Healthcare (China) Price on November 30, 2023

603313 Stock   7.56  0.06  0.79%   
Below is the normalized historical share price chart for Healthcare Co extending back to October 13, 2016. 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 Healthcare stands at 7.56, as last reported on the 23rd of December, with the highest price reaching 7.74 and the lowest price hitting 7.54 during the day.
200 Day MA
7.4651
50 Day MA
7.0472
Beta
1.197
 
Covid
If you're considering investing in Healthcare Stock, it is important to understand the factors that can impact its price. Healthcare appears to be slightly risky, given 3 months investment horizon. Healthcare holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of standard deviation over the last 3 months. By evaluating Healthcare's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Healthcare's risk adjusted performance of 0.1379, and Market Risk Adjusted Performance of (15.19) to validate if our risk estimates are consistent with your expectations.
  
The current year's Total Stockholder Equity is expected to grow to about 4.1 B, whereas Common Stock is forecasted to decline to about 289 M. . Healthcare Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1579

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Estimated Market Risk

 3.24
  actual daily
28
72% of assets are more volatile

Expected Return

 0.51
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Healthcare is performing at about 12% 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 Healthcare by adding it to a well-diversified portfolio.
Price Book
1.1486
Enterprise Value Ebitda
282.8264
Price Sales
0.4919
Shares Float
351.5 M
Wall Street Target Price
5.3

Healthcare Valuation on November 30, 2023

It is possible to determine the worth of Healthcare on a given historical date. On November 30, 2023 Healthcare was worth 10.22 at the beginning of the trading date compared to the closed value of 10.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Healthcare stock. Still, in general, we apply an absolute valuation method to find Healthcare'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 Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Healthcare's related companies.
 Open High Low Close Volume
  10.40    10.45    10.16    10.21    2,966,780  
11/30/2023
  10.22    10.28    10.05    10.11    2,804,520  
  10.15    10.15    9.82    10.02    3,561,990  
Backtest Healthcare  |  Healthcare History  |  Healthcare Valuation PreviousNext  
Open Value
10.22
10.11
Closing Value
19.93
Upside

Healthcare Trading Date Momentum on November 30, 2023

On December 01 2023 Healthcare Co was traded for  10.02  at the closing time. The highest price during the trading period was 10.15  and the lowest recorded bid was listed for  9.82 . The volume for the day was 3.6 M. This history from December 1, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.89% . The trading delta at closing time to the current price is 4.55% .
JavaScript chart by amCharts 3.21.1511/30/2023Nov 20Nov 22Nov 24Nov 26Nov 28Nov 30DecDec 04Dec 06Dec 089.810.010.210.4

Healthcare Fundamentals Correlations and Trends

By evaluating Healthcare'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 Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Healthcare financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Healthcare Stock history

Healthcare 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 Healthcare is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Healthcare 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 Healthcare stock prices may prove useful in developing a viable investing in Healthcare
Last ReportedProjected for Next Year
Common Stock Shares Outstanding570.6 M451.7 M
Net Income Applicable To Common Shares37.2 M35.4 M

Healthcare Stock Technical Analysis

Healthcare 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.
A focus of Healthcare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Healthcare trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Healthcare Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Healthcare Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock 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.

Healthcare December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Healthcare shares will generate the highest return on investment. By undertsting and applying Healthcare stock market strength indicators, traders can identify Healthcare Co entry and exit signals to maximize returns

Healthcare Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Healthcare's price direction in advance. Along with the technical and fundamental analysis of Healthcare Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Healthcare 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.

Complementary Tools for Healthcare Stock analysis

When running Healthcare's price analysis, check to measure Healthcare'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 Healthcare is operating at the current time. Most of Healthcare's value examination focuses on studying past and present price action to predict the probability of Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare's price. Additionally, you may evaluate how the addition of Healthcare to your portfolios can decrease your overall portfolio volatility.
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