Induction Healthcare (UK) Price on July 5, 2024
INHC Stock | 9.00 0.00 0.00% |
Below is the normalized historical share price chart for Induction Healthcare Group extending back to May 22, 2019. 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 Induction Healthcare stands at 9.00, as last reported on the 29th of November, with the highest price reaching 9.00 and the lowest price hitting 8.50 during the day.
If you're considering investing in Induction Stock, it is important to understand the factors that can impact its price. Currently, Induction Healthcare Group is slightly risky. Induction Healthcare holds Efficiency (Sharpe) Ratio of 0.0425, which attests that the entity had a 0.0425% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Induction Healthcare, which you can use to evaluate the volatility of the firm. Please check out Induction Healthcare's Risk Adjusted Performance of 0.0208, downside deviation of 6.63, and Market Risk Adjusted Performance of 0.1198 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
At this time, Induction Healthcare's Total Stockholder Equity is comparatively stable compared to the past year. Sale Purchase Of Stock is likely to gain to about 20 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 61 M in 2024. . Induction Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.1315 | 50 Day MA 8.13 | Beta (0.47) |
Induction |
Sharpe Ratio = 0.0425
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Cash | Small Risk | Average Risk | INHC | Huge Risk |
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Estimated Market Risk
3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Induction Healthcare is performing at about 3% 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 Induction Healthcare by adding it to a well-diversified portfolio.
Price Book 0.4643 | Enterprise Value Ebitda (2.84) | Price Sales 0.6609 | Shares Float 67.5 M | Wall Street Target Price 21 |
Induction Healthcare Valuation on July 5, 2024
It is possible to determine the worth of Induction Healthcare on a given historical date. On July 5, 2024 Induction was worth 12.5 at the beginning of the trading date compared to the closed value of 12.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Induction Healthcare stock. Still, in general, we apply an absolute valuation method to find Induction 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 Induction Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Induction Healthcare's related companies.
Open | High | Low | Close | Volume | |
12.68 | 13.20 | 12.68 | 13.20 | 73,506 | |
07/05/2024 | 12.50 | 14.50 | 12.50 | 12.50 | 999.00 |
12.50 | 12.65 | 11.55 | 12.50 | 11,873 |
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Induction Healthcare Trading Date Momentum on July 5, 2024
On July 08 2024 Induction Healthcare Group was traded for 12.50 at the closing time. The highest price during the trading period was 12.65 and the lowest recorded bid was listed for 11.55 . The volume for the day was 11.9 K. This history from July 8, 2024 did not cause price change. The trading delta at closing time to the current price is 20.00% . |
Induction Healthcare Fundamentals Correlations and Trends
By evaluating Induction 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 Induction Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Induction financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Induction Healthcare Stock history
Induction 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 Induction is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Induction 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 Induction Healthcare stock prices may prove useful in developing a viable investing in Induction Healthcare
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 92.8 M | 61 M | |
Net Loss | -7.6 M | -8 M |
Induction Healthcare Quarterly Net Working Capital |
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Induction Healthcare Stock Technical Analysis
Induction 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.
Price Boundaries
Induction Healthcare Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Induction Healthcare Group cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
Induction Healthcare November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Induction 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 Induction Healthcare shares will generate the highest return on investment. By undertsting and applying Induction Healthcare stock market strength indicators, traders can identify Induction Healthcare Group entry and exit signals to maximize returns
Induction Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Induction Healthcare's price direction in advance. Along with the technical and fundamental analysis of Induction Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Induction 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 | 0.0208 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.48) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.1098 |
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Additional Tools for Induction Stock Analysis
When running Induction Healthcare's price analysis, check to measure Induction 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 Induction Healthcare is operating at the current time. Most of Induction Healthcare's value examination focuses on studying past and present price action to predict the probability of Induction 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 Induction Healthcare's price. Additionally, you may evaluate how the addition of Induction Healthcare to your portfolios can decrease your overall portfolio volatility.