Adtalem Global Education Stock Price on February 20, 2024
| ATGE Stock | USD 65.20 0.41 0.62% |
If you're considering investing in Adtalem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Adtalem Global stands at 65.20, as last reported on the 4th of June, with the highest price reaching 66.11 and the lowest price hitting 64.65 during the day. Adtalem Global appears to be very steady, given 3 months investment horizon. Adtalem Global Education secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. By analyzing Adtalem Global's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Adtalem Global's Downside Deviation of 1.58, risk adjusted performance of 0.1428, and Mean Deviation of 1.38 to double-check if our risk estimates are consistent with your expectations.
Adtalem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Adtalem |
Sharpe Ratio = 0.2168
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Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Adtalem Global is performing at about 16% 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 Adtalem Global by adding it to a well-diversified portfolio.
Adtalem Global Valuation on February 20, 2024
It is possible to determine the worth of Adtalem Global on a given historical date. On February 20, 2024 Adtalem was worth 47.0 at the beginning of the trading date compared to the closed value of 46.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adtalem Global stock. Still, in general, we apply an absolute valuation method to find Adtalem Global'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 Adtalem Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adtalem Global's related companies.
| Open | High | Low | Close | Volume | |
| 49.15 | 49.19 | 47.06 | 47.14 | 597,839 | |
02/20/2024 | 47.00 | 47.13 | 45.69 | 46.00 | 909,931 |
| 46.08 | 46.24 | 45.16 | 45.68 | 519,584 |
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Adtalem Global Trading Date Momentum on February 20, 2024
| On February 21 2024 Adtalem Global Education was traded for 45.68 at the closing time. The top price for the day was 46.24 and the lowest listed price was 45.16 . The trading volume for the day was 519.6 K. The trading history from February 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.70% . The overall trading delta against the current closing price is 7.83% . |
Adtalem Global Education Fundamentals Correlations and Trends
By evaluating Adtalem Global'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 Adtalem Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adtalem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Adtalem Global Stock history
Adtalem Global 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 Adtalem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adtalem Global Education 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 Adtalem Global stock prices may prove useful in developing a viable investing in Adtalem Global
Adtalem Global Education Inc. provides workforce solutions worldwide. Adtalem Global Education Inc. was incorporated in 1987 and is based in Chicago, Illinois. Adtalem Global operates under Education Training Services classification in the United States and is traded on New York Stock Exchange. It employs 4682 people.
Adtalem Global Stock Technical Analysis
Adtalem Global 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
Adtalem Global Period Price Range
Low | February 20, 2024
| High |
47.00 | 46.00 |
Adtalem Global June 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Adtalem Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adtalem Global shares will generate the highest return on investment. By undertsting and applying Adtalem Global stock market strength indicators, traders can identify Adtalem Global Education entry and exit signals to maximize returns
| Accumulation Distribution | 27801.84 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 46.41 | |||
| Day Typical Price | 46.27 | |||
| Price Action Indicator | (0.91) | |||
| Period Momentum Indicator | 19.2 | |||
| Relative Strength Index | 66.91 |
Adtalem Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adtalem Global's price direction in advance. Along with the technical and fundamental analysis of Adtalem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adtalem 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 | 0.1428 | |||
| Jensen Alpha | 0.4987 | |||
| Total Risk Alpha | 0.4742 | |||
| Sortino Ratio | 0.3177 | |||
| Treynor Ratio | 0.4075 |
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Complementary Tools for Adtalem Stock analysis
When running Adtalem Global's price analysis, check to measure Adtalem Global'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 Adtalem Global is operating at the current time. Most of Adtalem Global's value examination focuses on studying past and present price action to predict the probability of Adtalem Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adtalem Global's price. Additionally, you may evaluate how the addition of Adtalem Global to your portfolios can decrease your overall portfolio volatility.
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