Boston Scientific Corp Stock Price on March 1, 2024
| BSX Stock | USD 75.63 1.25 1.68% |
Below is the normalized historical share price chart for Boston Scientific Corp extending back to May 19, 1992. 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 Boston Scientific stands at 75.63, as last reported on the 26th of May, with the highest price reaching 76.13 and the lowest price hitting 74.54 during the day.
If you're considering investing in Boston Stock, it is important to understand the factors that can impact its price. Boston Scientific appears to be very steady, given 3 months investment horizon. Boston Scientific Corp secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Boston Scientific Corp, which you can use to evaluate the volatility of the firm. Please makes use of Boston Scientific's Mean Deviation of 0.8575, downside deviation of 0.8968, and Risk Adjusted Performance of 0.1031 to double-check if our risk estimates are consistent with your expectations.
At this time, Boston Scientific's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 36.6 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.2 B in 2024. . At this time, Boston Scientific's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.40 in 2024, whereas Price To Sales Ratio is likely to drop 4.58 in 2024. Boston Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of May 1992 | 200 Day MA 60.1576 | 50 Day MA 70.561 | Beta 0.769 |
Boston |
Sharpe Ratio = 0.1714
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Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Boston Scientific is performing at about 13% of its full potential. 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 Boston Scientific by adding it to a well-diversified portfolio.
Price Book 5.1893 | Enterprise Value Ebitda 31.5388 | Price Sales 7.0264 | Shares Float 1.5 B | Wall Street Target Price 82.38 |
Boston Scientific Valuation on March 1, 2024
It is possible to determine the worth of Boston Scientific on a given historical date. On March 1, 2024 Boston was worth 66.35 at the beginning of the trading date compared to the closed value of 67.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Boston Scientific stock. Still, in general, we apply an absolute valuation method to find Boston Scientific'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 Boston Scientific where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Boston Scientific's related companies.
| Open | High | Low | Close | Volume | |
| 66.83 | 66.83 | 66.00 | 66.21 | 9,710,701 | |
03/01/2024 | 66.35 | 67.40 | 66.30 | 67.13 | 5,663,881 |
| 67.11 | 67.45 | 66.80 | 67.43 | 7,853,462 |
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Boston Scientific Trading Date Momentum on March 1, 2024
| On March 04 2024 Boston Scientific Corp was traded for 67.43 at the closing time. Highest Boston Scientific's price during the trading hours was 67.45 and the lowest price during the day was 66.80 . The net volume was 7.9 M. The overall trading history on the 4th of March contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.45% . The overall trading delta to current price is 0.60% . |
Boston Scientific Corp Fundamentals Correlations and Trends
By evaluating Boston Scientific'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 Boston Scientific's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Boston financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Boston Scientific Stock history
Boston Scientific 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 Boston is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Boston Scientific Corp 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 Boston Scientific stock prices may prove useful in developing a viable investing in Boston Scientific
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 1.2 B | |
| Net Income Applicable To Common Shares | 738.3 M | 775.2 M |
Boston Scientific Quarterly Net Working Capital |
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Boston Scientific Stock Technical Analysis
Boston Scientific 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
Boston Scientific Period Price Range
Low | March 1, 2024
| High |
66.35 | 67.13 |
Boston Scientific May 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Boston Scientific stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Boston Scientific shares will generate the highest return on investment. By undertsting and applying Boston Scientific stock market strength indicators, traders can identify Boston Scientific Corp entry and exit signals to maximize returns
Boston Scientific Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Boston Scientific's price direction in advance. Along with the technical and fundamental analysis of Boston Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Boston 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 | 0.1031 | |||
| Jensen Alpha | 0.1605 | |||
| Total Risk Alpha | 0.1102 | |||
| Sortino Ratio | 0.1653 | |||
| Treynor Ratio | 0.2751 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Scientific Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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When running Boston Scientific's price analysis, check to measure Boston Scientific'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 Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.
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Is Boston Scientific's industry 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 Boston Scientific. If investors know Boston 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 Boston Scientific 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 0.579 | Earnings Share 1.19 | Revenue Per Share 10.065 | Quarterly Revenue Growth 0.138 | Return On Assets 0.0454 |
The market value of Boston Scientific Corp is measured differently than its book value, which is the value of Boston that is recorded on the company's balance sheet. Investors also form their own opinion of Boston Scientific's value that differs from its market value or its book value, called intrinsic value, which is Boston Scientific'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 Boston Scientific's market value can be influenced by many factors that don't directly affect Boston Scientific'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 Boston Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boston Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boston Scientific'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.