Radnet Inc Stock Price on November 11, 2024
| RDNT Stock | USD 82.49 1.04 1.28% |
Below is the normalized historical share price chart for RadNet Inc extending back to February 27, 1991. 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 RadNet stands at 82.49, as last reported on the 29th of November, with the highest price reaching 84.01 and the lowest price hitting 81.51 during the day.
If you're considering investing in RadNet Stock, it is important to understand the factors that can impact its price. RadNet appears to be very steady, given 3 months investment horizon. RadNet Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing RadNet's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please evaluate RadNet's Coefficient Of Variation of 757.8, risk adjusted performance of 0.1087, and Semi Deviation of 1.83 to confirm if our risk estimates are consistent with your expectations.
At this time, RadNet's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 2.8 B in 2024, whereas Common Stock is likely to drop 6,650 in 2024. . At this time, RadNet's Price Fair Value is comparatively stable compared to the past year. RadNet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of July 1986 | 200 Day MA 59.2337 | 50 Day MA 71.9134 | Beta 1.751 |
RadNet |
Sharpe Ratio = 0.1567
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Estimated Market Risk
| 3.17 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average RadNet is performing at about 12% 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 RadNet by adding it to a well-diversified portfolio.
Price Book 6.8205 | Enterprise Value Ebitda 22.866 | Price Sales 3.4442 | Shares Float 66 M | Wall Street Target Price 89.1667 |
RadNet Main Headline on 11th of November 2024
RadNet earnings missed by 0.12, revenue topped estimates by investing.com
RadNet earnings missed by 0.12, revenue topped estimates
RadNet Valuation on November 11, 2024
It is possible to determine the worth of RadNet on a given historical date. On November 11, 2024 RadNet was worth 88.0 at the beginning of the trading date compared to the closed value of 86.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RadNet stock. Still, in general, we apply an absolute valuation method to find RadNet'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 RadNet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RadNet's related companies.
| Open | High | Low | Close | Volume | |
| 71.56 | 72.69 | 70.67 | 72.53 | 837,928 | |
11/11/2024 | 88.00 | 93.65 | 84.56 | 86.38 | 2,675,560 |
| 87.05 | 87.87 | 81.31 | 83.59 | 936,052 |
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RadNet Trading Date Momentum on November 11, 2024
| On November 12 2024 RadNet Inc was traded for 83.59 at the closing time. The top price for the day was 87.87 and the lowest listed price was 81.31 . The trading volume for the day was 936.1 K. The trading history from November 12, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.23% . The trading delta at closing time against the current closing price is 4.14% . |
RadNet Inc Fundamentals Correlations and Trends
By evaluating RadNet'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 RadNet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RadNet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RadNet Stock history
RadNet 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 RadNet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RadNet 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 RadNet stock prices may prove useful in developing a viable investing in RadNet
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 64.7 M | 38.4 M | |
| Net Income Applicable To Common Shares | 12.2 M | 11.9 M |
RadNet Stock Technical Analysis
RadNet 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
RadNet Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
RadNet 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.
RadNet November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how RadNet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RadNet shares will generate the highest return on investment. By undertsting and applying RadNet stock market strength indicators, traders can identify RadNet Inc entry and exit signals to maximize returns
RadNet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RadNet's price direction in advance. Along with the technical and fundamental analysis of RadNet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RadNet 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 | 0.1087 | |||
| Jensen Alpha | 0.256 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1386 | |||
| Treynor Ratio | 0.2998 |
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Additional Tools for RadNet Stock Analysis
When running RadNet's price analysis, check to measure RadNet'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 RadNet is operating at the current time. Most of RadNet's value examination focuses on studying past and present price action to predict the probability of RadNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RadNet's price. Additionally, you may evaluate how the addition of RadNet to your portfolios can decrease your overall portfolio volatility.