Ontrak Inc Stock Price on September 18, 2024
| OTRK Stock | USD 1.64 0.02 1.23% |
Below is the normalized historical share price chart for Ontrak Inc extending back to April 16, 2003. 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 Ontrak stands at 1.64, as last reported on the 12th of December 2024, with the highest price reaching 1.64 and the lowest price hitting 1.62 during the day.
If you're considering investing in Ontrak Stock, it is important to understand the factors that can impact its price. Ontrak Inc maintains Sharpe Ratio (i.e., Efficiency) of -0.0938, which implies the firm had a -0.0938% return per unit of risk over the last 3 months. Ontrak Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ontrak's Risk Adjusted Performance of (0.05), coefficient of variation of (1,221), and Variance of 65.77 to confirm the risk estimate we provide.
At this time, Ontrak's Stock Based Compensation is quite stable compared to the past year. Sale Purchase Of Stock is expected to rise to about 5 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 6 M. . The value of Price To Sales Ratio is estimated to slide to 5.01. Price Earnings Ratio is expected to rise to -2.29 this year. Ontrak Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of June 2013 | 200 Day MA 3.3477 | 50 Day MA 1.9456 | Beta 2.6 |
Ontrak |
Sharpe Ratio = -0.0938
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Estimated Market Risk
| 8.28 actual daily | 73 73% of assets are less volatile |
Expected Return
| -0.78 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ontrak 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 Ontrak by adding Ontrak to a well-diversified portfolio.
Price Book 0.6039 | Enterprise Value Ebitda (0.36) | Price Sales 0.5585 | Shares Float 1.7 M | Wall Street Target Price 4 |
Ontrak Valuation on September 18, 2024
It is possible to determine the worth of Ontrak on a given historical date. On September 18, 2024 Ontrak was worth 3.24 at the beginning of the trading date compared to the closed value of 3.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ontrak stock. Still, in general, we apply an absolute valuation method to find Ontrak'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 Ontrak where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ontrak's related companies.
| Open | High | Low | Close | Volume | |
| 3.30 | 3.41 | 3.15 | 3.24 | 18,312 | |
09/18/2024 | 3.24 | 3.36 | 3.15 | 3.22 | 5,289 |
| 3.16 | 3.30 | 2.94 | 3.09 | 60,073 |
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Ontrak Trading Date Momentum on September 18, 2024
| On September 19 2024 Ontrak Inc was traded for 3.09 at the closing time. The top price for the day was 3.30 and the lowest listed price was 2.94 . The trading volume for the day was 60.1 K. The trading history from September 19, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.04% . The trading delta at closing time against the current closing price is 21.12% . |
Ontrak Inc Fundamentals Correlations and Trends
By evaluating Ontrak'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 Ontrak's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ontrak financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ontrak Stock history
Ontrak 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 Ontrak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ontrak 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 Ontrak stock prices may prove useful in developing a viable investing in Ontrak
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.2 M | 11.7 M | |
| Net Loss | -54.5 M | -51.8 M |
Ontrak Quarterly Net Working Capital |
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Ontrak Stock Technical Analysis
Ontrak 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
Ontrak Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Ontrak Inc 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.
Ontrak December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Ontrak stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ontrak shares will generate the highest return on investment. By undertsting and applying Ontrak stock market strength indicators, traders can identify Ontrak Inc entry and exit signals to maximize returns
Ontrak Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ontrak's price direction in advance. Along with the technical and fundamental analysis of Ontrak Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ontrak 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 | (0.05) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.96) | |||
| Treynor Ratio | (1.28) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ontrak Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Health Care Providers & Services 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 Ontrak. If investors know Ontrak 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 Ontrak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 31.91 | Revenue Per Share 4.585 | Quarterly Revenue Growth (0.17) | Return On Assets (0.45) | Return On Equity (3.41) |
The market value of Ontrak Inc is measured differently than its book value, which is the value of Ontrak that is recorded on the company's balance sheet. Investors also form their own opinion of Ontrak's value that differs from its market value or its book value, called intrinsic value, which is Ontrak'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 Ontrak's market value can be influenced by many factors that don't directly affect Ontrak'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 Ontrak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ontrak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ontrak'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.