Medigus Ltd ADR Price on July 3, 2023

MDGSDelisted Stock  USD 1.73  0.01  0.58%   
If you're considering investing in Medigus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medigus stands at 1.73, as last reported on the 1st of December, with the highest price reaching 1.85 and the lowest price hitting 1.70 during the day. We have found twenty-four technical indicators for Medigus, which you can use to evaluate the volatility of the firm. Please verify Medigus' Standard Deviation of 6.56, risk adjusted performance of (0.04), and Mean Deviation of 4.51 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Medigus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Medigus 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 Medigus by adding Medigus to a well-diversified portfolio.

Related Headline

RA Medical Headline on 3rd of July 2023

Ra Medical Systems, Inc. has announced that it has undertaken a strong effort to expand its distribution outside of the US. Last week RMED announced it has filed for the CE Mark on LockeT, its new device to assist in closure of percutaneous puncture sites. The effort to expand international distribution reflects the anticipated timing of the receipt of the LockeT CE Mark, which is expected during this third quarter.

Medigus Valuation on July 3, 2023

It is possible to determine the worth of Medigus on a given historical date. On July 3, 2023 Medigus was worth 4.82 at the beginning of the trading date compared to the closed value of 4.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medigus stock. Still, in general, we apply an absolute valuation method to find Medigus' 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 Medigus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medigus' related companies.
 Open High Low Close Volume
  4.95    4.95    4.80    4.80    2,084  
07/03/2023
  4.82    4.93    4.73    4.73    3,033  
  4.72    5.00    4.52    4.56    93,194  
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Open Value
4.82
4.73
Closing Value
4.82
Upside

Medigus Trading Date Momentum on July 3, 2023

On July 05 2023 Medigus Ltd ADR was traded for  4.56  at the closing time. The top price for the day was 5.00  and the lowest listed price was  4.52 . The trading volume for the day was 93.2 K. The trading history from July 5, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.59% . The trading delta at closing time against the current closing price is 3.17% .

Medigus Ltd ADR Fundamentals Correlations and Trends

By evaluating Medigus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Medigus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medigus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Medigus Stock history

Medigus 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 Medigus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medigus Ltd ADR 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 Medigus stock prices may prove useful in developing a viable investing in Medigus
Medigus Ltd., a technology-based company, provides medical-related devices and products in the United States, Europe, China, Israel, and internationally. Medigus Ltd. was incorporated in 1999 and is headquartered in Tel Aviv-Yafo, Israel. Medigus operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 26 people.

Medigus Stock Technical Analysis

Medigus 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, delisted stock market cycles, or different charting patterns.
A focus of Medigus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Medigus 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

Medigus Period Price Range

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Medigus Ltd ADR cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Medigus December 1, 2024 Market Strength

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

Medigus Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Medigus' price direction in advance. Along with the technical and fundamental analysis of Medigus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medigus 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.
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 price.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Other Consideration for investing in Medigus Stock

If you are still planning to invest in Medigus Ltd ADR 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 Medigus' history and understand the potential risks before investing.
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