Medmira Stock Price on November 25, 2024
| MMIRF Stock | USD 0.06 0.0004 0.69% |
If you're considering investing in MedMira Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of MedMira stands at 0.06, as last reported on the 30th of November, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day. MedMira is out of control given 3 months investment horizon. MedMira has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 5.02% are justified by taking the suggested risk. Use MedMira Standard Deviation of 38.68, risk adjusted performance of 0.106, and Mean Deviation of 9.7 to evaluate company specific risk that cannot be diversified away.
MedMira Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
MedMira |
Sharpe Ratio = 0.1278
| Best Portfolio | Best Equity | MMIRF | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 39.27 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
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average MedMira is performing at about 10% 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 MedMira by adding it to a well-diversified portfolio.
MedMira Valuation on November 25, 2024
It is possible to determine the worth of MedMira on a given historical date. On November 25, 2024 MedMira was worth 0.0574 at the beginning of the trading date compared to the closed value of 0.0574. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MedMira pink sheet. Still, in general, we apply an absolute valuation method to find MedMira'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 MedMira where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MedMira's related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.06 | 0.06 | 0.06 | 1.00 | |
11/25/2024 | 0.06 | 0.06 | 0.06 | 0.06 | 1.00 |
| 0.06 | 0.06 | 0.06 | 0.06 | 1.00 |
| Backtest MedMira | | | MedMira History | | | MedMira Valuation | Previous | Next |
MedMira Trading Date Momentum on November 25, 2024
| On November 26 2024 MedMira was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.06 . There was no trading activity during the period 1.0. Lack of trading volume on 11/26/2024 did not cause price change. The trading delta at closing time to current closing price is 0.70% . |
MedMira Fundamentals Correlations and Trends
By evaluating MedMira'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 MedMira's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MedMira financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MedMira Pink Sheet history
MedMira 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 MedMira is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MedMira 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 MedMira stock prices may prove useful in developing a viable investing in MedMira
MedMira Inc., a biotechnology company, researches, develops, manufactures, and commercializes rapid diagnostics and technology platforms in North America, Latin America, the Caribbean, Europe, the Asia Pacific, and internationally. The company was founded in 1993 and is headquartered in Halifax, Canada. Medmira operates under Biotechnology classification in the United States and is traded on OTC Exchange.
MedMira Pink Sheet Technical Analysis
MedMira 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
MedMira Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
MedMira 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.
MedMira November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how MedMira 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 MedMira shares will generate the highest return on investment. By undertsting and applying MedMira pink sheet market strength indicators, traders can identify MedMira entry and exit signals to maximize returns
MedMira Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MedMira's price direction in advance. Along with the technical and fundamental analysis of MedMira Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of MedMira 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 | 0.106 | |||
| Jensen Alpha | 4.9 | |||
| Total Risk Alpha | (1.60) | |||
| Treynor Ratio | (13.98) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for MedMira Pink Sheet analysis
When running MedMira's price analysis, check to measure MedMira'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 MedMira is operating at the current time. Most of MedMira's value examination focuses on studying past and present price action to predict the probability of MedMira's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MedMira's price. Additionally, you may evaluate how the addition of MedMira to your portfolios can decrease your overall portfolio volatility.
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