Fonar Stock Price on December 26, 2024

FONR Stock  USD 15.30  0.20  1.32%   
Below is the normalized historical share price chart for Fonar extending back to October 29, 1981. 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 Fonar stands at 15.30, as last reported on the 26th of December, with the highest price reaching 15.30 and the lowest price hitting 14.97 during the day.
IPO Date
1st of January 1987
200 Day MA
17.4819
50 Day MA
15.8858
Beta
1.194
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fonar Stock, it is important to understand the factors that can impact its price. Fonar secures Sharpe Ratio (or Efficiency) of -0.0794, which denotes the company had a -0.0794% return per unit of risk over the last 3 months. Fonar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fonar's Mean Deviation of 1.5, variance of 5.3, and Standard Deviation of 2.3 to check the risk estimate we provide.
  
At this time, Fonar's Total Stockholder Equity is relatively stable compared to the past year. As of 12/26/2024, Liabilities And Stockholders Equity is likely to grow to about 225 M, while Other Stockholder Equity is likely to drop slightly above 142.3 M. . At this time, Fonar's Price Earnings To Growth Ratio is relatively stable compared to the past year. As of 12/26/2024, Price To Operating Cash Flows Ratio is likely to grow to 7.64, while Price Earnings Ratio is likely to drop 8.65. Fonar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0794

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Estimated Market Risk

 2.32
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fonar 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 Fonar by adding Fonar to a well-diversified portfolio.
Price Book
0.5728
Enterprise Value Ebitda
3.1731
Price Sales
0.9392
Shares Float
5.8 M
Earnings Share
1.4

Related Headline

Cigna Corp Headline on 26th of December 2024

Filed transaction by Cigna Corp Officer Chief Accounting Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Fonar Valuation on December 26, 2024

It is possible to determine the worth of Fonar on a given historical date. On December 26, 2024 Fonar was worth 15.1 at the beginning of the trading date compared to the closed value of 15.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fonar stock. Still, in general, we apply an absolute valuation method to find Fonar'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 Fonar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fonar's related companies.
 Open High Low Close Volume
  15.10    15.11    15.10    15.10    1,519  
12/26/2024
  15.10    15.30    14.97    15.30    0.00  
  15.10    15.30    14.97    15.30    0.00  
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Open Value
15.1
15.3
Closing Value
22.07
Upside

Fonar Trading Date Momentum on December 26, 2024

On December 26 2024 Fonar was traded for  15.30  at the closing time. The top price for the day was 15.30  and the lowest listed price was  14.97 . There was no trading activity during the period 0.0. Lack of trading volume on December 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.31% .

Fonar Fundamentals Correlations and Trends

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

About Fonar Stock history

Fonar 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 Fonar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fonar 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 Fonar stock prices may prove useful in developing a viable investing in Fonar
Last ReportedProjected for Next Year
Common Stock Shares Outstanding6.5 M4.2 M
Net Income Applicable To Common Shares10.3 M18.7 M

Fonar Quarterly Net Working Capital

124.68 Million

Fonar Stock Technical Analysis

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

Fonar Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Fonar cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Fonar December 26, 2024 Market Strength

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

Fonar Technical and Predictive Indicators

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

Additional Tools for Fonar Stock Analysis

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