R1 RCM Inc Price on March 7, 2024
RCMDelisted Stock | USD 14.31 0.01 0.07% |
If you're considering investing in RCM Stock, it is important to understand the factors that can impact its price. As of today, the current price of R1 RCM stands at 14.31, as last reported on the 1st of December, with the highest price reaching 14.32 and the lowest price hitting 14.30 during the day. As of now, RCM Stock is very steady. R1 RCM Inc retains Efficiency (Sharpe Ratio) of 0.22, which implies the company had a 0.22% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for R1 RCM, which you can use to evaluate the volatility of the entity. Please check R1 RCM's market risk adjusted performance of 2.15, and Variance of 0.0195 to confirm if the risk estimate we provide is consistent with the expected return of 0.0277%.
RCM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RCM |
Sharpe Ratio = 0.221
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Estimated Market Risk
0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average R1 RCM is performing at about 17% of its full potential. 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 R1 RCM by adding it to a well-diversified portfolio.
R1 RCM Valuation on March 7, 2024
It is possible to determine the worth of R1 RCM on a given historical date. On March 7, 2024 RCM was worth 14.07 at the beginning of the trading date compared to the closed value of 14.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of R1 RCM stock. Still, in general, we apply an absolute valuation method to find R1 RCM'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 R1 RCM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against R1 RCM's related companies.
Open | High | Low | Close | Volume | |
14.06 | 14.17 | 13.90 | 13.93 | 2,606,231 | |
03/07/2024 | 14.07 | 14.45 | 14.04 | 14.19 | 4,385,363 |
14.29 | 14.32 | 13.88 | 13.88 | 2,251,306 |
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R1 RCM Trading Date Momentum on March 7, 2024
On March 08 2024 R1 RCM Inc was traded for 13.88 at the closing time. Highest R1 RCM's price during the trading hours was 14.32 and the lowest price during the day was 13.88 . The net volume was 2.3 M. The overall trading history on the 8th of March contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.18% . The trading delta at closing time to current price is 4.72% . |
R1 RCM Inc Fundamentals Correlations and Trends
By evaluating R1 RCM'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 R1 RCM's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RCM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About R1 RCM Stock history
R1 RCM 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 RCM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in R1 RCM 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 R1 RCM stock prices may prove useful in developing a viable investing in R1 RCM
R1 RCM Inc. provides technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups. The company was founded in 2003 and is headquartered in Murray, Utah. R1 Rcm operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 20800 people.
R1 RCM Stock Technical Analysis
R1 RCM 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
R1 RCM Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
R1 RCM 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.
R1 RCM December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how R1 RCM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading R1 RCM shares will generate the highest return on investment. By undertsting and applying R1 RCM stock market strength indicators, traders can identify R1 RCM Inc entry and exit signals to maximize returns
R1 RCM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for R1 RCM's price direction in advance. Along with the technical and fundamental analysis of RCM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RCM 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 | 0.1433 | |||
Jensen Alpha | 0.0229 | |||
Total Risk Alpha | 0.001 | |||
Sortino Ratio | (0.65) | |||
Treynor Ratio | 2.14 |
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Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in RCM Stock
If you are still planning to invest in R1 RCM Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the R1 RCM's history and understand the potential risks before investing.
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