Healthcare Services Group Stock Price on July 26, 2023
| HCSG Stock | USD 11.70 0.12 1.04% |
Below is the normalized historical share price chart for Healthcare Services Group extending back to November 05, 1984. 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 Healthcare Services stands at 11.70, as last reported on the 19th of April, with the highest price reaching 11.78 and the lowest price hitting 11.57 during the day.
If you're considering investing in Healthcare Stock, it is important to understand the factors that can impact its price. Healthcare Services appears to be somewhat reliable, given 3 months investment horizon. Healthcare Services holds Efficiency (Sharpe) Ratio of 0.0888, which attests that the entity had a 0.0888% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Healthcare Services, which you can use to evaluate the volatility of the firm. Please utilize Healthcare Services' risk adjusted performance of 0.0643, and Market Risk Adjusted Performance of 0.1412 to validate if our risk estimates are consistent with your expectations.
At this time, Healthcare Services' Other Stockholder Equity is most likely to increase significantly in the upcoming years. The Healthcare Services' current Capital Stock is estimated to increase to about 834.5 K, while Common Stock Total Equity is projected to decrease to roughly 560.9 K. . At this time, Healthcare Services' Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years. The Healthcare Services' current Price To Book Ratio is estimated to increase to 2.84, while Price To Operating Cash Flows Ratio is projected to decrease to 16.82. Healthcare Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 11.2416 | 50 Day MA 11.8778 | Beta 0.485 |
Healthcare |
Sharpe Ratio = 0.0888
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Estimated Market Risk
| 3.74 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Healthcare Services is performing at about 6% 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 Healthcare Services by adding it to a well-diversified portfolio.
Price Book 1.8742 | Enterprise Value Ebitda 9.8935 | Price Sales 0.512 | Shares Float 68.8 M | Wall Street Target Price 14.5 |
Healthcare Services Valuation on July 26, 2023
It is possible to determine the worth of Healthcare Services on a given historical date. On July 26, 2023 Healthcare was worth 13.84 at the beginning of the trading date compared to the closed value of 12.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Healthcare Services stock. Still, in general, we apply an absolute valuation method to find Healthcare Services' 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 Healthcare Services where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Healthcare Services' related companies.
| Open | High | Low | Close | Volume | |
| 14.60 | 14.81 | 14.49 | 14.69 | 748,041 | |
07/26/2023 | 13.84 | 13.87 | 12.29 | 12.56 | 2,945,883 |
| 12.51 | 12.67 | 12.20 | 12.50 | 1,502,590 |
| Backtest Healthcare Services | | | Healthcare Services History | | | Healthcare Services Valuation | Previous | Next |
Healthcare Services Trading Date Momentum on July 26, 2023
| On July 27 2023 Healthcare Services Group was traded for 12.50 at the closing time. The top price for the day was 12.67 and the lowest listed price was 12.20 . The trading volume for the day was 1.5 M. The trading history from July 27, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.48% . The trading delta at closing time against the current closing price is 2.07% . |
Healthcare Services Fundamentals Correlations and Trends
By evaluating Healthcare Services' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Healthcare Services' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Healthcare financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Healthcare Services Stock history
Healthcare Services 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 Healthcare is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Healthcare Services 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 Healthcare Services stock prices may prove useful in developing a viable investing in Healthcare Services
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 74.3 M | 69.2 M | |
| Net Income Applicable To Common Shares | 39.8 M | 43.7 M |
Healthcare Services Quarterly Net Working Capital |
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Healthcare Services Stock Technical Analysis
Healthcare Services 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
Healthcare Services Period Price Range
Low | July 26, 2023
| High |
13.84 | 12.56 |
Healthcare Services April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Healthcare Services stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Healthcare Services shares will generate the highest return on investment. By undertsting and applying Healthcare Services stock market strength indicators, traders can identify Healthcare Services Group entry and exit signals to maximize returns
| Accumulation Distribution | 335580.0 | |||
| Daily Balance Of Power | (0.81) | |||
| Rate Of Daily Change | 0.91 | |||
| Day Median Price | 13.08 | |||
| Day Typical Price | 12.91 | |||
| Price Action Indicator | (1.16) | |||
| Period Momentum Indicator | (0.86) |
Healthcare Services Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Healthcare Services' price direction in advance. Along with the technical and fundamental analysis of Healthcare Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Healthcare 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 | 0.0643 | |||
| Jensen Alpha | 0.1791 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1668 | |||
| Treynor Ratio | 0.1312 |
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| 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 Healthcare Services Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Healthcare Stock analysis
When running Healthcare Services' price analysis, check to measure Healthcare Services' 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 Healthcare Services is operating at the current time. Most of Healthcare Services' value examination focuses on studying past and present price action to predict the probability of Healthcare Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare Services' price. Additionally, you may evaluate how the addition of Healthcare Services to your portfolios can decrease your overall portfolio volatility.
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Is Healthcare Services' 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 Healthcare Services. If investors know Healthcare 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 Healthcare Services 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 0.458 | Earnings Share 0.52 | Revenue Per Share 22.499 | Return On Assets 0.0397 | Return On Equity 0.0877 |
The market value of Healthcare Services is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Services' value that differs from its market value or its book value, called intrinsic value, which is Healthcare Services' 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 Healthcare Services' market value can be influenced by many factors that don't directly affect Healthcare Services' 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 Healthcare Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Services' 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.