Modivcare Stock Price on December 3, 2024
| MODV Stock | USD 18.81 0.28 1.51% |
Below is the normalized historical share price chart for ModivCare extending back to August 19, 2003. 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 ModivCare stands at 18.81, as last reported on the 11th of December 2024, with the highest price reaching 18.81 and the lowest price hitting 18.53 during the day.
If you're considering investing in ModivCare Stock, it is important to understand the factors that can impact its price. ModivCare appears to be somewhat reliable, given 3 months investment horizon. ModivCare has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing ModivCare's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please exercise ModivCare's Risk Adjusted Performance of (0.01), mean deviation of 4.5, and Standard Deviation of 9.09 to check out if our risk estimates are consistent with your expectations.
At this time, ModivCare's Total Stockholder Equity is fairly stable compared to the past year. Preferred Stock Total Equity is likely to climb to about 93.6 M in 2024, whereas Common Stock is likely to drop slightly above 14.9 K in 2024. . Price To Sales Ratio is likely to drop to 0.22 in 2024. Price Earnings Ratio is likely to drop to -3.2 in 2024. ModivCare Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of August 2003 | 200 Day MA 22.7672 | 50 Day MA 16.472 | Beta 0.486 |
ModivCare |
Sharpe Ratio = 0.1397
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Estimated Market Risk
| 5.32 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average ModivCare is performing at about 11% 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 ModivCare by adding it to a well-diversified portfolio.
Price Book 19.0069 | Enterprise Value Ebitda 91.2114 | Price Sales 0.0964 | Shares Float 11.1 M | Wall Street Target Price 25.6667 |
ModivCare Main Headline on 3rd of December 2024
Providence plays BYU after Pierres 22-point outing by apnews.com
Providence faces the BYU Cougars after Jayden Pierre scored 22 points in Providences 89-73 loss to the Indiana Hoosiers.
ModivCare Valuation on December 3, 2024
It is possible to determine the worth of ModivCare on a given historical date. On December 3, 2024 ModivCare was worth 18.64 at the beginning of the trading date compared to the closed value of 18.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ModivCare stock. Still, in general, we apply an absolute valuation method to find ModivCare'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 ModivCare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ModivCare's related companies.
| Open | High | Low | Close | Volume | |
| 18.78 | 19.02 | 17.74 | 18.51 | 246,573 | |
12/03/2024 | 18.64 | 18.74 | 17.93 | 18.00 | 93,682 |
| 17.88 | 18.48 | 17.67 | 17.73 | 95,924 |
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ModivCare Trading Date Momentum on December 3, 2024
| On December 04 2024 ModivCare was traded for 17.73 at the closing time. The top price for the day was 18.48 and the lowest listed price was 17.67 . The trading volume for the day was 95.9 K. The trading history from December 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.50% . The trading delta at closing time against the current closing price is 2.94% . |
ModivCare Fundamentals Correlations and Trends
By evaluating ModivCare'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 ModivCare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ModivCare financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ModivCare Stock history
ModivCare 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 ModivCare is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ModivCare 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 ModivCare stock prices may prove useful in developing a viable investing in ModivCare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.2 M | 13.6 M | |
| Net Loss | -28.6 M | -27.2 M |
ModivCare Stock Technical Analysis
ModivCare 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
ModivCare Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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ModivCare December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how ModivCare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ModivCare shares will generate the highest return on investment. By undertsting and applying ModivCare stock market strength indicators, traders can identify ModivCare entry and exit signals to maximize returns
ModivCare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ModivCare's price direction in advance. Along with the technical and fundamental analysis of ModivCare Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ModivCare 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 | (0.01) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (1.66) | |||
| Treynor Ratio | (0.72) |
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Additional Tools for ModivCare Stock Analysis
When running ModivCare's price analysis, check to measure ModivCare'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 ModivCare is operating at the current time. Most of ModivCare's value examination focuses on studying past and present price action to predict the probability of ModivCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ModivCare's price. Additionally, you may evaluate how the addition of ModivCare to your portfolios can decrease your overall portfolio volatility.