Orthofix Medical Stock Price History
OFIX Stock | USD 13.89 0.43 3.19% |
Below is the normalized historical share price chart for Orthofix Medical extending back to May 18, 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 Orthofix Medical stands at 13.89, as last reported on the 8th of May, with the highest price reaching 14.13 and the lowest price hitting 12.59 during the day.
If you're considering investing in Orthofix Stock, it is important to understand the factors that can impact its price. Orthofix Medical maintains Sharpe Ratio (i.e., Efficiency) of -0.0148, which implies the firm had a -0.0148% return per unit of risk over the last 3 months. Orthofix Medical exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orthofix Medical's Coefficient Of Variation of 25683.05, risk adjusted performance of 0.0101, and Semi Deviation of 2.68 to confirm the risk estimate we provide.
Orthofix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orthofix |
Sharpe Ratio = -0.0148
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Estimated Market Risk
2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.04 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 Orthofix Medical 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 Orthofix Medical by adding Orthofix Medical to a well-diversified portfolio.
Orthofix Medical Stock Price History Chart
There are several ways to analyze Orthofix Stock price data. The simplest method is using a basic Orthofix candlestick price chart, which shows Orthofix Medical price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | April 9, 2024 | 14.64 |
Lowest Price | April 26, 2024 | 12.99 |
Orthofix Medical May 8, 2024 Stock Price Synopsis
Various analyses of Orthofix Medical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Orthofix Stock. It can be used to describe the percentage change in the price of Orthofix Medical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Orthofix Stock.Orthofix Medical Price Rate Of Daily Change | 1.03 | |
Orthofix Medical Price Action Indicator | 0.75 | |
Orthofix Medical Price Daily Balance Of Power | 0.28 | |
Orthofix Medical Accumulation Distribution | 81,115 |
Orthofix Medical May 8, 2024 Stock Price Analysis
Orthofix Stock Price History Data
The price series of Orthofix Medical for the period between Thu, Feb 8, 2024 and Wed, May 8, 2024 has a statistical range of 1.65 with a coefficient of variation of 3.62. The daily prices for the period are spread out with arithmetic mean of 13.7. The median price for the last 90 days is 13.67.Open | High | Low | Close | Volume | ||
05/07/2024 | 12.59 | 14.13 | 12.59 | 13.89 | 744,257 | |
05/06/2024 | 13.65 | 13.78 | 13.22 | 13.46 | 292,809 | |
05/03/2024 | 13.52 | 13.84 | 13.52 | 13.60 | 760,549 | |
05/02/2024 | 13.17 | 13.24 | 12.99 | 13.24 | 217,314 | |
05/01/2024 | 13.02 | 13.44 | 12.99 | 13.03 | 228,191 | |
04/30/2024 | 12.98 | 13.17 | 12.89 | 13.00 | 420,924 | |
04/29/2024 | 12.99 | 13.28 | 12.99 | 13.09 | 244,536 | |
04/26/2024 | 13.12 | 13.29 | 12.94 | 12.99 | 258,973 | |
04/25/2024 | 13.42 | 13.49 | 12.97 | 13.10 | 660,021 | |
04/24/2024 | 13.13 | 13.84 | 13.13 | 13.56 | 287,996 | |
04/23/2024 | 13.06 | 13.49 | 13.06 | 13.22 | 219,161 | |
04/22/2024 | 13.05 | 13.32 | 12.82 | 13.08 | 275,511 | |
04/19/2024 | 12.97 | 13.25 | 12.97 | 13.10 | 285,114 | |
04/18/2024 | 13.10 | 13.32 | 12.97 | 13.02 | 383,693 | |
04/17/2024 | 13.38 | 13.38 | 12.87 | 13.00 | 439,619 | |
04/16/2024 | 13.05 | 13.31 | 12.95 | 13.18 | 312,736 | |
04/15/2024 | 13.29 | 13.33 | 12.98 | 13.09 | 293,299 | |
04/12/2024 | 13.76 | 13.80 | 13.24 | 13.32 | 309,399 | |
04/11/2024 | 13.88 | 14.13 | 13.60 | 13.95 | 147,632 | |
04/10/2024 | 14.06 | 14.18 | 13.56 | 13.65 | 225,373 | |
04/09/2024 | 14.33 | 14.67 | 14.16 | 14.64 | 227,682 | |
04/08/2024 | 14.31 | 14.35 | 14.16 | 14.26 | 137,513 | |
04/05/2024 | 14.09 | 14.32 | 13.99 | 14.23 | 193,376 | |
04/04/2024 | 14.02 | 14.37 | 13.87 | 14.19 | 203,445 | |
04/03/2024 | 13.46 | 13.99 | 13.46 | 13.86 | 170,859 | |
04/02/2024 | 13.76 | 13.76 | 13.46 | 13.50 | 310,149 | |
04/01/2024 | 14.60 | 14.60 | 13.80 | 14.06 | 396,453 | |
03/28/2024 | 14.15 | 14.76 | 14.15 | 14.52 | 248,060 | |
03/27/2024 | 13.73 | 14.29 | 13.73 | 14.29 | 211,391 | |
03/26/2024 | 13.70 | 13.74 | 13.48 | 13.62 | 199,545 | |
03/25/2024 | 13.72 | 13.81 | 13.45 | 13.56 | 167,374 | |
03/22/2024 | 14.18 | 14.18 | 13.38 | 13.43 | 465,781 | |
03/21/2024 | 14.20 | 14.29 | 14.04 | 14.06 | 257,106 | |
