Sonic Healthcare (Australia) Price on July 24, 2024
| SHL Stock | 28.44 0.16 0.56% |
Below is the normalized historical share price chart for Sonic Healthcare extending back to January 29, 1988. 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 Sonic Healthcare stands at 28.44, as last reported on the 11th of December 2024, with the highest price reaching 28.84 and the lowest price hitting 28.44 during the day.
If you're considering investing in Sonic Stock, it is important to understand the factors that can impact its price. Currently, Sonic Healthcare is very steady. Sonic Healthcare owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0692, which indicates the firm had a 0.0692% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sonic Healthcare, which you can use to evaluate the volatility of the company. Please validate Sonic Healthcare's Risk Adjusted Performance of 0.0562, coefficient of variation of 1399.4, and Semi Deviation of 0.8659 to confirm if the risk estimate we provide is consistent with the expected return of 0.0928%.
At this time, Sonic Healthcare's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 4.8 B in 2024, whereas Treasury Stock is likely to drop (132.3 K) in 2024. . Sonic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 27.0175 | 50 Day MA 27.4648 | Beta 0.508 |
Sonic |
Sharpe Ratio = 0.0692
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Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Sonic Healthcare is performing at about 5% 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 Sonic Healthcare by adding it to a well-diversified portfolio.
Price Book 1.7353 | Enterprise Value Ebitda 10.6128 | Price Sales 1.5236 | Shares Float 458.1 M | Dividend Share 1.06 |
Sonic Healthcare Valuation on July 24, 2024
It is possible to determine the worth of Sonic Healthcare on a given historical date. On July 24, 2024 Sonic was worth 26.17 at the beginning of the trading date compared to the closed value of 25.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonic Healthcare stock. Still, in general, we apply an absolute valuation method to find Sonic Healthcare'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 Sonic Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sonic Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 26.10 | 26.31 | 26.02 | 26.22 | 795,331 | |
07/24/2024 | 26.17 | 26.20 | 25.85 | 25.88 | 662,537 |
| 25.76 | 26.24 | 25.65 | 26.08 | 1,146,582 |
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Sonic Healthcare Trading Date Momentum on July 24, 2024
| On July 25 2024 Sonic Healthcare was traded for 26.08 at the closing time. The maximum traded price for the trading interval was 26.24 and the lowest daily price was 25.65 . The daily volume was recorded at 1.1 M. The volume of trading on 25th of July 2024 played a part in the next trading day price appreciation. The trading price change to the next closing price was 0.77% . The trading price change to the closing price today is 2.74% . |
Sonic Healthcare Fundamentals Correlations and Trends
By evaluating Sonic Healthcare'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 Sonic Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sonic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sonic Healthcare Stock history
Sonic Healthcare 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 Sonic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sonic Healthcare 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 Sonic Healthcare stock prices may prove useful in developing a viable investing in Sonic Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 477 M | 342.3 M | |
| Net Income Applicable To Common Shares | 787.7 M | 424.7 M |
Sonic Healthcare Quarterly Net Working Capital |
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Sonic Healthcare Stock Technical Analysis
Sonic Healthcare 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
Sonic Healthcare Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Sonic Healthcare 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.
Sonic Healthcare December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sonic Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonic Healthcare shares will generate the highest return on investment. By undertsting and applying Sonic Healthcare stock market strength indicators, traders can identify Sonic Healthcare entry and exit signals to maximize returns
Sonic Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sonic Healthcare's price direction in advance. Along with the technical and fundamental analysis of Sonic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sonic 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 | 0.0562 | |||
| Jensen Alpha | 0.0768 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 1.08 |
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Additional Tools for Sonic Stock Analysis
When running Sonic Healthcare's price analysis, check to measure Sonic Healthcare'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 Sonic Healthcare is operating at the current time. Most of Sonic Healthcare's value examination focuses on studying past and present price action to predict the probability of Sonic Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonic Healthcare's price. Additionally, you may evaluate how the addition of Sonic Healthcare to your portfolios can decrease your overall portfolio volatility.