Medicus Pharma Stock Price on November 7, 2023
| MDCX Stock | 3.95 0.25 6.76% |
If you're considering investing in Medicus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medicus Pharma stands at 3.95, as last reported on the 15th of December 2024, with the highest price reaching 3.95 and the lowest price hitting 3.95 during the day. Medicus Pharma is extremely dangerous given 3 months investment horizon. Medicus Pharma has Sharpe Ratio of 0.0667, which conveys that the firm had a 0.0667% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Medicus Pharma Mean Deviation of 6.61, downside deviation of 16.12, and Risk Adjusted Performance of 0.0529 to evaluate company specific risk that cannot be diversified away.
At this time, Medicus Pharma's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 17.7 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 80.7 K in 2024. . Medicus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Medicus |
Sharpe Ratio = 0.0667
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Estimated Market Risk
| 15.05 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.0 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Medicus Pharma is performing at about 5% 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 Medicus Pharma by adding it to a well-diversified portfolio.
Price Book 9.3998 | Enterprise Value 39.6 M | Shares Outstanding 11.8 M | Market Capitalization 46.7 M | Wall Street Target Price 5.61 |
Medicus Pharma Valuation on November 7, 2023
It is possible to determine the worth of Medicus Pharma on a given historical date. On November 7, 2023 Medicus was worth 3.2 at the beginning of the trading date compared to the closed value of 3.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medicus Pharma stock. Still, in general, we apply an absolute valuation method to find Medicus Pharma'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 Medicus Pharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medicus Pharma's related companies.
| Open | High | Low | Close | Volume | |
| 2.40 | 2.90 | 2.40 | 2.90 | 800.00 | |
11/07/2023 | 3.20 | 3.20 | 3.20 | 3.20 | 100.00 |
| 3.00 | 3.20 | 2.70 | 2.70 | 550.00 |
| Backtest Medicus Pharma | | | Medicus Pharma History | | | Medicus Pharma Valuation | Previous | Next |
Medicus Pharma Trading Date Momentum on November 7, 2023
| On November 08 2023 Medicus Pharma was traded for 2.70 at the closing time. The maximum traded price for the trading interval was 3.20 and the lowest daily price was 2.70 . The daily volume was recorded at 550. The volume of trading on 8th of November 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 15.62% . The trading delta at closing time to the closing price today is 5.63% . |
Medicus Pharma Fundamentals Correlations and Trends
By evaluating Medicus Pharma'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 Medicus Pharma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medicus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medicus Pharma Stock history
Medicus Pharma 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 Medicus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medicus Pharma 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 Medicus Pharma stock prices may prove useful in developing a viable investing in Medicus Pharma
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16.2 M | 17.7 M |
Medicus Pharma Stock Technical Analysis
Medicus Pharma 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
Medicus Pharma Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Medicus Pharma cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Medicus Pharma December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Medicus Pharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medicus Pharma shares will generate the highest return on investment. By undertsting and applying Medicus Pharma stock market strength indicators, traders can identify Medicus Pharma entry and exit signals to maximize returns
Medicus Pharma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medicus Pharma's price direction in advance. Along with the technical and fundamental analysis of Medicus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medicus 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 | 0.0529 | |||
| Jensen Alpha | 0.5812 | |||
| Total Risk Alpha | (0.97) | |||
| Sortino Ratio | 0.0488 | |||
| Treynor Ratio | 0.2669 |
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Additional Tools for Medicus Stock Analysis
When running Medicus Pharma's price analysis, check to measure Medicus Pharma'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 Medicus Pharma is operating at the current time. Most of Medicus Pharma's value examination focuses on studying past and present price action to predict the probability of Medicus Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medicus Pharma's price. Additionally, you may evaluate how the addition of Medicus Pharma to your portfolios can decrease your overall portfolio volatility.