MAINZ BIOMED (Germany) Price on November 27, 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 27th of December, with the highest price reaching 8.00 and the lowest price hitting 8.00 during the day. MAINZ BIOMED appears to be risky, given 3 months investment horizon. MAINZ BIOMED BV has Sharpe Ratio of 0.0507, which conveys that the company had a 0.0507% return per unit of volatility over the last 3 months. By examining MAINZ BIOMED's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise MAINZ BIOMED's Downside Deviation of 10.64, mean deviation of 7.36, and Market Risk Adjusted Performance of (1.00) to check out if our risk estimates are consistent with your expectations.
MAINZ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MAINZ |
Sharpe Ratio = 0.0507
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Estimated Market Risk
| 10.62 actual daily | 94 94% of assets are less volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average MAINZ BIOMED is performing at about 3% of its full potential. 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 it to a well-diversified portfolio.
MAINZ BIOMED Valuation on November 27, 2024
It is possible to determine the worth of MAINZ BIOMED on a given historical date. On November 27, 2024 MAINZ was worth 8.4 at the beginning of the trading date compared to the closed value of 8.8. 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 | |
| 7.62 | 8.76 | 7.62 | 8.76 | 107.00 | |
11/27/2024 | 8.40 | 8.80 | 8.14 | 8.80 | 250.00 |
| 9.18 | 10.56 | 9.18 | 9.40 | 1,101 |
| Backtest MAINZ BIOMED | | | MAINZ BIOMED History | Previous | Next |
MAINZ BIOMED Trading Date Momentum on November 27, 2024
| On November 28 2024 MAINZ BIOMED BV was traded for 9.40 at the closing time. The highest daily price throughout the period was 10.56 and the lowest price was 9.18 . The daily volume was 1.1 K. The net trading volume on 11/28/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 6.82% . The trading delta at closing time to current closing price is 9.09% . |
Price Boundaries
MAINZ BIOMED Period Price Range
Low | December 27, 2024
| 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 December 27, 2024 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 | 0.0555 | |||
| Jensen Alpha | 0.6403 | |||
| Total Risk Alpha | 0.0299 | |||
| Sortino Ratio | 0.0536 | |||
| Treynor Ratio | (1.01) |
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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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