Guardant Health Stock Price on February 28, 2022
| GH Stock | USD 23.76 1.39 6.21% |
Below is the normalized historical share price chart for Guardant Health extending back to October 04, 2018. 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 Guardant Health stands at 23.76, as last reported on the 13th of May 2024, with the highest price reaching 23.76 and the lowest price hitting 20.53 during the day.
If you're considering investing in Guardant Stock, it is important to understand the factors that can impact its price. Guardant Health appears to be not too volatile, given 3 months investment horizon. Guardant Health holds Efficiency (Sharpe) Ratio of 0.0593, which attests that the entity had a 0.0593% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Guardant Health, which you can use to evaluate the volatility of the firm. Please utilize Guardant Health's risk adjusted performance of 0.0248, and Market Risk Adjusted Performance of 0.0569 to validate if our risk estimates are consistent with your expectations.
As of now, Guardant Health's Sale Purchase Of Stock is increasing as compared to previous years. The Guardant Health's current Issuance Of Capital Stock is estimated to increase to about 517.8 M, while Total Stockholder Equity is projected to decrease to under 150.7 M. . The Guardant Health's current Price Earnings To Growth Ratio is estimated to increase to 0.20, while Price To Sales Ratio is projected to decrease to 5.10. Guardant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of October 2018 | 200 Day MA 25.4331 | 50 Day MA 18.3918 | Beta 0.921 |
Guardant |
Sharpe Ratio = 0.0593
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Estimated Market Risk
| 4.56 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Guardant Health is performing at about 4% 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 Guardant Health by adding it to a well-diversified portfolio.
Price Book 14.0057 | Enterprise Value Ebitda (5.56) | Price Sales 3.9409 | Shares Float 109.8 M | Wall Street Target Price 36.65 |
Guardant Health Valuation on February 28, 2022
It is possible to determine the worth of Guardant Health on a given historical date. On February 28, 2022 Guardant was worth 61.98 at the beginning of the trading date compared to the closed value of 62.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guardant Health stock. Still, in general, we apply an absolute valuation method to find Guardant Health'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 Guardant Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guardant Health's related companies.
| Open | High | Low | Close | Volume | |
05/02/2022 | 61.98 | 63.98 | 59.51 | 62.21 | 1,193,100 |
| 61.82 | 63.90 | 53.77 | 54.66 | 2,437,600 |
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Guardant Health Trading Date Momentum on February 28, 2022
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.Guardant Health Fundamentals Correlations and Trends
By evaluating Guardant Health'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 Guardant Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guardant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guardant Health Stock history
Guardant Health 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 Guardant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guardant Health 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 Guardant Health stock prices may prove useful in developing a viable investing in Guardant Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 112 M | 92.9 M | |
| Net Loss | -589.1 M | -559.7 M |
Guardant Health Quarterly Net Working Capital |
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Guardant Health Stock Technical Analysis
Guardant Health 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
Guardant Health Period Price Range
Low | May 2, 2022
| High |
61.98 | 62.21 |
Guardant Health May 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Guardant Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guardant Health shares will generate the highest return on investment. By undertsting and applying Guardant Health stock market strength indicators, traders can identify Guardant Health entry and exit signals to maximize returns
| Accumulation Distribution | 83356.63 | |||
| Daily Balance Of Power | 0.0515 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 61.75 | |||
| Day Typical Price | 61.9 | |||
| Price Action Indicator | 0.58 | |||
| Period Momentum Indicator | (38.45) |
Guardant Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guardant Health's price direction in advance. Along with the technical and fundamental analysis of Guardant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guardant 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 | 0.0248 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0089 | |||
| Treynor Ratio | 0.0469 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. 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. For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.Note that the Guardant Health information on this page should be used as a complementary analysis to other Guardant Health'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Guardant Stock analysis
When running Guardant Health's price analysis, check to measure Guardant Health'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 Guardant Health is operating at the current time. Most of Guardant Health's value examination focuses on studying past and present price action to predict the probability of Guardant Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardant Health's price. Additionally, you may evaluate how the addition of Guardant Health to your portfolios can decrease your overall portfolio volatility.
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Is Guardant Health'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 Guardant Health. If investors know Guardant 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 Guardant Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.92) | Revenue Per Share 5.171 | Quarterly Revenue Growth 0.309 | Return On Assets (0.17) | Return On Equity (38.84) |
The market value of Guardant Health is measured differently than its book value, which is the value of Guardant that is recorded on the company's balance sheet. Investors also form their own opinion of Guardant Health's value that differs from its market value or its book value, called intrinsic value, which is Guardant Health'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 Guardant Health's market value can be influenced by many factors that don't directly affect Guardant Health'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 Guardant Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardant Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardant Health'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.