry and exit signals to maximize returns
Mayne Pharma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mayne Pharma's price direction in advance. Along with the technical and fundamental analysis of Mayne Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mayne 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 | 0.0524 | |||
| Jensen Alpha | 0.2295 | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 1.74 |
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| Volume Indicators |
Complementary Tools for Mayne Pink Sheet analysis
When running Mayne Pharma's price analysis, check to measure Mayne Pharma'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 Mayne Pharma is operating at the current time. Most of Mayne Pharma's value examination focuses on studying past and present price action to predict the probability of Mayne Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayne Pharma's price. Additionally, you may evaluate how the addition of Mayne Pharma to your portfolios can decrease your overall portfolio volatility.
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