Medigene AG Price on July 12, 2024
MDGEFDelisted Stock | USD 2.59 0.00 0.00% |
If you're considering investing in Medigene Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Medigene stands at 2.59, as last reported on the 13th of December 2024, with the highest price reaching 2.59 and the lowest price hitting 2.59 during the day. We have found sixteen technical indicators for Medigene, which you can use to evaluate the volatility of the firm. Please verify Medigene's Mean Deviation of 3.5, risk adjusted performance of 0.0619, and Standard Deviation of 13.98 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
Medigene Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Medigene 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 Medigene by adding Medigene to a well-diversified portfolio.
Medigene Valuation on July 12, 2024
It is possible to determine the worth of Medigene on a given historical date. On July 12, 2024 Medigene was worth 2.24 at the beginning of the trading date compared to the closed value of 2.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medigene pink sheet. Still, in general, we apply an absolute valuation method to find Medigene'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 Medigene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medigene's related companies.
Open | High | Low | Close | Volume | |
2.24 | 2.24 | 2.24 | 2.24 | 1.00 | |
07/12/2024 | 2.24 | 2.24 | 2.24 | 2.24 | 1.00 |
2.24 | 2.24 | 2.24 | 2.24 | 1.00 |
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Medigene Trading Date Momentum on July 12, 2024
On July 15 2024 Medigene AG was traded for 2.24 at the closing time. The highest daily price throughout the period was 2.24 and the lowest price was 2.24 . There was no trading activity during the period 1.0. Lack of trading volume on 07/15/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Medigene AG Fundamentals Correlations and Trends
By evaluating Medigene'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 Medigene's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medigene financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medigene Pink Sheet history
Medigene 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 Medigene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medigene AG 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 Medigene stock prices may prove useful in developing a viable investing in Medigene
Medigene AG, a biotechnology company, focuses on the development of T cell immunotherapies for the treatment of cancer. The company was founded in 1994 and is headquartered in Munich, Germany. Medigene operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 61 people.
Medigene Pink Sheet Technical Analysis
Medigene 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
Medigene Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Medigene AG 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.
Medigene December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Medigene 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 Medigene shares will generate the highest return on investment. By undertsting and applying Medigene pink sheet market strength indicators, traders can identify Medigene AG entry and exit signals to maximize returns
Medigene Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medigene's price direction in advance. Along with the technical and fundamental analysis of Medigene Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medigene 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 | 0.0619 | |||
Jensen Alpha | 1.3 | |||
Total Risk Alpha | (0.96) | |||
Treynor Ratio | (0.33) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in Medigene Pink Sheet
If you are still planning to invest in Medigene AG check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Medigene's history and understand the potential risks before investing.
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