Medicalg (Poland) Price on December 11, 2024
MDG Stock | 18.00 0.01 0.06% |
If you're considering investing in Medicalg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medicalg stands at 18.00, as last reported on the 12th of December 2024, with the highest price reaching 18.50 and the lowest price hitting 17.89 during the day. Medicalg has Sharpe Ratio of -0.0911, which conveys that the firm had a -0.0911% return per unit of risk over the last 3 months. Medicalg exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medicalg's Risk Adjusted Performance of (0.05), standard deviation of 3.63, and Mean Deviation of 2.5 to check out the risk estimate we provide.
Medicalg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Medicalg |
Sharpe Ratio = -0.0911
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Estimated Market Risk
3.74 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Medicalg 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 Medicalg by adding Medicalg to a well-diversified portfolio.
Medicalg Valuation on December 11, 2024
It is possible to determine the worth of Medicalg on a given historical date. On December 11, 2024 Medicalg was worth 18.01 at the beginning of the trading date compared to the closed value of 18.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medicalg stock. Still, in general, we apply an absolute valuation method to find Medicalg'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 Medicalg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medicalg's related companies.
Open | High | Low | Close | Volume | |
18.38 | 18.38 | 17.99 | 17.99 | 9,857 | |
12/11/2024 | 18.01 | 18.50 | 17.89 | 18.00 | 8,234 |
Backtest Medicalg | | | Medicalg History | | | Medicalg Valuation | Previous |
Medicalg Trading Date Momentum on December 11, 2024
On December 11 2024 Medicalg was traded for 18.00 at the closing time. The highest price during the trading period was 18.50 and the lowest recorded bid was listed for 17.89 . The volume for the day was 8.2 K. This history from December 11, 2024 did not cause price change. The trading delta at closing time to the current price is 0.06% . |
Medicalg Fundamentals Correlations and Trends
By evaluating Medicalg'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 Medicalg's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medicalg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medicalg Stock history
Medicalg 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 Medicalg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medicalg 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 Medicalg stock prices may prove useful in developing a viable investing in Medicalg
Medicalg Stock Technical Analysis
Medicalg 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
Medicalg Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Medicalg cannot be verified against its exchange. Please verify the symbol is currently traded on Warsaw Stock 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.
Medicalg December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Medicalg stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medicalg shares will generate the highest return on investment. By undertsting and applying Medicalg stock market strength indicators, traders can identify Medicalg entry and exit signals to maximize returns
Medicalg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medicalg's price direction in advance. Along with the technical and fundamental analysis of Medicalg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medicalg 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 | (0.05) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.89) | |||
Treynor Ratio | 1.12 |
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Additional Tools for Medicalg Stock Analysis
When running Medicalg's price analysis, check to measure Medicalg'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 Medicalg is operating at the current time. Most of Medicalg's value examination focuses on studying past and present price action to predict the probability of Medicalg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medicalg's price. Additionally, you may evaluate how the addition of Medicalg to your portfolios can decrease your overall portfolio volatility.