Marimed Stock Price on November 13, 2024
MRMD Stock | USD 0.14 0.01 7.69% |
If you're considering investing in Marimed OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Marimed stands at 0.14, as last reported on the 12th of December 2024, with the highest price reaching 0.14 and the lowest price hitting 0.13 during the day. Marimed has Sharpe Ratio of -0.0365, which conveys that the firm had a -0.0365% return per unit of risk over the last 3 months. Marimed exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marimed's Mean Deviation of 3.05, standard deviation of 4.99, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
Marimed OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Marimed |
Sharpe Ratio = -0.0365
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Estimated Market Risk
5.06 actual daily | 45 55% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Marimed 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 Marimed by adding Marimed to a well-diversified portfolio.
Marimed Valuation on November 13, 2024
It is possible to determine the worth of Marimed on a given historical date. On November 13, 2024 Marimed was worth 0.16 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marimed otc stock. Still, in general, we apply an absolute valuation method to find Marimed'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 Marimed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marimed's related companies.
Open | High | Low | Close | Volume | |
0.14 | 0.18 | 0.14 | 0.17 | 896,100 | |
11/13/2024 | 0.16 | 0.17 | 0.15 | 0.17 | 953,400 |
0.17 | 0.18 | 0.16 | 0.17 | 1,142,200 |
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Marimed Trading Date Momentum on November 13, 2024
On November 14 2024 Marimed was traded for 0.17 at the closing time. The top price for the day was 0.18 and the lowest listed price was 0.16 . The trading volume for the day was 1.1 M. The trading history from November 14, 2024 did not cause price change. The trading delta at closing time against the current closing price is 11.76% . |
Marimed Fundamentals Correlations and Trends
By evaluating Marimed'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 Marimed's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marimed financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marimed OTC Stock history
Marimed 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 Marimed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marimed 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 Marimed stock prices may prove useful in developing a viable investing in Marimed
MariMed Inc. engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. MariMed Inc. was incorporated in 2011 and is based in Norwood, Massachusetts. Marimed operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 260 people.
Marimed OTC Stock Technical Analysis
Marimed 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
Marimed Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Marimed 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.
Marimed December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Marimed 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 Marimed shares will generate the highest return on investment. By undertsting and applying Marimed otc stock market strength indicators, traders can identify Marimed entry and exit signals to maximize returns
Marimed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marimed's price direction in advance. Along with the technical and fundamental analysis of Marimed OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marimed 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 | (0.03) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (1.06) | |||
Treynor Ratio | (0.34) |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Marimed OTC Stock analysis
When running Marimed's price analysis, check to measure Marimed'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 Marimed is operating at the current time. Most of Marimed's value examination focuses on studying past and present price action to predict the probability of Marimed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marimed's price. Additionally, you may evaluate how the addition of Marimed to your portfolios can decrease your overall portfolio volatility.
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