MAINZ BIOMED (Germany) Price on October 22, 2024
| 4TO Stock | 8.00 0.00 0.00% |
If you're considering investing in MAINZ Stock, it is important to understand the factors that can impact its price. As of today, the current price of MAINZ BIOMED stands at 8.00, as last reported on the 6th of January, with the highest price reaching 8.00 and the lowest price hitting 8.00 during the day. At this point, MAINZ BIOMED is unstable. MAINZ BIOMED BV has Sharpe Ratio of 0.0053, which conveys that the company had a 0.0053% return per unit of volatility over the last 3 months. We have found twenty-four technical indicators for MAINZ BIOMED, which you can use to evaluate the volatility of the entity. Please verify MAINZ BIOMED's Downside Deviation of 11.34, market risk adjusted performance of (0.17), and Mean Deviation of 7.31 to check out if the risk estimate we provide is consistent with the expected return of 0.0447%.
MAINZ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MAINZ |
Sharpe Ratio = 0.0053
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| Negative Returns | 4TO |
Estimated Market Risk
| 8.49 actual daily | 75 75% of assets are less volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MAINZ BIOMED 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 MAINZ BIOMED by adding MAINZ BIOMED to a well-diversified portfolio.
MAINZ BIOMED Valuation on October 22, 2024
It is possible to determine the worth of MAINZ BIOMED on a given historical date. On October 22, 2024 MAINZ was worth 10.68 at the beginning of the trading date compared to the closed value of 10.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MAINZ BIOMED stock. Still, in general, we apply an absolute valuation method to find MAINZ BIOMED'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 MAINZ BIOMED where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MAINZ BIOMED's related companies.
| Open | High | Low | Close | Volume | |
| 10.20 | 12.52 | 10.20 | 11.60 | 1,287 | |
10/22/2024 | 10.68 | 10.68 | 10.68 | 10.68 | 1.00 |
| 11.60 | 11.60 | 11.60 | 11.60 | 500.00 |
| Backtest MAINZ BIOMED | | | MAINZ BIOMED History | Previous | Next |
MAINZ BIOMED Trading Date Momentum on October 22, 2024
| On October 23 2024 MAINZ BIOMED BV was traded for 11.60 at the closing time. The highest daily price throughout the period was 11.60 and the lowest price was 11.60 . The daily volume was 500. The net trading volume on 10/23/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 8.61% . The trading delta at closing time to current closing price is 15.54% . |
Price Boundaries
MAINZ BIOMED Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
MAINZ BIOMED BV cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
MAINZ BIOMED January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how MAINZ BIOMED stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MAINZ BIOMED shares will generate the highest return on investment. By undertsting and applying MAINZ BIOMED stock market strength indicators, traders can identify MAINZ BIOMED BV entry and exit signals to maximize returns
MAINZ BIOMED Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MAINZ BIOMED's price direction in advance. Along with the technical and fundamental analysis of MAINZ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MAINZ 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 | 0.0627 | |||
| Jensen Alpha | 0.7425 | |||
| Total Risk Alpha | 0.5318 | |||
| Sortino Ratio | 0.0601 | |||
| Treynor Ratio | (0.18) |
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Complementary Tools for MAINZ Stock analysis
When running MAINZ BIOMED's price analysis, check to measure MAINZ BIOMED'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 MAINZ BIOMED is operating at the current time. Most of MAINZ BIOMED's value examination focuses on studying past and present price action to predict the probability of MAINZ BIOMED's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAINZ BIOMED's price. Additionally, you may evaluate how the addition of MAINZ BIOMED to your portfolios can decrease your overall portfolio volatility.
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