Imac Holdings Stock Price on October 25, 2024
| BACK Stock | USD 1.26 0.04 3.08% |
Below is the normalized historical share price chart for IMAC Holdings extending back to February 13, 2019. 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 IMAC Holdings stands at 1.26, as last reported on the 30th of December, with the highest price reaching 1.30 and the lowest price hitting 1.20 during the day.
If you're considering investing in IMAC Stock, it is important to understand the factors that can impact its price. IMAC Holdings appears to be somewhat reliable, given 3 months investment horizon. IMAC Holdings retains Efficiency (Sharpe Ratio) of 0.0816, which attests that the entity had a 0.0816% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for IMAC Holdings, which you can use to evaluate the volatility of the firm. Please utilize IMAC Holdings' Downside Deviation of 4.05, semi deviation of 3.66, and Market Risk Adjusted Performance of 0.3421 to validate if our risk estimates are consistent with your expectations.
At this time, IMAC Holdings' Common Stock Shares Outstanding is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 87.2 M this year, although the value of Other Stockholder Equity will most likely fall to about 27.7 M. . The value of Price To Sales Ratio is estimated to slide to 0.65. The value of Price Earnings Ratio is estimated to slide to -0.4. IMAC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of February 2019 | 200 Day MA 1.9522 | 50 Day MA 1.1711 | Beta 0.255 |
IMAC |
Sharpe Ratio = 0.0816
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BACK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.07 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average IMAC Holdings is performing at about 6% 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 IMAC Holdings by adding it to a well-diversified portfolio.
Price Book 0.5448 | Enterprise Value Ebitda (0.60) | Price Sales 94.427 | Shares Float 1.1 M | Wall Street Target Price 8.25 |
IMAC Holdings Main Headline on 25th of October 2024
Our viewpoint on IMAC Holdings and Neuropace by Macroaxis
Not all that glitters is gold, especially when it comes to evaluating stocks like IMAC Holdings. Trading under the ticker BACK on NASDAQ, this company operates in the healthcare sector, specifically within medical care facilities. Despite its promising industry, IMAC Holdings faces significant financial challenges. With an EBITDA loss of 1.7 million and a quarterly revenue growth decline of 59%, the financial health of the company raises concerns. The earnings per share stand at a troubling loss of 5.03, and the book value is negative at 1.08, indicating potential risks for investors. While the market capitalization is a modest 2.4 million, the stock's valuation hype value of 1.28 suggests that market sentiment might not align with its real value of 9.56. Investors should tread carefully, considering both the potential downsides and the strategic opportunities that may arise from its current market position. Many investors are enthusiastic about the healthcare equipment and supplies sector. Let's take a closer look at the fundamentals of IMAC Holdings and Neuropace to see how they stack up. We'll examine the competitive strengths of both companies to understand their positions in the market.
IMAC Holdings Valuation on October 25, 2024
It is possible to determine the worth of IMAC Holdings on a given historical date. On October 25, 2024 IMAC was worth 1.28 at the beginning of the trading date compared to the closed value of 1.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IMAC Holdings stock. Still, in general, we apply an absolute valuation method to find IMAC Holdings' 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 IMAC Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IMAC Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 1.33 | 1.38 | 1.24 | 1.28 | 28,888 | |
10/25/2024 | 1.28 | 1.39 | 1.25 | 1.27 | 23,715 |
| 1.30 | 1.37 | 1.20 | 1.22 | 32,407 |
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IMAC Holdings Trading Date Momentum on October 25, 2024
| On October 28 2024 IMAC Holdings was traded for 1.22 at the closing time. The top price for the day was 1.37 and the lowest listed price was 1.20 . The trading volume for the day was 32.4 K. The trading history from October 28, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.94% . The trading delta at closing time against the current closing price is 11.02% . |
IMAC Holdings Fundamentals Correlations and Trends
By evaluating IMAC Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IMAC Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IMAC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IMAC Holdings Stock history
IMAC Holdings 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 IMAC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IMAC Holdings 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 IMAC Holdings stock prices may prove useful in developing a viable investing in IMAC Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 M | 1.2 M | |
| Net Loss | -9.5 M | -10 M |
IMAC Holdings Stock Technical Analysis
IMAC Holdings 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
IMAC Holdings Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
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IMAC Holdings December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how IMAC Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IMAC Holdings shares will generate the highest return on investment. By undertsting and applying IMAC Holdings stock market strength indicators, traders can identify IMAC Holdings entry and exit signals to maximize returns
IMAC Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IMAC Holdings' price direction in advance. Along with the technical and fundamental analysis of IMAC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IMAC 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 | 0.0428 | |||
| Jensen Alpha | 0.1559 | |||
| Total Risk Alpha | 0.0541 | |||
| Sortino Ratio | 0.0358 | |||
| Treynor Ratio | 0.3321 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in IMAC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IMAC Holdings. If investors know IMAC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.81) | Revenue Per Share 7.719 | Quarterly Revenue Growth (0.59) | Return On Assets (0.38) | Return On Equity (3.32) |
The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.