Quest Diagnostics Incorporated Stock Price on January 8, 2018
DGX Stock | USD 125.91 1.07 0.84% |
Below is the normalized historical share price chart for Quest Diagnostics Incorporated extending back to December 17, 1996. 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 Quest Diagnostics stands at 125.91, as last reported on the 19th of April, with the highest price reaching 127.34 and the lowest price hitting 125.42 during the day.
If you're considering investing in Quest Stock, it is important to understand the factors that can impact its price. Quest Diagnostics maintains Sharpe Ratio (i.e., Efficiency) of -0.0399, which implies the firm had a -0.0399% return per unit of risk over the last 3 months. Quest Diagnostics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quest Diagnostics' Variance of 1.21, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,436) to confirm the risk estimate we provide.
Common Stock Shares Outstanding is likely to rise to about 128 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 3.9 B in 2024. . At this time, Quest Diagnostics' Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 3.00 in 2024, whereas Price To Sales Ratio is likely to drop 1.13 in 2024. Quest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of December 1996 | 200 Day MA 131.3767 | 50 Day MA 128.2208 | Beta 0.893 |
Quest |
Sharpe Ratio = -0.0399
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Estimated Market Risk
1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Quest Diagnostics is not performing at its full potential. However, 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 Quest Diagnostics by adding Quest Diagnostics to a well-diversified portfolio.
Price Book 2.2632 | Enterprise Value Ebitda 11.0197 | Price Sales 1.5428 | Shares Float 109.7 M | Dividend Share 2.84 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Quest Diagnostics Stock history
Quest Diagnostics 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 Quest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quest Diagnostics 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 Quest Diagnostics stock prices may prove useful in developing a viable investing in Quest Diagnostics
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 113 M | 128 M | |
Net Income Applicable To Common Shares | 1.1 B | 758.9 M |
Quest Diagnostics Stock Technical Analysis
Quest Diagnostics 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
Quest Diagnostics Period Price Range
Quest Diagnostics April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Quest Diagnostics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quest Diagnostics shares will generate the highest return on investment. By undertsting and applying Quest Diagnostics stock market strength indicators, traders can identify Quest Diagnostics Incorporated entry and exit signals to maximize returns
Accumulation Distribution | 0.0151 | |||
Daily Balance Of Power | (0.56) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 126.38 | |||
Day Typical Price | 126.22 | |||
Market Facilitation Index | 1.92 | |||
Price Action Indicator | (1.01) | |||
Period Momentum Indicator | (1.07) |
Quest Diagnostics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quest Diagnostics' price direction in advance. Along with the technical and fundamental analysis of Quest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quest 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 | (0.04) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | 0.8981 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Quest Diagnostics Incorporated. 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 Quest Diagnostics information on this page should be used as a complementary analysis to other Quest Diagnostics' 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Quest Stock analysis
When running Quest Diagnostics' price analysis, check to measure Quest Diagnostics' 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 Quest Diagnostics is operating at the current time. Most of Quest Diagnostics' value examination focuses on studying past and present price action to predict the probability of Quest Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Diagnostics' price. Additionally, you may evaluate how the addition of Quest Diagnostics to your portfolios can decrease your overall portfolio volatility.
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Is Quest Diagnostics' 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 Quest Diagnostics. If investors know Quest 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 Quest Diagnostics 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 0.868 | Dividend Share 2.84 | Earnings Share 7.49 | Revenue Per Share 82.607 | Quarterly Revenue Growth (0.02) |
The market value of Quest Diagnostics is measured differently than its book value, which is the value of Quest that is recorded on the company's balance sheet. Investors also form their own opinion of Quest Diagnostics' value that differs from its market value or its book value, called intrinsic value, which is Quest Diagnostics' 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 Quest Diagnostics' market value can be influenced by many factors that don't directly affect Quest Diagnostics' 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 Quest Diagnostics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Quest Diagnostics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quest Diagnostics' 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.