Ramsay Health (Australia) Price on February 23, 2024
| RHCPA Preferred Stock | 105.10 0.05 0.05% |
If you're considering investing in Ramsay Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ramsay Health stands at 105.10, as last reported on the 28th of November, with the highest price reaching 105.30 and the lowest price hitting 105.06 during the day. At this point, Ramsay Health is very steady. Ramsay Health Care maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ramsay Health Care, which you can use to evaluate the volatility of the company. Please check Ramsay Health's Coefficient Of Variation of 878.85, risk adjusted performance of 0.0635, and Semi Deviation of 0.1072 to confirm if the risk estimate we provide is consistent with the expected return of 0.0257%.
Ramsay Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ramsay |
Sharpe Ratio = 0.1113
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RHCPA |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Ramsay Health is performing at about 8% 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 Ramsay Health by adding it to a well-diversified portfolio.
Ramsay Health Valuation on February 23, 2024
It is possible to determine the worth of Ramsay Health on a given historical date. On February 23, 2024 Ramsay was worth 99.82 at the beginning of the trading date compared to the closed value of 99.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ramsay Health preferred stock. Still, in general, we apply an absolute valuation method to find Ramsay Health'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 Ramsay Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ramsay Health's related companies.
| Open | High | Low | Close | Volume | |
| 99.78 | 99.78 | 99.78 | 99.78 | 1,748 | |
02/23/2024 | 99.82 | 99.82 | 99.73 | 99.73 | 1,081 |
| 99.73 | 99.82 | 99.73 | 99.82 | 746.00 |
| Backtest Ramsay Health | | | Ramsay Health History | | | Ramsay Health Valuation | Previous | Next |
Ramsay Health Trading Date Momentum on February 23, 2024
| On February 26 2024 Ramsay Health Care was traded for 99.82 at the closing time. The highest price during the trading period was 99.82 and the lowest recorded bid was listed for 99.73 . The volume for the day was 746. This history from February 26, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.09% . The trading delta at closing time to the current price is 0.27% . |
Ramsay Health Care Fundamentals Correlations and Trends
By evaluating Ramsay Health'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 Ramsay Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ramsay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ramsay Health Preferred Stock history
Ramsay Health 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 Ramsay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ramsay Health Care 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 Ramsay Health stock prices may prove useful in developing a viable investing in Ramsay Health
Ramsay Health Preferred Stock Technical Analysis
Ramsay Health technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Ramsay Health Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Ramsay Health Care cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Ramsay Health November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Ramsay Health preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ramsay Health shares will generate the highest return on investment. By undertsting and applying Ramsay Health preferred stock market strength indicators, traders can identify Ramsay Health Care entry and exit signals to maximize returns
Ramsay Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ramsay Health's price direction in advance. Along with the technical and fundamental analysis of Ramsay Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ramsay 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 | 0.0635 | |||
| Jensen Alpha | 0.0239 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.45) | |||
| Treynor Ratio | (0.24) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ramsay Preferred Stock analysis
When running Ramsay Health's price analysis, check to measure Ramsay Health'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 Ramsay Health is operating at the current time. Most of Ramsay Health's value examination focuses on studying past and present price action to predict the probability of Ramsay Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ramsay Health's price. Additionally, you may evaluate how the addition of Ramsay Health to your portfolios can decrease your overall portfolio volatility.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Global Correlations Find global opportunities by holding instruments from different markets |