Harrow Health Stock Price on October 8, 2021
| HROW Stock | USD 10.45 0.40 3.69% |
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 10.45, as last reported on the 19th of April, with the highest price reaching 10.89 and the lowest price hitting 10.28 during the day.
If you're considering investing in Harrow Stock, it is important to understand the factors that can impact its price. We consider Harrow Health not too volatile. Harrow Health holds Efficiency (Sharpe) Ratio of 0.0474, which attests that the entity had a 0.0474% 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 check out Harrow Health's Market Risk Adjusted Performance of 0.1988, downside deviation of 3.25, and Risk Adjusted Performance of 0.0477 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
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 To Sales Ratio is likely to drop 2.67 in 2024. Harrow Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of September 2007 | 200 Day MA 13.2824 | 50 Day MA 11.5524 | Beta 0.5 |
Harrow |
Sharpe Ratio = 0.0474
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Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Harrow Health is performing at about 3% 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 6.3264 | Enterprise Value Ebitda 55.7994 | Price Sales 3.436 | Shares Float 26.5 M | Wall Street Target Price 25.65 |
Harrow Health Valuation on October 8, 2021
It is possible to determine the worth of Harrow Health on a given historical date. On October 8, 2021 Harrow was worth 6.81 at the beginning of the trading date compared to the closed value of 7.09. 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 | |
04/04/2022 | 6.81 | 7.09 | 6.81 | 7.09 | 45,300 |
| 7.09 | 7.09 | 6.82 | 7.00 | 15,300 |
| Backtest Harrow Health | | | Harrow Health History | | | Harrow Health Valuation | Next |
Harrow Health Trading Date Momentum on October 8, 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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 32.6 M | 34.2 M | |
| Net Loss | -12.7 M | -12 M |
Harrow Health Quarterly Net Working Capital |
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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.
Price Boundaries
Harrow Health Period Price Range
Low | April 4, 2022
| High |
6.81 | 7.09 |
Harrow Health April 19, 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
| Accumulation Distribution | 1789.0 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 6.95 | |||
| Day Typical Price | 7.0 | |||
| Price Action Indicator | 0.28 | |||
| Period Momentum Indicator | 3.36 |
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.
| Risk Adjusted Performance | 0.0477 | |||
| Jensen Alpha | 0.147 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0475 | |||
| Treynor Ratio | 0.1888 |
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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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.