GUARDANT HEALTH (Germany) Price on August 20, 2024
| 5GH Stock | EUR 33.18 0.02 0.06% |
If you're considering investing in GUARDANT Stock, it is important to understand the factors that can impact its price. As of today, the current price of GUARDANT HEALTH stands at 33.18, as last reported on the 3rd of December, with the highest price reaching 33.18 and the lowest price hitting 33.18 during the day. GUARDANT HEALTH appears to be not too volatile, given 3 months investment horizon. GUARDANT HEALTH CL retains Efficiency (Sharpe Ratio) of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. By reviewing GUARDANT HEALTH's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize GUARDANT HEALTH's Market Risk Adjusted Performance of 0.8837, coefficient of variation of 672.22, and Semi Deviation of 2.4 to validate if our risk estimates are consistent with your expectations.
GUARDANT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GUARDANT |
Sharpe Ratio = 0.1737
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Estimated Market Risk
| 4.16 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average GUARDANT 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 GUARDANT HEALTH by adding it to a well-diversified portfolio.
GUARDANT HEALTH Valuation on August 20, 2024
It is possible to determine the worth of GUARDANT HEALTH on a given historical date. On August 20, 2024 GUARDANT was worth 25.5 at the beginning of the trading date compared to the closed value of 25.5. 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 | |
| 25.16 | 25.16 | 25.16 | 25.16 | 319.00 | |
08/20/2024 | 25.50 | 25.50 | 25.50 | 25.50 | 319.00 |
| 24.79 | 24.79 | 24.79 | 24.79 | 319.00 |
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GUARDANT HEALTH Trading Date Momentum on August 20, 2024
| On August 21 2024 GUARDANT HEALTH CL was traded for 24.79 at the closing time. The highest daily price throughout the period was 24.79 and the lowest price was 24.79 . The daily volume was 319. The net trading volume on 08/21/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 2.78% . The overall trading delta to current closing price is 8.59% . |
GUARDANT HEALTH CL 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 CL 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
Guardant Health, Inc., a precision oncology company, provides blood tests, data sets, and analytics in the United States and internationally. Guardant Health, Inc. was incorporated in 2011 and is headquartered in Redwood City, California. GUARDANT HEALTH operates under Diagnostics Research classification in Germany and is traded on Frankfurt Stock Exchange. It employs 864 people.
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.
Price Boundaries
GUARDANT HEALTH Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
GUARDANT HEALTH CL cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
GUARDANT HEALTH December 3, 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 CL 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.
| Risk Adjusted Performance | 0.1218 | |||
| Jensen Alpha | 0.5283 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1727 | |||
| Treynor Ratio | 0.8737 |
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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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