Streamline Health Solutions Stock Price on October 24, 2024
STRM Stock | USD 3.12 0.03 0.95% |
Below is the normalized historical share price chart for Streamline Health Solutions extending back to April 18, 1996. 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 Streamline Health stands at 3.12, as last reported on the 25th of November, with the highest price reaching 3.37 and the lowest price hitting 3.03 during the day.
If you're considering investing in Streamline Stock, it is important to understand the factors that can impact its price. Streamline Health owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0806, which indicates the firm had a -0.0806% return per unit of risk over the last 3 months. Streamline Health Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Streamline Health's Variance of 119.75, coefficient of variation of (1,252), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
At this time, Streamline Health's Other Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Common Stock Total Equity is likely to grow to about 695.5 K, while Common Stock Shares Outstanding is likely to drop about 3.6 M. . As of the 25th of November 2024, Price To Sales Ratio is likely to drop to 0.93. In addition to that, Price Earnings Ratio is likely to grow to -1.12. Streamline Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of April 1996 | 200 Day MA 5.7416 | 50 Day MA 2.6084 | Beta 1.642 |
Streamline |
Sharpe Ratio = -0.0806
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Estimated Market Risk
11.03 actual daily | 96 96% of assets are less volatile |
Expected Return
-0.89 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Streamline Health 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 Streamline Health by adding Streamline Health to a well-diversified portfolio.
Price Book 0.8365 | Enterprise Value Ebitda (24.03) | Price Sales 0.655 | Shares Float 25.9 M | Wall Street Target Price 22.5 |
Related Headline
HealthStream Headline on 24th of October 2024
William Blair Forecasts Increased Earnings for HealthStream by thelincolnianonline.com
HealthStream, Inc. Equities research analysts at William Blair upped their FY2024 earnings estimates for shares of HealthStream in a research report issued to clients and investors on Monday, October 21st. William Blair analyst R. Daniels now anticipates that the technology company will post earnings of 0.63 per share for the
Streamline Health Valuation on October 24, 2024
It is possible to determine the worth of Streamline Health on a given historical date. On October 24, 2024 Streamline was worth 2.11 at the beginning of the trading date compared to the closed value of 2.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Streamline Health stock. Still, in general, we apply an absolute valuation method to find Streamline 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 Streamline Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Streamline Health's related companies.
Open | High | Low | Close | Volume | |
2.08 | 2.14 | 2.01 | 2.06 | 35,893 | |
10/24/2024 | 2.11 | 2.11 | 2.00 | 2.00 | 17,985 |
2.06 | 2.06 | 1.92 | 1.94 | 22,336 |
Backtest Streamline Health | | | Streamline Health History | | | Streamline Health Valuation | Previous | Next |
Streamline Health Trading Date Momentum on October 24, 2024
On October 25 2024 Streamline Health Solutions was traded for 1.94 at the closing time. The top price for the day was 2.06 and the lowest listed price was 1.92 . The trading volume for the day was 22.3 K. The trading history from October 25, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 3.00% . The trading price change against the current closing price is 16.50% . |
Streamline Health Fundamentals Correlations and Trends
By evaluating Streamline 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 Streamline Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Streamline financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Streamline Health Stock history
Streamline 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 Streamline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Streamline Health 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 Streamline Health stock prices may prove useful in developing a viable investing in Streamline Health
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 3.8 M | 3.6 M | |
Net Loss | -10.2 M | -9.7 M |
Streamline Health Stock Technical Analysis
Streamline Health 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
Streamline Health Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Streamline Health Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Streamline Health November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Streamline Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Streamline Health shares will generate the highest return on investment. By undertsting and applying Streamline Health stock market strength indicators, traders can identify Streamline Health Solutions entry and exit signals to maximize returns
Streamline Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Streamline Health's price direction in advance. Along with the technical and fundamental analysis of Streamline Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Streamline 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 | (0.05) | |||
Jensen Alpha | (0.99) | |||
Total Risk Alpha | (2.61) | |||
Treynor Ratio | (1.05) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Streamline Health Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Health Care Technology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Streamline Health. If investors know Streamline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Streamline Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 12.131 | Earnings Share (4.80) | Revenue Per Share 5.249 | Quarterly Revenue Growth (0.01) | Return On Assets (0.11) |
The market value of Streamline Health is measured differently than its book value, which is the value of Streamline that is recorded on the company's balance sheet. Investors also form their own opinion of Streamline Health's value that differs from its market value or its book value, called intrinsic value, which is Streamline Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Streamline Health's market value can be influenced by many factors that don't directly affect Streamline Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Streamline Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Streamline Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Streamline Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.