Numinus Wellness Stock Price on July 12, 2024
| NUMIF Stock | USD 0.03 0 3.45% |
If you're considering investing in Numinus OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Numinus Wellness stands at 0.03, as last reported on the 22nd of December, with the highest price reaching 0.03 and the lowest price hitting 0.02 during the day. Numinus Wellness is out of control given 3 months investment horizon. Numinus Wellness has Sharpe Ratio of 0.0865, which conveys that the firm had a 0.0865% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.08% are justified by taking the suggested risk. Use Numinus Wellness Mean Deviation of 8.0, risk adjusted performance of 0.076, and Downside Deviation of 11.93 to evaluate company specific risk that cannot be diversified away.
Numinus OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Numinus |
Sharpe Ratio = 0.0865
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Estimated Market Risk
| 12.52 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.08 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Numinus Wellness is performing at about 6% 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 Numinus Wellness by adding it to a well-diversified portfolio.
Numinus Wellness Valuation on July 12, 2024
It is possible to determine the worth of Numinus Wellness on a given historical date. On July 12, 2024 Numinus was worth 0.029 at the beginning of the trading date compared to the closed value of 0.034. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Numinus Wellness otc stock. Still, in general, we apply an absolute valuation method to find Numinus Wellness' 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 Numinus Wellness where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Numinus Wellness' related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.04 | 0.03 | 0.03 | 25,500 | |
07/12/2024 | 0.03 | 0.04 | 0.03 | 0.03 | 120,100 |
| 0.04 | 0.04 | 0.03 | 0.03 | 90,800 |
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Numinus Wellness Trading Date Momentum on July 12, 2024
| On July 15 2024 Numinus Wellness was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.03 . The daily volume was 90.8 K. The net trading volume on 07/15/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.94% . The trading delta at closing time to current closing price is 16.76% . |
Numinus Wellness Fundamentals Correlations and Trends
By evaluating Numinus Wellness' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Numinus Wellness' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Numinus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Numinus Wellness OTC Stock history
Numinus Wellness 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 Numinus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Numinus Wellness 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 Numinus Wellness stock prices may prove useful in developing a viable investing in Numinus Wellness
Numinus Wellness Inc. provides solutions to develop and deliver psychedelic-assisted psychotherapy and transform the mental health landscape. This division also offers training, facilities, and other operational resources to practitioners. Numinus Wellness is traded on OTC Exchange in the United States.
Numinus Wellness OTC Stock Technical Analysis
Numinus Wellness technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Numinus Wellness Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Numinus Wellness cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Numinus Wellness December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Numinus Wellness otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Numinus Wellness shares will generate the highest return on investment. By undertsting and applying Numinus Wellness otc stock market strength indicators, traders can identify Numinus Wellness entry and exit signals to maximize returns
Numinus Wellness Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Numinus Wellness' price direction in advance. Along with the technical and fundamental analysis of Numinus OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Numinus 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 | 0.076 | |||
| Jensen Alpha | 0.9668 | |||
| Total Risk Alpha | 0.6908 | |||
| Sortino Ratio | 0.0854 | |||
| Treynor Ratio | 0.3122 |
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Complementary Tools for Numinus OTC Stock analysis
When running Numinus Wellness' price analysis, check to measure Numinus Wellness' 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 Numinus Wellness is operating at the current time. Most of Numinus Wellness' value examination focuses on studying past and present price action to predict the probability of Numinus Wellness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Numinus Wellness' price. Additionally, you may evaluate how the addition of Numinus Wellness to your portfolios can decrease your overall portfolio volatility.
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