Mednax Inc Stock Price on November 1, 2024
| MD Stock | USD 14.75 0.26 1.79% |
If you're considering investing in Mednax Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mednax stands at 14.75, as last reported on the 22nd of November, with the highest price reaching 14.76 and the lowest price hitting 14.36 during the day. Mednax appears to be somewhat reliable, given 3 months investment horizon. Mednax Inc has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mednax, which you can use to evaluate the volatility of the firm. Please exercise Mednax's Downside Deviation of 1.85, risk adjusted performance of 0.1107, and Mean Deviation of 1.99 to check out if our risk estimates are consistent with your expectations.
Mednax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mednax |
Sharpe Ratio = 0.1348
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Mednax is performing at about 10% 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 Mednax by adding it to a well-diversified portfolio.
Mednax Valuation on November 1, 2024
It is possible to determine the worth of Mednax on a given historical date. On November 1, 2024 Mednax was worth 13.8 at the beginning of the trading date compared to the closed value of 15.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mednax stock. Still, in general, we apply an absolute valuation method to find Mednax'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 Mednax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mednax's related companies.
| Open | High | Low | Close | Volume | |
| 12.68 | 12.75 | 12.29 | 12.32 | 626,036 | |
11/01/2024 | 13.80 | 15.42 | 12.96 | 15.21 | 3,254,058 |
| 15.39 | 15.43 | 14.67 | 15.14 | 1,194,245 |
| Backtest Mednax | | | Mednax History | | | Mednax Valuation | Previous | Next |
Mednax Trading Date Momentum on November 1, 2024
| On November 04 2024 Mednax Inc was traded for 15.14 at the closing time. The highest price during the trading period was 15.43 and the lowest recorded bid was listed for 14.67 . The volume for the day was 1.2 M. This history from November 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.46% . The trading delta at closing time to the current price is 5.59% . |
Mednax Inc Fundamentals Correlations and Trends
By evaluating Mednax'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 Mednax's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mednax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mednax Stock history
Mednax 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 Mednax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mednax Inc 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 Mednax stock prices may prove useful in developing a viable investing in Mednax
Pediatrix Medical Group, Inc., together with its subsidiaries, provides newborn, maternal-fetal, pediatric cardiology, and other pediatric subspecialty care services in the United States and Puerto Rico. Pediatrix Medical Group, Inc. was founded in 1979 and is based in Sunrise, Florida. Pediatrix Medical operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. It employs 5000 people.
Mednax Stock Technical Analysis
Mednax 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
Mednax Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Mednax Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Mednax November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Mednax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mednax shares will generate the highest return on investment. By undertsting and applying Mednax stock market strength indicators, traders can identify Mednax Inc entry and exit signals to maximize returns
Mednax Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mednax's price direction in advance. Along with the technical and fundamental analysis of Mednax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mednax 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 | 0.1107 | |||
| Jensen Alpha | 0.5605 | |||
| Total Risk Alpha | 0.0055 | |||
| Sortino Ratio | 0.2022 | |||
| Treynor Ratio | (0.54) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Mednax Stock analysis
When running Mednax's price analysis, check to measure Mednax'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 Mednax is operating at the current time. Most of Mednax's value examination focuses on studying past and present price action to predict the probability of Mednax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mednax's price. Additionally, you may evaluate how the addition of Mednax to your portfolios can decrease your overall portfolio volatility.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |