Medx Health Corp Stock Price on May 7, 2024
MDXHF Stock | USD 0.0008 0.00 0.00% |
If you're considering investing in MedX Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of MedX Health stands at 0.0008, as last reported on the 18th of January 2025, with the highest price reaching 0.0008 and the lowest price hitting 0.0008 during the day. MedX Health Corp has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. MedX Health exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MedX Health's Mean Deviation of 3.47, risk adjusted performance of (0.11), and Standard Deviation of 12.27 to check out the risk estimate we provide.
MedX Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
MedX |
Sharpe Ratio = -0.1468
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Estimated Market Risk
12.37 actual daily | 96 96% of assets are less volatile |
Expected Return
-1.82 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MedX Health 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 MedX Health by adding MedX Health to a well-diversified portfolio.
MedX Health Valuation on May 7, 2024
It is possible to determine the worth of MedX Health on a given historical date. On May 7, 2024 MedX was worth 0.05 at the beginning of the trading date compared to the closed value of 0.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MedX Health pink sheet. Still, in general, we apply an absolute valuation method to find MedX Health'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 MedX Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MedX Health's related companies.
Open | High | Low | Close | Volume | |
0.05 | 0.05 | 0.05 | 0.05 | 1.00 | |
05/07/2024 | 0.05 | 0.05 | 0.05 | 0.05 | 1.00 |
0.05 | 0.05 | 0.05 | 0.05 | 1.00 |
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MedX Health Trading Date Momentum on May 7, 2024
On May 08 2024 MedX Health Corp was traded for 0.05 at the closing time. The highest daily price throughout the period was 0.05 and the lowest price was 0.05 . There was no trading activity during the period 1.0. Lack of trading volume on 05/08/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
MedX Health Corp Fundamentals Correlations and Trends
By evaluating MedX Health'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 MedX Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MedX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MedX Health Pink Sheet history
MedX Health 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 MedX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MedX Health Corp 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 MedX Health stock prices may prove useful in developing a viable investing in MedX Health
MedX Health Corp, a medical device and software company, develops, manufactures, and markets skin related screening tools and phototherapy devices for pain relief and tissue repair in Canada, the United States, and internationally. The company was incorporated in 1999 and is headquartered in Mississauga, Canada. MEDX HEALTH operates under Medical Devices classification in the United States and is traded on OTC Exchange.
MedX Health Pink Sheet Technical Analysis
MedX Health 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
MedX Health Period Price Range
Low | January 18, 2025
| High |
0.00 | 0.00 |
MedX Health Corp 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.
MedX Health January 18, 2025 Market Strength
Market strength indicators help investors to evaluate how MedX Health 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 MedX Health shares will generate the highest return on investment. By undertsting and applying MedX Health pink sheet market strength indicators, traders can identify MedX Health Corp entry and exit signals to maximize returns
MedX Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MedX Health's price direction in advance. Along with the technical and fundamental analysis of MedX Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of MedX 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 | (1.84) | |||
Total Risk Alpha | (2.09) | |||
Treynor Ratio | (0.76) |
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Volume Indicators |
Complementary Tools for MedX Pink Sheet analysis
When running MedX Health's price analysis, check to measure MedX Health'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 MedX Health is operating at the current time. Most of MedX Health's value examination focuses on studying past and present price action to predict the probability of MedX Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MedX Health's price. Additionally, you may evaluate how the addition of MedX Health to your portfolios can decrease your overall portfolio volatility.
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