Midland Exploration Stock Price on July 3, 2024

MD Stock  CAD 0.36  0.01  2.86%   
Below is the normalized historical share price chart for Midland Exploration extending back to March 02, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Midland Exploration stands at 0.36, as last reported on the 1st of December, with the highest price reaching 0.37 and the lowest price hitting 0.35 during the day.
200 Day MA
0.3541
50 Day MA
0.3334
Beta
1.053
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Midland Stock, it is important to understand the factors that can impact its price. Midland Exploration appears to be out of control, given 3 months investment horizon. Midland Exploration has Sharpe Ratio of 0.0741, which conveys that the firm had a 0.0741% return per unit of risk over the last 3 months. We have found thirty technical indicators for Midland Exploration, which you can use to evaluate the volatility of the firm. Please exercise Midland Exploration's Mean Deviation of 2.07, downside deviation of 3.75, and Risk Adjusted Performance of 0.051 to check out if our risk estimates are consistent with your expectations.
  
At this time, Midland Exploration's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 50.3 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 4.4 M in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.75 in 2024, whereas Price To Sales Ratio is likely to drop 110.87 in 2024. Midland Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0741

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Estimated Market Risk

 3.12
  actual daily
27
73% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Midland Exploration is performing at about 5% 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 Midland Exploration by adding it to a well-diversified portfolio.
Price Book
0.7794
Enterprise Value Ebitda
(13.22)
Price Sales
102.7013
Shares Float
73.3 M
Wall Street Target Price
1.45

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Midland Exploration Valuation on July 3, 2024

It is possible to determine the worth of Midland Exploration on a given historical date. On July 3, 2024 Midland was worth 0.33 at the beginning of the trading date compared to the closed value of 0.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Midland Exploration stock. Still, in general, we apply an absolute valuation method to find Midland Exploration'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 Midland Exploration where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Midland Exploration's related companies.
 Open High Low Close Volume
  0.33    0.34    0.32    0.33    24,300  
07/03/2024
  0.33    0.33    0.33    0.33    13,540  
  0.34    0.35    0.34    0.35    2,963  
Backtest Midland Exploration  |  Midland Exploration History  |  Midland Exploration Valuation   PreviousNext  
Open Value
0.33
0.33
Closing Value
9.68
Upside

Midland Exploration Trading Date Momentum on July 3, 2024

On July 04 2024 Midland Exploration was traded for  0.35  at the closing time. The top price for the day was 0.35  and the lowest listed price was  0.34 . The trading volume for the day was 3 K. The trading history from July 4, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 6.06% . The trading delta at closing time against the current closing price is 6.06% .

Midland Exploration Fundamentals Correlations and Trends

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

About Midland Exploration Stock history

Midland Exploration 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 Midland is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Midland Exploration 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 Midland Exploration stock prices may prove useful in developing a viable investing in Midland Exploration
Last ReportedProjected for Next Year
Common Stock Shares Outstanding93.9 M47.4 M
Net Loss-1.7 M-1.8 M

Midland Exploration Quarterly Net Working Capital

4.38 Million

Midland Exploration Stock Technical Analysis

Midland Exploration 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.
A focus of Midland Exploration technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Midland Exploration 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

Midland Exploration Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Midland Exploration cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Midland Exploration December 1, 2024 Market Strength

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

Midland Exploration Technical and Predictive Indicators

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

Additional Tools for Midland Stock Analysis

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