Medacta Group (Switzerland) Price on May 30, 2024
| MOVE Stock | 110.60 0.20 0.18% |
If you're considering investing in Medacta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medacta Group stands at 110.60, as last reported on the 16th of December 2024, with the highest price reaching 111.60 and the lowest price hitting 110.20 during the day. Medacta Group SA has Sharpe Ratio of -0.0898, which conveys that the firm had a -0.0898% return per unit of risk over the last 3 months. Medacta Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medacta Group's Risk Adjusted Performance of (0.07), standard deviation of 1.68, and Mean Deviation of 1.3 to check out the risk estimate we provide.
Medacta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Medacta |
Sharpe Ratio = -0.0898
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| Negative Returns | MOVE |
Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Medacta Group 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 Medacta Group by adding Medacta Group to a well-diversified portfolio.
Medacta Group Valuation on May 30, 2024
It is possible to determine the worth of Medacta Group on a given historical date. On May 30, 2024 Medacta was worth 122.2 at the beginning of the trading date compared to the closed value of 123.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medacta Group stock. Still, in general, we apply an absolute valuation method to find Medacta Group'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 Medacta Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medacta Group's related companies.
| Open | High | Low | Close | Volume | |
| 123.40 | 123.80 | 123.00 | 123.00 | 6,501 | |
05/30/2024 | 122.20 | 123.80 | 122.20 | 123.00 | 3,657 |
| 123.00 | 123.80 | 120.80 | 122.80 | 12,693 |
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Medacta Group Trading Date Momentum on May 30, 2024
| On May 31 2024 Medacta Group SA was traded for 122.80 at the closing time. The highest price during the trading period was 123.80 and the lowest recorded bid was listed for 120.80 . The volume for the day was 12.7 K. This history from May 31, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.16% . The trading delta at closing time to the current price is 3.41% . |
Medacta Group SA Fundamentals Correlations and Trends
By evaluating Medacta Group'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 Medacta Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medacta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medacta Group Stock history
Medacta Group 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 Medacta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medacta Group SA 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 Medacta Group stock prices may prove useful in developing a viable investing in Medacta Group
Medacta Group Stock Technical Analysis
Medacta Group 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
Medacta Group Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Medacta Group SA cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Medacta Group December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Medacta Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medacta Group shares will generate the highest return on investment. By undertsting and applying Medacta Group stock market strength indicators, traders can identify Medacta Group SA entry and exit signals to maximize returns
Medacta Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medacta Group's price direction in advance. Along with the technical and fundamental analysis of Medacta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medacta 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 | (0.07) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (1.03) |
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Additional Tools for Medacta Stock Analysis
When running Medacta Group's price analysis, check to measure Medacta Group'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 Medacta Group is operating at the current time. Most of Medacta Group's value examination focuses on studying past and present price action to predict the probability of Medacta Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medacta Group's price. Additionally, you may evaluate how the addition of Medacta Group to your portfolios can decrease your overall portfolio volatility.