Medigene Ag Stock Technical Analysis
| MDGEFDelisted Stock | USD 2.59 0.00 0.00% |
As of the 25th of November, Medigene secures the Mean Deviation of 3.5, standard deviation of 13.98, and Risk Adjusted Performance of 0.0648. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Medigene AG, as well as the relationship between them. Please verify Medigene AG mean deviation, variance, as well as the relationship between the Variance and maximum drawdown to decide if Medigene AG is priced some-what accurately, providing market reflects its recent price of 2.59 per share. Please also check out Medigene information ratio, which is currently at 0.0627 to check the company can sustain itself at a future point.
Medigene Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Medigene, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MedigeneMedigene |
Medigene technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Medigene AG Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Medigene AG Trend Analysis
Use this graph to draw trend lines for Medigene AG. You can use it to identify possible trend reversals for Medigene as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Medigene price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Medigene Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Medigene AG applied against its price change over selected period. The best fit line has a slop of 0.0099 , which may suggest that Medigene AG market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.71, which is the sum of squared deviations for the predicted Medigene price change compared to its average price change.About Medigene Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Medigene AG on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Medigene AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Medigene AG price pattern first instead of the macroeconomic environment surrounding Medigene AG. By analyzing Medigene's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Medigene's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Medigene specific price patterns or momentum indicators. Please read more on our technical analysis page.
Medigene November 25, 2024 Technical Indicators
Most technical analysis of Medigene help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Medigene from various momentum indicators to cycle indicators. When you analyze Medigene charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0648 | |||
| Market Risk Adjusted Performance | (2.78) | |||
| Mean Deviation | 3.5 | |||
| Coefficient Of Variation | 1386.9 | |||
| Standard Deviation | 13.98 | |||
| Variance | 195.39 | |||
| Information Ratio | 0.0627 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | (1.20) | |||
| Treynor Ratio | (2.79) | |||
| Maximum Drawdown | 99.23 | |||
| Skewness | 4.72 | |||
| Kurtosis | 41.24 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Medigene Pink Sheet
If you are still planning to invest in Medigene AG 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 Medigene's history and understand the potential risks before investing.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |