Guardant Health Stock Price on May 6, 2024
| GH Stock | USD 31.57 0.53 1.71% |
Below is the normalized historical share price chart for Guardant Health extending back to October 04, 2018. 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 Guardant Health stands at 31.57, as last reported on the 24th of December, with the highest price reaching 31.85 and the lowest price hitting 30.88 during the day.
If you're considering investing in Guardant Stock, it is important to understand the factors that can impact its price. Guardant Health appears to be very steady, given 3 months investment horizon. Guardant Health holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of standard deviation over the last 3 months. By evaluating Guardant Health's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Guardant Health's market risk adjusted performance of 0.2276, and Risk Adjusted Performance of 0.1195 to validate if our risk estimates are consistent with your expectations.
As of now, Guardant Health's Sale Purchase Of Stock is decreasing as compared to previous years. The Guardant Health's current Issuance Of Capital Stock is estimated to increase to about 517.8 M, while Total Stockholder Equity is projected to decrease to under 150.7 M. . The Guardant Health's current Price Earnings To Growth Ratio is estimated to increase to 0.20, while Price To Sales Ratio is projected to decrease to 5.10. Guardant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of October 2018 | 200 Day MA 25.8894 | 50 Day MA 29.0442 | Beta 1.106 |
Guardant |
Sharpe Ratio = 0.166
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Guardant Health is performing at about 13% 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 Guardant Health by adding it to a well-diversified portfolio.
Price Book 55.6696 | Enterprise Value Ebitda (5.40) | Price Sales 5.6347 | Shares Float 111.3 M | Wall Street Target Price 43.2 |
Guardant Health Valuation on May 6, 2024
It is possible to determine the worth of Guardant Health on a given historical date. On May 6, 2024 Guardant was worth 19.1 at the beginning of the trading date compared to the closed value of 19.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guardant Health stock. Still, in general, we apply an absolute valuation method to find Guardant 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 Guardant Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guardant Health's related companies.
| Open | High | Low | Close | Volume | |
| 19.11 | 19.63 | 18.73 | 18.88 | 1,121,543 | |
05/06/2024 | 19.10 | 19.48 | 18.96 | 19.10 | 1,063,705 |
| 19.19 | 19.26 | 18.78 | 18.82 | 1,400,388 |
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Guardant Health Trading Date Momentum on May 6, 2024
| On May 07 2024 Guardant Health was traded for 18.82 at the closing time. The highest price during the trading period was 19.26 and the lowest recorded bid was listed for 18.78 . The volume for the day was 1.4 M. This history from May 7, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.47% . The overall trading delta to the current price is 34.76% . |
Guardant Health Fundamentals Correlations and Trends
By evaluating Guardant 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 Guardant Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guardant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guardant Health Stock history
Guardant 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 Guardant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guardant Health 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 Guardant Health stock prices may prove useful in developing a viable investing in Guardant Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 112 M | 92.9 M | |
| Net Loss | -589.1 M | -559.7 M |
Guardant Health Quarterly Net Working Capital |
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Guardant Health Stock Technical Analysis
Guardant 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.
Price Boundaries
Guardant Health Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Guardant Health 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.
Guardant Health December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Guardant 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 Guardant Health shares will generate the highest return on investment. By undertsting and applying Guardant Health stock market strength indicators, traders can identify Guardant Health entry and exit signals to maximize returns
Guardant Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guardant Health's price direction in advance. Along with the technical and fundamental analysis of Guardant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guardant 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 | 0.1195 | |||
| Jensen Alpha | 0.4235 | |||
| Total Risk Alpha | 0.3442 | |||
| Sortino Ratio | 0.1625 | |||
| Treynor Ratio | 0.2176 |
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Complementary Tools for Guardant Stock analysis
When running Guardant Health's price analysis, check to measure Guardant 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 Guardant Health is operating at the current time. Most of Guardant Health's value examination focuses on studying past and present price action to predict the probability of Guardant 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 Guardant Health's price. Additionally, you may evaluate how the addition of Guardant Health to your portfolios can decrease your overall portfolio volatility.
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