Adtalem Global Education Stock Price on April 12, 2024

ATGE Stock  USD 65.58  0.03  0.05%   
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 65.58, as last reported on the 4th of June, with the highest price reaching 65.58 and the lowest price hitting 65.58 during the day.
IPO Date
21st of June 1991
200 Day MA
51.9628
50 Day MA
55.3362
Beta
0.919
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.22, 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 0.53% is justified by implied risk. Please makes use of Adtalem Global's Downside Deviation of 1.52, risk adjusted performance of 0.1272, and Mean Deviation of 1.37 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.

Sharpe Ratio = 0.2209

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Estimated Market Risk

 2.4
  actual daily
21
79% of assets are more volatile

Expected Return

 0.53
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average Adtalem Global is performing at about 17% 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

Adtalem Global Main Headline on 12th of April 2024

ATGE vs. STRA Which Stock Is the Better Value Option

Adtalem Global Valuation on April 12, 2024

It is possible to determine the worth of Adtalem Global on a given historical date. On April 12, 2024 Adtalem was worth 47.01 at the beginning of the trading date compared to the closed value of 46.26. 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
  47.09    47.63    46.83    47.16    382,347  
04/12/2024
  47.01    47.01    45.97    46.26    343,670  
  46.48    46.65    45.32    45.59    564,613  
Backtest Adtalem Global  |  Adtalem Global History  |  Adtalem Global Valuation   PreviousNext  
Open Value
47.01
46.26
Closing Value
54.20
Upside

Adtalem Global Trading Date Momentum on April 12, 2024

On April 15 2024 Adtalem Global Education was traded for  45.59  at the closing time. The top price for the day was 46.65  and the lowest listed price was  45.32 . The trading volume for the day was 564.6 K. The trading history from April 15, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.45% . The overall trading delta against the current closing price is 0.26% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding52.4 M68.3 M
Net Income Applicable To Common Shares107.4 M115.1 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.
A focus of Adtalem Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Adtalem Global 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

Adtalem Global Period Price Range

Low
April 12, 2024
-0.75  -1.6%
High

 47.01 

     

 46.26 

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

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.

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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