Medifast Inc Stock Price on September 27, 2024
| MED Stock | USD 19.67 0.23 1.18% |
If you're considering investing in MEDIFAST Stock, it is important to understand the factors that can impact its price. As of today, the current price of MEDIFAST INC stands at 19.67, as last reported on the 1st of December, with the highest price reaching 19.76 and the lowest price hitting 19.23 during the day. At this point, MEDIFAST INC is very steady. MEDIFAST INC has Sharpe Ratio of 0.0664, which conveys that the firm had a 0.0664% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MEDIFAST INC, which you can use to evaluate the volatility of the firm. Please verify MEDIFAST INC's mean deviation of 2.03, and Risk Adjusted Performance of 0.0579 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
MEDIFAST Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MEDIFAST |
Sharpe Ratio = 0.0664
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| Small Returns | MED | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average MEDIFAST INC is performing at about 5% 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 MEDIFAST INC by adding it to a well-diversified portfolio.
MEDIFAST INC Valuation on September 27, 2024
It is possible to determine the worth of MEDIFAST INC on a given historical date. On September 27, 2024 MEDIFAST was worth 19.36 at the beginning of the trading date compared to the closed value of 19.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MEDIFAST INC stock. Still, in general, we apply an absolute valuation method to find MEDIFAST INC'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 MEDIFAST INC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MEDIFAST INC's related companies.
| Open | High | Low | Close | Volume | |
| 18.69 | 19.69 | 18.50 | 19.09 | 196,492 | |
09/27/2024 | 19.36 | 19.96 | 19.20 | 19.25 | 118,687 |
| 19.23 | 19.73 | 19.09 | 19.14 | 133,467 |
| Backtest MEDIFAST INC | | | MEDIFAST INC History | | | MEDIFAST INC Valuation | Previous | Next |
MEDIFAST INC Trading Date Momentum on September 27, 2024
| On September 30 2024 MEDIFAST INC was traded for 19.14 at the closing time. Highest MEDIFAST INC's price during the trading hours was 19.73 and the lowest price during the day was 19.09 . The net volume was 133.5 K. The overall trading history on the 30th of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.57% . The trading delta at closing time to current price is 4.73% . |
MEDIFAST INC Fundamentals Correlations and Trends
By evaluating MEDIFAST INC'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 MEDIFAST INC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MEDIFAST financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MEDIFAST INC Stock history
MEDIFAST INC 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 MEDIFAST is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MEDIFAST INC 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 MEDIFAST INC stock prices may prove useful in developing a viable investing in MEDIFAST INC
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company was founded in 1980 and is headquartered in Baltimore, Maryland. Medifast operates under Personal Services classification in the United States and is traded on New York Stock Exchange. It employs 984 people.
MEDIFAST INC Stock Technical Analysis
MEDIFAST INC 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
MEDIFAST INC Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
MEDIFAST INC cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
MEDIFAST INC December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how MEDIFAST INC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MEDIFAST INC shares will generate the highest return on investment. By undertsting and applying MEDIFAST INC stock market strength indicators, traders can identify MEDIFAST INC entry and exit signals to maximize returns
MEDIFAST INC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MEDIFAST INC's price direction in advance. Along with the technical and fundamental analysis of MEDIFAST Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MEDIFAST 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 | 0.0579 | |||
| Jensen Alpha | 0.1805 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.015 | |||
| Treynor Ratio | (2.03) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for MEDIFAST Stock analysis
When running MEDIFAST INC's price analysis, check to measure MEDIFAST INC'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 MEDIFAST INC is operating at the current time. Most of MEDIFAST INC's value examination focuses on studying past and present price action to predict the probability of MEDIFAST INC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEDIFAST INC's price. Additionally, you may evaluate how the addition of MEDIFAST INC to your portfolios can decrease your overall portfolio volatility.
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