Ramsay Health (Australia) Price on September 26, 2024
| RHCPA Preferred Stock | 105.71 0.21 0.20% |
If you're considering investing in Ramsay Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ramsay Health stands at 105.71, as last reported on the 12th of December 2024, with the highest price reaching 105.71 and the lowest price hitting 105.50 during the day. At this point, Ramsay Health is very steady. Ramsay Health Care maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ramsay Health Care, which you can use to evaluate the volatility of the company. Please check Ramsay Health's Downside Deviation of 0.2219, risk adjusted performance of 0.1019, and Standard Deviation of 0.2229 to confirm if the risk estimate we provide is consistent with the expected return of 0.0386%.
Ramsay Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ramsay |
Sharpe Ratio = 0.1716
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| Negative Returns | RHCPA |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Ramsay Health is performing at about 13% 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 Ramsay Health by adding it to a well-diversified portfolio.
Ramsay Health Valuation on September 26, 2024
It is possible to determine the worth of Ramsay Health on a given historical date. On September 26, 2024 Ramsay was worth 104.0 at the beginning of the trading date compared to the closed value of 103.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ramsay Health preferred stock. Still, in general, we apply an absolute valuation method to find Ramsay 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 Ramsay Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ramsay Health's related companies.
| Open | High | Low | Close | Volume | |
| 103.60 | 103.79 | 103.60 | 103.70 | 2,807 | |
09/26/2024 | 104.00 | 104.00 | 103.26 | 103.79 | 6,410 |
| 103.74 | 104.34 | 103.60 | 104.19 | 3,373 |
| Backtest Ramsay Health | | | Ramsay Health History | | | Ramsay Health Valuation | Previous | Next |
Ramsay Health Trading Date Momentum on September 26, 2024
| On September 27 2024 Ramsay Health Care was traded for 104.19 at the closing time. The highest price during the trading period was 104.34 and the lowest recorded bid was listed for 103.60 . The volume for the day was 3.4 K. This history from September 27, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.39% . The trading delta at closing time to the current price is 0.20% . |
Ramsay Health Care Fundamentals Correlations and Trends
By evaluating Ramsay 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 Ramsay Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ramsay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ramsay Health Preferred Stock history
Ramsay 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 Ramsay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ramsay Health Care 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 Ramsay Health stock prices may prove useful in developing a viable investing in Ramsay Health
Ramsay Health Preferred Stock Technical Analysis
Ramsay Health technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Ramsay Health Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Ramsay Health Care cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Ramsay Health December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Ramsay Health preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ramsay Health shares will generate the highest return on investment. By undertsting and applying Ramsay Health preferred stock market strength indicators, traders can identify Ramsay Health Care entry and exit signals to maximize returns
Ramsay Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ramsay Health's price direction in advance. Along with the technical and fundamental analysis of Ramsay Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ramsay 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 | 0.1019 | |||
| Jensen Alpha | 0.027 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.39) | |||
| Treynor Ratio | 2.42 |
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Complementary Tools for Ramsay Preferred Stock analysis
When running Ramsay Health's price analysis, check to measure Ramsay 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 Ramsay Health is operating at the current time. Most of Ramsay Health's value examination focuses on studying past and present price action to predict the probability of Ramsay 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 Ramsay Health's price. Additionally, you may evaluate how the addition of Ramsay Health to your portfolios can decrease your overall portfolio volatility.
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