COMMONSPIRIT HEALTH Price on August 14, 2023
| 20268JAC7 | 79.65 3.20 3.86% |
If you're considering investing in COMMONSPIRIT Bond, it is important to understand the factors that can impact its price. As of today, the current price of COMMONSPIRIT stands at 79.65, as last reported on the 11th of December 2024, with the highest price reaching 79.65 and the lowest price hitting 79.65 during the day. COMMONSPIRIT HEALTH secures Sharpe Ratio (or Efficiency) of -0.0098, which signifies that the bond had a -0.0098% return per unit of risk over the last 3 months. COMMONSPIRIT HEALTH exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COMMONSPIRIT's risk adjusted performance of (0.03), and Mean Deviation of 1.24 to double-check the risk estimate we provide.
COMMONSPIRIT Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
COMMONSPIRIT |
Sharpe Ratio = -0.0098
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 20268JAC7 |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.02 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 COMMONSPIRIT 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 COMMONSPIRIT by adding COMMONSPIRIT to a well-diversified portfolio.
COMMONSPIRIT Valuation on August 14, 2023
It is possible to determine the worth of COMMONSPIRIT on a given historical date. On August 14, 2023 COMMONSPIRIT was worth 78.06 at the beginning of the trading date compared to the closed value of 78.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COMMONSPIRIT bond. Still, in general, we apply an absolute valuation method to find COMMONSPIRIT'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 COMMONSPIRIT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against COMMONSPIRIT's related companies.
| Open | High | Low | Close | Volume | |
| 78.08 | 78.08 | 78.08 | 78.08 | 1.00 | |
08/14/2023 | 78.06 | 78.06 | 78.06 | 78.06 | 1.00 |
| 78.06 | 78.06 | 78.06 | 78.06 | 1.00 |
| Backtest COMMONSPIRIT | | | COMMONSPIRIT History | | | COMMONSPIRIT Valuation | Previous | Next |
COMMONSPIRIT Trading Date Momentum on August 14, 2023
| On August 15 2023 COMMONSPIRIT HEALTH was traded for 78.06 at the closing time. The highest price during the trading period was 78.06 and the lowest recorded bid was listed for 78.06 . There was no trading activity during the period 1.0. Lack of trading volume on August 15, 2023 did not affect price variability. The overall trading delta to the current price is 0.97% . |
About COMMONSPIRIT Bond history
COMMONSPIRIT 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 COMMONSPIRIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in COMMONSPIRIT 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 COMMONSPIRIT stock prices may prove useful in developing a viable investing in COMMONSPIRIT
COMMONSPIRIT Bond Technical Analysis
COMMONSPIRIT technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
COMMONSPIRIT Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
COMMONSPIRIT HEALTH cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
COMMONSPIRIT December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how COMMONSPIRIT bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading COMMONSPIRIT shares will generate the highest return on investment. By undertsting and applying COMMONSPIRIT bond market strength indicators, traders can identify COMMONSPIRIT HEALTH entry and exit signals to maximize returns
COMMONSPIRIT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for COMMONSPIRIT's price direction in advance. Along with the technical and fundamental analysis of COMMONSPIRIT Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of COMMONSPIRIT 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 | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (2.40) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in COMMONSPIRIT Bond
COMMONSPIRIT financial ratios help investors to determine whether COMMONSPIRIT Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in COMMONSPIRIT with respect to the benefits of owning COMMONSPIRIT security.