Medicenna Therapeutics Corp Stock Price on October 4, 2024

MDNA Stock  CAD 1.88  0.08  4.08%   
Below is the normalized historical share price chart for Medicenna Therapeutics Corp extending back to July 14, 2015. 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 Medicenna Therapeutics stands at 1.88, as last reported on the 11th of December 2024, with the highest price reaching 1.93 and the lowest price hitting 1.82 during the day.
200 Day MA
2.0098
50 Day MA
2.0218
Beta
1.189
 
Yuan Drop
 
Covid
If you're considering investing in Medicenna Stock, it is important to understand the factors that can impact its price. As of now, Medicenna Stock is dangerous. Medicenna Therapeutics has Sharpe Ratio of 0.0026, which conveys that the firm had a 0.0026% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Medicenna Therapeutics, which you can use to evaluate the volatility of the firm. Please verify Medicenna Therapeutics' Standard Deviation of 5.63, insignificant risk adjusted performance, and Mean Deviation of 4.12 to check out if the risk estimate we provide is consistent with the expected return of 0.0147%.
  
At this time, Medicenna Therapeutics' Common Stock is very stable compared to the past year. As of the 11th of December 2024, Common Stock Total Equity is likely to grow to about 68.3 M, while Total Stockholder Equity is likely to drop about 4.9 M. . At this time, Medicenna Therapeutics' Price Book Value Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0, while Price Earnings Ratio is likely to drop (5.20). Medicenna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0026

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Estimated Market Risk

 5.71
  actual daily
50
50% of assets are less volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Medicenna Therapeutics 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 Medicenna Therapeutics by adding Medicenna Therapeutics to a well-diversified portfolio.
Price Book
7.3278
Book Value
0.075
Enterprise Value
116.7 M
Enterprise Value Ebitda
(6.11)
Shares Float
49.8 M

Medicenna Therapeutics Valuation on October 4, 2024

It is possible to determine the worth of Medicenna Therapeutics on a given historical date. On October 4, 2024 Medicenna was worth 2.08 at the beginning of the trading date compared to the closed value of 2.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medicenna Therapeutics stock. Still, in general, we apply an absolute valuation method to find Medicenna Therapeutics' 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 Medicenna Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medicenna Therapeutics' related companies.
 Open High Low Close Volume
  2.08    2.10    2.05    2.05    39,581  
10/04/2024
  2.08    2.28    2.08    2.20    130,902  
  2.21    2.21    2.05    2.09    83,348  
Backtest Medicenna Therapeutics  |  Medicenna Therapeutics History  |  Medicenna Therapeutics Valuation   PreviousNext  
Open Value
2.08
2.2
Closing Value
19.20
Upside

Medicenna Therapeutics Trading Date Momentum on October 4, 2024

On October 07 2024 Medicenna Therapeutics Corp was traded for  2.09  at the closing time. The highest price during the trading period was 2.21  and the lowest recorded bid was listed for  2.05 . The volume for the day was 83.3 K. This history from October 7, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 5.00% . The trading delta at closing time to the current price is 1.36% .

Medicenna Therapeutics Fundamentals Correlations and Trends

By evaluating Medicenna Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Medicenna Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medicenna financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Medicenna Therapeutics Stock history

Medicenna Therapeutics 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 Medicenna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medicenna Therapeutics 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 Medicenna Therapeutics stock prices may prove useful in developing a viable investing in Medicenna Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding69.6 M38.4 M
Net Loss-9 M-9.5 M

Medicenna Therapeutics Quarterly Net Working Capital

33.92 Million

Medicenna Therapeutics Stock Technical Analysis

Medicenna Therapeutics 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 Medicenna Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Medicenna Therapeutics 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

Medicenna Therapeutics Period Price Range

Low
December 11, 2024
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Medicenna Therapeutics Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Medicenna Therapeutics December 11, 2024 Market Strength

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

Medicenna Therapeutics Technical and Predictive Indicators

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

Other Information on Investing in Medicenna Stock

Medicenna Therapeutics financial ratios help investors to determine whether Medicenna Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Medicenna with respect to the benefits of owning Medicenna Therapeutics security.