Medican Enterprises Stock Price on November 27, 2024
| MDCN Stock | USD 0.0001 0.00 0.00% |
If you're considering investing in Medican Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Medican Enterprises stands at 0.0001, as last reported on the 2nd of March, with the highest price reaching 0.0001 and the lowest price hitting 0.0001 during the day. Medican Enterprises is out of control given 3 months investment horizon. Medican Enterprises has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21 % return per unit of risk over the last 3 months. We were able to break down seventeen different technical indicators, which can help you to evaluate if expected returns of 45.9% are justified by taking the suggested risk. Use Medican Enterprises Risk Adjusted Performance of 0.1652, standard deviation of 221.3, and Mean Deviation of 95.33 to evaluate company specific risk that cannot be diversified away.
Medican Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Medican |
Sharpe Ratio = 0.2091
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Estimated Market Risk
| 219.53 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Medican Enterprises is performing at about 16% 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 Medican Enterprises by adding it to a well-diversified portfolio.
Medican Enterprises Valuation on November 27, 2024
It is possible to determine the worth of Medican Enterprises on a given historical date. On November 27, 2024 Medican was worth 0.0 at the beginning of the trading date compared to the closed value of 0.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medican Enterprises pink sheet. Still, in general, we apply an absolute valuation method to find Medican Enterprises' 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 Medican Enterprises where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medican Enterprises' related companies.
| Open | High | Low | Close | Volume | |
| 0.00 | 0.00 | 0.00 | 0.00 | 9,923,500 | |
11/27/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
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Medican Enterprises Trading Date Momentum on November 27, 2024
| On November 29 2024 Medican Enterprises was traded for 0.00 at the closing time. The top price for the day was 0.00 and the lowest listed price was 0.00 . There was no trading activity during the period 1.0. Lack of trading volume on November 29, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
Medican Enterprises Fundamentals Correlations and Trends
By evaluating Medican Enterprises' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Medican Enterprises' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medican financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medican Enterprises Pink Sheet history
Medican Enterprises 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 Medican is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medican Enterprises 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 Medican Enterprises stock prices may prove useful in developing a viable investing in Medican Enterprises
Medican Enterprises, Inc., a bio-pharmaceutical company, focuses on pursuing business opportunities in the medical and recreational marijuana sector. Medican Enterprises, Inc. was founded in 1988 and is headquartered in Las Vegas, Nevada. Medican Enterprises operates under Real Estate Services classification in the United States and is traded on OTC Exchange. It employs 3 people.
Medican Enterprises Pink Sheet Technical Analysis
Medican Enterprises technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Medican Enterprises Period Price Range
Low | March 2, 2025
| High |
0.00 | 0.00 |
Medican Enterprises cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Medican Enterprises March 2, 2025 Market Strength
Market strength indicators help investors to evaluate how Medican Enterprises pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medican Enterprises shares will generate the highest return on investment. By undertsting and applying Medican Enterprises pink sheet market strength indicators, traders can identify Medican Enterprises entry and exit signals to maximize returns
Medican Enterprises Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medican Enterprises' price direction in advance. Along with the technical and fundamental analysis of Medican Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medican 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 | 0.1652 | |||
| Jensen Alpha | 46.34 | |||
| Total Risk Alpha | 53.56 | |||
| Treynor Ratio | (3.34) |
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Other Information on Investing in Medican Pink Sheet
Medican Enterprises financial ratios help investors to determine whether Medican Pink Sheet 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 Medican with respect to the benefits of owning Medican Enterprises security.