Hemostemix Stock Price on May 8, 2023

HEM Stock  CAD 0.07  0.01  12.50%   
Below is the normalized historical share price chart for Hemostemix extending back to January 21, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hemostemix stands at 0.07, as last reported on the 25th of December, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day.
200 Day MA
0.0635
50 Day MA
0.0842
Beta
0.186
 
Yuan Drop
 
Covid
If you're considering investing in Hemostemix Stock, it is important to understand the factors that can impact its price. At this stage we consider Hemostemix Stock to be out of control. Hemostemix holds Efficiency (Sharpe) Ratio of 0.0093, which attests that the entity had a 0.0093% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hemostemix, which you can use to evaluate the volatility of the firm. Please check out Hemostemix's Market Risk Adjusted Performance of (0.02), risk adjusted performance of 0.0166, and Downside Deviation of 12.1 to validate if the risk estimate we provide is consistent with the expected return of 0.1%.
  
At this time, Hemostemix's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 12.5 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 298.1 K in 2024. . Price Earnings Ratio is likely to drop to -2.42 in 2024. Price Book Value Ratio is likely to climb to -0.74 in 2024. Hemostemix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0093

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Estimated Market Risk

 11.05
  actual daily
96
96% of assets are less volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hemostemix 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 Hemostemix by adding Hemostemix to a well-diversified portfolio.
Price Book
27.7582
Book Value
(0.09)
Enterprise Value
16 M
Enterprise Value Ebitda
(4.37)
Shares Float
69.5 M

Hemostemix Valuation on May 8, 2023

It is possible to determine the worth of Hemostemix on a given historical date. On May 8, 2023 Hemostemix was worth 0.16 at the beginning of the trading date compared to the closed value of 0.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hemostemix stock. Still, in general, we apply an absolute valuation method to find Hemostemix'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 Hemostemix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hemostemix's related companies.
 Open High Low Close Volume
  0.15    0.15    0.15    0.15    2,000  
05/08/2023
  0.16    0.16    0.15    0.15    112,300  
  0.15    0.15    0.15    0.15    2,000  
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Open Value
0.16
0.15
Closing Value
33.32
Upside

Hemostemix Trading Date Momentum on May 8, 2023

On May 09 2023 Hemostemix was traded for  0.15  at the closing time. The highest daily price throughout the period was 0.15  and the lowest price was  0.15 . The daily volume was 2 K. The net trading volume on 05/09/2023 did not cause price change. The trading delta at closing time to current closing price is 6.67% .

Hemostemix Fundamentals Correlations and Trends

By evaluating Hemostemix'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 Hemostemix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hemostemix financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hemostemix Stock history

Hemostemix 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 Hemostemix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hemostemix 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 Hemostemix stock prices may prove useful in developing a viable investing in Hemostemix
Last ReportedProjected for Next Year
Common Stock Shares Outstanding82.5 M86.6 M
Net Loss-4.7 M-4.9 M

Hemostemix Stock Technical Analysis

Hemostemix 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.
A focus of Hemostemix technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hemostemix trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hemostemix Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hemostemix cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Hemostemix December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Hemostemix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hemostemix shares will generate the highest return on investment. By undertsting and applying Hemostemix stock market strength indicators, traders can identify Hemostemix entry and exit signals to maximize returns

Hemostemix Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hemostemix's price direction in advance. Along with the technical and fundamental analysis of Hemostemix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hemostemix 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.

Additional Tools for Hemostemix Stock Analysis

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