Modular Medical Stock Price History

MODD Stock  USD 1.61  0.04  2.55%   
Below is the normalized historical share price chart for Modular Medical extending back to September 12, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Modular Medical stands at 1.61, as last reported on the 6th of June, with the highest price reaching 1.63 and the lowest price hitting 1.55 during the day.
IPO Date
25th of January 2007
200 Day MA
1.5013
50 Day MA
1.6528
Beta
(3.53)
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Modular Stock, it is important to understand the factors that can impact its price. Modular Medical has Sharpe Ratio of -0.0333, which conveys that the firm had a -0.0333% return per unit of risk over the last 3 months. Modular Medical exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Modular Medical's Risk Adjusted Performance of (0.02), mean deviation of 3.04, and Standard Deviation of 4.19 to check out the risk estimate we provide.
  
At present, Modular Medical's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 64.6 M, whereas Stock Based Compensation is forecasted to decline to about 2 M. . At present, Modular Medical's Price Earnings To Growth Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.94, whereas Price To Operating Cash Flows Ratio is forecasted to decline to (1.35). Modular Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0333

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Estimated Market Risk

 4.26
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Modular 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 Modular Medical by adding Modular Medical to a well-diversified portfolio.
Price Book
12.6539
Book Value
0.181
Enterprise Value
34.4 M
Enterprise Value Ebitda
(2.91)
Shares Float
15.9 M

Modular Medical Stock Price History Chart

There are several ways to analyze Modular Stock price data. The simplest method is using a basic Modular candlestick price chart, which shows Modular Medical price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 18, 20242.06
Lowest PriceApril 25, 20241.5

Modular Medical June 6, 2024 Stock Price Synopsis

Various analyses of Modular Medical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Modular Stock. It can be used to describe the percentage change in the price of Modular Medical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Modular Stock.
Modular Medical Price Daily Balance Of Power 0.50 
Modular Medical Price Rate Of Daily Change 1.03 
Modular Medical Price Action Indicator 0.04 

Modular Medical June 6, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Modular Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Modular Medical intraday prices and daily technical indicators to check the level of noise trading in Modular Stock and then apply it to test your longer-term investment strategies against Modular.

Modular Stock Price History Data

The price series of Modular Medical for the period between Fri, Mar 8, 2024 and Thu, Jun 6, 2024 has a statistical range of 0.56 with a coefficient of variation of 8.84. The daily prices for the period are spread out with arithmetic mean of 1.71. The median price for the last 90 days is 1.7. The company underwent 1:3 stock split on 29th of November 2021.
OpenHighLowCloseVolume
06/06/2024
 1.55  1.63  1.55  1.61 
06/05/2024 1.55  1.63  1.55  1.61  14,940 
06/04/2024 1.67  1.67  1.54  1.57  36,703 
06/03/2024 1.74  1.74  1.55  1.57  17,365 
05/31/2024 1.58  1.67  1.58  1.63  48,495 
05/30/2024 1.60  1.60  1.55  1.58  7,357 
05/29/2024 1.54  1.61  1.54  1.55  64,608 
05/28/2024 1.60  1.60  1.56  1.58  12,907 
05/24/2024 1.60  1.60  1.51  1.59  18,457 
05/23/2024 1.60  1.60  1.53  1.54  47,128 
05/22/2024 1.65  1.81  1.55  1.56  95,462 
05/21/2024 1.69  1.71  1.66  1.66  16,927 
05/20/2024 1.80  1.80  1.68  1.71  88,819 
05/17/2024 1.73  1.81  1.73  1.77  6,658 
05/16/2024 1.84  1.84  1.75  1.75  16,115 
05/15/2024 1.84  1.85  1.75  1.78  21,332 
05/14/2024 1.84  1.85  1.72  1.78  77,203 
05/13/2024 1.71  1.85  1.71  1.84  30,504 
05/10/2024 1.71  1.84  1.65  1.72  62,247 
05/09/2024 1.68  1.73  1.60  1.69  45,655 
05/08/2024 1.69  1.78  1.69  1.71  15,874 
05/07/2024 1.74  1.76  1.70  1.70  25,946 
05/06/2024 1.62  1.83  1.61  1.74  56,659 
05/03/2024 1.62  1.64  1.61  1.61  31,935 
05/02/2024 1.61  1.62  1.53  1.60  32,616 
05/01/2024 1.54  1.58  1.50  1.55  22,445 
04/30/2024 1.63  1.63  1.55  1.57  37,225 
04/29/2024 1.61  1.65  1.53  1.62  71,050 
04/26/2024 1.50  1.58  1.50  1.58  10,057 
04/25/2024 1.57  1.57  1.50  1.50  51,743 
04/24/2024 1.75  1.75  1.55  1.58  36,176 
04/23/2024 1.57  1.61  1.56  1.57  75,136 
04/22/2024 1.62  1.63  1.60  1.60  24,360 
04/19/2024 1.73  1.74  1.62  1.63  21,931 
04/18/2024 1.70  1.74  1.66  1.70  39,438 
04/17/2024 1.55  1.70  1.55  1.70  74,754 
04/16/2024 1.56  1.57  1.52  1.55  85,737 
04/15/2024 1.55  1.57  1.51  1.57  97,046 
04/12/2024 1.57  1.57  1.51  1.57  126,357 
04/11/2024 1.59  1.59  1.50  1.55  198,442 
04/10/2024 1.51  1.59  1.51  1.55  212,107 
04/09/2024 1.61  1.61  1.46  1.55  202,228 
04/08/2024 1.58  1.67  1.49  1.52  247,758 
04/05/2024 1.68  1.84  1.55  1.59  223,185 
04/04/2024 1.90  1.90  1.61  1.66  198,411 
04/03/2024 1.72  1.94  1.70  1.82  103,244 
04/02/2024 1.77  1.80  1.69  1.73  122,306 
04/01/2024 1.86  1.92  1.79  1.81  36,280 
03/28/2024 1.94  1.99  1.84  1.85  145,201 
03/27/2024 1.93  1.99  1.89  1.95  105,741 
03/26/2024 2.00  2.05  1.86  1.94  120,247 
03/25/2024 1.95  2.02  1.85  1.98  105,722 
03/22/2024 1.88  1.95  1.82  1.95  73,253 
03/21/2024 1.95  1.97  1.86  1.90  62,976 
03/20/2024 1.94  2.09  1.93  1.95  71,375 
03/19/2024 2.03  2.06  1.94  1.99  171,367 
03/18/2024 1.98  2.06  1.89  2.06  312,205 
03/15/2024 1.76  1.84  1.62  1.83  169,280 
03/14/2024 1.91  1.96  1.65  1.81  231,108 
03/13/2024 1.85  2.13  1.76  1.96  311,612 
03/12/2024 1.73  1.78  1.69  1.73  71,287 

About Modular Medical Stock history

Modular 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 Modular is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Modular 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 Modular Medical stock prices may prove useful in developing a viable investing in Modular Medical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.5 M13.1 M
Net Loss-12.5 M-11.9 M

Modular Medical Stock Technical Analysis

Modular 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, stock market cycles, or different charting patterns.
A focus of Modular Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Modular 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...

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Modular Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Modular Medical's price direction in advance. Along with the technical and fundamental analysis of Modular Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Modular 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.

Complementary Tools for Modular Stock analysis

When running Modular Medical's price analysis, check to measure Modular Medical'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 Modular Medical is operating at the current time. Most of Modular Medical's value examination focuses on studying past and present price action to predict the probability of Modular Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modular Medical's price. Additionally, you may evaluate how the addition of Modular Medical to your portfolios can decrease your overall portfolio volatility.
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