Mda Stock Price on August 29, 2024
| MDA Stock | CAD 27.64 0.07 0.25% |
If you're considering investing in MDA Stock, it is important to understand the factors that can impact its price. As of today, the current price of MDA stands at 27.64, as last reported on the 20th of March, with the highest price reaching 27.93 and the lowest price hitting 27.27 during the day. As of now, MDA Stock is not too volatile. MDA retains Efficiency (Sharpe Ratio) of close to zero, which conveys that the firm had a close to zero % return per unit of return volatility over the last 3 months. We have found thirty technical indicators for MDA, which you can use to evaluate the volatility of the firm. Please verify MDA's Mean Deviation of 2.63, market risk adjusted performance of (0.02), and Downside Deviation of 3.65 to check out if the risk estimate we provide is consistent with the expected return of 0.0361%.
MDA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MDA |
Sharpe Ratio = 0.0086
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| Negative Returns | MDA |
Estimated Market Risk
| 4.2 actual daily | 37 63% of assets are more 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 MDA 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 MDA by adding MDA to a well-diversified portfolio.
MDA Valuation on August 29, 2024
It is possible to determine the worth of MDA on a given historical date. On August 29, 2024 MDA was worth 15.75 at the beginning of the trading date compared to the closed value of 15.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MDA stock. Still, in general, we apply an absolute valuation method to find MDA'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 MDA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MDA's related companies.
| Open | High | Low | Close | Volume | |
| 16.19 | 16.43 | 15.64 | 15.75 | 365,600 | |
08/29/2024 | 15.75 | 16.01 | 15.65 | 15.85 | 241,200 |
| 15.85 | 16.08 | 15.77 | 15.85 | 421,000 |
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MDA Trading Date Momentum on August 29, 2024
| On August 30 2024 MDA was traded for 15.85 at the closing time. The maximum traded price for the trading interval was 16.08 and the lowest daily price was 15.77 . The daily volume was recorded at 421 K. The volume of trading on 30th of August 2024 did not cause price change. The trading delta at closing time to the closing price today is 7.57% . |
MDA Fundamentals Correlations and Trends
By evaluating MDA'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 MDA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MDA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MDA Stock history
MDA 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 MDA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MDA 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 MDA stock prices may prove useful in developing a viable investing in MDA
MDA Stock Technical Analysis
MDA technical 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, stock market cycles, or different charting patterns.
Price Boundaries
MDA Period Price Range
Low | March 20, 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 20, 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 | 0.0155 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.3802 | |||
| Sortino Ratio | 0.0276 | |||
| Treynor Ratio | (0.03) |
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| Volume Indicators |
Other Information on Investing in MDA Stock
MDA financial ratios help investors to determine whether MDA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MDA with respect to the benefits of owning MDA security.