Guardant Health Stock Price on June 24, 2024

GH Stock  USD 31.67  0.54  1.73%   
Below is the normalized historical share price chart for Guardant Health extending back to October 04, 2018. 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 Guardant Health stands at 31.67, as last reported on the 23rd of December, with the highest price reaching 32.22 and the lowest price hitting 30.49 during the day.
IPO Date
4th of October 2018
200 Day MA
25.8328
50 Day MA
28.8514
Beta
1.106
 
Covid
If you're considering investing in Guardant Stock, it is important to understand the factors that can impact its price. Guardant Health appears to be very steady, given 3 months investment horizon. Guardant Health holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of standard deviation over the last 3 months. By evaluating Guardant Health's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Guardant Health's market risk adjusted performance of 0.1798, and Risk Adjusted Performance of 0.0928 to validate if our risk estimates are consistent with your expectations.
  
As of now, Guardant Health's Sale Purchase Of Stock is decreasing as compared to previous years. The Guardant Health's current Issuance Of Capital Stock is estimated to increase to about 517.8 M, while Total Stockholder Equity is projected to decrease to under 150.7 M. . The Guardant Health's current Price Earnings To Growth Ratio is estimated to increase to 0.20, while Price To Sales Ratio is projected to decrease to 5.10. Guardant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1622

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Estimated Market Risk

 3.68
  actual daily
32
68% of assets are more volatile

Expected Return

 0.6
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Guardant Health is performing at about 12% 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 Guardant Health by adding it to a well-diversified portfolio.
Price Book
55.6696
Enterprise Value Ebitda
(5.40)
Price Sales
5.6525
Shares Float
111.3 M
Wall Street Target Price
43.2

Related Headline

Definitive Healthcare Headline on 24th of June 2024

Insider Trading
by Coop Kevin
Filed transaction by Definitive Healthcare Corp Executive. Insider Public Trading

Guardant Health Valuation on June 24, 2024

It is possible to determine the worth of Guardant Health on a given historical date. On June 24, 2024 Guardant was worth 29.57 at the beginning of the trading date compared to the closed value of 29.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guardant Health stock. Still, in general, we apply an absolute valuation method to find Guardant Health'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 Guardant Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guardant Health's related companies.
 Open High Low Close Volume
  29.55    30.17    29.47    29.56    2,454,496  
06/24/2024
  29.57    30.31    28.67    29.09    1,190,581  
  29.06    30.00    28.74    29.48    1,044,425  
Backtest Guardant Health  |  Guardant Health History  |  Guardant Health Valuation   PreviousNext  
Open Value
29.57
29.09
Closing Value
40.60
Upside

Guardant Health Trading Date Momentum on June 24, 2024

On June 25 2024 Guardant Health was traded for  29.48  at the closing time. The highest price during the trading period was 30.00  and the lowest recorded bid was listed for  28.74 . The volume for the day was 1 M. This history from June 25, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.34% . The overall trading delta to the current price is 3.30% .

Guardant Health Fundamentals Correlations and Trends

By evaluating Guardant Health'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 Guardant Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guardant financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Guardant Health Stock history

Guardant Health 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 Guardant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guardant Health 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 Guardant Health stock prices may prove useful in developing a viable investing in Guardant Health
Last ReportedProjected for Next Year
Common Stock Shares Outstanding112 M92.9 M
Net Loss-589.1 M-559.7 M

Guardant Health Quarterly Net Working Capital

1.03 Billion

Guardant Health Stock Technical Analysis

Guardant Health 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 Guardant Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Guardant Health 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...

Price Boundaries

Guardant Health Period Price Range

Low
December 23, 2024
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Guardant Health December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Guardant Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guardant Health shares will generate the highest return on investment. By undertsting and applying Guardant Health stock market strength indicators, traders can identify Guardant Health entry and exit signals to maximize returns

Guardant Health Technical and Predictive Indicators

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

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