MDJM Price on September 5, 2023
MDJHDelisted Stock | USD 0.16 0.00 0.00% |
If you're considering investing in MDJM Stock, it is important to understand the factors that can impact its price. As of today, the current price of MDJM stands at 0.16, as last reported on the 4th of December, with the highest price reaching 0.16 and the lowest price hitting 0.15 during the day. MDJM has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of volatility over the last 3 months. MDJM exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MDJM's mean deviation of 6.47, and Risk Adjusted Performance of (0.11) to check out the risk estimate we provide.
MDJM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MDJM |
Sharpe Ratio = -0.1687
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Estimated Market Risk
12.09 actual daily | 96 96% of assets are less volatile |
Expected Return
-2.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MDJM 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 MDJM by adding MDJM to a well-diversified portfolio.
MDJM Valuation on September 5, 2023
It is possible to determine the worth of MDJM on a given historical date. On September 5, 2023 MDJM was worth 1.8 at the beginning of the trading date compared to the closed value of 1.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MDJM stock. Still, in general, we apply an absolute valuation method to find MDJM'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 MDJM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MDJM's related companies.
Open | High | Low | Close | Volume | |
1.74 | 1.85 | 1.74 | 1.80 | 2,300 | |
09/05/2023 | 1.80 | 1.80 | 1.80 | 1.80 | 1.00 |
1.79 | 1.85 | 1.68 | 1.74 | 1,200 |
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MDJM Trading Date Momentum on September 5, 2023
On September 06 2023 MDJM was traded for 1.74 at the closing time. The top price for the day was 1.85 and the lowest listed price was 1.68 . The trading volume for the day was 1.2 K. The trading history from September 6, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.33% . The trading delta at closing time against the current closing price is 9.44% . |
MDJM Fundamentals Correlations and Trends
By evaluating MDJM'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 MDJM's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MDJM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MDJM Stock history
MDJM 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 MDJM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MDJM 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 MDJM stock prices may prove useful in developing a viable investing in MDJM
MDJM Ltd, through its subsidiaries and variable interest entity, operates as an integrated real estate services company in the Peoples Republic of China. MDJM Ltd was founded in 2002 and is headquartered in Tianjin, the Peoples Republic of China. Mdjm is traded on NASDAQ Exchange in the United States.
MDJM Stock Technical Analysis
MDJM 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.
Price Boundaries
MDJM Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
MDJM 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.
MDJM December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how MDJM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MDJM shares will generate the highest return on investment. By undertsting and applying MDJM stock market strength indicators, traders can identify MDJM entry and exit signals to maximize returns
MDJM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MDJM's price direction in advance. Along with the technical and fundamental analysis of MDJM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MDJM 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 | (0.11) | |||
Jensen Alpha | (1.73) | |||
Total Risk Alpha | (3.50) | |||
Treynor Ratio | 1.16 |
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Overlap Studies | ||
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Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDJM. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in MDJM Stock
If you are still planning to invest in MDJM 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 MDJM's history and understand the potential risks before investing.
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