ADVOCATE HEALTH HOSPS Price on November 22, 2024
| 007589AB0 | 86.98 1.99 2.24% |
If you're considering investing in ADVOCATE Bond, it is important to understand the factors that can impact its price. As of today, the current price of ADVOCATE stands at 86.98, as last reported on the 4th of December, with the highest price reaching 86.98 and the lowest price hitting 86.98 during the day. ADVOCATE HEALTH HOSPS secures Sharpe Ratio (or Efficiency) of -0.0556, which signifies that the bond had a -0.0556% return per unit of volatility over the last 3 months. ADVOCATE HEALTH HOSPS exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ADVOCATE's risk adjusted performance of 0.0235, and Mean Deviation of 1.39 to double-check the risk estimate we provide.
ADVOCATE Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
ADVOCATE |
Sharpe Ratio = -0.0556
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| Negative Returns | 007589AB0 |
Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ADVOCATE 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 ADVOCATE by adding ADVOCATE to a well-diversified portfolio.
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ADVOCATE Valuation on November 22, 2024
It is possible to determine the worth of ADVOCATE on a given historical date. On November 22, 2024 ADVOCATE was worth 85.98 at the beginning of the trading date compared to the closed value of 85.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ADVOCATE bond. Still, in general, we apply an absolute valuation method to find ADVOCATE'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 ADVOCATE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ADVOCATE's related companies.
| Open | High | Low | Close | Volume | |
| 85.23 | 85.23 | 85.23 | 85.23 | 1.00 | |
11/22/2024 | 85.98 | 85.98 | 85.98 | 85.98 | 1.00 |
| 86.15 | 86.15 | 86.15 | 86.15 | 1.00 |
| Backtest ADVOCATE | | | ADVOCATE History | | | ADVOCATE Valuation | Previous | Next |
ADVOCATE Trading Date Momentum on November 22, 2024
| On November 26 2024 ADVOCATE HEALTH HOSPS was traded for 86.15 at the closing time. The highest price during the trading period was 86.15 and the lowest recorded bid was listed for 86.15 . There was no trading activity during the period 1.0. Lack of trading volume on November 26, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.20% . The overall trading delta to the current price is 3.48% . |
About ADVOCATE Bond history
ADVOCATE 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 ADVOCATE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ADVOCATE HEALTH HOSPS 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 ADVOCATE stock prices may prove useful in developing a viable investing in ADVOCATE
ADVOCATE Bond Technical Analysis
ADVOCATE technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
ADVOCATE Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
ADVOCATE HEALTH HOSPS cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
ADVOCATE December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how ADVOCATE bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ADVOCATE shares will generate the highest return on investment. By undertsting and applying ADVOCATE bond market strength indicators, traders can identify ADVOCATE HEALTH HOSPS entry and exit signals to maximize returns
ADVOCATE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ADVOCATE's price direction in advance. Along with the technical and fundamental analysis of ADVOCATE Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of ADVOCATE 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 | 0.0235 | |||
| Jensen Alpha | 0.0337 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 2.18 |
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Other Information on Investing in ADVOCATE Bond
ADVOCATE financial ratios help investors to determine whether ADVOCATE Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ADVOCATE with respect to the benefits of owning ADVOCATE security.