Accolade Stock Price on July 16, 2024
| ACCD Stock | USD 3.80 0.10 2.70% |
Below is the normalized historical share price chart for Accolade extending back to July 01, 2020. 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 Accolade stands at 3.80, as last reported on the 26th of November, with the highest price reaching 3.93 and the lowest price hitting 3.73 during the day.
If you're considering investing in Accolade Stock, it is important to understand the factors that can impact its price. Accolade secures Sharpe Ratio (or Efficiency) of -0.0416, which signifies that the company had a -0.0416% return per unit of standard deviation over the last 3 months. Accolade exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Accolade's mean deviation of 2.3, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
The current year's Common Stock Total Equity is expected to grow to 4,767, whereas Total Stockholder Equity is forecasted to decline to about 271.5 M. . At present, Accolade's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.10, whereas Price To Operating Cash Flows Ratio is projected to grow to (45.11). Accolade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of July 2020 | 200 Day MA 6.1201 | 50 Day MA 3.6466 | Beta 2.016 |
Accolade |
Sharpe Ratio = -0.0416
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| Negative Returns | ACCD |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Accolade is not performing at its full potential. However, 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 Accolade by adding Accolade to a well-diversified portfolio.
Price Book 0.7043 | Enterprise Value Ebitda (11.78) | Price Sales 0.6939 | Shares Float 68.6 M | Wall Street Target Price 7.0839 |
Related Headline
Phreesia Headline on 16th of July 2024
Disposition of 1669 shares by Evan Roberts of Phreesia at 23... by Evan Roberts
Filed transaction by Phreesia Officer: Chief Operating Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Accolade Valuation on July 16, 2024
It is possible to determine the worth of Accolade on a given historical date. On July 16, 2024 Accolade was worth 3.44 at the beginning of the trading date compared to the closed value of 3.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Accolade stock. Still, in general, we apply an absolute valuation method to find Accolade'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 Accolade where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Accolade's related companies.
| Open | High | Low | Close | Volume | |
| 3.47 | 3.52 | 3.39 | 3.42 | 1,600,120 | |
07/16/2024 | 3.44 | 4.00 | 3.44 | 3.95 | 3,662,797 |
| 3.84 | 4.05 | 3.77 | 3.84 | 2,016,810 |
| Backtest Accolade | | | Accolade History | | | Accolade Valuation | Previous | Next |
Accolade Trading Date Momentum on July 16, 2024
| On July 17 2024 Accolade was traded for 3.84 at the closing time. The top price for the day was 4.05 and the lowest listed price was 3.77 . The trading volume for the day was 2 M. The trading history from July 17, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.78% . The overall trading delta against the current closing price is 0.51% . |
Accolade Fundamentals Correlations and Trends
By evaluating Accolade'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 Accolade's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Accolade financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Accolade Stock history
Accolade 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 Accolade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Accolade 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 Accolade stock prices may prove useful in developing a viable investing in Accolade
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 74.9 M | 56.2 M | |
| Net Loss | -51.4 M | -53.9 M |
Accolade Quarterly Net Working Capital |
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Accolade Stock Technical Analysis
Accolade 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
Accolade Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Accolade cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Accolade November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Accolade stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Accolade shares will generate the highest return on investment. By undertsting and applying Accolade stock market strength indicators, traders can identify Accolade entry and exit signals to maximize returns
Accolade Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Accolade's price direction in advance. Along with the technical and fundamental analysis of Accolade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Accolade 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 | (0.04) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (0.12) |
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| Volume Indicators |
Complementary Tools for Accolade Stock analysis
When running Accolade's price analysis, check to measure Accolade'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 Accolade is operating at the current time. Most of Accolade's value examination focuses on studying past and present price action to predict the probability of Accolade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accolade's price. Additionally, you may evaluate how the addition of Accolade to your portfolios can decrease your overall portfolio volatility.
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