Tenet Healthcare Stock Price History
| THC Stock | USD 98.26 0.40 0.41% |
Below is the normalized historical share price chart for Tenet Healthcare 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 Tenet Healthcare stands at 98.26, as last reported on the 25th of April, with the highest price reaching 99.79 and the lowest price hitting 97.26 during the day.
If you're considering investing in Tenet Stock, it is important to understand the factors that can impact its price. Tenet Healthcare appears to be very steady, given 3 months investment horizon. Tenet Healthcare owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tenet Healthcare, which you can use to evaluate the volatility of the company. Please review Tenet Healthcare's Risk Adjusted Performance of 0.1001, coefficient of variation of 667.3, and Semi Deviation of 1.31 to confirm if our risk estimates are consistent with your expectations.
At present, Tenet Healthcare'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 2.6 B, whereas Total Stockholder Equity is forecasted to decline to about 1.3 B. . At present, Tenet Healthcare's Price Earnings Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 5.64, whereas Price Earnings To Growth Ratio is projected to grow to (0.33). Tenet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of January 1982 | 200 Day MA 77.681 | 50 Day MA 97.205 | Beta 2.136 |
Tenet |
Sharpe Ratio = 0.156
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Tenet Healthcare is performing at about 12% 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 Tenet Healthcare by adding it to a well-diversified portfolio.
Price Book 6.246 | Enterprise Value Ebitda 7.03 | Price Sales 0.4888 | Shares Float 90.9 M | Wall Street Target Price 107.69 |
Tenet Healthcare Stock Price History Chart
There are several ways to analyze Tenet Stock price data. The simplest method is using a basic Tenet candlestick price chart, which shows Tenet Healthcare price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | March 28, 2024 | 105.11 |
| Lowest Price | January 30, 2024 | 82.74 |
Tenet Healthcare April 25, 2024 Stock Price Synopsis
Various analyses of Tenet Healthcare's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Tenet Stock. It can be used to describe the percentage change in the price of Tenet Healthcare from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Tenet Stock.| Tenet Healthcare Price Daily Balance Of Power | 0.16 | |
| Tenet Healthcare Price Action Indicator | (0.06) | |
| Tenet Healthcare Price Rate Of Daily Change | 1.00 | |
| Tenet Healthcare Accumulation Distribution | 23,102 |
Tenet Healthcare April 25, 2024 Stock Price Analysis
Tenet Stock Price History Data
The price series of Tenet Healthcare for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 has a statistical range of 25.46 with a coefficient of variation of 7.55. The price distribution for the period has arithmetic mean of 94.4. The median price for the last 90 days is 94.85. The company completed stock split (1:4) on 11th of October 2012. Tenet Healthcare had dividends distributed to its stock-holders on 2000-03-13.| Open | High | Low | Close | Volume | ||
| 04/24/2024 | 97.86 | 99.79 | 97.26 | 98.26 | 911,215 | |
| 04/23/2024 | 95.60 | 98.41 | 95.60 | 97.86 | 1,276,810 | |
| 04/22/2024 | 94.19 | 95.98 | 93.52 | 94.85 | 1,139,860 | |
| 04/19/2024 | 91.38 | 93.56 | 91.36 | 93.19 | 1,127,374 | |
| 04/18/2024 | 94.00 | 94.10 | 90.03 | 91.08 | 2,381,440 | |
| 04/17/2024 | 98.93 | 99.32 | 95.71 | 96.00 | 1,208,545 | |
| 04/16/2024 | 99.29 | 99.56 | 96.48 | 98.27 | 1,047,308 | |
| 04/15/2024 | 101.89 | 102.40 | 98.58 | 99.40 | 764,131 | |
| 04/12/2024 | 102.05 | 103.70 | 100.01 | 100.44 | 898,660 | |
| 04/11/2024 | 101.68 | 102.14 | 100.12 | 101.82 | 688,814 | |
| 04/10/2024 | 100.27 | 101.91 | 99.69 | 101.10 | 615,769 | |
| 04/09/2024 | 102.26 | 102.60 | 100.53 | 101.81 | 574,563 | |
| 04/08/2024 | 102.37 | 102.71 | 101.64 | 101.84 | 847,166 | |
| 04/05/2024 | 100.69 | 103.39 | 100.21 | 102.18 | 727,281 | |
| 04/04/2024 | 103.97 | 104.38 | 100.51 | 100.71 | 1,047,293 | |
| 04/03/2024 | 102.28 | 103.41 | 101.58 | 103.09 | 651,832 | |
| 04/02/2024 | 102.53 | 103.04 | 100.93 | 102.84 | 1,097,303 | |
| 04/01/2024 | 104.86 | 104.94 | 103.00 | 104.39 | 1,126,038 | |
| 03/28/2024 | 104.97 | 105.64 | 104.09 | 105.11 | 890,790 | |
| 03/27/2024 | 106.49 | 107.80 | 103.64 | 104.87 | 1,455,093 | |
| 03/26/2024 | 102.91 | 103.04 | 102.09 | 102.32 | 540,619 | |
| 03/25/2024 | 102.15 | 103.22 | 102.12 | 102.67 | 537,124 | |
| 03/22/2024 | 103.62 | 104.20 | 101.36 | 102.05 | 638,484 | |
| 03/21/2024 | 103.58 | 104.71 | 102.75 | 103.21 | 815,987 | |
| 03/20/2024 | 102.28 | 102.89 | 100.68 | 102.59 | 773,267 | |
| 03/19/2024 | 100.40 | 102.76 | 100.20 | 102.52 | 1,207,863 | |
