Surgery Partners Stock Price on December 16, 2024
SGRY Stock | USD 20.94 0.43 2.01% |
If you're considering investing in Surgery Stock, it is important to understand the factors that can impact its price. As of today, the current price of Surgery Partners stands at 20.94, as last reported on the 30th of December, with the highest price reaching 21.53 and the lowest price hitting 20.73 during the day. Surgery Partners owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Surgery Partners exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Surgery Partners' Risk Adjusted Performance of (0.14), coefficient of variation of (525.20), and Variance of 11.23 to confirm the risk estimate we provide.
Surgery Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Surgery |
Sharpe Ratio = -0.1904
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Estimated Market Risk
3.35 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Surgery Partners is not performing at its full potential. However, 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 Surgery Partners by adding Surgery Partners to a well-diversified portfolio.
Surgery Partners Valuation on December 16, 2024
It is possible to determine the worth of Surgery Partners on a given historical date. On December 16, 2024 Surgery was worth 20.68 at the beginning of the trading date compared to the closed value of 21.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Surgery Partners stock. Still, in general, we apply an absolute valuation method to find Surgery Partners' 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 Surgery Partners where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Surgery Partners' related companies.
Open | High | Low | Close | Volume | |
20.18 | 20.50 | 19.90 | 20.36 | 2,573,112 | |
12/16/2024 | 20.68 | 22.35 | 20.04 | 21.60 | 2,020,801 |
21.54 | 21.88 | 20.82 | 21.03 | 1,438,643 |
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Surgery Partners Trading Date Momentum on December 16, 2024
On December 17 2024 Surgery Partners was traded for 21.03 at the closing time. The top price for the day was 21.88 and the lowest listed price was 20.82 . The trading volume for the day was 1.4 M. The trading history from December 17, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.64% . The trading price change against the current closing price is 2.31% . |
Surgery Partners Fundamentals Correlations and Trends
By evaluating Surgery Partners' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Surgery Partners' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Surgery financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Surgery Partners Stock history
Surgery Partners 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 Surgery is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Surgery Partners 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 Surgery Partners stock prices may prove useful in developing a viable investing in Surgery Partners
Surgery Partners, Inc., through its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. Surgery Partners, Inc. was founded in 2004 and is headquartered in Brentwood, Tennessee. Surgery Partners operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 8300 people.
Surgery Partners Stock Technical Analysis
Surgery Partners 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
Surgery Partners Period Price Range
Low | December 30, 2024
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0.00 | 0.00 |
Surgery Partners cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Surgery Partners December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Surgery Partners stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Surgery Partners shares will generate the highest return on investment. By undertsting and applying Surgery Partners stock market strength indicators, traders can identify Surgery Partners entry and exit signals to maximize returns
Surgery Partners Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Surgery Partners' price direction in advance. Along with the technical and fundamental analysis of Surgery Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Surgery 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 | (0.14) | |||
Jensen Alpha | (0.68) | |||
Total Risk Alpha | (0.74) | |||
Treynor Ratio | (0.48) |
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Additional Tools for Surgery Stock Analysis
When running Surgery Partners' price analysis, check to measure Surgery Partners' 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 Surgery Partners is operating at the current time. Most of Surgery Partners' value examination focuses on studying past and present price action to predict the probability of Surgery Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surgery Partners' price. Additionally, you may evaluate how the addition of Surgery Partners to your portfolios can decrease your overall portfolio volatility.