Medmira Stock Price on January 26, 2023

MIR Stock  CAD 0.09  0.01  6.25%   
Below is the normalized historical share price chart for MedMira extending back to December 02, 1999. 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 MedMira stands at 0.09, as last reported on the 25th of December, with the highest price reaching 0.1 and the lowest price hitting 0.08 during the day.
200 Day MA
0.0883
50 Day MA
0.0856
Beta
10.73
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MedMira Stock, it is important to understand the factors that can impact its price. At this stage we consider MedMira Stock to be out of control. MedMira has Sharpe Ratio of 0.0125, which conveys that the firm had a 0.0125% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for MedMira, which you can use to evaluate the volatility of the firm. Please verify MedMira's Mean Deviation of 3.15, risk adjusted performance of 0.0207, and Downside Deviation of 11.66 to check out if the risk estimate we provide is consistent with the expected return of 0.0716%.
  
At this time, MedMira's Common Stock Shares Outstanding is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to climb to 0.05 in 2024, whereas Total Stockholder Equity is likely to drop (14.2 M) in 2024. . Price To Sales Ratio is likely to drop to 85.38 in 2024. Price Earnings Ratio is likely to drop to -21.06 in 2024. MedMira Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0125

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Estimated Market Risk

 5.72
  actual daily
50
50% of assets are less volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average MedMira 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 MedMira by adding MedMira to a well-diversified portfolio.
Enterprise Value Ebitda
(80.03)
Price Sales
155.6079
Shares Float
217.9 M
Earnings Share
(0.01)
Shares Short
979

MedMira Valuation on January 26, 2023

It is possible to determine the worth of MedMira on a given historical date. On January 26, 2023 MedMira was worth 0.12 at the beginning of the trading date compared to the closed value of 0.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MedMira stock. Still, in general, we apply an absolute valuation method to find MedMira'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 MedMira where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MedMira's related companies.
 Open High Low Close Volume
  0.12    0.12    0.11    0.12    19,000  
01/26/2023
  0.12    0.12    0.12    0.12    1,000.00  
  0.11    0.13    0.11    0.13    121,500  
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Open Value
0.12
0.12
Closing Value
17.29
Upside

MedMira Trading Date Momentum on January 26, 2023

On January 27 2023 MedMira was traded for  0.13  at the closing time. The highest daily price throughout the period was 0.13  and the lowest price was  0.11 . The daily volume was 121.5 K. The net trading volume on 01/27/2023 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 8.33% . The trading delta at closing time to current closing price is 16.67% .

MedMira Fundamentals Correlations and Trends

By evaluating MedMira'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 MedMira's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MedMira financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MedMira Stock history

MedMira 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 MedMira is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MedMira 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 MedMira stock prices may prove useful in developing a viable investing in MedMira
Last ReportedProjected for Next Year
Common Stock Shares Outstanding802.1 M842.2 M
Net Loss-2.1 M-2.2 M

MedMira Stock Technical Analysis

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

MedMira Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MedMira cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

MedMira December 25, 2024 Market Strength

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

MedMira Technical and Predictive Indicators

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

Additional Tools for MedMira Stock Analysis

When running MedMira's price analysis, check to measure MedMira'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 MedMira is operating at the current time. Most of MedMira's value examination focuses on studying past and present price action to predict the probability of MedMira's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MedMira's price. Additionally, you may evaluate how the addition of MedMira to your portfolios can decrease your overall portfolio volatility.