| 03/18/2024 | 98.60 | 100.50 | 97.93 | 100.38 | 1,088,483 | |
| 03/15/2024 | 99.18 | 101.65 | 98.00 | 98.80 | 2,956,306 | |
| 03/14/2024 | 100.29 | 101.10 | 99.28 | 100.04 | 1,348,029 | |
| 03/13/2024 | 99.81 | 101.52 | 99.80 | 100.38 | 1,778,202 | |
| 03/12/2024 | 97.00 | 100.09 | 96.37 | 99.96 | 1,466,962 | |
| 03/11/2024 | 97.86 | 98.24 | 94.50 | 97.07 | 1,358,569 | |
| 03/08/2024 | 98.63 | 100.54 | 98.63 | 98.68 | 1,499,741 | |
| 03/07/2024 | 98.09 | 100.07 | 98.09 | 98.16 | 1,690,162 | |
| 03/06/2024 | 95.71 | 98.22 | 94.66 | 97.34 | 1,871,139 | |
| 03/05/2024 | 93.64 | 96.18 | 93.06 | 95.56 | 1,471,086 | |
| 03/04/2024 | 94.74 | 95.43 | 92.68 | 93.70 | 1,078,409 | |
| 03/01/2024 | 93.40 | 95.68 | 93.27 | 94.29 | 1,775,443 | |
| 02/29/2024 | 90.38 | 93.40 | 90.38 | 93.00 | 2,131,283 | |
| 02/28/2024 | 90.05 | 91.15 | 88.98 | 89.22 | 1,276,382 | |
| 02/27/2024 | 91.81 | 91.81 | 89.51 | 90.23 | 1,495,050 | |
| 02/26/2024 | 93.08 | 93.79 | 91.80 | 91.81 | 1,415,736 | |
| 02/23/2024 | 92.65 | 94.16 | 92.50 | 92.80 | 835,575 | |
| 02/22/2024 | 92.39 | 92.90 | 91.87 | 92.38 | 737,803 | |
| 02/21/2024 | 90.72 | 91.66 | 90.50 | 91.46 | 763,165 | |
| 02/20/2024 | 89.93 | 91.45 | 89.18 | 91.17 | 1,002,195 | |
| 02/16/2024 | 89.38 | 91.82 | 88.94 | 90.93 | 1,006,798 | |
| 02/15/2024 | 88.77 | 90.24 | 88.57 | 89.90 | 874,267 | |
| 02/14/2024 | 88.98 | 89.62 | 87.06 | 87.94 | 814,407 | |
| 02/13/2024 | 88.34 | 89.69 | 86.90 | 88.07 | 1,064,743 | |
| 02/12/2024 | 88.09 | 90.59 | 87.43 | 90.54 | 1,189,657 | |
| 02/09/2024 | 89.32 | 90.25 | 87.59 | 88.09 | 1,316,064 | |
| 02/08/2024 | 89.65 | 91.85 | 86.70 | 89.02 | 2,203,924 | |
| 02/07/2024 | 88.85 | 90.19 | 87.97 | 88.11 | 1,175,050 | |
| 02/06/2024 | 90.00 | 90.39 | 87.70 | 88.44 | 1,022,012 | |
| 02/05/2024 | 88.74 | 90.44 | 88.01 | 90.04 | 1,322,581 | |
| 02/02/2024 | 87.99 | 90.01 | 87.36 | 89.33 | 960,802 | |
| 02/01/2024 | 85.03 | 89.88 | 85.03 | 89.11 | 2,594,175 | |
| 01/31/2024 | 82.15 | 84.33 | 82.15 | 82.74 | 906,761 | |
| 01/30/2024 | 85.30 | 86.50 | 82.67 | 82.74 | 1,146,908 | |
| 01/29/2024 | 82.52 | 83.65 | 82.42 | 83.57 | 537,531 |
About Tenet Healthcare Stock history
Tenet Healthcare 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 Tenet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tenet Healthcare 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 Tenet Healthcare stock prices may prove useful in developing a viable investing in Tenet Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 104.8 M | 108.1 M | |
| Net Income Applicable To Common Shares | 369.9 M | 202.1 M |
Tenet Healthcare Quarterly Net Working Capital |
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Tenet Healthcare Stock Technical Analysis
Tenet Healthcare 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.
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Tenet Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tenet Healthcare's price direction in advance. Along with the technical and fundamental analysis of Tenet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tenet 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 | 0.1001 | |||
| Jensen Alpha | 0.129 | |||
| Total Risk Alpha | 0.0146 | |||
| Sortino Ratio | 0.1167 | |||
| Treynor Ratio | 0.1621 |
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| Pattern Recognition | ||
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.Note that the Tenet Healthcare information on this page should be used as a complementary analysis to other Tenet Healthcare'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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Tenet Stock analysis
When running Tenet Healthcare's price analysis, check to measure Tenet Healthcare'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 Tenet Healthcare is operating at the current time. Most of Tenet Healthcare's value examination focuses on studying past and present price action to predict the probability of Tenet Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Healthcare's price. Additionally, you may evaluate how the addition of Tenet Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Tenet Healthcare'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 Tenet Healthcare. If investors know Tenet 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 Tenet Healthcare 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 1.403 | Earnings Share 5.71 | Revenue Per Share 202.166 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0629 |
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare'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 Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare'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 Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare'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.