Adtalem Global Education Stock Price on April 8, 2024
ATGE Stock | USD 65.37 0.75 1.13% |
Below is the normalized historical share price chart for Adtalem Global Education extending back to June 21, 1991. 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 Adtalem Global stands at 65.37, as last reported on the 23rd of May, with the highest price reaching 66.57 and the lowest price hitting 65.18 during the day.
If you're considering investing in Adtalem Stock, it is important to understand the factors that can impact its price. Adtalem Global appears to be very steady, given 3 months investment horizon. Adtalem Global Education secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% 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 0.55% is justified by implied risk. Please makes use of Adtalem Global's Risk Adjusted Performance of 0.1457, mean deviation of 1.35, and Downside Deviation of 1.45 to double-check if our risk estimates are consistent with your expectations.
At present, Adtalem Global's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 3.4 B, whereas Common Stock Total Equity is forecasted to decline to about 820.7 K. . At present, Adtalem Global's Price Sales Ratio is projected to increase slightly based on the last few years of reporting. Adtalem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of June 1991 | 200 Day MA 51.2249 | 50 Day MA 53.1306 | Beta 0.919 |
Adtalem |
Sharpe Ratio = 0.2325
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Estimated Market Risk
2.36 actual daily | 20 80% of assets are more volatile |
Expected Return
0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Adtalem Global is performing at about 18% 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.
Price Book 1.3238 | Enterprise Value Ebitda 7.8638 | Price Sales 1.2119 | Shares Float 37 M | Wall Street Target Price 68.33 |
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Strategic Education Headline on 8th of April 2024
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Adtalem Global Valuation on April 8, 2024
It is possible to determine the worth of Adtalem Global on a given historical date. On April 8, 2024 Adtalem was worth 50.79 at the beginning of the trading date compared to the closed value of 49.59. 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 | |
50.70 | 51.31 | 50.58 | 50.62 | 342,818 | |
04/08/2024 | 50.79 | 50.86 | 49.35 | 49.59 | 335,374 |
49.59 | 49.89 | 48.42 | 48.46 | 315,120 |
Backtest Adtalem Global | | | Adtalem Global History | | | Adtalem Global Valuation | Previous | Next |
Adtalem Global Trading Date Momentum on April 8, 2024
On April 09 2024 Adtalem Global Education was traded for 48.46 at the closing time. The top price for the day was 49.89 and the lowest listed price was 48.42 . The trading volume for the day was 315.1 K. The trading history from April 9, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.28% . The overall trading delta against the current closing price is 6.86% . |
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
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 52.4 M | 68.3 M | |
Net Income Applicable To Common Shares | 107.4 M | 115.1 M |
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 | April 8, 2024
| High |
50.79 | 49.59 |
Adtalem Global May 23, 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 | 9957.03 | |||
Daily Balance Of Power | (0.79) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 50.11 | |||
Day Typical Price | 49.93 | |||
Price Action Indicator | (1.11) | |||
Period Momentum Indicator | 15.78 | |||
Relative Strength Index | 75.73 |
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 | 0.1457 | |||
Jensen Alpha | 0.4587 | |||
Total Risk Alpha | 0.2739 | |||
Sortino Ratio | 0.3326 | |||
Treynor Ratio | 0.413 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adtalem Global Education. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Adtalem Global Education information on this page should be used as a complementary analysis to other Adtalem Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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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Is Adtalem Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adtalem Global. If investors know Adtalem will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adtalem Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.08) | Earnings Share 2.66 | Revenue Per Share 37.708 | Quarterly Revenue Growth 0.118 | Return On Assets 0.0552 |
The market value of Adtalem Global Education is measured differently than its book value, which is the value of Adtalem that is recorded on the company's balance sheet. Investors also form their own opinion of Adtalem Global's value that differs from its market value or its book value, called intrinsic value, which is Adtalem Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adtalem Global's market value can be influenced by many factors that don't directly affect Adtalem Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adtalem Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adtalem Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adtalem Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.