Definitive Healthcare Corp Stock Price on February 22, 2024

DH Stock  USD 4.66  0.02  0.43%   
If you're considering investing in Definitive Stock, it is important to understand the factors that can impact its price. As of today, the current price of Definitive Healthcare stands at 4.66, as last reported on the 28th of November, with the highest price reaching 4.79 and the lowest price hitting 4.62 during the day. Definitive Healthcare is somewhat reliable at the moment. Definitive Healthcare secures Sharpe Ratio (or Efficiency) of 0.0091, which denotes the company had a 0.0091% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Definitive Healthcare Corp, which you can use to evaluate the volatility of the firm. Please confirm Definitive Healthcare's Mean Deviation of 2.05, downside deviation of 2.54, and Coefficient Of Variation of 3275.6 to check if the risk estimate we provide is consistent with the expected return of 0.0239%.
  
As of now, Definitive Healthcare's Liabilities And Stockholders Equity is increasing as compared to previous years. The Definitive Healthcare's current Stock Based Compensation is estimated to increase to about 51.2 M, while Total Stockholder Equity is projected to decrease to under 815.8 M. . The current Price To Sales Ratio is estimated to decrease to 4.24. The current Price Earnings Ratio is estimated to decrease to -5.82. Definitive Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0091

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Estimated Market Risk

 2.63
  actual daily
23
77% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Definitive Healthcare 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 Definitive Healthcare by adding Definitive Healthcare to a well-diversified portfolio.
Price Book
1.0628
Enterprise Value Ebitda
46.6922
Price Sales
2.1041
Shares Float
44.4 M
Wall Street Target Price
5.2778

Related Headline

10X Genomics Headline on 22nd of February 2024

Filed transaction by 10X Genomics Officer: Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Definitive Healthcare Valuation on February 22, 2024

It is possible to determine the worth of Definitive Healthcare on a given historical date. On February 22, 2024 Definitive was worth 9.35 at the beginning of the trading date compared to the closed value of 9.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Definitive Healthcare stock. Still, in general, we apply an absolute valuation method to find Definitive 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 Definitive Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Definitive Healthcare's related companies.
 Open High Low Close Volume
  9.58    9.58    9.14    9.22    396,147  
02/22/2024
  9.35    9.40    9.13    9.25    417,075  
  9.24    9.32    9.07    9.16    375,677  
Backtest Definitive Healthcare  |  Definitive Healthcare History  |  Definitive Healthcare Valuation   PreviousNext  
Open Value
9.35
9.25
Closing Value
17.25
Upside

Definitive Healthcare Trading Date Momentum on February 22, 2024

On February 23 2024 Definitive Healthcare Corp was traded for  9.16  at the closing time. The highest price during the trading period was 9.32  and the lowest recorded bid was listed for  9.07 . The volume for the day was 375.7 K. This history from February 23, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.97% . The overall trading delta to the current price is 2.59% .

Definitive Healthcare Fundamentals Correlations and Trends

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

About Definitive Healthcare Stock history

Definitive 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 Definitive is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Definitive 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 Definitive Healthcare stock prices may prove useful in developing a viable investing in Definitive Healthcare
Last ReportedProjected for Next Year
Common Stock Shares Outstanding112.8 M89.1 M
Net Loss-6.9 M-7.3 M

Definitive Healthcare Stock Technical Analysis

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

Definitive Healthcare Period Price Range

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Definitive Healthcare November 28, 2024 Market Strength

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

Definitive Healthcare Technical and Predictive Indicators

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

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