Speed Medical (Egypt) Price on October 4, 2023
| SPMD Stock | 0.38 0.02 5.56% |
If you're considering investing in Speed Stock, it is important to understand the factors that can impact its price. As of today, the current price of Speed Medical stands at 0.38, as last reported on the 13th of December 2024, with the highest price reaching 0.39 and the lowest price hitting 0.36 during the day. At this point, Speed Medical is abnormally volatile. Speed Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0342, which indicates the firm had a 0.0342% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Speed Medical, which you can use to evaluate the volatility of the company. Please validate Speed Medical's Risk Adjusted Performance of 0.0564, semi deviation of 1.44, and Coefficient Of Variation of 1460.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.0741%.
Speed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Speed |
Sharpe Ratio = 0.0342
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| Cash | Small Risk | SPMD | High Risk | Huge Risk |
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Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Speed Medical 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 Speed Medical by adding it to a well-diversified portfolio.
Speed Medical Valuation on October 4, 2023
It is possible to determine the worth of Speed Medical on a given historical date. On October 4, 2023 Speed was worth 0.4 at the beginning of the trading date compared to the closed value of 0.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Speed Medical stock. Still, in general, we apply an absolute valuation method to find Speed Medical'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 Speed Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Speed Medical's related companies.
| Open | High | Low | Close | Volume | |
| 0.42 | 0.42 | 0.40 | 0.40 | 13,669,537 | |
10/04/2023 | 0.40 | 0.42 | 0.40 | 0.41 | 9,229,327 |
| 0.40 | 0.40 | 0.38 | 0.40 | 10,785,673 |
| Backtest Speed Medical | | | Speed Medical History | Previous | Next |
Speed Medical Trading Date Momentum on October 4, 2023
| On October 09 2023 Speed Medical was traded for 0.40 at the closing time. The highest price during the trading period was 0.40 and the lowest recorded bid was listed for 0.38 . The volume for the day was 10.8 M. This history from October 9, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 2.44% . The trading price change to the current price is 4.88% . |
Price Boundaries
Speed Medical Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Speed Medical cannot be verified against its exchange. Please verify the symbol is currently traded on Egyptian 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.
Speed Medical December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Speed Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Speed Medical shares will generate the highest return on investment. By undertsting and applying Speed Medical stock market strength indicators, traders can identify Speed Medical entry and exit signals to maximize returns
Speed Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Speed Medical's price direction in advance. Along with the technical and fundamental analysis of Speed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Speed 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 | 0.0564 | |||
| Jensen Alpha | 0.1232 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0126 | |||
| Treynor Ratio | 0.9965 |
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Complementary Tools for Speed Stock analysis
When running Speed Medical's price analysis, check to measure Speed Medical'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 Speed Medical is operating at the current time. Most of Speed Medical's value examination focuses on studying past and present price action to predict the probability of Speed Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Speed Medical's price. Additionally, you may evaluate how the addition of Speed Medical to your portfolios can decrease your overall portfolio volatility.
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