Singular Health (Australia) Price on May 17, 2024
| SHG Stock | 0.12 0.01 9.09% |
If you're considering investing in Singular Stock, it is important to understand the factors that can impact its price. As of today, the current price of Singular Health stands at 0.12, as last reported on the 4th of December, with the highest price reaching 0.13 and the lowest price hitting 0.12 during the day. Singular Health appears to be out of control, given 3 months investment horizon. Singular Health Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Singular Health's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please review Singular Health's Coefficient Of Variation of 632.39, risk adjusted performance of 0.129, and Semi Deviation of 3.01 to confirm if our risk estimates are consistent with your expectations.
At this time, Singular Health's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 5.1 M in 2024, whereas Common Stock is likely to drop slightly above 10.6 M in 2024. . Singular Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Singular |
Sharpe Ratio = 0.153
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Estimated Market Risk
| 4.54 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Singular Health is performing at about 12% 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 Singular Health by adding it to a well-diversified portfolio.
Price Book 19.3513 | Book Value 0.007 | Enterprise Value 27.9 M | Enterprise Value Ebitda (1.47) | Price Sales 31.1558 |
Singular Health Valuation on May 17, 2024
It is possible to determine the worth of Singular Health on a given historical date. On May 17, 2024 Singular was worth 0.12 at the beginning of the trading date compared to the closed value of 0.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Singular Health stock. Still, in general, we apply an absolute valuation method to find Singular 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 Singular Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Singular Health's related companies.
| Open | High | Low | Close | Volume | |
| 0.11 | 0.11 | 0.11 | 0.11 | 482,120 | |
05/17/2024 | 0.12 | 0.12 | 0.12 | 0.12 | 104,032 |
| 0.11 | 0.12 | 0.11 | 0.12 | 121,658 |
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Singular Health Trading Date Momentum on May 17, 2024
| On May 20 2024 Singular Health Group was traded for 0.12 at the closing time. The maximum traded price for the trading interval was 0.12 and the lowest daily price was 0.11 . The daily volume was recorded at 121.7 K. The volume of trading on 20th of May 2024 did not result in any price rise and fall. The trading price change to the closing price today is 8.33% . |
Singular Health Group Fundamentals Correlations and Trends
By evaluating Singular 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 Singular Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Singular financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Singular Health Stock history
Singular 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 Singular is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Singular Health Group 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 Singular Health stock prices may prove useful in developing a viable investing in Singular Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 160.1 M | 127 M | |
| Net Loss | -4.9 M | -5.1 M |
Singular Health Stock Technical Analysis
Singular 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.
Price Boundaries
Singular Health Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Singular Health Group cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Singular Health December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Singular 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 Singular Health shares will generate the highest return on investment. By undertsting and applying Singular Health stock market strength indicators, traders can identify Singular Health Group entry and exit signals to maximize returns
Singular Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Singular Health's price direction in advance. Along with the technical and fundamental analysis of Singular Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Singular 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 | 0.129 | |||
| Jensen Alpha | 0.7366 | |||
| Total Risk Alpha | 0.0923 | |||
| Sortino Ratio | 0.1285 | |||
| Treynor Ratio | (2.16) |
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Additional Tools for Singular Stock Analysis
When running Singular Health's price analysis, check to measure Singular 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 Singular Health is operating at the current time. Most of Singular Health's value examination focuses on studying past and present price action to predict the probability of Singular 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 Singular Health's price. Additionally, you may evaluate how the addition of Singular Health to your portfolios can decrease your overall portfolio volatility.