Medical Developments (Australia) Price on June 2, 2023
| MVP Stock | 0.42 0.01 2.33% |
Below is the normalized historical share price chart for Medical Developments International extending back to December 15, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Medical Developments stands at 0.42, as last reported on the 27th of November, with the highest price reaching 0.43 and the lowest price hitting 0.42 during the day.
If you're considering investing in Medical Stock, it is important to understand the factors that can impact its price. Currently, Medical Developments International is abnormally volatile. Medical Developments has Sharpe Ratio of 0.0153, which conveys that the firm had a 0.0153% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Medical Developments, which you can use to evaluate the volatility of the firm. Please verify Medical Developments' Standard Deviation of 3.27, insignificant risk adjusted performance, and Mean Deviation of 2.09 to check out if the risk estimate we provide is consistent with the expected return of 0.0478%.
At this time, Medical Developments' Common Stock Total Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 127.7 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 44.6 M in 2024. . Medical Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.498 | 50 Day MA 0.4473 | Beta 1.534 |
Medical |
Sharpe Ratio = 0.0153
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| Negative Returns | MVP |
Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Medical Developments is performing at about 1% 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 Medical Developments by adding it to a well-diversified portfolio.
Price Book 1.0223 | Enterprise Value Ebitda 278.771 | Price Sales 1.4274 | Shares Float 62.6 M | Wall Street Target Price 2.94 |
Medical Developments Valuation on June 2, 2023
It is possible to determine the worth of Medical Developments on a given historical date. On June 2, 2023 Medical was worth 0.83 at the beginning of the trading date compared to the closed value of 0.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medical Developments stock. Still, in general, we apply an absolute valuation method to find Medical Developments' 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 Medical Developments where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medical Developments' related companies.
| Open | High | Low | Close | Volume | |
| 0.86 | 0.86 | 0.83 | 0.83 | 69,295 | |
06/02/2023 | 0.83 | 0.86 | 0.82 | 0.84 | 112,817 |
| 0.86 | 0.86 | 0.76 | 0.79 | 198,435 |
| Backtest Medical Developments | | | Medical Developments History | | | Medical Developments Valuation | Previous | Next |
Medical Developments Trading Date Momentum on June 2, 2023
| On June 05 2023 Medical Developments International was traded for 0.79 at the closing time. The maximum traded price for the trading interval was 0.86 and the lowest daily price was 0.76 . The daily volume was recorded at 198.4 K. The volume of trading on 5th of June 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 5.95% . The trading delta at closing time to the closing price today is 10.71% . |
Medical Developments Fundamentals Correlations and Trends
By evaluating Medical Developments' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Medical Developments' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medical financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medical Developments Stock history
Medical Developments 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 Medical is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medical Developments 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 Medical Developments stock prices may prove useful in developing a viable investing in Medical Developments
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 88.6 M | 67.3 M | |
| Net Loss | -5 M | -4.8 M |
Medical Developments Quarterly Net Working Capital |
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Medical Developments Stock Technical Analysis
Medical Developments 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
Medical Developments Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Medical Developments International cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Medical Developments November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Medical Developments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medical Developments shares will generate the highest return on investment. By undertsting and applying Medical Developments stock market strength indicators, traders can identify Medical Developments International entry and exit signals to maximize returns
Medical Developments Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medical Developments' price direction in advance. Along with the technical and fundamental analysis of Medical Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medical 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) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.33) |
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Additional Tools for Medical Stock Analysis
When running Medical Developments' price analysis, check to measure Medical Developments' 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 Medical Developments is operating at the current time. Most of Medical Developments' value examination focuses on studying past and present price action to predict the probability of Medical Developments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medical Developments' price. Additionally, you may evaluate how the addition of Medical Developments to your portfolios can decrease your overall portfolio volatility.