Healthcare (China) Price on October 15, 2024
| 603313 Stock | 7.39 0.27 3.79% |
Below is the normalized historical share price chart for Healthcare Co extending back to October 13, 2016. 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 Healthcare stands at 7.39, as last reported on the 1st of December, with the highest price reaching 7.54 and the lowest price hitting 7.12 during the day.
If you're considering investing in Healthcare Stock, it is important to understand the factors that can impact its price. Healthcare appears to be slightly risky, given 3 months investment horizon. Healthcare holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Healthcare, which you can use to evaluate the volatility of the firm. Please utilize Healthcare's market risk adjusted performance of 15.07, and Risk Adjusted Performance of 0.0952 to validate if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 4.1 B, whereas Common Stock is forecasted to decline to about 289 M. . Healthcare Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.5808 | 50 Day MA 6.6118 | Beta 1.197 |
Healthcare |
Sharpe Ratio = 0.138
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603313 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Healthcare is performing at about 10% 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 Healthcare by adding it to a well-diversified portfolio.
Price Book 1.1227 | Enterprise Value Ebitda 279.0564 | Price Sales 0.5028 | Shares Float 351.5 M | Wall Street Target Price 5.3 |
Healthcare Valuation on October 15, 2024
It is possible to determine the worth of Healthcare on a given historical date. On October 15, 2024 Healthcare was worth 6.6 at the beginning of the trading date compared to the closed value of 6.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Healthcare stock. Still, in general, we apply an absolute valuation method to find Healthcare'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 Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 6.46 | 6.68 | 6.37 | 6.60 | 8,007,284 | |
10/15/2024 | 6.60 | 6.60 | 6.37 | 6.37 | 7,329,030 |
| 6.33 | 6.52 | 6.30 | 6.42 | 7,283,342 |
| Backtest Healthcare | | | Healthcare History | | | Healthcare Valuation | Previous | Next |
Healthcare Trading Date Momentum on October 15, 2024
| On October 16 2024 Healthcare Co was traded for 6.42 at the closing time. The highest price during the trading period was 6.52 and the lowest recorded bid was listed for 6.30 . The volume for the day was 7.3 M. This history from October 16, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.78% . The trading delta at closing time to the current price is 4.87% . |
Healthcare Fundamentals Correlations and Trends
By evaluating Healthcare'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 Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Healthcare financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Healthcare Stock history
Healthcare 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 Healthcare is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Healthcare 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 Healthcare stock prices may prove useful in developing a viable investing in Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 570.6 M | 451.7 M | |
| Net Income Applicable To Common Shares | 37.2 M | 35.4 M |
Healthcare Stock Technical Analysis
Healthcare 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.
Price Boundaries
Healthcare Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Healthcare Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Healthcare December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Healthcare shares will generate the highest return on investment. By undertsting and applying Healthcare stock market strength indicators, traders can identify Healthcare Co entry and exit signals to maximize returns
Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Healthcare's price direction in advance. Along with the technical and fundamental analysis of Healthcare Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Healthcare 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.
| Risk Adjusted Performance | 0.0952 | |||
| Jensen Alpha | 0.3494 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0795 | |||
| Treynor Ratio | 15.06 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Healthcare Stock analysis
When running Healthcare's price analysis, check to measure 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 Healthcare is operating at the current time. Most of Healthcare's value examination focuses on studying past and present price action to predict the probability of 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 Healthcare's price. Additionally, you may evaluate how the addition of Healthcare to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |