Onemednet Corp Stock Price on May 31, 2024
| ONMD Stock | 0.94 0.03 3.30% |
If you're considering investing in OneMedNet Stock, it is important to understand the factors that can impact its price. As of today, the current price of OneMedNet Corp stands at 0.94, as last reported on the 29th of November, with the highest price reaching 0.98 and the lowest price hitting 0.91 during the day. At this point, OneMedNet Corp is out of control. OneMedNet Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0207, which implies the firm had a 0.0207% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for OneMedNet Corp, which you can use to evaluate the volatility of the company. Please check OneMedNet Corp's Risk Adjusted Performance of 0.0106, coefficient of variation of 43882.42, and Semi Deviation of 5.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
At present, OneMedNet Corp's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to 2,475, whereas Other Stockholder Equity is forecasted to decline to about 31.4 M. . At present, OneMedNet Corp's Price To Free Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 0.73, whereas Price Earnings Ratio is forecasted to decline to (0.26). OneMedNet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OneMedNet |
Sharpe Ratio = 0.0207
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| Cash | Small Risk | Average Risk | High Risk | ONMD |
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Estimated Market Risk
| 6.84 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average OneMedNet Corp 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 OneMedNet Corp by adding it to a well-diversified portfolio.
Book Value (0.55) | Enterprise Value 30.6 M | Price Sales 24.9582 | Shares Float 12.1 M | Shares Outstanding 28.2 M |
Related Headline
Certara Headline on 31st of May 2024
Filed transaction by Certara Officer: Chief Human Resources Officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)
OneMedNet Corp Valuation on May 31, 2024
It is possible to determine the worth of OneMedNet Corp on a given historical date. On May 31, 2024 OneMedNet was worth 2.21 at the beginning of the trading date compared to the closed value of 2.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OneMedNet Corp stock. Still, in general, we apply an absolute valuation method to find OneMedNet Corp'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 OneMedNet Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OneMedNet Corp's related companies.
| Open | High | Low | Close | Volume | |
| 2.69 | 3.37 | 2.30 | 2.61 | 55,205,727 | |
05/31/2024 | 2.21 | 2.62 | 2.17 | 2.42 | 3,009,396 |
| 2.29 | 2.32 | 2.01 | 2.05 | 1,871,699 |
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OneMedNet Corp Trading Date Momentum on May 31, 2024
| On June 03 2024 OneMedNet Corp was traded for 2.05 at the closing time. The top price for the day was 2.32 and the lowest listed price was 2.01 . The trading volume for the day was 1.9 M. The trading history from June 3, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 15.29% . The trading delta at closing time against the current closing price is 27.69% . |
OneMedNet Corp Fundamentals Correlations and Trends
By evaluating OneMedNet Corp'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 OneMedNet Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OneMedNet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OneMedNet Corp Stock history
OneMedNet Corp 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 OneMedNet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OneMedNet Corp 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 OneMedNet Corp stock prices may prove useful in developing a viable investing in OneMedNet Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 23.6 M | 24.1 M |
OneMedNet Corp Stock Technical Analysis
OneMedNet Corp 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
OneMedNet Corp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
OneMedNet Corp 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.
OneMedNet Corp November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how OneMedNet Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OneMedNet Corp shares will generate the highest return on investment. By undertsting and applying OneMedNet Corp stock market strength indicators, traders can identify OneMedNet Corp entry and exit signals to maximize returns
OneMedNet Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OneMedNet Corp's price direction in advance. Along with the technical and fundamental analysis of OneMedNet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OneMedNet 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 | 0.0106 | |||
| Jensen Alpha | 0.0969 | |||
| Total Risk Alpha | (1.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.01) |
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Complementary Tools for OneMedNet Stock analysis
When running OneMedNet Corp's price analysis, check to measure OneMedNet Corp'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 OneMedNet Corp is operating at the current time. Most of OneMedNet Corp's value examination focuses on studying past and present price action to predict the probability of OneMedNet Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OneMedNet Corp's price. Additionally, you may evaluate how the addition of OneMedNet Corp to your portfolios can decrease your overall portfolio volatility.
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