Mercialys Stock Price on February 2, 2024
If you're considering investing in Mercialys Pink Sheet, it is important to understand the factors that can impact its price. Mercialys appears to be somewhat reliable, given 3 months investment horizon. Mercialys has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirteen technical indicators for Mercialys, which you can use to evaluate the volatility of the firm. Please exercise Mercialys' Risk Adjusted Performance of 0.0808, mean deviation of 1.36, and Standard Deviation of 3.77 to check out if our risk estimates are consistent with your expectations.
Mercialys Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Mercialys |
Sharpe Ratio = 0.1131
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Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Mercialys is performing at about 8% 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 Mercialys by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Mercialys Period Price Range
Mercialys April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Mercialys 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 Mercialys shares will generate the highest return on investment. By undertsting and applying Mercialys pink sheet market strength indicators, traders can identify Mercialys entry and exit signals to maximize returns
Mercialys Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mercialys' price direction in advance. Along with the technical and fundamental analysis of Mercialys Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mercialys 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 | 0.0808 | |||
| Jensen Alpha | 0.3856 | |||
| Total Risk Alpha | 0.1259 | |||
| Treynor Ratio | 0.6702 |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Mercialys Pink Sheet analysis
When running Mercialys' price analysis, check to measure Mercialys' 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 Mercialys is operating at the current time. Most of Mercialys' value examination focuses on studying past and present price action to predict the probability of Mercialys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercialys' price. Additionally, you may evaluate how the addition of Mercialys to your portfolios can decrease your overall portfolio volatility.
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