Mitesco Stock Price on June 13, 2024

MITI Stock  USD 0.46  0.14  23.33%   
If you're considering investing in Mitesco Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Mitesco stands at 0.46, as last reported on the 30th of November, with the highest price reaching 0.46 and the lowest price hitting 0.39 during the day. Mitesco is out of control given 3 months investment horizon. Mitesco has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 6.38% are justified by taking the suggested risk. Use Mitesco Risk Adjusted Performance of 0.1348, downside deviation of 30.19, and Mean Deviation of 21.53 to evaluate company specific risk that cannot be diversified away.
  
Mitesco Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1669

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Estimated Market Risk

 38.2
  actual daily
96
96% of assets are less volatile

Expected Return

 5.01
  actual daily
96
96% of assets have lower returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Mitesco is performing at about 13% 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 Mitesco by adding it to a well-diversified portfolio.

Mitesco Valuation on June 13, 2024

It is possible to determine the worth of Mitesco on a given historical date. On June 13, 2024 Mitesco was worth 0.2 at the beginning of the trading date compared to the closed value of 0.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mitesco pink sheet. Still, in general, we apply an absolute valuation method to find Mitesco'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 Mitesco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mitesco's related companies.
 Open High Low Close Volume
  0.12    0.30    0.12    0.30    1,400  
06/13/2024
  0.20    0.29    0.20    0.29    3,000  
  0.30    0.30    0.30    0.30    800.00  
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Open Value
0.2
0.29
Closing Value
114.79
Upside

Mitesco Trading Date Momentum on June 13, 2024

On June 14 2024 Mitesco was traded for  0.30  at the closing time. The top price for the day was 0.30  and the lowest listed price was  0.30 . The trading volume for the day was 800. The trading history from June 14, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 3.45% . The trading delta at closing time against the current closing price is 55.17% .

Mitesco Fundamentals Correlations and Trends

By evaluating Mitesco'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 Mitesco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mitesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mitesco Pink Sheet history

Mitesco 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 Mitesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mitesco 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 Mitesco stock prices may prove useful in developing a viable investing in Mitesco
Mitesco, Inc. operates medical clinics under the The Good Clinic name in North East Minneapolis, the United States. The company was formerly known as True Nature Holding, Inc. and changed its name to Mitesco, Inc. in April 2020. Mitesco operates under Health Information Services classification in the United States and is traded on OTC Exchange. It employs 27 people.

Mitesco Pink Sheet Technical Analysis

Mitesco 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.
A focus of Mitesco technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mitesco trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mitesco Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mitesco 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.

Mitesco November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Mitesco 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 Mitesco shares will generate the highest return on investment. By undertsting and applying Mitesco pink sheet market strength indicators, traders can identify Mitesco entry and exit signals to maximize returns

Mitesco Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mitesco's price direction in advance. Along with the technical and fundamental analysis of Mitesco Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mitesco 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.

Complementary Tools for Mitesco Pink Sheet analysis

When running Mitesco's price analysis, check to measure Mitesco'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 Mitesco is operating at the current time. Most of Mitesco's value examination focuses on studying past and present price action to predict the probability of Mitesco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitesco's price. Additionally, you may evaluate how the addition of Mitesco to your portfolios can decrease your overall portfolio volatility.
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