Alibaba Health Information Stock Price on May 30, 2024
| ALBHF Stock | USD 0.48 0.05 9.43% |
If you're considering investing in Alibaba Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Alibaba Health stands at 0.48, as last reported on the 23rd of November, with the highest price reaching 0.48 and the lowest price hitting 0.48 during the day. Alibaba Health appears to be out of control, given 3 months investment horizon. Alibaba Health Infor secures Sharpe Ratio (or Efficiency) of 0.0833, which signifies that the company had a 0.0833% return per unit of risk over the last 3 months. By analyzing Alibaba Health's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please makes use of Alibaba Health's Risk Adjusted Performance of 0.0821, mean deviation of 4.92, and Downside Deviation of 9.13 to double-check if our risk estimates are consistent with your expectations.
Alibaba Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Alibaba |
Sharpe Ratio = 0.0833
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Estimated Market Risk
| 8.32 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Alibaba Health is performing at about 6% 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 Alibaba Health by adding it to a well-diversified portfolio.
Alibaba Health Valuation on May 30, 2024
It is possible to determine the worth of Alibaba Health on a given historical date. On May 30, 2024 Alibaba was worth 0.47 at the beginning of the trading date compared to the closed value of 0.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alibaba Health pink sheet. Still, in general, we apply an absolute valuation method to find Alibaba 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 Alibaba Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alibaba Health's related companies.
| Open | High | Low | Close | Volume | |
| 0.44 | 0.47 | 0.44 | 0.47 | 2,800 | |
05/30/2024 | 0.47 | 0.47 | 0.47 | 0.47 | 1.00 |
| 0.42 | 0.42 | 0.42 | 0.42 | 400.00 |
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Alibaba Health Trading Date Momentum on May 30, 2024
| On May 31 2024 Alibaba Health Information was traded for 0.42 at the closing time. The highest daily price throughout the period was 0.42 and the lowest price was 0.42 . The daily volume was 400. The net trading volume on 05/31/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 10.64% . The overall trading delta to current closing price is 2.13% . |
Alibaba Health Infor Fundamentals Correlations and Trends
By evaluating Alibaba 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 Alibaba Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alibaba financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alibaba Health Pink Sheet history
Alibaba 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 Alibaba is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alibaba Health Infor 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 Alibaba Health stock prices may prove useful in developing a viable investing in Alibaba Health
Alibaba Health Information Technology Limited, an investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong. Alibaba Health Information Technology Limited is based in Causeway Bay, Hong Kong. Alibaba Health operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 1849 people.
Alibaba Health Pink Sheet Technical Analysis
Alibaba 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.
Price Boundaries
Alibaba Health Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
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Alibaba Health November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Alibaba 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 Alibaba Health shares will generate the highest return on investment. By undertsting and applying Alibaba Health pink sheet market strength indicators, traders can identify Alibaba Health Information entry and exit signals to maximize returns
Alibaba Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alibaba Health's price direction in advance. Along with the technical and fundamental analysis of Alibaba Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alibaba 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 | 0.0821 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.073 | |||
| Treynor Ratio | (0.29) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Alibaba Pink Sheet analysis
When running Alibaba Health's price analysis, check to measure Alibaba 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 Alibaba Health is operating at the current time. Most of Alibaba Health's value examination focuses on studying past and present price action to predict the probability of Alibaba 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 Alibaba Health's price. Additionally, you may evaluate how the addition of Alibaba Health to your portfolios can decrease your overall portfolio volatility.
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