Financial data analysis helps to confirm if markets are presently mispricing Sonic Healthcare. We were able to break down and interpolate twenty-nine available drivers for Sonic Healthcare, which can be compared to its competition. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Sonic Healthcare to be traded at 27.87 in 90 days. Key indicators impacting Sonic Healthcare's financial strength include:
Please note, the imprecision that can be found in Sonic Healthcare's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sonic Healthcare. Check Sonic Healthcare's Beneish M Score to see the likelihood of Sonic Healthcare's management manipulating its earnings.
Sonic Healthcare Stock Summary
Sonic Healthcare competes with CSL, Tamawood, Cochlear, Rea, and Block. Sonic Healthcare is entity of Australia. It is traded as Stock on AU exchange.
You should never invest in Sonic Healthcare without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sonic Stock, because this is throwing your money away. Analyzing the key information contained in Sonic Healthcare's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Sonic Healthcare Key Financial Ratios
Sonic Healthcare's financial ratios allow both analysts and investors to convert raw data from Sonic Healthcare's financial statements into concise, actionable information that can be used to evaluate the performance of Sonic Healthcare over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Sonic Healthcare's current stock value. Our valuation model uses many indicators to compare Sonic Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sonic Healthcare competition to find correlations between indicators driving Sonic Healthcare's intrinsic value. More Info.
Sonic Healthcare is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.57 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sonic Healthcare is roughly 1.75 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sonic Healthcare's earnings, one of the primary drivers of an investment's value.
Sonic Healthcare Systematic Risk
Sonic Healthcare's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sonic Healthcare volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Sonic Healthcare correlated with the market. If Beta is less than 0 Sonic Healthcare generally moves in the opposite direction as compared to the market. If Sonic Healthcare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sonic Healthcare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sonic Healthcare is generally in the same direction as the market. If Beta > 1 Sonic Healthcare moves generally in the same direction as, but more than the movement of the benchmark.
Sonic Healthcare Total Assets Over Time
Sonic Healthcare Thematic Clasifications
Sonic Healthcare is part of Health Management investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Healthcare providers, hospitals. Major hospitals and healthcare providers
This theme covers Healthcare providers, hospitals. Major hospitals and healthcare providers. Get More Thematic Ideas
Sonic Healthcare December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sonic Healthcare help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sonic Healthcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sonic Healthcare based on widely used predictive technical indicators. In general, we focus on analyzing Sonic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sonic Healthcare's daily price indicators and compare them against related drivers.
When running Sonic Healthcare's price analysis, check to measure Sonic Healthcare'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 Sonic Healthcare is operating at the current time. Most of Sonic Healthcare's value examination focuses on studying past and present price action to predict the probability of Sonic Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonic Healthcare's price. Additionally, you may evaluate how the addition of Sonic Healthcare to your portfolios can decrease your overall portfolio volatility.