Community Health Systems Stock Price on October 16, 2024

CYH Stock  USD 3.07  0.08  2.68%   
If you're considering investing in Community Stock, it is important to understand the factors that can impact its price. As of today, the current price of Community Health stands at 3.07, as last reported on the 6th of January, with the highest price reaching 3.10 and the lowest price hitting 2.97 during the day. Community Health Systems secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Community Health Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Community Health's Risk Adjusted Performance of (0.14), standard deviation of 4.09, and Mean Deviation of 2.65 to double-check the risk estimate we provide.
  
Community Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1872

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Estimated Market Risk

 4.09
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.76
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Community Health 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 Community Health by adding Community Health to a well-diversified portfolio.

Community Health Valuation on October 16, 2024

It is possible to determine the worth of Community Health on a given historical date. On October 16, 2024 Community was worth 5.73 at the beginning of the trading date compared to the closed value of 5.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Community Health stock. Still, in general, we apply an absolute valuation method to find Community 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 Community Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Community Health's related companies.
 Open High Low Close Volume
  5.61    5.83    5.59    5.63    1,539,423  
10/16/2024
  5.73    6.01    5.68    5.92    1,895,330  
  5.84    6.00    5.78    5.99    1,678,956  
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Open Value
5.73
5.92
Closing Value
17.99
Upside

Community Health Trading Date Momentum on October 16, 2024

On October 17 2024 Community Health Systems was traded for  5.99  at the closing time. Highest Community Health's price during the trading hours was 6.00  and the lowest price during the day was  5.78 . The net volume was 1.7 M. The overall trading history on the 17th of October 2024 contributed to the next trading period price growth. The overall trading delta to the next next day price was 1.18% . The overall trading delta to current price is 31.76% .

Community Health Systems Fundamentals Correlations and Trends

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

About Community Health Stock history

Community 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 Community is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Community Health Systems 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 Community Health stock prices may prove useful in developing a viable investing in Community Health
Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in the United States. The company was founded in 1985 and is headquartered in Franklin, Tennessee. Community Health operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. It employs 51000 people.

Community Health Stock Technical Analysis

Community 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.
A focus of Community Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Community Health 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

Community Health Period Price Range

Low
January 6, 2025
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High

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 0.00 

Community Health Systems cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.

Community Health January 6, 2025 Market Strength

Market strength indicators help investors to evaluate how Community 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 Community Health shares will generate the highest return on investment. By undertsting and applying Community Health stock market strength indicators, traders can identify Community Health Systems entry and exit signals to maximize returns

Community Health Technical and Predictive Indicators

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

When running Community Health's price analysis, check to measure Community 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 Community Health is operating at the current time. Most of Community Health's value examination focuses on studying past and present price action to predict the probability of Community 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 Community Health's price. Additionally, you may evaluate how the addition of Community Health to your portfolios can decrease your overall portfolio volatility.
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