Mdica Sur (Mexico) Price on December 19, 2023
MEDICAB Stock | MXN 32.00 1.50 4.92% |
If you're considering investing in Mdica Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mdica Sur stands at 32.00, as last reported on the 26th of November, with the highest price reaching 32.00 and the lowest price hitting 31.11 during the day. Mdica Sur SAB has Sharpe Ratio of -0.0427, which conveys that the firm had a -0.0427% return per unit of risk over the last 3 months. Mdica Sur exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mdica Sur's Standard Deviation of 1.53, mean deviation of 1.04, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide.
Mdica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mdica |
Sharpe Ratio = -0.0427
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Estimated Market Risk
1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mdica Sur 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 Mdica Sur by adding Mdica Sur to a well-diversified portfolio.
Mdica Sur Valuation on December 19, 2023
It is possible to determine the worth of Mdica Sur on a given historical date. On December 19, 2023 Mdica was worth 36.96 at the beginning of the trading date compared to the closed value of 38.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mdica Sur stock. Still, in general, we apply an absolute valuation method to find Mdica Sur'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 Mdica Sur where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mdica Sur's related companies.
Open | High | Low | Close | Volume | |
39.18 | 39.18 | 35.62 | 35.62 | 25,758 | |
12/19/2023 | 36.96 | 38.58 | 36.96 | 38.58 | 855.00 |
39.27 | 39.95 | 39.27 | 39.94 | 2,274 |
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Mdica Sur Trading Date Momentum on December 19, 2023
On December 20 2023 Mdica Sur SAB was traded for 39.94 at the closing time. The highest price during the trading period was 39.95 and the lowest recorded bid was listed for 39.27 . The volume for the day was 2.3 K. This history from December 20, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 3.53% . The trading delta at closing time to the current price is 2.28% . |
Mdica Sur SAB Fundamentals Correlations and Trends
By evaluating Mdica Sur'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 Mdica Sur's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mdica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mdica Sur Stock history
Mdica Sur 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 Mdica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mdica Sur SAB 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 Mdica Sur stock prices may prove useful in developing a viable investing in Mdica Sur
Mdica Sur, S.A.B. de C.V. operates as a healthcare institution in Mexico. It also provides radiotherapy, imaging, and checkup services, as well as medical insurance services. MEDICA SUR operates under Medical Care Facilities classification in Mexico and is traded on Mexico Stock Exchange. It employs 3573 people.
Mdica Sur Stock Technical Analysis
Mdica Sur 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
Mdica Sur Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Mdica Sur SAB cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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.
Mdica Sur November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Mdica Sur stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mdica Sur shares will generate the highest return on investment. By undertsting and applying Mdica Sur stock market strength indicators, traders can identify Mdica Sur SAB entry and exit signals to maximize returns
Mdica Sur Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mdica Sur's price direction in advance. Along with the technical and fundamental analysis of Mdica Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mdica 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 | (0.09) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | (1.76) |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for Mdica Stock analysis
When running Mdica Sur's price analysis, check to measure Mdica Sur'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 Mdica Sur is operating at the current time. Most of Mdica Sur's value examination focuses on studying past and present price action to predict the probability of Mdica Sur's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mdica Sur's price. Additionally, you may evaluate how the addition of Mdica Sur to your portfolios can decrease your overall portfolio volatility.
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