Definitive Healthcare Corp Stock Price on November 15, 2021
| DH Stock | USD 7.33 0.27 3.82% |
If you're considering investing in Definitive Stock, it is important to understand the factors that can impact its price. As of today, the current price of Definitive Healthcare stands at 7.33, as last reported on the 23rd of April, with the highest price reaching 7.35 and the lowest price hitting 7.02 during the day. Definitive Healthcare secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Definitive Healthcare Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Definitive Healthcare's Standard Deviation of 3.08, variance of 9.49, and Mean Deviation of 2.44 to check the risk estimate we provide.
As of now, Definitive Healthcare's Stock Based Compensation To Revenue is increasing as compared to previous years. . The current Price To Sales Ratio is estimated to decrease to 4.24. The current Price Earnings Ratio is estimated to decrease to -5.82. Definitive Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Definitive |
Sharpe Ratio = -0.1122
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DH |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Definitive Healthcare 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 Definitive Healthcare by adding Definitive Healthcare to a well-diversified portfolio.
Price Book 1.0051 | Enterprise Value Ebitda (3.42) | Price Sales 3.4435 | Shares Float 53.2 M | Wall Street Target Price 10.4 |
Definitive Healthcare Valuation on November 15, 2021
It is possible to determine the worth of Definitive Healthcare on a given historical date. On November 15, 2021 Definitive was worth 25.15 at the beginning of the trading date compared to the closed value of 25.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Definitive Healthcare stock. Still, in general, we apply an absolute valuation method to find Definitive Healthcare'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 Definitive Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Definitive Healthcare's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 25.15 | 26.34 | 24.64 | 25.91 | 422,400 |
| 25.46 | 26.60 | 25.01 | 25.98 | 417,600 |
| Backtest Definitive Healthcare | | | Definitive Healthcare History | | | Definitive Healthcare Valuation | Next |
Definitive Healthcare Trading Date Momentum on November 15, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Definitive Healthcare Fundamentals Correlations and Trends
By evaluating Definitive Healthcare'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 Definitive Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Definitive financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Definitive Healthcare Stock history
Definitive Healthcare 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 Definitive is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Definitive Healthcare 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 Definitive Healthcare stock prices may prove useful in developing a viable investing in Definitive Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 112.8 M | 89.1 M | |
| Net Loss | -6.9 M | -7.3 M |
Definitive Healthcare Stock Technical Analysis
Definitive Healthcare 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
Definitive Healthcare Period Price Range
Low | April 7, 2022
| High |
25.15 | 25.91 |
Definitive Healthcare April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Definitive Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Definitive Healthcare shares will generate the highest return on investment. By undertsting and applying Definitive Healthcare stock market strength indicators, traders can identify Definitive Healthcare Corp entry and exit signals to maximize returns
| Accumulation Distribution | 27261.96 | |||
| Daily Balance Of Power | 0.4471 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 25.49 | |||
| Day Typical Price | 25.63 | |||
| Price Action Indicator | 0.8 | |||
| Period Momentum Indicator | (18.58) |
Definitive Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Definitive Healthcare's price direction in advance. Along with the technical and fundamental analysis of Definitive Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Definitive 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 | (0.44) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.11) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Definitive Healthcare Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Definitive Healthcare information on this page should be used as a complementary analysis to other Definitive Healthcare'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Definitive Stock analysis
When running Definitive Healthcare's price analysis, check to measure Definitive Healthcare'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 Definitive Healthcare is operating at the current time. Most of Definitive Healthcare's value examination focuses on studying past and present price action to predict the probability of Definitive Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Definitive Healthcare's price. Additionally, you may evaluate how the addition of Definitive Healthcare to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Commodity Directory Find actively traded commodities issued by global exchanges |
Is Definitive Healthcare'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 Definitive Healthcare. If investors know Definitive 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 Definitive Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.79) | Revenue Per Share 2.23 | Quarterly Revenue Growth 0.088 | Return On Assets (0.01) | Return On Equity (0.22) |
The market value of Definitive Healthcare is measured differently than its book value, which is the value of Definitive that is recorded on the company's balance sheet. Investors also form their own opinion of Definitive Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Definitive Healthcare'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 Definitive Healthcare's market value can be influenced by many factors that don't directly affect Definitive Healthcare'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 Definitive Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Definitive Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Definitive Healthcare'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.