COMMONSPIRIT HEALTH Price on August 21, 2024

20268JAC7   79.65  5.17  6.10%   
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 1st of December, 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 -0.0589, which signifies that the bond had a -0.0589% 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 (0.04), and Mean Deviation of 1.09 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.

Sharpe Ratio = -0.0589

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Estimated Market Risk

 1.6
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  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.

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COMMONSPIRIT Valuation on August 21, 2024

It is possible to determine the worth of COMMONSPIRIT on a given historical date. On August 21, 2024 COMMONSPIRIT was worth 85.1 at the beginning of the trading date compared to the closed value of 85.1. 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
  84.58    84.58    84.58    84.58    1.00  
08/20/2024
  85.10    85.10    85.10    85.10    1.00  
  84.99    84.99    84.99    84.99    1.00  
Backtest COMMONSPIRIT  |  COMMONSPIRIT History  |  COMMONSPIRIT Valuation   PreviousNext  
Open Value
85.1
85.1
Closing Value
89.89
Upside

COMMONSPIRIT Trading Date Momentum on August 21, 2024

On August 22 2024 COMMONSPIRIT HEALTH was traded for  84.99  at the closing time. The highest price during the trading period was 84.99  and the lowest recorded bid was listed for  84.99 . There was no trading activity during the period 1.0. Lack of trading volume on August 22, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.13% . The overall trading delta to the current price is 0.43% .

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.
A focus of COMMONSPIRIT technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of COMMONSPIRIT 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

COMMONSPIRIT Period Price Range

Low
December 1, 2024
0.00  NaN%
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 1, 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.

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.