Nemaura Medical Price on April 28, 2021
NMRDDelisted Stock | USD 0.08 0.01 12.09% |
If you're considering investing in Nemaura OTC 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 28th of March, with the highest price reaching 0.09 and the lowest price hitting 0.07 during the day. Nemaura Medical has Sharpe Ratio of -1.11, which conveys that the firm had a -1.11% return per unit of risk over the last 3 months. Nemaura Medical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nemaura Medical's Risk Adjusted Performance of (0.1), mean deviation of 6.3, and Standard Deviation of 8.94 to check out the risk estimate we provide.
Nemaura OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nemaura |
Sharpe Ratio = -1.106
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Negative Returns | NMRD |
Estimated Market Risk
13.24 actual daily | 96 96% of assets are less volatile |
Expected Return
-14.65 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-1.11 actual daily | 0 Most of other assets perform better |
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 April 28, 2021
It is possible to determine the worth of Nemaura Medical on a given historical date. On April 28, 2021 Nemaura was worth 4.01 at the beginning of the trading date compared to the closed value of 3.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nemaura Medical otc 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 | |
03/14/2022 | 4.01 | 4.37 | 3.84 | 3.84 | 35,000 |
4.03 | 4.06 | 4.03 | 4.06 | 900.00 |
Backtest Nemaura Medical | | | Nemaura Medical History | | | Nemaura Medical Valuation | Next |
Nemaura Medical Trading Date Momentum on April 28, 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 OTC 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 OTC Stock Technical Analysis
Nemaura Medical 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
Nemaura Medical Period Price Range
Low | March 14, 2022 | High |
4.01 | 3.84 |
-0.17 | -4.24% |
Nemaura Medical March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Nemaura Medical 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 Nemaura Medical shares will generate the highest return on investment. By undertsting and applying Nemaura Medical otc stock market strength indicators, traders can identify Nemaura Medical entry and exit signals to maximize returns
Accumulation Distribution | 4244.85 | |||
Daily Balance Of Power | (0.32) | |||
Rate Of Daily Change | 0.96 | |||
Day Median Price | 4.11 | |||
Day Typical Price | 4.02 | |||
Price Action Indicator | (0.35) | |||
Period Momentum Indicator | (3.76) |
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 OTC 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.
Risk Adjusted Performance | (0.1) | |||
Jensen Alpha | (1.49) | |||
Total Risk Alpha | (3.71) | |||
Treynor Ratio | 0.9834 |
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Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in Nemaura OTC 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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