Sonic Healthcare Limited Stock Price on September 16, 2024
SKHCF Stock | USD 17.11 0.24 1.38% |
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 17.11, as last reported on the 12th of December 2024, with the highest price reaching 17.11 and the lowest price hitting 17.11 during the day. Sonic Healthcare owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0264, which indicates the firm had a -0.0264% return per unit of risk over the last 3 months. Sonic Healthcare Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sonic Healthcare's Risk Adjusted Performance of (0.01), variance of 8.82, and Coefficient Of Variation of (3,878) 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 = -0.0264
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Estimated Market Risk
3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 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.
Related Headline
Personalis Headline on 16th of September 2024
ESMO 2024 Data Expands on Compelling Performance of Personal... by finance.yahoo.com
FREMONT, Calif., September 16, 2024--Personalis, Inc. , a leader in MRD testing, announced findings presented this week at the European Society of Medical Oncology Congress Congress 2024 in Barcelona, Spain. Personalis NeXT Personal assay was designed to detect and monitor residual and recurrent disease in cancer patients by detecting very small traces of circulating tumor DNA in the blood. It was launched to the clinic in late 2023 and is being co-commerciali
Sonic Healthcare Valuation on September 16, 2024
It is possible to determine the worth of Sonic Healthcare on a given historical date. On September 16, 2024 Sonic was worth 18.53 at the beginning of the trading date compared to the closed value of 18.53. 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 | |
18.53 | 18.53 | 18.53 | 18.53 | 1.00 | |
09/16/2024 | 18.53 | 18.53 | 18.53 | 18.53 | 1.00 |
17.20 | 17.20 | 17.20 | 17.20 | 208.00 |
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Sonic Healthcare Trading Date Momentum on September 16, 2024
On September 17 2024 Sonic Healthcare Limited was traded for 17.20 at the closing time. The highest daily price throughout the period was 17.20 and the lowest price was 17.20 . The daily volume was 208. The net trading volume on 09/17/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 7.18% . The trading price change to current closing price is 1.30% . |
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 12, 2024
| High |
0.00 | 0.00 |
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Sonic Healthcare December 12, 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 | (0.01) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | (0.20) |
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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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