Mdm Permian Stock Price on October 29, 2024
| MDMP Stock | USD 0.01 0 9.09% |
If you're considering investing in MDM Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of MDM Permian stands at 0.01, as last reported on the 26th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. MDM Permian appears to be out of control, given 3 months investment horizon. MDM Permian has Sharpe Ratio of 0.0664, which conveys that the firm had a 0.0664% return per unit of volatility over the last 3 months. By evaluating MDM Permian's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please exercise MDM Permian's mean deviation of 7.56, and Risk Adjusted Performance of 0.0593 to check out if our risk estimates are consistent with your expectations.
MDM Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
MDM |
Sharpe Ratio = 0.0664
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Estimated Market Risk
| 11.64 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average MDM Permian 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 MDM Permian by adding it to a well-diversified portfolio.
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MDM Permian Valuation on October 29, 2024
It is possible to determine the worth of MDM Permian on a given historical date. On October 29, 2024 MDM was worth 0.01 at the beginning of the trading date compared to the closed value of 0.008. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MDM Permian pink sheet. Still, in general, we apply an absolute valuation method to find MDM Permian'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 MDM Permian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MDM Permian's related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 4,400 | |
10/29/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 523,800 |
| 0.01 | 0.01 | 0.01 | 0.01 | 361,500 |
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MDM Permian Trading Date Momentum on October 29, 2024
| On October 30 2024 MDM Permian was traded for 0.01 at the closing time. The top price for the day was 0.01 and the lowest listed price was 0.01 . The trading volume for the day was 361.5 K. The trading history from October 30, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.50% . |
MDM Permian Fundamentals Correlations and Trends
By evaluating MDM Permian'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 MDM Permian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MDM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MDM Permian Pink Sheet history
MDM Permian 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 MDM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MDM Permian 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 MDM Permian stock prices may prove useful in developing a viable investing in MDM Permian
MDM Permian, Inc. engages in the drilling and production of oil and gas properties. It primarily focuses on the oil and gas drilling prospects in the Midland Basin of West Texas. Mdm Permian operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
MDM Permian Pink Sheet Technical Analysis
MDM Permian 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
MDM Permian Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
MDM Permian 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.
MDM Permian November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how MDM Permian 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 MDM Permian shares will generate the highest return on investment. By undertsting and applying MDM Permian pink sheet market strength indicators, traders can identify MDM Permian entry and exit signals to maximize returns
MDM Permian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MDM Permian's price direction in advance. Along with the technical and fundamental analysis of MDM Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of MDM 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 | 0.0593 | |||
| Jensen Alpha | 0.4613 | |||
| Total Risk Alpha | (1.04) | |||
| Sortino Ratio | 0.0428 | |||
| Treynor Ratio | 0.315 |
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Additional Tools for MDM Pink Sheet Analysis
When running MDM Permian's price analysis, check to measure MDM Permian'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 MDM Permian is operating at the current time. Most of MDM Permian's value examination focuses on studying past and present price action to predict the probability of MDM Permian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDM Permian's price. Additionally, you may evaluate how the addition of MDM Permian to your portfolios can decrease your overall portfolio volatility.