Sanara Medtech Stock Price on September 30, 2023
| SMTI Stock | USD 35.91 0.71 1.94% |
Below is the normalized historical share price chart for Sanara Medtech extending back to February 15, 1991. 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 Sanara Medtech stands at 35.91, as last reported on the 11th of December 2024, with the highest price reaching 37.44 and the lowest price hitting 35.66 during the day.
If you're considering investing in Sanara Stock, it is important to understand the factors that can impact its price. Sanara Medtech is very steady at the moment. Sanara Medtech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0327, which indicates the firm had a 0.0327% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sanara Medtech, which you can use to evaluate the volatility of the company. Please validate Sanara Medtech's Semi Deviation of 2.57, risk adjusted performance of 0.0345, and Coefficient Of Variation of 2684.6 to confirm if the risk estimate we provide is consistent with the expected return of 0.0981%.
As of now, Sanara Medtech's Other Stockholder Equity is increasing as compared to previous years. The Sanara Medtech's current Stock Based Compensation is estimated to increase to about 3.6 M, while Common Stock is projected to decrease to 8,108. . As of now, Sanara Medtech's Price Fair Value is increasing as compared to previous years. Sanara Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of February 2011 | 200 Day MA 32.6337 | 50 Day MA 33.7926 | Beta 1.556 |
Sanara |
Sharpe Ratio = 0.0327
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Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Sanara Medtech is performing at about 2% 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 Sanara Medtech by adding it to a well-diversified portfolio.
Price Book 7.9054 | Enterprise Value Ebitda (29.03) | Price Sales 4.1009 | Shares Float 3.5 M | Wall Street Target Price 44 |
Sanara Medtech Valuation on September 30, 2023
It is possible to determine the worth of Sanara Medtech on a given historical date. On September 30, 2023 Sanara was worth 31.6 at the beginning of the trading date compared to the closed value of 31.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sanara Medtech stock. Still, in general, we apply an absolute valuation method to find Sanara Medtech'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 Sanara Medtech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sanara Medtech's related companies.
| Open | High | Low | Close | Volume | |
| 33.15 | 33.30 | 31.55 | 31.59 | 16,900 | |
09/29/2023 | 31.60 | 32.65 | 31.00 | 31.13 | 19,300 |
| 31.11 | 31.79 | 30.03 | 30.51 | 13,700 |
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Sanara Medtech Trading Date Momentum on September 30, 2023
| On October 02 2023 Sanara Medtech was traded for 30.51 at the closing time. The top price for the day was 31.79 and the lowest listed price was 30.03 . The trading volume for the day was 13.7 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.99% . The trading price change against the current closing price is 3.12% . |
Sanara Medtech Fundamentals Correlations and Trends
By evaluating Sanara Medtech'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 Sanara Medtech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sanara financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sanara Medtech Stock history
Sanara Medtech 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 Sanara is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sanara Medtech 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 Sanara Medtech stock prices may prove useful in developing a viable investing in Sanara Medtech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.3 M | 8.7 M | |
| Net Loss | -7.1 M | -6.8 M |
Sanara Medtech Quarterly Net Working Capital |
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Sanara Medtech Stock Technical Analysis
Sanara Medtech 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
Sanara Medtech Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Sanara Medtech 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.
Sanara Medtech December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sanara Medtech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sanara Medtech shares will generate the highest return on investment. By undertsting and applying Sanara Medtech stock market strength indicators, traders can identify Sanara Medtech entry and exit signals to maximize returns
Sanara Medtech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sanara Medtech's price direction in advance. Along with the technical and fundamental analysis of Sanara Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sanara 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 | 0.0345 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0724 |
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Complementary Tools for Sanara Stock analysis
When running Sanara Medtech's price analysis, check to measure Sanara Medtech'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 Sanara Medtech is operating at the current time. Most of Sanara Medtech's value examination focuses on studying past and present price action to predict the probability of Sanara Medtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanara Medtech's price. Additionally, you may evaluate how the addition of Sanara Medtech to your portfolios can decrease your overall portfolio volatility.
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