INDUSTRIAL MEDICAL (Nigeria) Price on October 22, 2024
| IMG Stock | 37.95 0.00 0.00% |
If you're considering investing in INDUSTRIAL Stock, it is important to understand the factors that can impact its price. As of today, the current price of INDUSTRIAL MEDICAL stands at 37.95, as last reported on the 13th of December 2024, with the highest price reaching 37.95 and the lowest price hitting 37.95 during the day. Currently, INDUSTRIAL MEDICAL GASES is very steady. INDUSTRIAL MEDICAL GASES holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of return volatility over the last 3 months. We have found sixteen technical indicators for INDUSTRIAL MEDICAL GASES, which you can use to evaluate the volatility of the firm. Please check out INDUSTRIAL MEDICAL's Market Risk Adjusted Performance of (107.00), coefficient of variation of 812.4, and Risk Adjusted Performance of 0.0924 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
INDUSTRIAL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
INDUSTRIAL |
Sharpe Ratio = 0.127
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Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average INDUSTRIAL MEDICAL is performing at about 10% 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 INDUSTRIAL MEDICAL by adding it to a well-diversified portfolio.
INDUSTRIAL MEDICAL Valuation on October 22, 2024
It is possible to determine the worth of INDUSTRIAL MEDICAL on a given historical date. On October 22, 2024 INDUSTRIAL was worth 35.0 at the beginning of the trading date compared to the closed value of 35.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of INDUSTRIAL MEDICAL stock. Still, in general, we apply an absolute valuation method to find INDUSTRIAL MEDICAL'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 INDUSTRIAL MEDICAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against INDUSTRIAL MEDICAL's related companies.
| Open | High | Low | Close | Volume | |
| 35.00 | 35.00 | 35.00 | 35.00 | 215.00 | |
10/22/2024 | 35.00 | 35.00 | 35.00 | 35.00 | 215.00 |
| 35.00 | 35.00 | 35.00 | 35.00 | 105.00 |
| Backtest INDUSTRIAL MEDICAL | | | INDUSTRIAL MEDICAL History | Previous | Next |
INDUSTRIAL MEDICAL Trading Date Momentum on October 22, 2024
| On October 23 2024 INDUSTRIAL MEDICAL GASES was traded for 35.00 at the closing time. The highest price during the trading period was 35.00 and the lowest recorded bid was listed for 35.00 . The volume for the day was 105. This history from October 23, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Price Boundaries
INDUSTRIAL MEDICAL Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
INDUSTRIAL MEDICAL GASES cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian Stock 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.
INDUSTRIAL MEDICAL December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how INDUSTRIAL MEDICAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading INDUSTRIAL MEDICAL shares will generate the highest return on investment. By undertsting and applying INDUSTRIAL MEDICAL stock market strength indicators, traders can identify INDUSTRIAL MEDICAL GASES entry and exit signals to maximize returns
INDUSTRIAL MEDICAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for INDUSTRIAL MEDICAL's price direction in advance. Along with the technical and fundamental analysis of INDUSTRIAL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of INDUSTRIAL 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 | 0.0924 | |||
| Jensen Alpha | 0.1178 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (107.01) |
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Additional Tools for INDUSTRIAL Stock Analysis
When running INDUSTRIAL MEDICAL's price analysis, check to measure INDUSTRIAL MEDICAL'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 INDUSTRIAL MEDICAL is operating at the current time. Most of INDUSTRIAL MEDICAL's value examination focuses on studying past and present price action to predict the probability of INDUSTRIAL MEDICAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move INDUSTRIAL MEDICAL's price. Additionally, you may evaluate how the addition of INDUSTRIAL MEDICAL to your portfolios can decrease your overall portfolio volatility.