Medartis Holding (Switzerland) Price on December 15, 2024
| MED Stock | 54.50 0.40 0.74% |
If you're considering investing in Medartis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medartis Holding stands at 54.50, as last reported on the 15th of December 2024, with the highest price reaching 55.60 and the lowest price hitting 54.50 during the day. Medartis Holding has Sharpe Ratio of -0.0166, which conveys that the firm had a -0.0166% return per unit of risk over the last 3 months. Medartis Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medartis Holding's Standard Deviation of 2.96, mean deviation of 2.05, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
Medartis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Medartis |
Sharpe Ratio = -0.0166
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| Negative Returns | MED |
Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Medartis Holding 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 Medartis Holding by adding Medartis Holding to a well-diversified portfolio.
Medartis Holding Valuation on December 15, 2024
It is possible to determine the worth of Medartis Holding on a given historical date. On December 15, 2024 Medartis was worth 55.6 at the beginning of the trading date compared to the closed value of 54.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medartis Holding stock. Still, in general, we apply an absolute valuation method to find Medartis Holding'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 Medartis Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medartis Holding's related companies.
| Open | High | Low | Close | Volume | |
| 55.60 | 55.60 | 54.50 | 54.50 | 1,275 | |
12/15/2024 | 55.60 | 55.60 | 54.50 | 54.50 | 0.00 |
| Backtest Medartis Holding | | | Medartis Holding History | | | Medartis Holding Valuation | Previous |
Medartis Holding Trading Date Momentum on December 15, 2024
| On December 15 2024 Medartis Holding AG was traded for 54.50 at the closing time. The maximum traded price for the trading interval was 55.60 and the lowest daily price was 54.50 . There was no trading activity during the period 0.0. Lack of trading volume on 15th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 2.02% . |
Medartis Holding Fundamentals Correlations and Trends
By evaluating Medartis Holding'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 Medartis Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medartis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medartis Holding Stock history
Medartis Holding 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 Medartis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medartis Holding 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 Medartis Holding stock prices may prove useful in developing a viable investing in Medartis Holding
Medartis Holding Stock Technical Analysis
Medartis Holding 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
Medartis Holding Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Medartis Holding AG cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Medartis Holding December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Medartis Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medartis Holding shares will generate the highest return on investment. By undertsting and applying Medartis Holding stock market strength indicators, traders can identify Medartis Holding AG entry and exit signals to maximize returns
Medartis Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medartis Holding's price direction in advance. Along with the technical and fundamental analysis of Medartis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medartis 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 | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (1.22) |
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Additional Tools for Medartis Stock Analysis
When running Medartis Holding's price analysis, check to measure Medartis Holding'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 Medartis Holding is operating at the current time. Most of Medartis Holding's value examination focuses on studying past and present price action to predict the probability of Medartis Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medartis Holding's price. Additionally, you may evaluate how the addition of Medartis Holding to your portfolios can decrease your overall portfolio volatility.