M3 Inc Stock Price on September 10, 2024
| MTHRY Stock | USD 4.80 0.04 0.84% |
If you're considering investing in M3 Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of M3 stands at 4.80, as last reported on the 30th of November, with the highest price reaching 4.83 and the lowest price hitting 4.76 during the day. At this stage we consider M3 Pink Sheet to be relatively risky. M3 Inc retains Efficiency (Sharpe Ratio) of 0.0346, which conveys that the company had a 0.0346% return per unit of price deviation over the last 3 months. We have found twenty-three technical indicators for M3, which you can use to evaluate the volatility of the entity. Please verify M3's Market Risk Adjusted Performance of (0.03), information ratio of (0.04), and Mean Deviation of 2.38 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
M3 Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
M3 |
Sharpe Ratio = 0.0346
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| Cash | Small Risk | Average Risk | MTHRY | Huge Risk |
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Estimated Market Risk
| 3.37 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average M3 is performing at about 2% 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 M3 by adding it to a well-diversified portfolio.
Related Headline
HealthEquity Headline on 10th of September 2024
Disposition of 6925 shares by James Lucania of HealthEquity ... by gurufocus.com
Filed transaction by HealthEquity Officer: Evp & Cfo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
M3 Valuation on September 10, 2024
It is possible to determine the worth of M3 on a given historical date. On September 10, 2024 M3 was worth 4.7 at the beginning of the trading date compared to the closed value of 4.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of M3 pink sheet. Still, in general, we apply an absolute valuation method to find M3'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 M3 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against M3's related companies.
| Open | High | Low | Close | Volume | |
| 4.73 | 4.78 | 4.73 | 4.76 | 53,400 | |
09/10/2024 | 4.70 | 4.70 | 4.56 | 4.69 | 94,600 |
| 4.58 | 4.61 | 4.56 | 4.58 | 316,500 |
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M3 Trading Date Momentum on September 10, 2024
| On September 11 2024 M3 Inc was traded for 4.58 at the closing time. The highest daily price throughout the period was 4.61 and the lowest price was 4.56 . The daily volume was 316.5 K. The net trading volume on 09/11/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.35% . The trading delta at closing time to current closing price is 7.46% . |
M3 Inc Fundamentals Correlations and Trends
By evaluating M3'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 M3's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. M3 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About M3 Pink Sheet history
M3 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 M3 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in M3 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 M3 stock prices may prove useful in developing a viable investing in M3
M3, Inc. provides medical-related services primarily to physicians and other healthcare professionals through Internet. M3, Inc. was incorporated in 2000 and is headquartered in Tokyo, Japan. M3 operates under Health Information Services classification in the United States and is traded on OTC Exchange. It employs 9384 people.
M3 Pink Sheet Technical Analysis
M3 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
M3 Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
M3 Inc 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.
M3 November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how M3 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 M3 shares will generate the highest return on investment. By undertsting and applying M3 pink sheet market strength indicators, traders can identify M3 Inc entry and exit signals to maximize returns
M3 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for M3's price direction in advance. Along with the technical and fundamental analysis of M3 Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of M3 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 | 0.0066 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.04) |
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Additional Tools for M3 Pink Sheet Analysis
When running M3's price analysis, check to measure M3'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 M3 is operating at the current time. Most of M3's value examination focuses on studying past and present price action to predict the probability of M3's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move M3's price. Additionally, you may evaluate how the addition of M3 to your portfolios can decrease your overall portfolio volatility.