Mednax Inc Stock Price on November 12, 2024
| MD Stock | USD 14.76 0.20 1.34% |
Below is the normalized historical share price chart for Mednax Inc extending back to September 20, 1995. 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 Mednax stands at 14.76, as last reported on the 26th of November, with the highest price reaching 15.32 and the lowest price hitting 14.69 during the day.
If you're considering investing in Mednax Stock, it is important to understand the factors that can impact its price. Mednax appears to be not too volatile, given 3 months investment horizon. Mednax Inc has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Mednax's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Mednax's Risk Adjusted Performance of 0.1205, downside deviation of 1.82, and Mean Deviation of 1.99 to check out if our risk estimates are consistent with your expectations.
At present, Mednax's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 6.9 M, whereas Other Stockholder Equity is forecasted to decline to about 695.6 M. . As of November 26, 2024, Price To Sales Ratio is expected to decline to 0.37. The current year's Price Earnings Ratio is expected to grow to -12.29. Mednax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of September 1995 | 200 Day MA 9.8131 | 50 Day MA 12.9272 | Beta 1.555 |
Mednax |
Sharpe Ratio = 0.1449
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Estimated Market Risk
| 3.61 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Mednax is performing at about 11% 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 Mednax by adding it to a well-diversified portfolio.
Price Book 1.754 | Enterprise Value Ebitda 69.2712 | Price Sales 0.6401 | Shares Float 75 M | Wall Street Target Price 15.9167 |
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Mednax Valuation on November 12, 2024
It is possible to determine the worth of Mednax on a given historical date. On November 12, 2024 Mednax was worth 15.95 at the beginning of the trading date compared to the closed value of 15.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mednax stock. Still, in general, we apply an absolute valuation method to find Mednax'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 Mednax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mednax's related companies.
| Open | High | Low | Close | Volume | |
| 16.06 | 16.06 | 15.66 | 15.96 | 698,626 | |
11/12/2024 | 15.95 | 16.07 | 15.43 | 15.50 | 490,907 |
| 15.52 | 15.53 | 15.17 | 15.22 | 655,552 |
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Mednax Trading Date Momentum on November 12, 2024
| On November 13 2024 Mednax Inc was traded for 15.22 at the closing time. The highest price during the trading period was 15.53 and the lowest recorded bid was listed for 15.17 . The volume for the day was 655.6 K. This history from November 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.81% . The trading delta at closing time to the current price is 4.84% . |
Mednax Inc Fundamentals Correlations and Trends
By evaluating Mednax'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 Mednax's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mednax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mednax Stock history
Mednax 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 Mednax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mednax 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 Mednax stock prices may prove useful in developing a viable investing in Mednax
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 82.2 M | 77.1 M | |
| Net Income Applicable To Common Shares | 59.7 M | 48.1 M |
Mednax Quarterly Net Working Capital |
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Mednax Stock Technical Analysis
Mednax 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
Mednax Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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Mednax November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Mednax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mednax shares will generate the highest return on investment. By undertsting and applying Mednax stock market strength indicators, traders can identify Mednax Inc entry and exit signals to maximize returns
Mednax Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mednax's price direction in advance. Along with the technical and fundamental analysis of Mednax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mednax 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 | 0.1205 | |||
| Jensen Alpha | 0.3026 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.2142 | |||
| Treynor Ratio | 0.2967 |
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Complementary Tools for Mednax Stock analysis
When running Mednax's price analysis, check to measure Mednax'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 Mednax is operating at the current time. Most of Mednax's value examination focuses on studying past and present price action to predict the probability of Mednax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mednax's price. Additionally, you may evaluate how the addition of Mednax to your portfolios can decrease your overall portfolio volatility.
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