Quest Diagnostics Incorporated Stock Price on October 21, 2024

DGX Stock  USD 163.59  0.30  0.18%   
Below is the normalized historical share price chart for Quest Diagnostics Incorporated extending back to December 17, 1996. 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 Quest Diagnostics stands at 163.59, as last reported on the 25th of November, with the highest price reaching 165.10 and the lowest price hitting 163.40 during the day.
IPO Date
17th of December 1996
200 Day MA
142.8086
50 Day MA
154.8402
Beta
0.891
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Quest Stock, it is important to understand the factors that can impact its price. At this stage we consider Quest Stock to be very steady. Quest Diagnostics maintains Sharpe Ratio (i.e., Efficiency) of 0.0896, which implies the firm had a 0.0896% return per unit of risk over the last 3 months. We have found thirty technical indicators for Quest Diagnostics, which you can use to evaluate the volatility of the company. Please check Quest Diagnostics' Semi Deviation of 0.8942, coefficient of variation of 1062.14, and Risk Adjusted Performance of 0.0761 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At this time, Quest Diagnostics' Common Stock Shares Outstanding is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to rise to 0.01 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 3.9 B in 2024. . At this time, Quest Diagnostics' Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 3.00 in 2024, whereas Price To Sales Ratio is likely to drop 1.13 in 2024. Quest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0896

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Estimated Market Risk

 1.27
  actual daily
11
89% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Quest Diagnostics is performing at about 7% 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 Quest Diagnostics by adding it to a well-diversified portfolio.
Price Book
2.6816
Enterprise Value Ebitda
13.7445
Price Sales
1.9142
Shares Float
110.7 M
Dividend Share
2.96

Quest Diagnostics Main Headline on 21st of October 2024

On Sept. 16, Allina Health started handing off outpatient lab work to Quest Diagnostics, a New Jersey-based company that is one of the nations largest lab providers.

Quest Diagnostics Valuation on October 21, 2024

It is possible to determine the worth of Quest Diagnostics on a given historical date. On October 21, 2024 Quest was worth 149.05 at the beginning of the trading date compared to the closed value of 147.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quest Diagnostics stock. Still, in general, we apply an absolute valuation method to find Quest Diagnostics' 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 Quest Diagnostics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quest Diagnostics' related companies.
 Open High Low Close Volume
  149.10    150.59    147.96    149.65    631,429  
10/21/2024
  149.05    149.75    146.91    147.37    1,434,854  
  151.33    159.15    151.33    157.47    2,044,017  
Backtest Quest Diagnostics  |  Quest Diagnostics History  |  Quest Diagnostics Valuation   PreviousNext  
Open Value
149.05
145.23
Downside
147.37
Closing Value
152.87
Upside

Quest Diagnostics Trading Date Momentum on October 21, 2024

On October 22 2024 Quest Diagnostics Incorporated was traded for  157.47  at the closing time. Highest Quest Diagnostics's price during the trading hours was 159.15  and the lowest price during the day was  151.33 . The net volume was 2 M. The overall trading history on the 22nd of October contributed to the next trading period price jump. The overall trading delta to the next next day price was 6.85% . The trading delta at closing time to current price is 5.51% .

Quest Diagnostics Fundamentals Correlations and Trends

By evaluating Quest Diagnostics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quest financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Quest Diagnostics Stock history

Quest Diagnostics 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 Quest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quest Diagnostics 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 Quest Diagnostics stock prices may prove useful in developing a viable investing in Quest Diagnostics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding113 M128 M
Net Income Applicable To Common Shares1.1 B758.9 M

Quest Diagnostics Stock Technical Analysis

Quest Diagnostics 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.
A focus of Quest Diagnostics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Quest Diagnostics 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

Quest Diagnostics Period Price Range

Low
November 25, 2024
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High

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Quest Diagnostics November 25, 2024 Market Strength

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

Quest Diagnostics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Quest Diagnostics' price direction in advance. Along with the technical and fundamental analysis of Quest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quest 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.

Additional Tools for Quest Stock Analysis

When running Quest Diagnostics' price analysis, check to measure Quest Diagnostics' 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 Quest Diagnostics is operating at the current time. Most of Quest Diagnostics' value examination focuses on studying past and present price action to predict the probability of Quest Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Diagnostics' price. Additionally, you may evaluate how the addition of Quest Diagnostics to your portfolios can decrease your overall portfolio volatility.