03/20/2024 | 13.78 | 14.20 | 13.72 | 14.06 | 222,528 | |
03/19/2024 | 13.44 | 13.90 | 13.14 | 13.88 | 286,940 | |
03/18/2024 | 13.80 | 13.89 | 13.31 | 13.31 | 328,538 | |
03/15/2024 | 13.67 | 13.80 | 13.05 | 13.74 | 951,017 | |
03/14/2024 | 14.35 | 14.35 | 13.71 | 13.82 | 365,808 | |
03/13/2024 | 13.94 | 14.42 | 13.94 | 14.29 | 292,053 | |
03/12/2024 | 14.26 | 14.26 | 13.85 | 14.05 | 387,239 | |
03/11/2024 | 14.00 | 14.36 | 13.96 | 14.30 | 358,952 | |
03/08/2024 | 14.51 | 14.55 | 13.87 | 14.00 | 362,968 | |
03/07/2024 | 14.24 | 14.56 | 13.97 | 14.34 | 481,799 | |
03/06/2024 | 13.00 | 14.42 | 13.00 | 14.13 | 707,089 | |
03/05/2024 | 12.99 | 13.13 | 12.75 | 13.00 | 529,578 | |
03/04/2024 | 12.93 | 13.33 | 12.82 | 13.07 | 466,485 | |
03/01/2024 | 13.11 | 13.11 | 12.82 | 13.00 | 471,272 | |
02/29/2024 | 13.24 | 13.24 | 12.77 | 13.06 | 437,735 | |
02/28/2024 | 13.51 | 13.51 | 13.06 | 13.10 | 359,067 | |
02/27/2024 | 13.54 | 13.75 | 13.42 | 13.67 | 332,328 | |
02/26/2024 | 13.56 | 13.79 | 13.35 | 13.46 | 462,740 | |
02/23/2024 | 13.54 | 13.69 | 13.17 | 13.65 | 419,664 | |
02/22/2024 | 13.61 | 13.78 | 13.31 | 13.43 | 212,789 | |
02/21/2024 | 13.64 | 13.67 | 13.38 | 13.62 | 423,275 | |
02/20/2024 | 13.67 | 13.84 | 13.63 | 13.76 | 359,937 | |
02/16/2024 | 14.07 | 14.16 | 13.78 | 13.79 | 447,753 | |
02/15/2024 | 14.08 | 14.25 | 13.97 | 14.23 | 399,188 | |
02/14/2024 | 13.98 | 14.05 | 13.64 | 14.00 | 323,443 | |
02/13/2024 | 14.11 | 14.15 | 13.36 | 13.53 | 627,415 | |
02/12/2024 | 14.34 | 14.62 | 14.34 | 14.40 | 460,775 | |
02/09/2024 | 14.59 | 14.68 | 14.37 | 14.42 | 236,661 |
About Orthofix Medical Stock history
Orthofix Medical 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 Orthofix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orthofix Medical 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 Orthofix Medical stock prices may prove useful in developing a viable investing in Orthofix Medical
Orthofix Medical Inc. operates as a medical device and biologics company in the United States, Italy, Germany, France, the United Kingdom, Brazil, and internationally. Orthofix Medical Inc. was founded in 1980 and is headquartered in Lewisville, Texas. Orthofix Intl operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 1087 people.
Orthofix Medical Stock Technical Analysis
Orthofix Medical 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.
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Orthofix Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orthofix Medical's price direction in advance. Along with the technical and fundamental analysis of Orthofix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orthofix 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 | 0.0101 | |||
Jensen Alpha | 0.0128 | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0) |
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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When running Orthofix Medical's price analysis, check to measure Orthofix Medical'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 Orthofix Medical is operating at the current time. Most of Orthofix Medical's value examination focuses on studying past and present price action to predict the probability of Orthofix Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orthofix Medical's price. Additionally, you may evaluate how the addition of Orthofix Medical to your portfolios can decrease your overall portfolio volatility.
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Is Orthofix Medical'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 Orthofix Medical. If investors know Orthofix 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 Orthofix Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Orthofix Medical is measured differently than its book value, which is the value of Orthofix that is recorded on the company's balance sheet. Investors also form their own opinion of Orthofix Medical's value that differs from its market value or its book value, called intrinsic value, which is Orthofix Medical'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 Orthofix Medical's market value can be influenced by many factors that don't directly affect Orthofix Medical'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 Orthofix Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orthofix Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orthofix Medical'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.