Enhabit Stock Price on October 17, 2024

EHAB Stock  USD 7.62  0.06  0.79%   
If you're considering investing in Enhabit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enhabit stands at 7.62, as last reported on the 26th of November, with the highest price reaching 7.84 and the lowest price hitting 7.56 during the day. Enhabit secures Sharpe Ratio (or Efficiency) of -0.0349, which denotes the company had a -0.0349% return per unit of risk over the last 3 months. Enhabit exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enhabit's Mean Deviation of 1.89, variance of 7.0, and Standard Deviation of 2.65 to check the risk estimate we provide.
  
At present, Enhabit's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 873.5 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 1.3 B. . At present, Enhabit's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 0.81, whereas Price Earnings Ratio is projected to grow to (6.11). Enhabit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0349

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Estimated Market Risk

 2.66
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.09
  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 Enhabit 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 Enhabit by adding Enhabit to a well-diversified portfolio.
Price Book
0.6769
Enterprise Value Ebitda
14.4289
Price Sales
0.3694
Shares Float
40.7 M
Wall Street Target Price
8.65

Enhabit Main Headline on 17th of October 2024

Enhabit, Inc. , a leading home health and hospice provider, today announced its recognition by the Institute for Healthcare Improvement I

Enhabit Valuation on October 17, 2024

It is possible to determine the worth of Enhabit on a given historical date. On October 17, 2024 Enhabit was worth 7.36 at the beginning of the trading date compared to the closed value of 7.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enhabit stock. Still, in general, we apply an absolute valuation method to find Enhabit'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 Enhabit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enhabit's related companies.
 Open High Low Close Volume
  7.22    7.54    7.22    7.42    332,064  
10/17/2024
  7.36    7.40    7.22    7.35    288,372  
  7.34    7.46    7.29    7.36    224,715  
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Open Value
7.36
7.35
Closing Value
15.35
Upside

Enhabit Trading Date Momentum on October 17, 2024

On October 18 2024 Enhabit was traded for  7.36  at the closing time. The top price for the day was 7.46  and the lowest listed price was  7.29 . The trading volume for the day was 224.7 K. The trading history from October 18, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.14% . The overall trading delta against the current closing price is 3.27% .

Enhabit Fundamentals Correlations and Trends

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

About Enhabit Stock history

Enhabit 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 Enhabit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enhabit 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 Enhabit stock prices may prove useful in developing a viable investing in Enhabit
Last ReportedProjected for Next Year
Common Stock Shares Outstanding49.9 M52.4 M
Net Loss-36.4 M-34.5 M

Enhabit Quarterly Net Working Capital

65.3 Million

Enhabit Stock Technical Analysis

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

Enhabit Period Price Range

Low
November 26, 2024
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High

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Enhabit 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.

Enhabit November 26, 2024 Market Strength

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

Enhabit Technical and Predictive Indicators

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

Complementary Tools for Enhabit Stock analysis

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