Viemed Healthcare Stock Price on February 15, 2024
| VMD Stock | USD 7.10 0.04 0.57% |
Below is the normalized historical share price chart for Viemed Healthcare extending back to January 04, 2018. 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 Viemed Healthcare stands at 7.10, as last reported on the 30th of May, with the highest price reaching 7.23 and the lowest price hitting 6.95 during the day.
If you're considering investing in Viemed Stock, it is important to understand the factors that can impact its price. Viemed Healthcare owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0984, which indicates the firm had a -0.0984% return per unit of risk over the last 3 months. Viemed Healthcare exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Viemed Healthcare's Risk Adjusted Performance of (0.05), coefficient of variation of (1,048), and Variance of 7.05 to confirm the risk estimate we provide.
At present, Viemed Healthcare's Common Stock is projected to increase significantly based on the last few years of reporting. . At present, Viemed Healthcare's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.39, whereas Price Earnings Ratio is forecasted to decline to 21.38. Viemed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of December 2017 | 200 Day MA 7.8343 | 50 Day MA 8.1151 | Beta 1.382 |
Viemed |
Sharpe Ratio = -0.0984
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Estimated Market Risk
| 2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Viemed Healthcare 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 Viemed Healthcare by adding Viemed Healthcare to a well-diversified portfolio.
Price Book 2.7767 | Enterprise Value Ebitda 8.5541 | Price Sales 1.7323 | Shares Float 34 M | Wall Street Target Price 13.75 |
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Viemed Healthcare Valuation on February 15, 2024
It is possible to determine the worth of Viemed Healthcare on a given historical date. On February 15, 2024 Viemed was worth 8.57 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 Viemed Healthcare stock. Still, in general, we apply an absolute valuation method to find Viemed Healthcare'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 Viemed Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Viemed Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 8.52 | 8.62 | 8.41 | 8.53 | 78,153 | |
02/15/2024 | 8.57 | 8.88 | 8.46 | 8.87 | 105,940 |
| 8.85 | 8.87 | 8.58 | 8.66 | 93,650 |
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Viemed Healthcare Trading Date Momentum on February 15, 2024
| On February 16 2024 Viemed Healthcare was traded for 8.66 at the closing time. Highest Viemed Healthcare's price during the trading hours was 8.87 and the lowest price during the day was 8.58 . The net volume was 93.7 K. The overall trading history on the 16th of February 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 2.37% . The trading price change to current price is 3.27% . |
Viemed Healthcare Fundamentals Correlations and Trends
By evaluating Viemed Healthcare'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 Viemed Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Viemed financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Viemed Healthcare Stock history
Viemed Healthcare 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 Viemed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Viemed Healthcare 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 Viemed Healthcare stock prices may prove useful in developing a viable investing in Viemed Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 40.4 M | 38.7 M | |
| Net Income Applicable To Common Shares | 7.2 M | 11.6 M |
Viemed Healthcare Quarterly Net Working Capital |
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Viemed Healthcare Stock Technical Analysis
Viemed Healthcare 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
Viemed Healthcare Period Price Range
Low | February 15, 2024
| High |
8.57 | 8.87 |
Viemed Healthcare May 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Viemed Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Viemed Healthcare shares will generate the highest return on investment. By undertsting and applying Viemed Healthcare stock market strength indicators, traders can identify Viemed Healthcare entry and exit signals to maximize returns
Viemed Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Viemed Healthcare's price direction in advance. Along with the technical and fundamental analysis of Viemed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Viemed 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 | (0.05) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.22) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viemed Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Viemed Stock analysis
When running Viemed Healthcare's price analysis, check to measure Viemed Healthcare'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 Viemed Healthcare is operating at the current time. Most of Viemed Healthcare's value examination focuses on studying past and present price action to predict the probability of Viemed Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viemed Healthcare's price. Additionally, you may evaluate how the addition of Viemed Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Viemed Healthcare'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 Viemed Healthcare. If investors know Viemed 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 Viemed Healthcare 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 0.006 | Earnings Share 0.25 | Revenue Per Share 5.041 | Quarterly Revenue Growth 0.279 | Return On Assets 0.0716 |
The market value of Viemed Healthcare is measured differently than its book value, which is the value of Viemed that is recorded on the company's balance sheet. Investors also form their own opinion of Viemed Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Viemed Healthcare'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 Viemed Healthcare's market value can be influenced by many factors that don't directly affect Viemed Healthcare'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 Viemed Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viemed Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viemed Healthcare'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.