Netcare (South Africa) Price on September 27, 2024
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 Downside Deviation of 1.28, risk adjusted performance of 0.0397, 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.
Netcare |
Sharpe Ratio = -0.0143
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | NTC |
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 September 27, 2024
It is possible to determine the worth of Netcare on a given historical date. On September 27, 2024 Netcare was worth 1511.0 at the beginning of the trading date compared to the closed value of 1520.0. 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 | |
1,530 | 1,540 | 1,514 | 1,538 | 3,983,837 | |
09/27/2024 | 1,511 | 1,547 | 1,500 | 1,520 | 14,121,939 |
1,549 | 1,556 | 1,509 | 1,541 | 4,624,720 |
Backtest Netcare | | | Netcare History | | | Netcare Valuation | Previous | Next |
Netcare Trading Date Momentum on September 27, 2024
On September 30 2024 Netcare was traded for 1,541 at the closing time. The highest price during the trading period was 1,556 and the lowest recorded bid was listed for 1,509 . The volume for the day was 4.6 M. This history from September 30, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.38% . The trading delta at closing time to the current price is 1.64% . |
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.
Price Boundaries
Netcare Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
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.
Risk Adjusted Performance | 0.0397 | |||
Jensen Alpha | 0.0381 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 6.0E-4 | |||
Treynor Ratio | 0.3172 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |