Anew Medical, Price on August 21, 2024
WENADelisted Stock | 0.73 0.05 6.41% |
If you're considering investing in Anew Stock, it is important to understand the factors that can impact its price. As of today, the current price of Anew Medical, stands at 0.73, as last reported on the 30th of November, with the highest price reaching 0.78 and the lowest price hitting 0.73 during the day. Anew Medical, secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of standard deviation over the last 3 months. Anew Medical, exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Anew Medical,'s risk adjusted performance of (0.06), and Mean Deviation of 8.49 to double-check the risk estimate we provide.
Anew Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Anew |
Sharpe Ratio = -0.213
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Estimated Market Risk
6.55 actual daily | 58 58% of assets are less volatile |
Expected Return
-1.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Anew Medical, 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 Anew Medical, by adding Anew Medical, to a well-diversified portfolio.
Anew Medical, Main Headline on 21st of August 2024
Whats Going On With Anew Medical Stock by benzinga.com
Anew Medical shares are volatile Wednesday after the company announced it has signed an exclusive worldwide license agreement with Transfertech Sherbrooke regarding Nanoject. Heres a look at what to know
Anew Medical, Valuation on August 21, 2024
It is possible to determine the worth of Anew Medical, on a given historical date. On August 21, 2024 Anew was worth 1.16 at the beginning of the trading date compared to the closed value of 1.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Anew Medical, stock. Still, in general, we apply an absolute valuation method to find Anew 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 Anew Medical, where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Anew Medical,'s related companies.
Open | High | Low | Close | Volume | |
1.02 | 1.04 | 0.98 | 1.03 | 135,800 | |
08/21/2024 | 1.16 | 1.22 | 1.05 | 1.19 | 17,376,946 |
1.10 | 1.25 | 1.09 | 1.19 | 1,210,600 |
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Anew Medical, Trading Date Momentum on August 21, 2024
On August 22 2024 Anew Medical, was traded for 1.19 at the closing time. The top price for the day was 1.25 and the lowest listed price was 1.09 . The trading volume for the day was 1.2 M. The trading history from August 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 23.53% . |
Anew Medical, Fundamentals Correlations and Trends
By evaluating Anew Medical,'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 Anew Medical,'s main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Anew financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Anew Medical, Stock history
Anew Medical, 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 Anew is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Anew Medical, 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 Anew Medical, stock prices may prove useful in developing a viable investing in Anew Medical,
Anew Medical, Stock Technical Analysis
Anew Medical, 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Anew Medical, Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Anew Medical, 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.
Anew Medical, November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Anew 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 Anew Medical, shares will generate the highest return on investment. By undertsting and applying Anew Medical, stock market strength indicators, traders can identify Anew Medical, entry and exit signals to maximize returns
Anew Medical, Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Anew Medical,'s price direction in advance. Along with the technical and fundamental analysis of Anew Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Anew 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 | (2.03) | |||
Total Risk Alpha | (4.93) | |||
Treynor Ratio | (0.98) |
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Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Anew Stock
If you are still planning to invest in Anew Medical, check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Anew Medical,'s history and understand the potential risks before investing.
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