Medipharm Labs Corp Stock Price on October 13, 2023
MEDIF Stock | USD 0.05 0 6.82% |
If you're considering investing in Medipharm OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medipharm Labs stands at 0.05, as last reported on the 27th of December, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. Medipharm Labs Corp has Sharpe Ratio of -0.0081, which conveys that the firm had a -0.0081% return per unit of risk over the last 3 months. Medipharm Labs exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medipharm Labs' Risk Adjusted Performance of 0.005, standard deviation of 3.65, and Mean Deviation of 2.62 to check out the risk estimate we provide.
Medipharm OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Medipharm |
Sharpe Ratio = -0.0081
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Estimated Market Risk
3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Medipharm Labs 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 Medipharm Labs by adding Medipharm Labs to a well-diversified portfolio.
Medipharm Labs Valuation on October 13, 2023
It is possible to determine the worth of Medipharm Labs on a given historical date. On October 13, 2023 Medipharm was worth 0.053 at the beginning of the trading date compared to the closed value of 0.052. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medipharm Labs otc stock. Still, in general, we apply an absolute valuation method to find Medipharm Labs' 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 Medipharm Labs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medipharm Labs' related companies.
Open | High | Low | Close | Volume | |
0.06 | 0.06 | 0.05 | 0.06 | 50,700 | |
10/13/2023 | 0.05 | 0.06 | 0.05 | 0.05 | 60,900 |
0.05 | 0.06 | 0.05 | 0.05 | 46,000 |
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Medipharm Labs Trading Date Momentum on October 13, 2023
On October 16 2023 Medipharm Labs Corp was traded for 0.05 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.05 . The daily volume was 46 K. The net trading volume on 10/16/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 3.85% . The trading delta at closing time to current closing price is 1.92% . |
Medipharm Labs Corp Fundamentals Correlations and Trends
By evaluating Medipharm Labs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Medipharm Labs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medipharm financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medipharm Labs OTC Stock history
Medipharm Labs 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 Medipharm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medipharm Labs Corp 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 Medipharm Labs stock prices may prove useful in developing a viable investing in Medipharm Labs
MediPharm Labs Corp., a pharmaceutical company, produces and sells pharmaceutical-quality cannabis oil and concentrates, and advanced derivative products in Canada, Australia, Germany, and internationally. MediPharm Labs Corp. was founded in 2015 and is headquartered in Barrie, Canada. MEDIPHARM LABS is traded on OTC Exchange in the United States.
Medipharm Labs OTC Stock Technical Analysis
Medipharm Labs technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Medipharm Labs Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Medipharm Labs Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Medipharm Labs December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Medipharm Labs otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medipharm Labs shares will generate the highest return on investment. By undertsting and applying Medipharm Labs otc stock market strength indicators, traders can identify Medipharm Labs Corp entry and exit signals to maximize returns
Medipharm Labs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medipharm Labs' price direction in advance. Along with the technical and fundamental analysis of Medipharm OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medipharm 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 | 0.005 | |||
Jensen Alpha | 0.0246 | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | 0.021 |
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Complementary Tools for Medipharm OTC Stock analysis
When running Medipharm Labs' price analysis, check to measure Medipharm Labs' 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 Medipharm Labs is operating at the current time. Most of Medipharm Labs' value examination focuses on studying past and present price action to predict the probability of Medipharm Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medipharm Labs' price. Additionally, you may evaluate how the addition of Medipharm Labs to your portfolios can decrease your overall portfolio volatility.
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