Moderna (Brazil) Price on October 23, 2023
M1RN34 Stock | BRL 12.97 0.87 7.19% |
If you're considering investing in Moderna Stock, it is important to understand the factors that can impact its price. As of today, the current price of Moderna stands at 12.97, as last reported on the 27th of December, with the highest price reaching 12.97 and the lowest price hitting 12.24 during the day. Moderna has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Moderna exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Moderna's Mean Deviation of 2.79, standard deviation of 3.62, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide.
Moderna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Moderna |
Sharpe Ratio = -0.1377
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | M1RN34 |
Estimated Market Risk
3.73 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Moderna 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 Moderna by adding Moderna to a well-diversified portfolio.
Moderna Valuation on October 23, 2023
It is possible to determine the worth of Moderna on a given historical date. On October 23, 2023 Moderna was worth 20.18 at the beginning of the trading date compared to the closed value of 19.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Moderna stock. Still, in general, we apply an absolute valuation method to find Moderna'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 Moderna where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Moderna's related companies.
Open | High | Low | Close | Volume | |
20.78 | 20.84 | 20.08 | 20.14 | 27,907 | |
10/23/2023 | 20.18 | 20.18 | 19.62 | 19.65 | 70,069 |
19.94 | 20.36 | 19.86 | 19.86 | 14,408 |
Backtest Moderna | | | Moderna History | | | Moderna Valuation | Previous | Next |
Moderna Trading Date Momentum on October 23, 2023
On October 24 2023 Moderna was traded for 19.86 at the closing time. The highest price during the trading period was 20.36 and the lowest recorded bid was listed for 19.86 . The volume for the day was 14.4 K. This history from October 24, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.07% . The trading delta at closing time to the current price is 9.36% . |
Moderna Fundamentals Correlations and Trends
By evaluating Moderna'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 Moderna's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Moderna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Moderna Stock history
Moderna 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 Moderna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Moderna 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 Moderna stock prices may prove useful in developing a viable investing in Moderna
Moderna, Inc., a biotechnology company, develops therapeutics and vaccines based on messenger RNA for the treatment of infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and auto-immune diseases. Moderna, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts. MODERNA INC operates under Biotechnology classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1800 people.
Moderna Stock Technical Analysis
Moderna 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.
Price Boundaries
Moderna Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Moderna cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Moderna December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Moderna stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Moderna shares will generate the highest return on investment. By undertsting and applying Moderna stock market strength indicators, traders can identify Moderna entry and exit signals to maximize returns
Moderna Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Moderna's price direction in advance. Along with the technical and fundamental analysis of Moderna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Moderna 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 | (0.09) | |||
Jensen Alpha | (0.46) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | (1.29) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Moderna Stock analysis
When running Moderna's price analysis, check to measure Moderna'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 Moderna is operating at the current time. Most of Moderna's value examination focuses on studying past and present price action to predict the probability of Moderna's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Moderna's price. Additionally, you may evaluate how the addition of Moderna to your portfolios can decrease your overall portfolio volatility.
Commodity Directory Find actively traded commodities issued by global exchanges | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |