Streamline Health Solutions Stock Price on November 19, 2024

STRM Stock  USD 2.78  0.26  8.55%   
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 2.78, as last reported on the 29th of November, with the highest price reaching 3.03 and the lowest price hitting 2.76 during the day.
IPO Date
18th of April 1996
200 Day MA
5.6686
50 Day MA
2.6222
Beta
1.642
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.0763, which indicates the firm had a -0.0763% 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 Risk Adjusted Performance of (0.06), coefficient of variation of (1,043), and Variance of 118.78 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 29th 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 29th 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.

Sharpe Ratio = -0.0763

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Estimated Market Risk

 11.07
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.84
  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
0.7382
Enterprise Value Ebitda
(24.03)
Price Sales
0.5781
Shares Float
25.9 M
Wall Street Target Price
22.5

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Streamline Health Valuation on November 19, 2024

It is possible to determine the worth of Streamline Health on a given historical date. On November 19, 2024 Streamline was worth 3.12 at the beginning of the trading date compared to the closed value of 3.4. 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
  2.55    3.27    2.55    3.17    100,858  
11/19/2024
  3.12    3.72    2.96    3.40    44,602  
  3.36    3.70    2.82    2.92    32,219  
Backtest Streamline Health  |  Streamline Health History  |  Streamline Health Valuation   PreviousNext  
Open Value
3.12
3.4
Closing Value
36.32
Upside

Streamline Health Trading Date Momentum on November 19, 2024

On November 20 2024 Streamline Health Solutions was traded for  2.92  at the closing time. The top price for the day was 3.70  and the lowest listed price was  2.82 . The trading volume for the day was 32.2 K. The trading history from November 20, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 14.12% . The trading price change against the current closing price is 11.76% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding3.8 M3.6 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.
A focus of Streamline Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Streamline Health trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Streamline Health Period Price Range

Low
November 29, 2024
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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 29, 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.
When determining whether Streamline Health is a strong investment it is important to analyze Streamline Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Streamline Health's future performance. For an informed investment choice regarding Streamline Stock, refer to the following important reports:
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.