Resmed Inc Stock Price on March 19, 2024
| RMD Stock | USD 249.02 0.31 0.12% |
Below is the normalized historical share price chart for ResMed Inc extending back to June 02, 1995. 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 ResMed stands at 249.02, as last reported on the 1st of December, with the highest price reaching 252.36 and the lowest price hitting 247.74 during the day.
If you're considering investing in ResMed Stock, it is important to understand the factors that can impact its price. At this point, ResMed is very steady. ResMed Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.0257, which implies the firm had a 0.0257% return per unit of risk over the last 3 months. We have found thirty technical indicators for ResMed Inc, which you can use to evaluate the volatility of the company. Please check ResMed's Coefficient Of Variation of 2992.1, risk adjusted performance of 0.031, and Semi Deviation of 1.61 to confirm if the risk estimate we provide is consistent with the expected return of 0.0437%.
At present, ResMed's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 7.2 B, whereas Common Stock is forecasted to decline to about 443.7 K. . At present, ResMed's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 24.07, whereas Price Book Value Ratio is forecasted to decline to 4.77. ResMed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of June 1995 | 200 Day MA 215.4499 | 50 Day MA 242.154 | Beta 0.687 |
ResMed |
Sharpe Ratio = 0.0257
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RMD |
Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average ResMed is performing at about 2% 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 ResMed by adding it to a well-diversified portfolio.
Price Book 7.0366 | Enterprise Value Ebitda 22.7521 | Price Sales 7.6132 | Shares Float 145.8 M | Dividend Share 1.97 |
ResMed Valuation on March 19, 2024
It is possible to determine the worth of ResMed on a given historical date. On March 19, 2024 ResMed was worth 189.61 at the beginning of the trading date compared to the closed value of 191.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ResMed stock. Still, in general, we apply an absolute valuation method to find ResMed'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 ResMed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ResMed's related companies.
| Open | High | Low | Close | Volume | |
| 189.75 | 190.74 | 188.89 | 189.67 | 860,765 | |
03/19/2024 | 189.61 | 191.78 | 188.92 | 191.72 | 1,022,485 |
| 190.40 | 191.72 | 188.90 | 191.08 | 1,205,396 |
| Backtest ResMed | | | ResMed History | | | ResMed Valuation | Previous | Next |
ResMed Trading Date Momentum on March 19, 2024
| On March 20 2024 ResMed Inc was traded for 191.08 at the closing time. Highest ResMed's price during the trading hours was 191.72 and the lowest price during the day was 188.90 . The net volume was 1.2 M. The overall trading history on the 20th of March contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.33% . The trading delta at closing time to current price is 2.74% . |
ResMed Inc Fundamentals Correlations and Trends
By evaluating ResMed'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 ResMed's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ResMed financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ResMed Stock history
ResMed 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 ResMed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ResMed 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 ResMed stock prices may prove useful in developing a viable investing in ResMed
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 147.6 M | 147.7 M | |
| Net Income Applicable To Common Shares | 1 B | 1.1 B |
ResMed Quarterly Net Working Capital |
|
ResMed Stock Technical Analysis
ResMed 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
ResMed Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
ResMed Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
ResMed December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how ResMed stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ResMed shares will generate the highest return on investment. By undertsting and applying ResMed stock market strength indicators, traders can identify ResMed Inc entry and exit signals to maximize returns
ResMed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ResMed's price direction in advance. Along with the technical and fundamental analysis of ResMed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ResMed 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 | 0.031 | |||
| Jensen Alpha | 0.0131 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1783 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ResMed Stock analysis
When running ResMed's price analysis, check to measure ResMed'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 ResMed is operating at the current time. Most of ResMed's value examination focuses on studying past and present price action to predict the probability of ResMed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ResMed's price. Additionally, you may evaluate how the addition of ResMed to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |