Health Catalyst Stock Price on May 3, 2024
| HCAT Stock | USD 6.63 0.12 1.84% |
Below is the normalized historical share price chart for Health Catalyst extending back to July 25, 2019. 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 Health Catalyst stands at 6.63, as last reported on the 2nd of June, with the highest price reaching 6.65 and the lowest price hitting 6.41 during the day.
If you're considering investing in Health Stock, it is important to understand the factors that can impact its price. Health Catalyst holds Efficiency (Sharpe) Ratio of -0.0852, which attests that the entity had a -0.0852% return per unit of standard deviation over the last 3 months. Health Catalyst exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Health Catalyst's risk adjusted performance of (0.04), and Market Risk Adjusted Performance of (0.13) to validate the risk estimate we provide.
At this time, Health Catalyst's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 1.6 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 532.3 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.25 in 2024, whereas Price To Sales Ratio is likely to drop 1.68 in 2024. Health Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of July 2019 | 200 Day MA 8.5469 | 50 Day MA 6.5823 | Beta 1.318 |
Health |
Sharpe Ratio = -0.0852
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| Negative Returns | HCAT |
Estimated Market Risk
| 3.35 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Health Catalyst 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 Health Catalyst by adding Health Catalyst to a well-diversified portfolio.
Price Book 0.9704 | Enterprise Value Ebitda (4.21) | Price Sales 1.2051 | Shares Float 57.3 M | Wall Street Target Price 11.62 |
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Health Catalyst Valuation on May 3, 2024
It is possible to determine the worth of Health Catalyst on a given historical date. On May 3, 2024 Health was worth 6.67 at the beginning of the trading date compared to the closed value of 6.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Health Catalyst stock. Still, in general, we apply an absolute valuation method to find Health Catalyst'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 Health Catalyst where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Health Catalyst's related companies.
| Open | High | Low | Close | Volume | |
| 6.43 | 6.62 | 6.16 | 6.54 | 814,394 | |
05/03/2024 | 6.67 | 6.80 | 6.36 | 6.48 | 350,508 |
| 6.57 | 7.00 | 6.49 | 6.95 | 775,352 |
| Backtest Health Catalyst | | | Health Catalyst History | | | Health Catalyst Valuation | Previous | Next |
Health Catalyst Trading Date Momentum on May 3, 2024
| On May 06 2024 Health Catalyst was traded for 6.95 at the closing time. The top price for the day was 7.00 and the lowest listed price was 6.49 . The trading volume for the day was 775.4 K. The trading history from May 6, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 7.25% . The trading delta at closing time against the current closing price is 0.93% . |
Health Catalyst Fundamentals Correlations and Trends
By evaluating Health Catalyst'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 Health Catalyst's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Health financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Health Catalyst Stock history
Health Catalyst 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 Health is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Health Catalyst 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 Health Catalyst stock prices may prove useful in developing a viable investing in Health Catalyst
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 56.4 M | 42.7 M | |
| Net Loss | -123.7 M | -129.8 M |
Health Catalyst Quarterly Net Working Capital |
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Health Catalyst Stock Technical Analysis
Health Catalyst 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
Health Catalyst Period Price Range
Low | May 3, 2024
| High |
6.67 | 6.48 |
Health Catalyst June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Health Catalyst stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Health Catalyst shares will generate the highest return on investment. By undertsting and applying Health Catalyst stock market strength indicators, traders can identify Health Catalyst entry and exit signals to maximize returns
Health Catalyst Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Health Catalyst's price direction in advance. Along with the technical and fundamental analysis of Health Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Health 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 | (0.34) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.14) |
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Health Catalyst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Health Stock please use our How to Invest in Health Catalyst guide.Note that the Health Catalyst information on this page should be used as a complementary analysis to other Health Catalyst'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Health Stock analysis
When running Health Catalyst's price analysis, check to measure Health Catalyst'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 Health Catalyst is operating at the current time. Most of Health Catalyst's value examination focuses on studying past and present price action to predict the probability of Health Catalyst's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Health Catalyst's price. Additionally, you may evaluate how the addition of Health Catalyst to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |
Is Health Catalyst'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 Health Catalyst. If investors know Health 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 Health Catalyst listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.84) | Revenue Per Share 5.189 | Quarterly Revenue Growth 0.012 | Return On Assets (0.07) | Return On Equity (0.28) |
The market value of Health Catalyst is measured differently than its book value, which is the value of Health that is recorded on the company's balance sheet. Investors also form their own opinion of Health Catalyst's value that differs from its market value or its book value, called intrinsic value, which is Health Catalyst'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 Health Catalyst's market value can be influenced by many factors that don't directly affect Health Catalyst'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 Health Catalyst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Health Catalyst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Health Catalyst'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.