Mda Stock Price on November 1, 2024
| MDA Stock | CAD 28.50 0.11 0.39% |
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 28.50, as last reported on the 15th of December 2024, with the highest price reaching 28.82 and the lowest price hitting 28.11 during the day. MDA appears to be very steady, given 3 months investment horizon. MDA retains Efficiency (Sharpe Ratio) of 0.38, which conveys that the firm had a 0.38% return per unit of return volatility over the last 3 months. By inspecting MDA's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please exercise MDA's Mean Deviation of 1.67, downside deviation of 1.62, and Market Risk Adjusted Performance of 8.4 to check out if our risk estimates are consistent with your expectations.
At this time, MDA's Common Stock Shares Outstanding is very stable compared to the past year. As of the 15th of December 2024, Stock Based Compensation is likely to grow to about 10.6 M, while Common Stock is likely to drop about 751.5 M. . At this time, MDA's Price Sales Ratio is very stable compared to the past year. As of the 15th of December 2024, Price Fair Value is likely to grow to 1.91, while Price Earnings Ratio is likely to drop 26.74. MDA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MDA |
Sharpe Ratio = 0.3779
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Estimated Market Risk
| 2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.38 actual daily | 29 71% of assets perform better |
Based on monthly moving average MDA is performing at about 29% 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.
Price Book 3.0109 | Enterprise Value Ebitda 18.8809 | Price Sales 3.9871 | Shares Float 93.6 M | Wall Street Target Price 32.375 |
MDA Valuation on November 1, 2024
It is possible to determine the worth of MDA on a given historical date. On November 1, 2024 MDA was worth 21.47 at the beginning of the trading date compared to the closed value of 23.51. 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 | |
| 21.02 | 21.54 | 20.97 | 21.30 | 204,446 | |
11/01/2024 | 21.47 | 23.83 | 21.47 | 23.51 | 615,950 |
| 23.72 | 24.76 | 23.52 | 24.20 | 496,100 |
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MDA Trading Date Momentum on November 1, 2024
| On November 04 2024 MDA was traded for 24.20 at the closing time. The maximum traded price for the trading interval was 24.76 and the lowest daily price was 23.52 . The daily volume was recorded at 496.1 K. The volume of trading on 4th of November 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 2.93% . The trading delta at closing time to the closing price today is 12.72% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 121.2 M | 132 M | |
| Net Income Applicable To Common Shares | 23.7 M | 32 M |
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 | December 15, 2024
| 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 December 15, 2024 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 | 0.3026 | |||
| Jensen Alpha | 0.9189 | |||
| Total Risk Alpha | 0.6428 | |||
| Sortino Ratio | 0.5192 | |||
| Treynor Ratio | 8.39 |
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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.