Harrow Health Stock Price on April 12, 2021

HROW Stock  USD 13.23  0.50  3.93%   
Below is the normalized historical share price chart for Harrow Health extending back to April 24, 2007. 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 Harrow Health stands at 13.23, as last reported on the 28th of March, with the highest price reaching 13.48 and the lowest price hitting 12.70 during the day.
IPO Date
28th of September 2007
200 Day MA
13.7755
50 Day MA
10.5846
Beta
0.448
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Harrow Stock, it is important to understand the factors that can impact its price. Harrow Health appears to be not too volatile, given 3 months investment horizon. Harrow Health holds Efficiency (Sharpe) Ratio of 0.0938, which attests that the entity had a 0.0938% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Harrow Health, which you can use to evaluate the volatility of the firm. Please utilize Harrow Health's Risk Adjusted Performance of 0.0617, downside deviation of 3.16, and Market Risk Adjusted Performance of 0.4526 to validate if our risk estimates are consistent with your expectations.
  
At this time, Harrow Health's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to climb to about 36.2 K in 2024, whereas Capital Stock is likely to drop slightly above 30.8 K in 2024. . At this time, Harrow Health's Price To Operating Cash Flows Ratio is fairly stable compared to the past year. Price Cash Flow Ratio is likely to climb to 99.89 in 2024, whereas Price Earnings Ratio is likely to drop (15.71) in 2024. Harrow Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0938

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Estimated Market Risk

 3.51
  actual daily
30
70% 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
7
93% of assets perform better
Based on monthly moving average Harrow Health is performing at about 7% 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 Harrow Health by adding it to a well-diversified portfolio.
Price Book
6.2714
Enterprise Value Ebitda
55.4086
Price Sales
3.4169
Shares Float
26.4 M
Wall Street Target Price
26.2

Harrow Health Valuation on April 12, 2021

It is possible to determine the worth of Harrow Health on a given historical date. On April 12, 2021 Harrow was worth 7.33 at the beginning of the trading date compared to the closed value of 7.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Harrow Health stock. Still, in general, we apply an absolute valuation method to find Harrow 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 Harrow Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Harrow Health's related companies.
 Open High Low Close Volume
03/14/2022
  7.33    7.47    7.14    7.22    85,100  
  7.20    7.26    6.93    7.00    29,500  
Backtest Harrow Health  |  Harrow Health History  |  Harrow Health Valuation Next  
Open Value
7.33
7.22
Closing Value
17.85
Upside

Harrow Health Trading Date Momentum on April 12, 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.

Harrow Health Fundamentals Correlations and Trends

By evaluating Harrow 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 Harrow Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Harrow financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Harrow Health Stock history

Harrow 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 Harrow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Harrow 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 Harrow Health stock prices may prove useful in developing a viable investing in Harrow Health
Last ReportedProjected for 2024
Common Stock Shares Outstanding32.6 M34.2 M
Net Loss-12.7 M-12 M

Harrow Health Quarterly Net Working Capital

90.14 Million

Harrow Health Stock Technical Analysis

Harrow 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.
A focus of Harrow Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Harrow Health trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Harrow Health Period Price Range

Low
March 14, 2022
High

 7.33 

  

 7.22 

-0.11-1.5%

Harrow Health March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Harrow 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 Harrow Health shares will generate the highest return on investment. By undertsting and applying Harrow Health stock market strength indicators, traders can identify Harrow Health entry and exit signals to maximize returns

Harrow Health Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Harrow Health's price direction in advance. Along with the technical and fundamental analysis of Harrow Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Harrow 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.
When determining whether Harrow Health is a strong investment it is important to analyze Harrow Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Harrow Health's future performance. For an informed investment choice regarding Harrow Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harrow 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 persons.
For more information on how to buy Harrow Stock please use our How to Invest in Harrow Health guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Harrow Stock analysis

When running Harrow Health's price analysis, check to measure Harrow 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 Harrow Health is operating at the current time. Most of Harrow Health's value examination focuses on studying past and present price action to predict the probability of Harrow 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 Harrow Health's price. Additionally, you may evaluate how the addition of Harrow Health to your portfolios can decrease your overall portfolio volatility.
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Is Harrow 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 Harrow Health. If investors know Harrow 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 Harrow Health 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
(0.64)
Earnings Share
(0.75)
Revenue Per Share
3.992
Quarterly Revenue Growth
0.788
Return On Assets
0.0022
The market value of Harrow Health is measured differently than its book value, which is the value of Harrow that is recorded on the company's balance sheet. Investors also form their own opinion of Harrow Health's value that differs from its market value or its book value, called intrinsic value, which is Harrow 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 Harrow Health's market value can be influenced by many factors that don't directly affect Harrow 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 Harrow Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harrow Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harrow 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.