Medical Packaging (Egypt) Price on June 25, 2024
| MEDP Stock | 1.26 0.02 1.61% |
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 1.26, as last reported on the 16th of December 2024, with the highest price reaching 1.27 and the lowest price hitting 1.24 during the day. Medical Packaging has Sharpe Ratio of -0.0259, which conveys that the firm had a -0.0259% return per unit of risk over the last 3 months. Medical Packaging exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medical Packaging's Mean Deviation of 1.65, risk adjusted performance of (0.01), and Standard Deviation of 2.32 to check out the risk estimate we provide.
Medical Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Medical |
Sharpe Ratio = -0.0259
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| Negative Returns | MEDP |
Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Medical Packaging 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 Medical Packaging by adding Medical Packaging to a well-diversified portfolio.
Medical Packaging Valuation on June 25, 2024
It is possible to determine the worth of Medical Packaging on a given historical date. On June 25, 2024 Medical was worth 1.02 at the beginning of the trading date compared to the closed value of 1.03. 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 | |
| 1.03 | 1.07 | 1.02 | 1.02 | 5,902,040 | |
06/25/2024 | 1.02 | 1.04 | 1.00 | 1.03 | 3,323,547 |
| 1.03 | 1.06 | 1.03 | 1.04 | 2,293,271 |
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Medical Packaging Trading Date Momentum on June 25, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Price Boundaries
Medical Packaging Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Medical Packaging cannot be verified against its exchange. Please verify the symbol is currently traded on Egyptian 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.
Medical Packaging December 16, 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 | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.08) |
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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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