Medplus Health (India) Price on March 7, 2024

MEDPLUS Stock   782.70  20.65  2.71%   
If you're considering investing in Medplus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medplus Health stands at 782.70, as last reported on the 2nd of December, with the highest price reaching 786.00 and the lowest price hitting 755.10 during the day. Currently, Medplus Health Services is very steady. Medplus Health Services has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Medplus Health, which you can use to evaluate the volatility of the firm. Please verify Medplus Health's Mean Deviation of 1.25, downside deviation of 1.48, and Risk Adjusted Performance of 0.1391 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
  
Stock Based Compensation is likely to gain to about 164.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 11.1 B in 2024. . Medplus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1223

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Estimated Market Risk

 1.57
  actual daily
13
87% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Medplus Health is performing at about 9% 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 Medplus Health by adding it to a well-diversified portfolio.
Price Book
5.7146
Enterprise Value Ebitda
22.0553
Price Sales
1.6006
Shares Float
62.1 M
Wall Street Target Price
927

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Medplus Health Valuation on March 7, 2024

It is possible to determine the worth of Medplus Health on a given historical date. On March 7, 2024 Medplus was worth 703.7 at the beginning of the trading date compared to the closed value of 696.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medplus Health stock. Still, in general, we apply an absolute valuation method to find Medplus 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 Medplus Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medplus Health's related companies.
 Open High Low Close Volume
  692.10    704.00    676.85    699.85    180,184  
03/07/2024
  703.70    710.00    689.55    696.25    133,569  
  696.00    696.95    681.05    682.75    98,397  
Backtest Medplus Health  |  Medplus Health History  |  Medplus Health Valuation   PreviousNext  
Open Value
703.7
698.98
Downside
696.25
Closing Value
708.42
Upside

Medplus Health Trading Date Momentum on March 7, 2024

On March 11 2024 Medplus Health Services was traded for  682.75  at the closing time. The highest price during the trading period was 696.95  and the lowest recorded bid was listed for  681.05 . The volume for the day was 98.4 K. This history from March 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.94% . The trading delta at closing time to the current price is 6.63% .

Medplus Health Services Fundamentals Correlations and Trends

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

About Medplus Health Stock history

Medplus 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 Medplus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medplus Health Services 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 Medplus Health stock prices may prove useful in developing a viable investing in Medplus Health
Last ReportedProjected for Next Year
Common Stock Shares Outstanding120 M109.4 M
Net Income Applicable To Common Shares1.1 B1.2 B

Medplus Health Quarterly Net Working Capital

10.42 Billion

Medplus Health Stock Technical Analysis

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

Medplus Health Period Price Range

Low
December 2, 2024
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High

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Medplus Health Services 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.

Medplus Health December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Medplus 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 Medplus Health shares will generate the highest return on investment. By undertsting and applying Medplus Health stock market strength indicators, traders can identify Medplus Health Services entry and exit signals to maximize returns

Medplus Health Technical and Predictive Indicators

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

When running Medplus Health's price analysis, check to measure Medplus 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 Medplus Health is operating at the current time. Most of Medplus Health's value examination focuses on studying past and present price action to predict the probability of Medplus 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 Medplus Health's price. Additionally, you may evaluate how the addition of Medplus Health to your portfolios can decrease your overall portfolio volatility.