Mda Stock Price on May 13, 2024
If you're considering investing in MDA Stock, it is important to understand the factors that can impact its price. As of now, MDA Stock is not too volatile. MDA retains Efficiency (Sharpe Ratio) of 0.0143, which conveys that the firm had a 0.0143 % return per unit of return volatility over the last 3 months. We have found twenty-one technical indicators for MDA, which you can use to evaluate the volatility of the firm. Please verify MDA's Downside Deviation of 3.54, mean deviation of 2.67, and Market Risk Adjusted Performance of 0.0708 to check out if the risk estimate we provide is consistent with the expected return of 0.0599%.
MDA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MDA |
Sharpe Ratio = 0.0143
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | MDA | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.19 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average MDA is performing at about 1% 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 MDA by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| ZLAB | Zai Lab | |
| ASLE | AerSale Corp | |
| ATS | AT S Austria |
Price Boundaries
MDA Period Price Range
Low | March 26, 2025
| High |
0.00 | 0.00 |
MDA cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
MDA March 26, 2025 Market Strength
Market strength indicators help investors to evaluate how MDA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MDA shares will generate the highest return on investment. By undertsting and applying MDA stock market strength indicators, traders can identify MDA entry and exit signals to maximize returns
MDA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MDA's price direction in advance. Along with the technical and fundamental analysis of MDA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MDA 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 | 0.0201 | |||
| Jensen Alpha | 0.052 | |||
| Total Risk Alpha | 0.0621 | |||
| Sortino Ratio | 0.0148 | |||
| Treynor Ratio | 0.0608 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Tools for MDA Stock
When running MDA's price analysis, check to measure MDA'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 MDA is operating at the current time. Most of MDA's value examination focuses on studying past and present price action to predict the probability of MDA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDA's price. Additionally, you may evaluate how the addition of MDA to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |