Medhelp Care (Sweden) Price on November 5, 2024
| MEDHLP Stock | 2.98 0.02 0.68% |
If you're considering investing in Medhelp Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medhelp Care stands at 2.98, as last reported on the 2nd of December, with the highest price reaching 2.98 and the lowest price hitting 2.90 during the day. Medhelp Care appears to be risky, given 3 months investment horizon. Medhelp Care AB has Sharpe Ratio of 0.0772, which conveys that the firm had a 0.0772% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Medhelp Care, which you can use to evaluate the volatility of the firm. Please exercise Medhelp Care's Mean Deviation of 2.21, downside deviation of 3.04, and Risk Adjusted Performance of 0.0542 to check out if our risk estimates are consistent with your expectations.
Medhelp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Medhelp |
Sharpe Ratio = 0.0772
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Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Medhelp Care is performing at about 6% 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 Medhelp Care by adding it to a well-diversified portfolio.
Medhelp Care Valuation on November 5, 2024
It is possible to determine the worth of Medhelp Care on a given historical date. On November 5, 2024 Medhelp was worth 2.68 at the beginning of the trading date compared to the closed value of 2.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medhelp Care stock. Still, in general, we apply an absolute valuation method to find Medhelp Care'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 Medhelp Care where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medhelp Care's related companies.
| Open | High | Low | Close | Volume | |
| 2.86 | 2.90 | 2.76 | 2.78 | 19,297 | |
11/05/2024 | 2.68 | 2.82 | 2.68 | 2.82 | 6,516 |
| 3.02 | 3.02 | 2.74 | 2.80 | 11,534 |
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Medhelp Care Trading Date Momentum on November 5, 2024
| On November 06 2024 Medhelp Care AB was traded for 2.80 at the closing time. The highest price during the trading period was 3.02 and the lowest recorded bid was listed for 2.74 . The volume for the day was 11.5 K. This history from November 6, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.71% . The trading delta at closing time to the current price is 2.84% . |
Medhelp Care AB Fundamentals Correlations and Trends
By evaluating Medhelp Care'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 Medhelp Care's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medhelp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medhelp Care Stock history
Medhelp Care 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 Medhelp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medhelp Care AB 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 Medhelp Care stock prices may prove useful in developing a viable investing in Medhelp Care
Medhelp Care Stock Technical Analysis
Medhelp Care 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, stock market cycles, or different charting patterns.
Price Boundaries
Medhelp Care Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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Medhelp Care December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Medhelp Care stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medhelp Care shares will generate the highest return on investment. By undertsting and applying Medhelp Care stock market strength indicators, traders can identify Medhelp Care AB entry and exit signals to maximize returns
Medhelp Care Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medhelp Care's price direction in advance. Along with the technical and fundamental analysis of Medhelp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medhelp 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 | 0.0542 | |||
| Jensen Alpha | 0.2788 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0144 | |||
| Treynor Ratio | (0.20) |
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| Volume Indicators |
Complementary Tools for Medhelp Stock analysis
When running Medhelp Care's price analysis, check to measure Medhelp Care'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 Medhelp Care is operating at the current time. Most of Medhelp Care's value examination focuses on studying past and present price action to predict the probability of Medhelp Care's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medhelp Care's price. Additionally, you may evaluate how the addition of Medhelp Care to your portfolios can decrease your overall portfolio volatility.
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