Netcare (South Africa) Price on June 14, 2023

NTC Stock   1,499  13.00  0.86%   
If you're considering investing in Netcare Stock, it is important to understand the factors that can impact its price. As of today, the current price of Netcare stands at 1,499, as last reported on the 26th of December, with the highest price reaching 1,518 and the lowest price hitting 1,499 during the day. Netcare has Sharpe Ratio of -0.0143, which conveys that the firm had a -0.0143% return per unit of risk over the last 3 months. Netcare exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Netcare's Risk Adjusted Performance of 0.0399, downside deviation of 1.28, and Mean Deviation of 0.9538 to check out the risk estimate we provide.
  
Netcare Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0143

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Estimated Market Risk

 1.12
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Netcare 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 Netcare by adding Netcare to a well-diversified portfolio.

Netcare Valuation on June 14, 2023

It is possible to determine the worth of Netcare on a given historical date. On June 14, 2023 Netcare was worth 1422.35 at the beginning of the trading date compared to the closed value of 1386.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Netcare stock. Still, in general, we apply an absolute valuation method to find Netcare'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 Netcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Netcare's related companies.
 Open High Low Close Volume
  1,410    1,445    1,397    1,410    4,998,558  
06/14/2023
  1,422    1,422    1,382    1,386    5,627,971  
  1,395    1,426    1,385    1,421    9,760,215  
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Open Value
1422.35
1386.13
Closing Value
1,426
Upside

Netcare Trading Date Momentum on June 14, 2023

On June 15 2023 Netcare was traded for  1,421  at the closing time. The highest price during the trading period was 1,426  and the lowest recorded bid was listed for  1,385 . The volume for the day was 9.8 M. This history from June 15, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 2.54% . The trading delta at closing time to the current price is 1.20% .

Netcare Fundamentals Correlations and Trends

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

About Netcare Stock history

Netcare 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 Netcare is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Netcare 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 Netcare stock prices may prove useful in developing a viable investing in Netcare

Netcare Stock Technical Analysis

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

Netcare Period Price Range

Low
December 26, 2024
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High

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Netcare cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Netcare December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Netcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Netcare shares will generate the highest return on investment. By undertsting and applying Netcare stock market strength indicators, traders can identify Netcare entry and exit signals to maximize returns

Netcare Technical and Predictive Indicators

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

Complementary Tools for Netcare Stock analysis

When running Netcare's price analysis, check to measure Netcare'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 Netcare is operating at the current time. Most of Netcare's value examination focuses on studying past and present price action to predict the probability of Netcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netcare's price. Additionally, you may evaluate how the addition of Netcare to your portfolios can decrease your overall portfolio volatility.
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