Absolute Health And Stock Price on June 23, 2023

If you're considering investing in Absolute Pink Sheet, it is important to understand the factors that can impact its price. Absolute Health secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Absolute Health and exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
  
Absolute Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.126

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsAHFI

Estimated Market Risk

 12.6
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.59
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Absolute Health 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 Absolute Health by adding Absolute Health to a well-diversified portfolio.

Absolute Health Valuation on June 23, 2023

It is possible to determine the worth of Absolute Health on a given historical date. On June 23, 2023 Absolute was worth 2.0E-4 at the beginning of the trading date compared to the closed value of 2.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Absolute Health pink sheet. Still, in general, we apply an absolute valuation method to find Absolute 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 Absolute Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Absolute Health's related companies.
 Open High Low Close Volume
  0.0002    0.0002    0.0002    0.0002    1.00  
06/23/2023
  0.0002    0.0002    0.0002    0.0002    1.00  
  0.0002    0.0002    0.0002    0.0002    33,580  
Backtest Absolute Health  |  Absolute Health History  |  Absolute Health Valuation   PreviousNext  
Open Value
2.0E-4
2.0E-4
Closing Value
37.80
Upside

Absolute Health Trading Date Momentum on June 23, 2023

On June 26 2023 Absolute Health and was traded for  0.0002  at the closing time. The top price for the day was 0.0002  and the lowest listed price was  0.0002 . The trading volume for the day was 33.6 K. The trading history from June 26, 2023 did not affect price variability. The overall trading delta against the current closing price is 0.00% .

Absolute Health Fundamentals Correlations and Trends

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

About Absolute Health Pink Sheet history

Absolute 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 Absolute is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Absolute 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 Absolute Health stock prices may prove useful in developing a viable investing in Absolute Health
Absolute Health and Fitness, Inc. was formerly known as Ornate Holdings, Inc. and changed its name to Absolute Health and Fitness, Inc. in May 2004. Absolute Health is traded on OTC Exchange in the United States.

Absolute Health Pink Sheet Technical Analysis

Absolute Health technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Absolute Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Absolute 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

Absolute Health Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Absolute Health and cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Absolute Health December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Absolute Health pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Absolute Health shares will generate the highest return on investment. By undertsting and applying Absolute Health pink sheet market strength indicators, traders can identify Absolute Health and entry and exit signals to maximize returns

Complementary Tools for Absolute Pink Sheet analysis

When running Absolute Health's price analysis, check to measure Absolute 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 Absolute Health is operating at the current time. Most of Absolute Health's value examination focuses on studying past and present price action to predict the probability of Absolute 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 Absolute Health's price. Additionally, you may evaluate how the addition of Absolute Health to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Commodity Directory
Find actively traded commodities issued by global exchanges