Movano Inc Stock Price on March 30, 2023

MOVE Stock  USD 5.64  0.25  4.64%   
If you're considering investing in Movano Stock, it is important to understand the factors that can impact its price. As of today, the current price of Movano stands at 5.64, as last reported on the 29th of November, with the highest price reaching 5.86 and the lowest price hitting 5.06 during the day. Movano appears to be dangerous, given 3 months investment horizon. Movano Inc has Sharpe Ratio of 0.0794, which conveys that the firm had a 0.0794% return per unit of risk over the last 3 months. By analyzing Movano's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please exercise Movano's Mean Deviation of 4.68, risk adjusted performance of 0.0698, and Downside Deviation of 6.35 to check out if our risk estimates are consistent with your expectations.
  
Movano Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0794

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Estimated Market Risk

 8.4
  actual daily
74
74% of assets are less volatile

Expected Return

 0.67
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Movano 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 Movano by adding it to a well-diversified portfolio.

Movano Valuation on March 30, 2023

It is possible to determine the worth of Movano on a given historical date. On March 30, 2023 Movano was worth 18.45 at the beginning of the trading date compared to the closed value of 18.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Movano stock. Still, in general, we apply an absolute valuation method to find Movano'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 Movano where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Movano's related companies.
 Open High Low Close Volume
  18.60    20.10    17.27    18.15    5,913  
03/30/2023
  18.45    18.75    17.85    18.15    2,326  
  17.70    19.05    17.70    18.45    1,380  
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Open Value
18.45
18.15
Closing Value
43.64
Upside

Movano Trading Date Momentum on March 30, 2023

On March 31 2023 Movano Inc was traded for  18.45  at the closing time. The top price for the day was 19.05  and the lowest listed price was  17.70 . The trading volume for the day was 1.4 K. The trading history from March 31, 2023 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.65% . The trading delta at closing time against the current closing price is 5.79% .

Movano Inc Fundamentals Correlations and Trends

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

About Movano Stock history

Movano 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 Movano is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Movano Inc 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 Movano stock prices may prove useful in developing a viable investing in Movano
Movano Inc. engages in developing a platform to deliver healthcare solutions at the intersection of medtech and consumer devices. Movano Inc. was incorporated in 2018 and is based in Pleasanton, California. Movano operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 27 people.

Movano Stock Technical Analysis

Movano 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.
A focus of Movano technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Movano 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

Movano Period Price Range

Low
November 29, 2024
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High

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Movano Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Movano November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Movano stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Movano shares will generate the highest return on investment. By undertsting and applying Movano stock market strength indicators, traders can identify Movano Inc entry and exit signals to maximize returns

Movano Technical and Predictive Indicators

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

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