Life Healthcare (South Africa) Price on October 15, 2024
| LHC Stock | 1,668 74.00 4.25% |
If you're considering investing in Life Stock, it is important to understand the factors that can impact its price. As of today, the current price of Life Healthcare stands at 1,668, as last reported on the 29th of November, with the highest price reaching 1,780 and the lowest price hitting 1,668 during the day. Life Healthcare appears to be very steady, given 3 months investment horizon. Life Healthcare has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Life Healthcare, which you can use to evaluate the volatility of the firm. Please exercise Life Healthcare's Mean Deviation of 1.35, risk adjusted performance of 0.1471, and Downside Deviation of 1.44 to check out if our risk estimates are consistent with your expectations.
Life Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Life |
Sharpe Ratio = 0.1329
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LHC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Life Healthcare is performing at about 10% 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 Life Healthcare by adding it to a well-diversified portfolio.
Life Healthcare Valuation on October 15, 2024
It is possible to determine the worth of Life Healthcare on a given historical date. On October 15, 2024 Life was worth 1736.0 at the beginning of the trading date compared to the closed value of 1693.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Life Healthcare stock. Still, in general, we apply an absolute valuation method to find Life Healthcare'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 Life Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Life Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 1,715 | 1,740 | 1,700 | 1,737 | 7,353,691 | |
10/15/2024 | 1,736 | 1,736 | 1,671 | 1,693 | 4,079,787 |
| 1,719 | 1,719 | 1,672 | 1,687 | 3,955,500 |
| Backtest Life Healthcare | | | Life Healthcare History | | | Life Healthcare Valuation | Previous | Next |
Life Healthcare Trading Date Momentum on October 15, 2024
| On October 16 2024 Life Healthcare was traded for 1,687 at the closing time. The highest price during the trading period was 1,719 and the lowest recorded bid was listed for 1,672 . The volume for the day was 4 M. This history from October 16, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.35% . The trading delta at closing time to the current price is 0.83% . |
Life Healthcare Fundamentals Correlations and Trends
By evaluating Life Healthcare'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 Life Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Life financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Life Healthcare Stock history
Life Healthcare 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 Life is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Life Healthcare 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 Life Healthcare stock prices may prove useful in developing a viable investing in Life Healthcare
Life Healthcare Stock Technical Analysis
Life Healthcare 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
Life Healthcare Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Life Healthcare cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Life Healthcare November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Life Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Life Healthcare shares will generate the highest return on investment. By undertsting and applying Life Healthcare stock market strength indicators, traders can identify Life Healthcare entry and exit signals to maximize returns
Life Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Life Healthcare's price direction in advance. Along with the technical and fundamental analysis of Life Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Life 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 | 0.1471 | |||
| Jensen Alpha | 0.3197 | |||
| Total Risk Alpha | 0.0529 | |||
| Sortino Ratio | 0.1511 | |||
| Treynor Ratio | 2.87 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Life Stock analysis
When running Life Healthcare's price analysis, check to measure Life Healthcare'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 Life Healthcare is operating at the current time. Most of Life Healthcare's value examination focuses on studying past and present price action to predict the probability of Life Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Life Healthcare's price. Additionally, you may evaluate how the addition of Life Healthcare to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |