Scoutcam Stock Price on March 26, 2024

SCTC Stock  USD 6.04  0.00  0.00%   
If you're considering investing in ScoutCam OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of ScoutCam stands at 6.04, as last reported on the 2nd of May, with the highest price reaching 6.04 and the lowest price hitting 6.04 during the day. ScoutCam is very risky given 3 months investment horizon. ScoutCam owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.85% are justified by taking the suggested risk. Use ScoutCam Risk Adjusted Performance of 0.1061, semi deviation of 4.61, and Coefficient Of Variation of 662.81 to evaluate company specific risk that cannot be diversified away.
  
ScoutCam OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1702

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Estimated Market Risk

 10.9
  actual daily
96
96% of assets are less volatile

Expected Return

 1.85
  actual daily
36
64% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average ScoutCam is performing at about 13% 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 ScoutCam by adding it to a well-diversified portfolio.

ScoutCam Valuation on March 26, 2024

It is possible to determine the worth of ScoutCam on a given historical date. On March 26, 2024 ScoutCam was worth 8.0 at the beginning of the trading date compared to the closed value of 8.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ScoutCam otc stock. Still, in general, we apply an absolute valuation method to find ScoutCam'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 ScoutCam where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ScoutCam's related companies.
 Open High Low Close Volume
  7.90    8.80    7.90    8.10    3,714  
03/26/2024
  8.00    8.00    7.50    8.00    2,250  
  8.00    8.02    7.00    7.50    2,455  
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Open Value
8.0
8.0
Closing Value
40.69
Upside

ScoutCam Trading Date Momentum on March 26, 2024

On March 27 2024 ScoutCam was traded for  7.50  at the closing time. The top price for the day was 8.02  and the lowest listed price was  7.00 . The trading volume for the day was 2.5 K. The trading history from March 27, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 6.25% . The trading price change against the current closing price is 5.63% .

ScoutCam Fundamentals Correlations and Trends

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

About ScoutCam OTC Stock history

ScoutCam 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 ScoutCam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ScoutCam 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 ScoutCam stock prices may prove useful in developing a viable investing in ScoutCam
ScoutCam Inc. develops, manufactures, and markets visual solutions composed of imaging equipment, cloud and software-based image processing, and algorithm methodologies in Israel, the United States, the United Kingdom, and internationally. The company was founded in 2019 and is based in Omer, Israel. Scoutcam operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 35 people.

ScoutCam OTC Stock Technical Analysis

ScoutCam 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.
A focus of ScoutCam technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ScoutCam 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

ScoutCam Period Price Range

Low
March 26, 2024
0.00  0.00%
High

 8.00 

     

 8.00 

ScoutCam May 2, 2024 Market Strength

Market strength indicators help investors to evaluate how ScoutCam 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 ScoutCam shares will generate the highest return on investment. By undertsting and applying ScoutCam otc stock market strength indicators, traders can identify ScoutCam entry and exit signals to maximize returns

ScoutCam Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ScoutCam's price direction in advance. Along with the technical and fundamental analysis of ScoutCam OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ScoutCam 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 World Market Map to better understand how to build diversified portfolios, which includes a position in ScoutCam. 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 estimate.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running ScoutCam's price analysis, check to measure ScoutCam'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 ScoutCam is operating at the current time. Most of ScoutCam's value examination focuses on studying past and present price action to predict the probability of ScoutCam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ScoutCam's price. Additionally, you may evaluate how the addition of ScoutCam to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ScoutCam's value and its price as these two are different measures arrived at by different means. Investors typically determine if ScoutCam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ScoutCam's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.