Augmedix Price on May 15, 2024
| AUGXDelisted Stock | USD 2.35 0.00 0.00% |
If you're considering investing in Augmedix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Augmedix stands at 2.35, as last reported on the 25th of December, with the highest price reaching 2.35 and the lowest price hitting 2.35 during the day. At this stage we consider Augmedix Stock to be not too volatile. Augmedix secures Sharpe Ratio (or Efficiency) of 0.65, which signifies that the company had a 0.65% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Augmedix, which you can use to evaluate the volatility of the firm. Please confirm Augmedix's mean deviation of 4.5, and Risk Adjusted Performance of 0.1101 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
Augmedix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Augmedix |
Sharpe Ratio = 0.6455
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Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.65 actual daily | 50 50% of assets perform worse |
Based on monthly moving average Augmedix is performing at about 50% 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 Augmedix by adding it to a well-diversified portfolio.
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Augmedix Valuation on May 15, 2024
It is possible to determine the worth of Augmedix on a given historical date. On May 15, 2024 Augmedix 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 Augmedix stock. Still, in general, we apply an absolute valuation method to find Augmedix'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 Augmedix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Augmedix's related companies.
| Open | High | Low | Close | Volume | |
| 1.18 | 1.29 | 0.99 | 1.15 | 13,057,860 | |
05/15/2024 | 1.16 | 1.22 | 1.10 | 1.19 | 3,491,871 |
| 1.18 | 1.23 | 1.12 | 1.23 | 1,735,422 |
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Augmedix Trading Date Momentum on May 15, 2024
| On May 16 2024 Augmedix was traded for 1.23 at the closing time. The top price for the day was 1.23 and the lowest listed price was 1.12 . The trading volume for the day was 1.7 M. The trading history from May 16, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 3.36% . The overall trading delta against the current closing price is 2.52% . |
Augmedix Fundamentals Correlations and Trends
By evaluating Augmedix'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 Augmedix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Augmedix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Augmedix Stock history
Augmedix 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 Augmedix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Augmedix 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 Augmedix stock prices may prove useful in developing a viable investing in Augmedix
Augmedix, Inc. provides remote medical documentation solutions and live clinical support services in the United States. The company was founded in 2013 and is headquartered in San Francisco, California. Augmedix operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 706 people.
Augmedix Stock Technical Analysis
Augmedix 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
Augmedix Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Augmedix 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.
Augmedix December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Augmedix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Augmedix shares will generate the highest return on investment. By undertsting and applying Augmedix stock market strength indicators, traders can identify Augmedix entry and exit signals to maximize returns
Augmedix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Augmedix's price direction in advance. Along with the technical and fundamental analysis of Augmedix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Augmedix 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 | 0.1101 | |||
| Jensen Alpha | 2.28 | |||
| Total Risk Alpha | 1.47 | |||
| Sortino Ratio | 0.89 | |||
| Treynor Ratio | (2.99) |
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| Volume Indicators |
Check out Trending Equities 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 price. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Augmedix Stock
If you are still planning to invest in Augmedix 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 Augmedix's history and understand the potential risks before investing.
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