Molina Healthcare Stock Price on July 25, 2024
MOH Stock | USD 301.87 3.97 1.33% |
If you're considering investing in Molina Stock, it is important to understand the factors that can impact its price. As of today, the current price of Molina Healthcare stands at 301.87, as last reported on the 3rd of December, with the highest price reaching 302.94 and the lowest price hitting 294.47 during the day. Molina Healthcare has Sharpe Ratio of -0.0274, which conveys that the firm had a -0.0274% return per unit of risk over the last 3 months. Molina Healthcare exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Molina Healthcare's Risk Adjusted Performance of (0.01), standard deviation of 3.38, and Mean Deviation of 1.99 to check out the risk estimate we provide.
Molina Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Molina |
Sharpe Ratio = -0.0274
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Estimated Market Risk
3.38 actual daily | 30 70% 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 Molina Healthcare 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 Molina Healthcare by adding Molina Healthcare to a well-diversified portfolio.
Molina Healthcare Valuation on July 25, 2024
It is possible to determine the worth of Molina Healthcare on a given historical date. On July 25, 2024 Molina was worth 318.0 at the beginning of the trading date compared to the closed value of 324.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Molina Healthcare stock. Still, in general, we apply an absolute valuation method to find Molina 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 Molina Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Molina Healthcare's related companies.
Open | High | Low | Close | Volume | |
287.70 | 291.00 | 284.74 | 288.72 | 1,244,118 | |
07/25/2024 | 318.00 | 347.98 | 317.71 | 324.17 | 2,894,635 |
324.69 | 342.09 | 323.27 | 335.36 | 1,251,087 |
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Molina Healthcare Trading Date Momentum on July 25, 2024
On July 26 2024 Molina Healthcare was traded for 335.36 at the closing time. Highest Molina Healthcare's price during the trading hours was 342.09 and the lowest price during the day was 323.27 . The net volume was 1.3 M. The overall trading history on the 26th of July contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 3.45% . The trading delta at closing time to current price is 8.23% . |
Molina Healthcare Fundamentals Correlations and Trends
By evaluating Molina 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 Molina Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Molina financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Molina Healthcare Stock history
Molina 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 Molina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Molina 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 Molina Healthcare stock prices may prove useful in developing a viable investing in Molina Healthcare
Molina Healthcare, Inc. provides managed health care services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. The company was founded in 1980 and is headquartered in Long Beach, California. Molina Healthcare operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 14000 people.
Molina Healthcare Stock Technical Analysis
Molina 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
Molina Healthcare Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Molina Healthcare 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.
Molina Healthcare December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Molina 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 Molina Healthcare shares will generate the highest return on investment. By undertsting and applying Molina Healthcare stock market strength indicators, traders can identify Molina Healthcare entry and exit signals to maximize returns
Molina Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Molina Healthcare's price direction in advance. Along with the technical and fundamental analysis of Molina Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Molina 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 | (0.01) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.61) | |||
Treynor Ratio | (1.31) |
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Complementary Tools for Molina Stock analysis
When running Molina Healthcare's price analysis, check to measure Molina 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 Molina Healthcare is operating at the current time. Most of Molina Healthcare's value examination focuses on studying past and present price action to predict the probability of Molina 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 Molina Healthcare's price. Additionally, you may evaluate how the addition of Molina Healthcare to your portfolios can decrease your overall portfolio volatility.
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