Health Care Select Index Price on November 12, 2024
| SIXV Index | 1,489 11.28 0.76% |
If you're considering investing in Health Index, it is important to understand the factors that can impact its price. As of today, the current price of Health Care stands at 1,489, as last reported on the 26th of March, with the highest price reaching 1,491 and the lowest price hitting 1,479 during the day. Health Care Select holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Health Care Select, which you can use to evaluate the volatility of the entity. Health Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.1162
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Health Care is performing at about 9% 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 Health Care by adding it to a well-diversified portfolio.
Health Care Valuation on November 12, 2024
It is possible to determine the worth of Health Care on a given historical date. On November 12, 2024 Health was worth 1507.34 at the beginning of the trading date compared to the closed value of 1487.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Health Care index. Still, in general, we apply an absolute valuation method to find Health 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 Health Care where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Health Care's related companies.
| Open | High | Low | Close | Volume | |
| 1,519 | 1,521 | 1,506 | 1,507 | 1.00 | |
11/12/2024 | 1,507 | 1,508 | 1,486 | 1,487 | 1.00 |
| 1,486 | 1,490 | 1,481 | 1,483 | 1.00 |
| Backtest Health Care | | | Health Care History | Previous | Next |
Health Care Trading Date Momentum on November 12, 2024
| On November 13 2024 Health Care Select was traded for 1,483 at the closing time. The highest price during the trading period was 1,490 and the lowest recorded bid was listed for 1,481 . There was no trading activity during the period 1.0. Lack of trading volume on November 13, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.30% . The trading delta at closing time to the current price is 2.19% . |
Price Boundaries
Health Care Period Price Range
Low | March 26, 2025
| High |
0.00 | 0.00 |
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Health Care March 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Health Care index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Health Care shares will generate the highest return on investment. By undertsting and applying Health Care index market strength indicators, traders can identify Health Care Select entry and exit signals to maximize returns
Health Care Technical Drivers
Health Care March 26, 2025 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Health Care's price direction in advance. Along with the technical and fundamental analysis of Health Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of Health 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 | 0.0973 | |||
| Mean Deviation | 0.6338 | |||
| Semi Deviation | 0.5479 | |||
| Downside Deviation | 0.6831 | |||
| Coefficient Of Variation | 860.43 | |||
| Standard Deviation | 0.7807 | |||
| Variance | 0.6095 | |||
| Information Ratio | 0.0998 | |||
| Total Risk Alpha | 0.0781 | |||
| Sortino Ratio | 0.1141 | |||
| Maximum Drawdown | 3.32 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.27 | |||
| Downside Variance | 0.4666 | |||
| Semi Variance | 0.3002 | |||
| Expected Short fall | (0.72) | |||
| Skewness | 0.3993 | |||
| Kurtosis | (0.37) |
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