Option Care Health Stock Price on November 28, 2024

OPCH Stock  USD 23.76  0.02  0.08%   
If you're considering investing in Option Stock, it is important to understand the factors that can impact its price. As of today, the current price of Option Care stands at 23.76, as last reported on the 29th of November, with the highest price reaching 24.05 and the lowest price hitting 23.69 during the day. Option Care Health maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Option Care Health exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Option Care's Risk Adjusted Performance of (0.08), coefficient of variation of (869.23), and Variance of 12.01 to confirm the risk estimate we provide.
  
Option Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1211

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Estimated Market Risk

 3.49
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.42
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Option Care 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 Option Care by adding Option Care to a well-diversified portfolio.

Option Care Valuation on November 28, 2024

It is possible to determine the worth of Option Care on a given historical date. On November 28, 2024 Option was worth 23.86 at the beginning of the trading date compared to the closed value of 23.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Option Care stock. Still, in general, we apply an absolute valuation method to find Option Care'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 Option Care where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Option Care's related companies.
 Open High Low Close Volume
  23.86    24.05    23.69    23.76    3,574,301  
11/29/2024
  23.86    24.05    23.69    23.76    0.00  
Backtest Option Care  |  Option Care History  |  Option Care Valuation   Previous
Open Value
23.86
23.76
Closing Value
34.33
Upside

Option Care Trading Date Momentum on November 28, 2024

On November 29 2024 Option Care Health was traded for  23.76  at the closing time. The top price for the day was 24.05  and the lowest listed price was  23.69 . There was no trading activity during the period 0.0. Lack of trading volume on November 29, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.42% .

Option Care Health Fundamentals Correlations and Trends

By evaluating Option Care'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 Option Care's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Option financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Option Care Stock history

Option Care 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 Option is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Option Care Health 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 Option Care stock prices may prove useful in developing a viable investing in Option Care
Option Care Health, Inc. offers home and alternate site infusion services in the United States. Option Care Health, Inc. is headquartered in Bannockburn, Illinois. Option Care operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 5430 people.

Option Care Stock Technical Analysis

Option Care 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.
A focus of Option Care technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Option Care trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Option Care Period Price Range

Low
November 29, 2024
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High

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Option Care Health cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Option Care November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Option Care stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Option Care shares will generate the highest return on investment. By undertsting and applying Option Care stock market strength indicators, traders can identify Option Care Health entry and exit signals to maximize returns

Option Care Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Option Care's price direction in advance. Along with the technical and fundamental analysis of Option Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Option 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.

Complementary Tools for Option Stock analysis

When running Option Care's price analysis, check to measure Option Care'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 Option Care is operating at the current time. Most of Option Care's value examination focuses on studying past and present price action to predict the probability of Option Care's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Option Care's price. Additionally, you may evaluate how the addition of Option Care to your portfolios can decrease your overall portfolio volatility.
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