Medicus Pharma Stock Technical Analysis
| MDCX Stock | 3.95 0.25 6.76% |
As of the 14th of December 2024, Medicus Pharma secures the Mean Deviation of 6.61, downside deviation of 16.12, and Risk Adjusted Performance of 0.0529. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Medicus Pharma, as well as the relationship between them. Please verify Medicus Pharma coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Medicus Pharma is priced some-what accurately, providing market reflects its recent price of 3.95 per share.
Medicus Pharma Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Medicus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MedicusMedicus |
Medicus Pharma 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.
Medicus Pharma Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Medicus Pharma volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Medicus Pharma Trend Analysis
Use this graph to draw trend lines for Medicus Pharma. You can use it to identify possible trend reversals for Medicus Pharma as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Medicus Pharma price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Medicus Pharma Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Medicus Pharma applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Medicus Pharma market price will keep on failing further. It has 122 observation points and a regression sum of squares at 74.6, which is the sum of squared deviations for the predicted Medicus Pharma price change compared to its average price change.About Medicus Pharma Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Medicus Pharma on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Medicus Pharma based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Medicus Pharma price pattern first instead of the macroeconomic environment surrounding Medicus Pharma. By analyzing Medicus Pharma's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Medicus Pharma's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Medicus Pharma specific price patterns or momentum indicators. Please read more on our technical analysis page.
Medicus Pharma December 14, 2024 Technical Indicators
Most technical analysis of Medicus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Medicus from various momentum indicators to cycle indicators. When you analyze Medicus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0529 | |||
| Market Risk Adjusted Performance | 0.2769 | |||
| Mean Deviation | 6.61 | |||
| Semi Deviation | 11.77 | |||
| Downside Deviation | 16.12 | |||
| Coefficient Of Variation | 1672.02 | |||
| Standard Deviation | 14.84 | |||
| Variance | 220.21 | |||
| Information Ratio | 0.0531 | |||
| Jensen Alpha | 0.5812 | |||
| Total Risk Alpha | (0.97) | |||
| Sortino Ratio | 0.0488 | |||
| Treynor Ratio | 0.2669 | |||
| Maximum Drawdown | 129.29 | |||
| Value At Risk | (12.16) | |||
| Potential Upside | 16.99 | |||
| Downside Variance | 259.97 | |||
| Semi Variance | 138.61 | |||
| Expected Short fall | (8.92) | |||
| Skewness | 1.22 | |||
| Kurtosis | 15.08 |
Additional Tools for Medicus Stock Analysis
When running Medicus Pharma's price analysis, check to measure Medicus Pharma'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 Medicus Pharma is operating at the current time. Most of Medicus Pharma's value examination focuses on studying past and present price action to predict the probability of Medicus Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medicus Pharma's price. Additionally, you may evaluate how the addition of Medicus Pharma to your portfolios can decrease your overall portfolio volatility.