Option Care Health Stock Price on October 24, 2024

OPCH Stock  USD 24.12  0.32  1.34%   
Below is the normalized historical share price chart for Option Care Health extending back to August 15, 1996. 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 Option Care stands at 24.12, as last reported on the 2nd of December, with the highest price reaching 24.27 and the lowest price hitting 23.53 during the day.
IPO Date
15th of August 1996
200 Day MA
29.7426
50 Day MA
27.0024
Beta
1.324
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Option Stock, it is important to understand the factors that can impact its price. Option Care Health maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Option Care Health exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Option Care's Variance of 11.7, risk adjusted performance of (0.07), and Coefficient Of Variation of (961.40) to confirm the risk estimate we provide.
  
As of now, Option Care's Common Stock Total Equity is increasing as compared to previous years. The Option Care's current Common Stock is estimated to increase to about 21.7 K, while Other Stockholder Equity is projected to decrease to under 490 M. . As of now, Option Care's Price To Operating Cash Flows Ratio is increasing as compared to previous years. The Option Care's current Price To Book Ratio is estimated to increase to 4.45, while Price Earnings To Growth Ratio is projected to decrease to 0.25. Option Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1194

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Negative ReturnsOPCH

Estimated Market Risk

 3.46
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.41
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Option Care 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 Option Care by adding Option Care to a well-diversified portfolio.
Price Book
2.8399
Enterprise Value Ebitda
12.1585
Price Sales
0.848
Shares Float
169.2 M
Wall Street Target Price
30.875

Related Headline

Select Medical Headline on 24th of October 2024

Filed transaction by Select Medical Holdings Director, Officer Executive Chairman. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Option Care Valuation on October 24, 2024

It is possible to determine the worth of Option Care on a given historical date. On October 24, 2024 Option was worth 30.15 at the beginning of the trading date compared to the closed value of 29.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Option Care stock. Still, in general, we apply an absolute valuation method to find Option Care'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 Option Care where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Option Care's related companies.
 Open High Low Close Volume
  30.27    30.48    29.84    30.05    690,357  
10/24/2024
  30.15    30.55    29.74    29.76    908,165  
  29.76    29.96    29.41    29.45    904,695  
Backtest Option Care  |  Option Care History  |  Option Care Valuation   PreviousNext  
Open Value
30.15
29.76
Closing Value
40.53
Upside

Option Care Trading Date Momentum on October 24, 2024

On October 25 2024 Option Care Health was traded for  29.45  at the closing time. The top price for the day was 29.96  and the lowest listed price was  29.41 . The trading volume for the day was 904.7 K. The trading history from October 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.04% . The trading delta at closing time against the current closing price is 20.80% .

Option Care Health Fundamentals Correlations and Trends

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

About Option Care Stock history

Option Care 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 Option is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Option Care Health 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 Option Care stock prices may prove useful in developing a viable investing in Option Care
Last ReportedProjected for Next Year
Common Stock Shares Outstanding180.4 M189.4 M
Net Income Applicable To Common Shares173.1 M181.8 M

Option Care Quarterly Net Working Capital

558.15 Million

Option Care Stock Technical Analysis

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

Option Care Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Option Care Health cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Option Care December 2, 2024 Market Strength

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

Option Care Technical and Predictive Indicators

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

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