American Well Corp Stock Price on October 18, 2024
AMWL Stock | USD 8.08 0.07 0.87% |
Below is the normalized historical share price chart for American Well Corp extending back to September 17, 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 American Well stands at 8.08, as last reported on the 23rd of November, with the highest price reaching 8.29 and the lowest price hitting 7.95 during the day.
If you're considering investing in American Stock, it is important to understand the factors that can impact its price. American Well Corp secures Sharpe Ratio (or Efficiency) of -0.0291, which signifies that the company had a -0.0291% return per unit of standard deviation over the last 3 months. American Well Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Well's mean deviation of 2.56, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
At this time, American Well's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 1 B this year, although the value of Common Stock Shares Outstanding will most likely fall to about 13.5 M. . At this time, American Well's Price Book Value Ratio is quite stable compared to the past year. Price To Book Ratio is expected to rise to 0.96 this year, although the value of Price Earnings Ratio will most likely fall to (0.66). American Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of September 2020 | 200 Day MA 11.2755 | 50 Day MA 9.4666 | Beta 1.048 |
American |
Sharpe Ratio = -0.0291
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Estimated Market Risk
3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average American Well 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 American Well by adding American Well to a well-diversified portfolio.
Price Book 0.3645 | Enterprise Value Ebitda (0.82) | Price Sales 0.483 | Shares Float 10.9 M | Wall Street Target Price 12.5714 |
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American Well Valuation on October 18, 2024
It is possible to determine the worth of American Well on a given historical date. On October 18, 2024 American was worth 10.28 at the beginning of the trading date compared to the closed value of 10.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Well stock. Still, in general, we apply an absolute valuation method to find American Well'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 American Well where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Well's related companies.
Open | High | Low | Close | Volume | |
10.33 | 10.34 | 10.05 | 10.19 | 16,691 | |
10/18/2024 | 10.28 | 10.50 | 10.22 | 10.34 | 39,446 |
10.30 | 10.30 | 10.15 | 10.17 | 22,941 |
Backtest American Well | | | American Well History | | | American Well Valuation | Previous | Next |
American Well Trading Date Momentum on October 18, 2024
On October 21 2024 American Well Corp was traded for 10.17 at the closing time. The top price for the day was 10.30 and the lowest listed price was 10.15 . The trading volume for the day was 22.9 K. The trading history from October 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.64% . The overall trading delta against the current closing price is 7.74% . |
American Well Corp Fundamentals Correlations and Trends
By evaluating American Well'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 American Well's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. American financial account trend analysis is a perfect complement when working with valuation or volatility modules.About American Well Stock history
American Well 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 American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Well Corp 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 American Well stock prices may prove useful in developing a viable investing in American Well
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 14.2 M | 13.5 M | |
Net Loss | -243.4 M | -255.6 M |
American Well Quarterly Net Working Capital |
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American Well Stock Technical Analysis
American Well 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
American Well Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
American Well Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
American Well November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how American Well stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Well shares will generate the highest return on investment. By undertsting and applying American Well stock market strength indicators, traders can identify American Well Corp entry and exit signals to maximize returns
American Well Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for American Well's price direction in advance. Along with the technical and fundamental analysis of American Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of American 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 | (0.01) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (0.06) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Well Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Health Care Equipment & Supplies space 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 American Well. If investors know American 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 American Well listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (14.45) | Revenue Per Share 17.223 | Quarterly Revenue Growth (0.01) | Return On Assets (0.25) | Return On Equity (0.50) |
The market value of American Well Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Well's value that differs from its market value or its book value, called intrinsic value, which is American Well'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 American Well's market value can be influenced by many factors that don't directly affect American Well'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 American Well's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Well is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Well'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.