National Healthcare Stock Price on April 26, 2024
| NHC Stock | USD 125.20 0.73 0.59% |
If you're considering investing in National Stock, it is important to understand the factors that can impact its price. As of today, the current price of National HealthCare stands at 125.20, as last reported on the 2nd of December, with the highest price reaching 125.79 and the lowest price hitting 123.11 during the day. National HealthCare has Sharpe Ratio of -0.0209, which conveys that the firm had a -0.0209% return per unit of risk over the last 3 months. National HealthCare exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National HealthCare's Standard Deviation of 2.01, mean deviation of 1.43, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
National Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
National |
Sharpe Ratio = -0.0209
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Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average National 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 National HealthCare by adding National HealthCare to a well-diversified portfolio.
National HealthCare Valuation on April 26, 2024
It is possible to determine the worth of National HealthCare on a given historical date. On April 26, 2024 National was worth 89.95 at the beginning of the trading date compared to the closed value of 90.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of National HealthCare stock. Still, in general, we apply an absolute valuation method to find National 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 National HealthCare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against National HealthCare's related companies.
| Open | High | Low | Close | Volume | |
| 89.31 | 90.49 | 89.13 | 89.81 | 37,406 | |
04/26/2024 | 89.95 | 90.92 | 89.91 | 90.32 | 29,397 |
| 90.36 | 90.92 | 89.33 | 89.56 | 23,290 |
| Backtest National HealthCare | | | National HealthCare History | | | National HealthCare Valuation | Previous | Next |
National HealthCare Trading Date Momentum on April 26, 2024
| On April 29 2024 National HealthCare was traded for 89.56 at the closing time. Highest National HealthCare's price during the trading hours was 90.92 and the lowest price during the day was 89.33 . The net volume was 23.3 K. The overall trading history on the 29th of April contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.84% . The trading delta at closing time to current price is 0.66% . |
National HealthCare Fundamentals Correlations and Trends
By evaluating National 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 National HealthCare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. National financial account trend analysis is a perfect complement when working with valuation or volatility modules.About National HealthCare Stock history
National 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 National is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in National 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 National HealthCare stock prices may prove useful in developing a viable investing in National HealthCare
National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, homecare and hospice agencies, and a behavioral health hospital. National HealthCare Corporation was founded in 1971 and is based in Murfreesboro, Tennessee. National Healthcare operates under Medical Care Facilities classification in the United States and is traded on AMEX Exchange. It employs 12965 people.
National HealthCare Stock Technical Analysis
National 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
National HealthCare Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
National HealthCare cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
National HealthCare December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how National 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 National HealthCare shares will generate the highest return on investment. By undertsting and applying National HealthCare stock market strength indicators, traders can identify National HealthCare entry and exit signals to maximize returns
National HealthCare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for National HealthCare's price direction in advance. Along with the technical and fundamental analysis of National Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of National 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 | (0.07) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.50) |
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| Volume Indicators |
Complementary Tools for National Stock analysis
When running National HealthCare's price analysis, check to measure National 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 National HealthCare is operating at the current time. Most of National HealthCare's value examination focuses on studying past and present price action to predict the probability of National 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 National HealthCare's price. Additionally, you may evaluate how the addition of National HealthCare to your portfolios can decrease your overall portfolio volatility.
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