Multiplan Stock Price on February 1, 2024
| MPLN Stock | USD 7.89 0.82 11.60% |
Below is the normalized historical share price chart for MultiPlan extending back to April 03, 2020. 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 MultiPlan stands at 7.89, as last reported on the 1st of December, with the highest price reaching 8.00 and the lowest price hitting 7.11 during the day.
If you're considering investing in MultiPlan Stock, it is important to understand the factors that can impact its price. As of now, MultiPlan Stock is very risky. MultiPlan has Sharpe Ratio of 0.0023, which conveys that the firm had a 0.0023% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MultiPlan, which you can use to evaluate the volatility of the firm. Please verify MultiPlan's Mean Deviation of 5.98, risk adjusted performance of 0.0146, and Downside Deviation of 7.23 to check out if the risk estimate we provide is consistent with the expected return of 0.0177%.
As of the 1st of December 2024, Other Stockholder Equity is likely to grow to about 2.3 B, while Common Stock Shares Outstanding is likely to drop about 487 M. . At this time, MultiPlan's Price Fair Value is very stable compared to the past year. MultiPlan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of April 2020 | 200 Day MA 18.9212 | 50 Day MA 8.687 | Beta 0.64 |
MultiPlan |
Sharpe Ratio = 0.0023
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Estimated Market Risk
| 7.84 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MultiPlan 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 MultiPlan by adding MultiPlan to a well-diversified portfolio.
Price Book 0.6147 | Enterprise Value Ebitda 52.2761 | Price Sales 0.1354 | Shares Float 6.4 M | Wall Street Target Price 10 |
MultiPlan Valuation on February 1, 2024
It is possible to determine the worth of MultiPlan on a given historical date. On February 1, 2024 MultiPlan was worth 40.4 at the beginning of the trading date compared to the closed value of 42.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MultiPlan stock. Still, in general, we apply an absolute valuation method to find MultiPlan'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 MultiPlan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MultiPlan's related companies.
| Open | High | Low | Close | Volume | |
| 41.60 | 43.60 | 40.40 | 40.40 | 22,243 | |
02/01/2024 | 40.40 | 43.60 | 40.40 | 42.00 | 30,670 |
| 41.60 | 42.80 | 40.80 | 41.20 | 23,094 |
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MultiPlan Trading Date Momentum on February 1, 2024
| On February 02 2024 MultiPlan was traded for 41.20 at the closing time. The top price for the day was 42.80 and the lowest listed price was 40.80 . The trading volume for the day was 23.1 K. The trading history from February 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.90% . The trading delta at closing time against the current closing price is 9.52% . |
MultiPlan Fundamentals Correlations and Trends
By evaluating MultiPlan'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 MultiPlan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MultiPlan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MultiPlan Stock history
MultiPlan 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 MultiPlan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MultiPlan 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 MultiPlan stock prices may prove useful in developing a viable investing in MultiPlan
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 645.1 M | 487 M | |
| Net Loss | -515.6 M | -489.8 M |
MultiPlan Stock Technical Analysis
MultiPlan 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
MultiPlan Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
MultiPlan 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.
MultiPlan December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how MultiPlan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MultiPlan shares will generate the highest return on investment. By undertsting and applying MultiPlan stock market strength indicators, traders can identify MultiPlan entry and exit signals to maximize returns
MultiPlan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MultiPlan's price direction in advance. Along with the technical and fundamental analysis of MultiPlan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MultiPlan 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 | 0.0146 | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (1.26) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0271 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MultiPlan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in MultiPlan Stock, please use our How to Invest in MultiPlan guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Health Care Equipment & Supplies 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 MultiPlan. If investors know MultiPlan 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 MultiPlan 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 (0.99) | Earnings Share (95.28) | Revenue Per Share 58.328 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0129 |
The market value of MultiPlan is measured differently than its book value, which is the value of MultiPlan that is recorded on the company's balance sheet. Investors also form their own opinion of MultiPlan's value that differs from its market value or its book value, called intrinsic value, which is MultiPlan'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 MultiPlan's market value can be influenced by many factors that don't directly affect MultiPlan'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 MultiPlan's value and its price as these two are different measures arrived at by different means. Investors typically determine if MultiPlan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MultiPlan'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.