Modular Medical Stock Forecast - Day Median Price
| MODD Stock | USD 1.58 0.08 5.33% |
Modular Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Modular Medical stock prices and determine the direction of Modular Medical's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Modular Medical's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Modular Medical's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Modular Medical's systematic risk associated with finding meaningful patterns of Modular Medical fundamentals over time.
Check out Historical Fundamental Analysis of Modular Medical to cross-verify your projections. Modular |
Most investors in Modular Medical cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Modular Medical's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Modular Medical's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 1.54 | 1.54 |
| Check Modular Medical Volatility | Backtest Modular Medical | Information Ratio |
Modular Medical Trading Date Momentum
| On April 28 2024 Modular Medical was traded for 1.58 at the closing time. The top price for the day was 1.58 and the lowest listed price was 1.50 . There was no trading activity during the period 0.0. Lack of trading volume on April 28, 2024 did not cause price change. The trading delta at closing time against the current closing price is 5.06% . |
The median price is the midpoint of the trading periods range.
| Compare Modular Medical to competition |
Other Forecasting Options for Modular Medical
For every potential investor in Modular, whether a beginner or expert, Modular Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Modular Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Modular. Basic forecasting techniques help filter out the noise by identifying Modular Medical's price trends.View Modular Medical Related Equities
| Risk & Return | Correlation |
Modular Medical Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Modular Medical's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Modular Medical's current price.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Volume Indicators |
Modular Medical Market Strength Events
Market strength indicators help investors to evaluate how Modular 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 Modular Medical shares will generate the highest return on investment. By undertsting and applying Modular Medical stock market strength indicators, traders can identify Modular Medical entry and exit signals to maximize returns.
Modular Medical Risk Indicators
The analysis of Modular Medical's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Modular Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting modular stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.39 | |||
| Standard Deviation | 7.1 | |||
| Variance | 50.47 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Modular Medical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Modular Medical's short interest history, or implied volatility extrapolated from Modular Medical options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Modular Medical to cross-verify your projections. For information on how to trade Modular Stock refer to our How to Trade Modular Stock guide.Note that the Modular Medical information on this page should be used as a complementary analysis to other Modular Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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Is Modular Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Modular Medical. If investors know Modular will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Modular Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.06) | Return On Assets (1.40) | Return On Equity (2.82) |
The market value of Modular Medical is measured differently than its book value, which is the value of Modular that is recorded on the company's balance sheet. Investors also form their own opinion of Modular Medical's value that differs from its market value or its book value, called intrinsic value, which is Modular Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Modular Medical's market value can be influenced by many factors that don't directly affect Modular Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Modular Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modular Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modular Medical'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.