Stride Inc Stock Price on November 1, 2024
| LRN Stock | USD 106.87 0.17 0.16% |
Below is the normalized historical share price chart for Stride Inc extending back to December 13, 2007. 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 Stride stands at 106.87, as last reported on the 29th of November, with the highest price reaching 107.23 and the lowest price hitting 105.23 during the day.
If you're considering investing in Stride Stock, it is important to understand the factors that can impact its price. Stride appears to be very steady, given 3 months investment horizon. Stride Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. By inspecting Stride's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please review Stride's Risk Adjusted Performance of 0.0843, coefficient of variation of 1011.39, and Semi Deviation of 1.74 to confirm if our risk estimates are consistent with your expectations.
At this time, Stride's Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 2 B, while Common Stock Shares Outstanding is likely to drop about 34.4 M. . At this time, Stride's Price Book Value Ratio is very stable compared to the past year. As of the 29th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.25, while Price To Sales Ratio is likely to drop 1.33. Stride Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of December 2007 | 200 Day MA 73.8106 | 50 Day MA 88.245 | Beta 0.272 |
Stride |
Sharpe Ratio = 0.1046
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LRN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.3 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Stride is performing at about 8% 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 Stride by adding it to a well-diversified portfolio.
Price Book 3.8425 | Enterprise Value Ebitda 10.8405 | Price Sales 2.2104 | Shares Float 41.5 M | Wall Street Target Price 95.2 |
Related Headline
Laureate Education Headline on 1st of November 2024
Laureate Education Inc Q3 2024 Earnings Call Highlights Stro... by gurufocus.com
Revenue 369 million for Q3 2024, up 9 percent year-over-year on an organic constant currency basis.Adjusted EBITDA 91 million for Q3 2024, up 22 percent year-over-year o
Stride Valuation on November 1, 2024
It is possible to determine the worth of Stride on a given historical date. On November 1, 2024 Stride was worth 94.21 at the beginning of the trading date compared to the closed value of 93.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stride stock. Still, in general, we apply an absolute valuation method to find Stride'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 Stride where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stride's related companies.
| Open | High | Low | Close | Volume | |
| 94.43 | 96.07 | 93.25 | 93.28 | 900,639 | |
11/01/2024 | 94.21 | 95.25 | 92.53 | 93.37 | 1,404,161 |
| 92.56 | 94.40 | 91.86 | 93.08 | 583,119 |
| Backtest Stride | | | Stride History | | | Stride Valuation | Previous | Next |
Stride Trading Date Momentum on November 1, 2024
| On November 04 2024 Stride Inc was traded for 93.08 at the closing time. Highest Stride's price during the trading hours was 94.40 and the lowest price during the day was 91.86 . The net volume was 583.1 K. The overall trading history on the 4th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.31% . The trading price change to current price is 10.69% . |
Stride Inc Fundamentals Correlations and Trends
By evaluating Stride'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 Stride's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stride financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Stride Stock history
Stride 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 Stride is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stride Inc 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 Stride stock prices may prove useful in developing a viable investing in Stride
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 43.5 M | 34.4 M | |
| Net Income Applicable To Common Shares | 145.9 M | 153.2 M |
Stride Quarterly Net Working Capital |
|
Stride Stock Technical Analysis
Stride 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
Stride Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Stride Inc 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.
Stride November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Stride stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stride shares will generate the highest return on investment. By undertsting and applying Stride stock market strength indicators, traders can identify Stride Inc entry and exit signals to maximize returns
Stride Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stride's price direction in advance. Along with the technical and fundamental analysis of Stride Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stride 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 | 0.0843 | |||
| Jensen Alpha | 0.5468 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.1823 | |||
| Treynor Ratio | (1.45) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Stride Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Diversified Consumer Services 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 Stride. If investors know Stride 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 Stride listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.083 | Earnings Share 5.52 | Revenue Per Share 49.416 | Quarterly Revenue Growth 0.478 | Return On Assets 0.0981 |
The market value of Stride Inc is measured differently than its book value, which is the value of Stride that is recorded on the company's balance sheet. Investors also form their own opinion of Stride's value that differs from its market value or its book value, called intrinsic value, which is Stride'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 Stride's market value can be influenced by many factors that don't directly affect Stride'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 Stride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stride'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.