Sonic Healthcare Limited Stock Price on August 27, 2024
SKHCF Stock | USD 17.04 0.00 0.00% |
If you're considering investing in Sonic Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Sonic Healthcare stands at 17.04, as last reported on the 3rd of December, with the highest price reaching 17.04 and the lowest price hitting 17.04 during the day. Sonic Healthcare owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0097, which indicates the firm had a -0.0097% return per unit of risk over the last 3 months. Sonic Healthcare Limited exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sonic Healthcare's Coefficient Of Variation of (2,620), risk adjusted performance of (0.02), and Variance of 11.3 to confirm the risk estimate we provide.
Sonic Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sonic |
Sharpe Ratio = -0.0097
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Estimated Market Risk
3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sonic Healthcare is not performing at its full potential. However, 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 Sonic Healthcare to a well-diversified portfolio.
Sonic Healthcare Valuation on August 27, 2024
It is possible to determine the worth of Sonic Healthcare on a given historical date. On August 27, 2024 Sonic was worth 19.26 at the beginning of the trading date compared to the closed value of 19.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonic Healthcare pink sheet. 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 | |
19.26 | 19.26 | 19.26 | 19.26 | 1.00 | |
08/27/2024 | 19.26 | 19.26 | 19.26 | 19.26 | 1.00 |
19.26 | 19.26 | 19.26 | 19.26 | 4,700 |
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Sonic Healthcare Trading Date Momentum on August 27, 2024
On August 28 2024 Sonic Healthcare Limited was traded for 19.26 at the closing time. The highest daily price throughout the period was 19.26 and the lowest price was 19.26 . The daily volume was 4.7 K. The net trading volume on 08/28/2024 did not result in any price rise and fall. The trading price change to current closing price is 7.06% . |
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 Pink Sheet 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
Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. Sonic Healthcare Limited was incorporated in 1934 and is headquartered in Sydney, Australia. SONIC HEALTHCARE operates under Diagnostics Research classification in the United States and is traded on OTC Exchange. It employs 41000 people.
Sonic Healthcare Pink Sheet Technical Analysis
Sonic Healthcare technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Sonic Healthcare Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Sonic Healthcare Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Sonic Healthcare pink sheet 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 pink sheet market strength indicators, traders can identify Sonic Healthcare Limited 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 Pink Sheet 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 | (0.02) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | (0.19) |
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Complementary Tools for Sonic Pink Sheet 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.
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