Resmed Inc Stock Price on May 13, 2015
| RMD Stock | USD 185.09 0.77 0.41% |
Below is the normalized historical share price chart for ResMed Inc extending back to June 02, 1995. 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 ResMed stands at 185.09, as last reported on the 16th of April 2024, with the highest price reaching 189.29 and the lowest price hitting 184.78 during the day.
If you're considering investing in ResMed Stock, it is important to understand the factors that can impact its price. We consider ResMed very steady. ResMed Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.0762, which implies the firm had a 0.0762% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ResMed Inc, which you can use to evaluate the volatility of the company. Please check ResMed's Semi Deviation of 1.6, risk adjusted performance of 0.0347, and Coefficient Of Variation of 2249.31 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
At present, ResMed's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 140.6 M, whereas Common Stock Total Equity is forecasted to decline to about 417 K. . The current year's Price Earnings To Growth Ratio is expected to grow to 2.95, whereas Price To Sales Ratio is forecasted to decline to 4.25. ResMed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of June 1995 | 200 Day MA 173.9111 | 50 Day MA 187.0276 | Beta 0.673 |
ResMed |
Sharpe Ratio = 0.0762
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Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average ResMed is performing at about 5% 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 ResMed by adding it to a well-diversified portfolio.
Price Book 6.0997 | Enterprise Value Ebitda 19.943 | Price Sales 6.0696 | Shares Float 145.6 M | Dividend Share 1.84 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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About ResMed Stock history
ResMed 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 ResMed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ResMed Inc 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 ResMed stock prices may prove useful in developing a viable investing in ResMed
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 169.6 M | 147.3 M | |
| Net Income Applicable To Common Shares | 1 B | 1.1 B |
ResMed Quarterly Net Working Capital |
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ResMed Stock Technical Analysis
ResMed 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
ResMed Period Price Range
ResMed April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how ResMed stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ResMed shares will generate the highest return on investment. By undertsting and applying ResMed stock market strength indicators, traders can identify ResMed Inc entry and exit signals to maximize returns
| Accumulation Distribution | 0.0238 | |||
| Daily Balance Of Power | (0.17) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 187.04 | |||
| Day Typical Price | 186.39 | |||
| Market Facilitation Index | 4.51 | |||
| Price Action Indicator | (2.33) | |||
| Period Momentum Indicator | (0.77) |
ResMed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ResMed's price direction in advance. Along with the technical and fundamental analysis of ResMed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ResMed 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 | 0.0347 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0152 | |||
| Treynor Ratio | 0.0482 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ResMed Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for ResMed Stock analysis
When running ResMed's price analysis, check to measure ResMed'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 ResMed is operating at the current time. Most of ResMed's value examination focuses on studying past and present price action to predict the probability of ResMed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ResMed's price. Additionally, you may evaluate how the addition of ResMed to your portfolios can decrease your overall portfolio volatility.
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Is ResMed'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 ResMed. If investors know ResMed 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 ResMed 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 (0.07) | Dividend Share 1.84 | Earnings Share 6.04 | Revenue Per Share 30.633 | Quarterly Revenue Growth 0.125 |
The market value of ResMed Inc is measured differently than its book value, which is the value of ResMed that is recorded on the company's balance sheet. Investors also form their own opinion of ResMed's value that differs from its market value or its book value, called intrinsic value, which is ResMed'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 ResMed's market value can be influenced by many factors that don't directly affect ResMed'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 ResMed's value and its price as these two are different measures arrived at by different means. Investors typically determine if ResMed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ResMed'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.