Medirom Healthcare Technologies Stock Price on October 3, 2024
| MRM Stock | USD 3.16 0.15 4.98% |
If you're considering investing in Medirom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medirom Healthcare stands at 3.16, as last reported on the 29th of November, with the highest price reaching 3.18 and the lowest price hitting 3.02 during the day. Medirom Healthcare has Sharpe Ratio of -0.0259, which conveys that the firm had a -0.0259% return per unit of risk over the last 3 months. Medirom Healthcare exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medirom Healthcare's Mean Deviation of 4.93, risk adjusted performance of (0.06), and Standard Deviation of 7.75 to check out the risk estimate we provide.
At this time, Medirom Healthcare's Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of November 2024, Stock Based Compensation To Revenue is likely to grow to 0.03, while Total Stockholder Equity is likely to drop about 122.3 M. . At this time, Medirom Healthcare's Price Book Value Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Book Ratio is likely to grow to 20.74, while Price Earnings Ratio is likely to drop 34.39. Medirom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Medirom |
Sharpe Ratio = -0.0259
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Estimated Market Risk
| 7.29 actual daily | 64 64% of assets are less volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Medirom Healthcare 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 Medirom Healthcare by adding Medirom Healthcare to a well-diversified portfolio.
Price Book 13.2383 | Enterprise Value Ebitda 33.3678 | Price Sales 0.0023 | Shares Float 2.9 M | Earnings Share (0.15) |
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Medirom Healthcare Valuation on October 3, 2024
It is possible to determine the worth of Medirom Healthcare on a given historical date. On October 3, 2024 Medirom was worth 2.69 at the beginning of the trading date compared to the closed value of 2.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medirom Healthcare stock. Still, in general, we apply an absolute valuation method to find Medirom Healthcare'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 Medirom Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medirom Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 2.72 | 2.80 | 2.57 | 2.69 | 12,076 | |
10/03/2024 | 2.69 | 2.69 | 2.56 | 2.58 | 2,078 |
| 2.55 | 2.72 | 2.55 | 2.72 | 2,301 |
| Backtest Medirom Healthcare | | | Medirom Healthcare History | | | Medirom Healthcare Valuation | Previous | Next |
Medirom Healthcare Trading Date Momentum on October 3, 2024
| On October 04 2024 Medirom Healthcare Technologies was traded for 2.72 at the closing time. Highest Medirom Healthcare's price during the trading hours was 2.72 and the lowest price during the day was 2.55 . The net volume was 2.3 K. The overall trading history on the 4th of October contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 5.43% . The trading delta at closing time to current price is 0.78% . |
Medirom Healthcare Fundamentals Correlations and Trends
By evaluating Medirom Healthcare'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 Medirom Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medirom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medirom Healthcare Stock history
Medirom Healthcare 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 Medirom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medirom Healthcare 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 Medirom Healthcare stock prices may prove useful in developing a viable investing in Medirom Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.2 M | 5.4 M | |
| Net Loss | -891.7 M | -847.1 M |
Medirom Healthcare Stock Technical Analysis
Medirom Healthcare 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
Medirom Healthcare Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Medirom Healthcare Technologies 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.
Medirom Healthcare November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Medirom Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medirom Healthcare shares will generate the highest return on investment. By undertsting and applying Medirom Healthcare stock market strength indicators, traders can identify Medirom Healthcare Technologies entry and exit signals to maximize returns
Medirom Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medirom Healthcare's price direction in advance. Along with the technical and fundamental analysis of Medirom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medirom 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 | (0.06) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.83) | |||
| Treynor Ratio | (0.58) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medirom Healthcare Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Medirom Healthcare. If investors know Medirom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Medirom Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.582 | Earnings Share (0.15) | Revenue Per Share 1.4 K | Quarterly Revenue Growth (0.06) | Return On Assets (0.04) |
The market value of Medirom Healthcare is measured differently than its book value, which is the value of Medirom that is recorded on the company's balance sheet. Investors also form their own opinion of Medirom Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Medirom Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Medirom Healthcare's market value can be influenced by many factors that don't directly affect Medirom Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Medirom Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medirom Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medirom Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.