Mednax Inc Stock Price on April 30, 2024

MD Stock  USD 7.45  0.29  3.75%   
Below is the normalized historical share price chart for Mednax Inc extending back to September 20, 1995. 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 Mednax stands at 7.45, as last reported on the 20th of May, with the highest price reaching 7.81 and the lowest price hitting 7.45 during the day.
IPO Date
19th of September 1995
200 Day MA
10.464
50 Day MA
9.1114
Beta
1.587
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mednax Stock, it is important to understand the factors that can impact its price. Mednax Inc has Sharpe Ratio of -0.0498, which conveys that the firm had a -0.0498% return per unit of risk over the last 3 months. Mednax exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mednax's Standard Deviation of 2.51, mean deviation of 1.89, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
  
At present, Mednax's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 6.9 M, whereas Other Stockholder Equity is forecasted to decline to about 695.6 M. . As of May 20, 2024, Price To Sales Ratio is expected to decline to 0.37. The current year's Price Earnings Ratio is expected to grow to -12.29. Mednax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0498

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Estimated Market Risk

 2.27
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mednax 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 Mednax by adding Mednax to a well-diversified portfolio.
Price Book
0.9144
Enterprise Value Ebitda
43.5074
Price Sales
0.3892
Shares Float
81.6 M
Wall Street Target Price
9

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Encompass Health Headline on 30th of April 2024

Encompass Health Corporation Q1 2024 Earnings Call Transcript April 25, 2024 Encompass Health Corporation isnt one of the 30 most popular stocks among hedge funds at the end of the third quarter . Operator Good morning, everyone, and welcome to Encompass Healths First Quarter 2024 Earnings Conference Call. Operator Instructions Todays

Mednax Valuation on April 30, 2024

It is possible to determine the worth of Mednax on a given historical date. On April 30, 2024 Mednax was worth 8.99 at the beginning of the trading date compared to the closed value of 8.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mednax stock. Still, in general, we apply an absolute valuation method to find Mednax'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 Mednax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mednax's related companies.
 Open High Low Close Volume
  9.07    9.19    8.95    9.02    403,757  
04/30/2024
  8.99    8.99    8.81    8.87    746,844  
  8.83    9.25    8.80    9.01    546,382  
Backtest Mednax  |  Mednax History  |  Mednax Valuation   PreviousNext  
Open Value
8.99
8.87
Closing Value
15.81
Upside

Mednax Trading Date Momentum on April 30, 2024

On May 01 2024 Mednax Inc was traded for  9.01  at the closing time. The highest price during the trading period was 9.25  and the lowest recorded bid was listed for  8.80 . The volume for the day was 546.4 K. This history from May 1, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.58% . The trading delta at closing time to the current price is 7.67% .

Mednax Inc Fundamentals Correlations and Trends

By evaluating Mednax'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 Mednax's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mednax financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mednax Stock history

Mednax 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 Mednax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mednax Inc 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 Mednax stock prices may prove useful in developing a viable investing in Mednax
Last ReportedProjected for Next Year
Common Stock Shares Outstanding82.2 M77.1 M
Net Income Applicable To Common Shares59.7 M48.1 M

Mednax Quarterly Net Working Capital

179.24 Million

Mednax Stock Technical Analysis

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

Mednax Period Price Range

Low
April 30, 2024
-0.12  -1.33%
High

 8.99 

     

 8.87 

Mednax May 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Mednax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mednax shares will generate the highest return on investment. By undertsting and applying Mednax stock market strength indicators, traders can identify Mednax Inc entry and exit signals to maximize returns

Mednax Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mednax's price direction in advance. Along with the technical and fundamental analysis of Mednax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mednax 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 Mednax Inc is a strong investment it is important to analyze Mednax'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 Mednax's future performance. For an informed investment choice regarding Mednax Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Mednax Inc information on this page should be used as a complementary analysis to other Mednax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Mednax Stock analysis

When running Mednax's price analysis, check to measure Mednax'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 Mednax is operating at the current time. Most of Mednax's value examination focuses on studying past and present price action to predict the probability of Mednax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mednax's price. Additionally, you may evaluate how the addition of Mednax to your portfolios can decrease your overall portfolio volatility.
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Is Mednax'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 Mednax. If investors know Mednax 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 Mednax 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
(0.71)
Earnings Share
(0.12)
Revenue Per Share
24.244
Quarterly Revenue Growth
0.008
Return On Assets
0.0424
The market value of Mednax Inc is measured differently than its book value, which is the value of Mednax that is recorded on the company's balance sheet. Investors also form their own opinion of Mednax's value that differs from its market value or its book value, called intrinsic value, which is Mednax'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 Mednax's market value can be influenced by many factors that don't directly affect Mednax'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 Mednax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mednax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mednax'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.