Boston Scientific Corp Stock Price on May 7, 2024

BSX Stock  USD 83.92  0.21  0.25%   
Below is the normalized historical share price chart for Boston Scientific Corp extending back to May 19, 1992. 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 Boston Scientific stands at 83.92, as last reported on the 21st of September, with the highest price reaching 84.05 and the lowest price hitting 83.10 during the day.
IPO Date
18th of May 1992
200 Day MA
70.2575
50 Day MA
78.4948
Beta
0.797
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Boston Stock, it is important to understand the factors that can impact its price. At this stage we consider Boston Stock to be very steady. Boston Scientific Corp secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Boston Scientific Corp, which you can use to evaluate the volatility of the firm. Please confirm Boston Scientific's Risk Adjusted Performance of 0.1103, downside deviation of 1.35, and Mean Deviation of 0.8276 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
  
At this time, Boston Scientific's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 36.6 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.2 B in 2024. . At this time, Boston Scientific's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.40 in 2024, whereas Price To Sales Ratio is likely to drop 4.58 in 2024. Boston Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1311

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Estimated Market Risk

 1.14
  actual daily
10
90% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Boston Scientific is performing at about 10% 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 Boston Scientific by adding it to a well-diversified portfolio.
Price Book
5.9687
Enterprise Value Ebitda
35.5409
Price Sales
8.0947
Shares Float
1.5 B
Wall Street Target Price
87.94

Boston Scientific Valuation on May 7, 2024

It is possible to determine the worth of Boston Scientific on a given historical date. On May 7, 2024 Boston was worth 72.7 at the beginning of the trading date compared to the closed value of 73.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Boston Scientific stock. Still, in general, we apply an absolute valuation method to find Boston Scientific'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 Boston Scientific where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Boston Scientific's related companies.
 Open High Low Close Volume
  73.04    73.27    72.42    72.55    4,922,960  
05/07/2024
  72.70    73.50    72.62    73.43    4,151,544  
  73.51    73.66    72.61    72.72    5,054,088  
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Open Value
72.7
73.43
Closing Value
76.11
Upside

Boston Scientific Trading Date Momentum on May 7, 2024

On May 08 2024 Boston Scientific Corp was traded for  72.72  at the closing time. Highest Boston Scientific's price during the trading hours was 73.66  and the lowest price during the day was  72.61 . The net volume was 5.1 M. The overall trading history on the 8th of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.97% . The overall trading delta to current price is 2.06% .

Boston Scientific Corp Fundamentals Correlations and Trends

By evaluating Boston Scientific'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 Boston Scientific's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Boston financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Boston Scientific Stock history

Boston Scientific 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 Boston is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Boston Scientific Corp 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 Boston Scientific stock prices may prove useful in developing a viable investing in Boston Scientific
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.5 B1.2 B
Net Income Applicable To Common Shares738.3 M775.2 M

Boston Scientific Quarterly Net Working Capital

3.42 Billion

Boston Scientific Stock Technical Analysis

Boston Scientific 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 Boston Scientific technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Boston Scientific 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

Boston Scientific Period Price Range

Low
September 21, 2024
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High

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 0.00 

Boston Scientific Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Boston Scientific September 21, 2024 Market Strength

Market strength indicators help investors to evaluate how Boston Scientific stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Boston Scientific shares will generate the highest return on investment. By undertsting and applying Boston Scientific stock market strength indicators, traders can identify Boston Scientific Corp entry and exit signals to maximize returns

Boston Scientific Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Boston Scientific's price direction in advance. Along with the technical and fundamental analysis of Boston Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Boston 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.

Additional Tools for Boston Stock Analysis

When running Boston Scientific's price analysis, check to measure Boston Scientific'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 Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.