Global Health (India) Price on August 5, 2024
| MEDANTA Stock | 1,090 17.25 1.56% |
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. As of today, the current price of Global Health stands at 1,090, as last reported on the 29th of December, with the highest price reaching 1,127 and the lowest price hitting 1,085 during the day. At this point, Global Health is very steady. Global Health Limited holds Efficiency (Sharpe) Ratio of 0.0646, which attests that the entity had a 0.0646% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Global Health Limited, which you can use to evaluate the volatility of the firm. Please check out Global Health's Downside Deviation of 1.75, market risk adjusted performance of 0.1011, and Risk Adjusted Performance of 0.0114 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
At present, Global Health's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 536.4 M, whereas Total Stockholder Equity is forecasted to decline to about 19.2 B. . Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.0646
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| Cash | Small Risk | MEDANTA | High Risk | Huge Risk |
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Global Health is performing at about 5% 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 Global Health by adding it to a well-diversified portfolio.
Price Book 9.3212 | Enterprise Value Ebitda 32.3441 | Price Sales 8.7238 | Shares Float 85.7 M | Wall Street Target Price 1.2 K |
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Global Health Valuation on August 5, 2024
It is possible to determine the worth of Global Health on a given historical date. On August 5, 2024 Global was worth 1196.05 at the beginning of the trading date compared to the closed value of 1151.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Health stock. Still, in general, we apply an absolute valuation method to find Global 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 Global Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Health's related companies.
| Open | High | Low | Close | Volume | |
| 1,222 | 1,228 | 1,204 | 1,210 | 99,480 | |
08/05/2024 | 1,196 | 1,196 | 1,145 | 1,152 | 182,663 |
| 1,160 | 1,190 | 1,150 | 1,184 | 238,158 |
| Backtest Global Health | | | Global Health History | | | Global Health Valuation | Previous | Next |
Global Health Trading Date Momentum on August 5, 2024
| On August 06 2024 Global Health Limited was traded for 1,184 at the closing time. The highest price during the trading period was 1,190 and the lowest recorded bid was listed for 1,150 . The volume for the day was 238.2 K. This history from August 6, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.76% . The overall trading delta to the current price is 7.09% . |
Global Health Limited Fundamentals Correlations and Trends
By evaluating Global 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 Global Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Health Stock history
Global 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Health Limited 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 Global Health stock prices may prove useful in developing a viable investing in Global Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 268.6 M | 280.9 M |
Global Health Quarterly Net Working Capital |
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Global Health Stock Technical Analysis
Global 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
Global Health Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Global Health Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Global Health December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Global 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 Global Health shares will generate the highest return on investment. By undertsting and applying Global Health stock market strength indicators, traders can identify Global Health Limited entry and exit signals to maximize returns
Global Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Health's price direction in advance. Along with the technical and fundamental analysis of Global Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global 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 | 0.0114 | |||
| Jensen Alpha | 0.0025 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0911 |
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| Volume Indicators |
Complementary Tools for Global Stock analysis
When running Global Health's price analysis, check to measure Global 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 Global Health is operating at the current time. Most of Global Health's value examination focuses on studying past and present price action to predict the probability of Global 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 Global Health's price. Additionally, you may evaluate how the addition of Global Health to your portfolios can decrease your overall portfolio volatility.
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