Nemaura Medical Price on March 5, 2021

NMRDDelisted Stock  USD 0.08  0.01  12.09%   
If you're considering investing in Nemaura Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nemaura Medical stands at 0.08, as last reported on the 19th of April, with the highest price reaching 0.09 and the lowest price hitting 0.07 during the day. We have found twenty-three technical indicators for Nemaura Medical, which you can use to evaluate the volatility of the firm. Please verify Nemaura Medical's Risk Adjusted Performance of (0.11), mean deviation of 6.3, and Standard Deviation of 8.94 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Nemaura Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Nemaura Medical 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 Nemaura Medical by adding Nemaura Medical to a well-diversified portfolio.

Nemaura Medical Valuation on March 5, 2021

It is possible to determine the worth of Nemaura Medical on a given historical date. On March 5, 2021 Nemaura was worth 4.37 at the beginning of the trading date compared to the closed value of 4.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nemaura Medical stock. Still, in general, we apply an absolute valuation method to find Nemaura Medical'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 Nemaura Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nemaura Medical's related companies.
 Open High Low Close Volume
04/04/2022
  4.37    4.50    4.20    4.36    9,000  
  4.40    4.50    4.31    4.42    9,100  
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Open Value
4.37
4.36
Closing Value
4.37
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Nemaura Medical Trading Date Momentum on March 5, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Nemaura Medical Fundamentals Correlations and Trends

By evaluating Nemaura Medical'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 Nemaura Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nemaura financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nemaura Medical Stock history

Nemaura Medical 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 Nemaura is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nemaura Medical 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 Nemaura Medical stock prices may prove useful in developing a viable investing in Nemaura Medical
Nemaura Medical Inc., a medical technology company, discovers, develops, and commercializes diagnostic medical devices. Nemaura Medical Inc. was founded in 2009 and is based in New York, New York. Nemaura Med operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 32 people.

Nemaura Medical Stock Technical Analysis

Nemaura Medical 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, delisted stock market cycles, or different charting patterns.
A focus of Nemaura Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nemaura Medical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nemaura Medical Period Price Range

Low
April 4, 2022
-0.01  -0.23%
High

 4.37 

     

 4.36 

Nemaura Medical April 19, 2024 Market Strength

Market strength indicators help investors to evaluate how Nemaura Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nemaura Medical shares will generate the highest return on investment. By undertsting and applying Nemaura Medical stock market strength indicators, traders can identify Nemaura Medical entry and exit signals to maximize returns

Nemaura Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nemaura Medical's price direction in advance. Along with the technical and fundamental analysis of Nemaura Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nemaura 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.
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 metropolitan statistical area.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Other Consideration for investing in Nemaura Stock

If you are still planning to invest in Nemaura Medical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nemaura Medical's history and understand the potential risks before investing.
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