Medical Packaging (Egypt) Price on June 11, 2024
| MEDP Stock | 1.34 0.08 6.35% |
If you're considering investing in Medical Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medical Packaging stands at 1.34, as last reported on the 17th of December 2024, with the highest price reaching 1.38 and the lowest price hitting 1.33 during the day. At this point, Medical Packaging is very risky. Medical Packaging has Sharpe Ratio of 0.0239, which conveys that the firm had a 0.0239% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Medical Packaging, which you can use to evaluate the volatility of the firm. Please verify Medical Packaging's Risk Adjusted Performance of 0.0224, downside deviation of 2.35, and Mean Deviation of 1.75 to check out if the risk estimate we provide is consistent with the expected return of 0.0615%.
Medical Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Medical |
Sharpe Ratio = 0.0239
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| Cash | Small Risk | MEDP | High Risk | Huge Risk |
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Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Medical Packaging is performing at about 1% 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 Medical Packaging by adding it to a well-diversified portfolio.
Medical Packaging Valuation on June 11, 2024
It is possible to determine the worth of Medical Packaging on a given historical date. On June 11, 2024 Medical was worth 0.93 at the beginning of the trading date compared to the closed value of 0.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medical Packaging stock. Still, in general, we apply an absolute valuation method to find Medical Packaging'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 Medical Packaging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medical Packaging's related companies.
| Open | High | Low | Close | Volume | |
| 0.92 | 0.95 | 0.91 | 0.93 | 1,778,121 | |
06/11/2024 | 0.93 | 0.97 | 0.93 | 0.95 | 2,324,217 |
| 0.95 | 0.98 | 0.94 | 0.96 | 1,789,003 |
| Backtest Medical Packaging | | | Medical Packaging History | Previous | Next |
Medical Packaging Trading Date Momentum on June 11, 2024
| On June 12 2024 Medical Packaging was traded for 0.96 at the closing time. The highest price during the trading period was 0.98 and the lowest recorded bid was listed for 0.94 . The volume for the day was 1.8 M. This history from June 12, 2024 contributed to the next trading day price rise. The trading delta at closing time to the next closing price was 1.05% . The trading delta at closing time to the current price is 8.42% . |
Price Boundaries
Medical Packaging Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
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Medical Packaging December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Medical Packaging stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medical Packaging shares will generate the highest return on investment. By undertsting and applying Medical Packaging stock market strength indicators, traders can identify Medical Packaging entry and exit signals to maximize returns
Medical Packaging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medical Packaging's price direction in advance. Along with the technical and fundamental analysis of Medical Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medical 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 | 0.0224 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0637 |
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| Volume Indicators |
Complementary Tools for Medical Stock analysis
When running Medical Packaging's price analysis, check to measure Medical Packaging'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 Medical Packaging is operating at the current time. Most of Medical Packaging's value examination focuses on studying past and present price action to predict the probability of Medical Packaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medical Packaging's price. Additionally, you may evaluate how the addition of Medical Packaging to your portfolios can decrease your overall portfolio volatility.
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