Cue Health Price on March 20, 2024
If you're considering investing in Cue Stock, it is important to understand the factors that can impact its price. We have found fifteen technical indicators for Cue Health, which you can use to evaluate the volatility of the firm. Please confirm Cue Health's risk adjusted performance of (0.12), and Mean Deviation of 9.64 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Cue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cue |
Sharpe Ratio = 0.0
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Based on monthly moving average Cue 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 Cue Health by adding Cue Health to a well-diversified portfolio.
Related Headline
HealthStream Headline on 20th of March 2024
Acquisition by Michael Sousa of 2800 shares of HealthStream ... by Michael Sousa
Filed transaction by HealthStream Officer: Executive Vice President. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Cue Health Valuation on March 20, 2024
It is possible to determine the worth of Cue Health on a given historical date. On March 20, 2024 Cue was worth 0.2 at the beginning of the trading date compared to the closed value of 0.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cue Health stock. Still, in general, we apply an absolute valuation method to find Cue 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 Cue Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cue Health's related companies.
Open | High | Low | Close | Volume | |
0.21 | 0.22 | 0.19 | 0.19 | 511,909 | |
03/20/2024 | 0.20 | 0.20 | 0.18 | 0.18 | 1,451,639 |
0.18 | 0.19 | 0.18 | 0.18 | 636,284 |
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Cue Health Trading Date Momentum on March 20, 2024
On March 21 2024 Cue Health was traded for 0.18 at the closing time. The top price for the day was 0.19 and the lowest listed price was 0.18 . The trading volume for the day was 636.3 K. The trading history from March 21, 2024 did not affect price variability. The overall trading delta against the current closing price is 11.11% . |
Cue Health Fundamentals Correlations and Trends
By evaluating Cue 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 Cue Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cue financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cue Health Stock history
Cue 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 Cue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cue 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 Cue Health stock prices may prove useful in developing a viable investing in Cue Health
Cue Health Inc., a healthcare technology company, designs and develops diagnostic platform for diagnostic tests for individuals, enterprises, healthcare providers and payors, and public health agencies. Cue Health Inc. was incorporated in 2010 and is headquartered in San Diego, California. Cue Health operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 1585 people.
Cue Health Stock Technical Analysis
Cue 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Cue Health Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Cue 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.
Cue Health December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Cue 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 Cue Health shares will generate the highest return on investment. By undertsting and applying Cue Health stock market strength indicators, traders can identify Cue Health entry and exit signals to maximize returns
Cue Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cue Health's price direction in advance. Along with the technical and fundamental analysis of Cue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cue 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 | (0.12) | |||
Jensen Alpha | (2.85) | |||
Total Risk Alpha | (5.14) | |||
Treynor Ratio | 12.77 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in Cue Stock
If you are still planning to invest in Cue Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cue Health's history and understand the potential risks before investing.
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