Medmira Stock Analysis

MMIRF Stock  USD 0.06  0.00  0.00%   
MedMira is overvalued with Real Value of 0.0395 and Hype Value of 0.06. The main objective of MedMira pink sheet analysis is to determine its intrinsic value, which is an estimate of what MedMira is worth, separate from its market price. There are two main types of MedMira's stock analysis: fundamental analysis and technical analysis.
The MedMira pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and MedMira's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MedMira. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

MedMira Pink Sheet Analysis Notes

About 70.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.0. MedMira had not issued any dividends in recent years. MedMira Inc., a biotechnology company, researches, develops, manufactures, and commercializes rapid diagnostics and technology platforms in North America, Latin America, the Caribbean, Europe, the Asia Pacific, and internationally. The company was founded in 1993 and is headquartered in Halifax, Canada. Medmira operates under Biotechnology classification in the United States and is traded on OTC Exchange.The quote for MedMira is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about MedMira contact Hermes Chan at 902 450 1588 or learn more at https://www.medmira.com.

MedMira Investment Alerts

MedMira is way too risky over 90 days horizon
MedMira has some characteristics of a very speculative penny stock
MedMira appears to be risky and price may revert if volatility continues
MedMira has high likelihood to experience some financial distress in the next 2 years
MedMira has accumulated 40 K in total debt. MedMira has a current ratio of 0.14, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MedMira until it has trouble settling it off, either with new capital or with free cash flow. So, MedMira's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MedMira sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MedMira to invest in growth at high rates of return. When we think about MedMira's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 952.13 K. Net Loss for the year was (1.83 M) with loss before overhead, payroll, taxes, and interest of (512.51 K).
MedMira has accumulated about 396.14 K in cash with (1.88 M) of positive cash flow from operations.
Roughly 70.0% of the company outstanding shares are owned by corporate insiders

MedMira Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 77.78 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MedMira's market, we take the total number of its shares issued and multiply it by MedMira's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

MedMira Profitablity

The company has Profit Margin (PM) of (2.27) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.79) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.79.

Technical Drivers

As of the 23rd of November, MedMira secures the Mean Deviation of 9.99, risk adjusted performance of 0.1078, and Standard Deviation of 39.27. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MedMira, as well as the relationship between them. Please verify MedMira mean deviation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if MedMira is priced some-what accurately, providing market reflects its recent price of 0.0574 per share. As MedMira appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.

MedMira Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MedMira middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MedMira. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

MedMira Outstanding Bonds

MedMira issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MedMira uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MedMira bonds can be classified according to their maturity, which is the date when MedMira has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

MedMira Predictive Daily Indicators

MedMira intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MedMira pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

MedMira Forecast Models

MedMira's time-series forecasting models are one of many MedMira's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MedMira's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About MedMira Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how MedMira prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MedMira shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as MedMira. By using and applying MedMira Pink Sheet analysis, traders can create a robust methodology for identifying MedMira entry and exit points for their positions.
MedMira Inc., a biotechnology company, researches, develops, manufactures, and commercializes rapid diagnostics and technology platforms in North America, Latin America, the Caribbean, Europe, the Asia Pacific, and internationally. The company was founded in 1993 and is headquartered in Halifax, Canada. Medmira operates under Biotechnology classification in the United States and is traded on OTC Exchange.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding MedMira to your portfolios without increasing risk or reducing expected return.

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Complementary Tools for MedMira Pink Sheet analysis

When running MedMira's price analysis, check to measure MedMira'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 MedMira is operating at the current time. Most of MedMira's value examination focuses on studying past and present price action to predict the probability of MedMira's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MedMira's price. Additionally, you may evaluate how the addition of MedMira to your portfolios can decrease your overall portfolio volatility.
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