Molina Healthcare Stock Price on December 31, 2022
| MOH Stock | USD 339.55 0.68 0.20% |
Below is the normalized historical share price chart for Molina Healthcare extending back to July 02, 2003. 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 Molina Healthcare stands at 339.55, as last reported on the 3rd of May, with the highest price reaching 342.51 and the lowest price hitting 336.37 during the day.
If you're considering investing in Molina Stock, it is important to understand the factors that can impact its price. Molina Healthcare has Sharpe Ratio of -0.0244, which conveys that the firm had a -0.0244% return per unit of risk over the last 3 months. Molina Healthcare exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Molina Healthcare's Mean Deviation of 1.1, risk adjusted performance of (0.02), and Standard Deviation of 1.61 to check out the risk estimate we provide.
As of now, Molina Healthcare's Stock Based Compensation is increasing as compared to previous years. . As of now, Molina Healthcare's Price Earnings Ratio is decreasing as compared to previous years. The Molina Healthcare's current Price Earnings To Growth Ratio is estimated to increase to 0.53, while Price To Sales Ratio is projected to decrease to 0.58. Molina Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of July 2003 | 200 Day MA 355.6721 | 50 Day MA 386.5188 | Beta 0.493 |
Molina |
Sharpe Ratio = -0.0244
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| Negative Returns | MOH |
Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Molina 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 Molina Healthcare by adding Molina Healthcare to a well-diversified portfolio.
Price Book 5.2339 | Enterprise Value Ebitda 8.7952 | Price Sales 0.6685 | Shares Float 57.9 M | Wall Street Target Price 403.48 |
Molina Healthcare Valuation on December 31, 2022
It is possible to determine the worth of Molina Healthcare on a given historical date. On December 31, 2022 Molina was worth 331.41 at the beginning of the trading date compared to the closed value of 330.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Molina Healthcare stock. Still, in general, we apply an absolute valuation method to find Molina 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 Molina Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Molina Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 334.88 | 334.92 | 332.51 | 333.27 | 202,684 | |
12/30/2022 | 331.41 | 332.17 | 327.06 | 330.22 | 272,282 |
| 327.00 | 328.39 | 308.74 | 318.92 | 1,276,816 |
| Backtest Molina Healthcare | | | Molina Healthcare History | | | Molina Healthcare Valuation | Previous | Next |
Molina Healthcare Trading Date Momentum on December 31, 2022
| On January 03 2023 Molina Healthcare was traded for 318.92 at the closing time. Highest Molina Healthcare's price during the trading hours was 328.39 and the lowest price during the day was 308.74 . The net volume was 1.3 M. The overall trading history on the 3rd of January contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 3.42% . The trading delta at closing time to current price is 8.11% . |
Molina Healthcare Fundamentals Correlations and Trends
By evaluating Molina 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 Molina Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Molina financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Molina Healthcare Stock history
Molina 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 Molina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Molina 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 Molina Healthcare stock prices may prove useful in developing a viable investing in Molina Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 58.1 M | 51.5 M | |
| Net Income Applicable To Common Shares | 910.8 M | 956.3 M |
Molina Healthcare Quarterly Net Working Capital |
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Molina Healthcare Stock Technical Analysis
Molina 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
Molina Healthcare Period Price Range
Low | December 30, 2022
| High |
331.41 | 330.22 |
Molina Healthcare May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Molina 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 Molina Healthcare shares will generate the highest return on investment. By undertsting and applying Molina Healthcare stock market strength indicators, traders can identify Molina Healthcare entry and exit signals to maximize returns
Molina Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Molina Healthcare's price direction in advance. Along with the technical and fundamental analysis of Molina Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Molina 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 | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.11) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Molina 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 persons. For more detail on how to invest in Molina Stock please use our How to Invest in Molina Healthcare guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Molina Stock analysis
When running Molina Healthcare's price analysis, check to measure Molina 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 Molina Healthcare is operating at the current time. Most of Molina Healthcare's value examination focuses on studying past and present price action to predict the probability of Molina 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 Molina Healthcare's price. Additionally, you may evaluate how the addition of Molina Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Molina 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 Molina Healthcare. If investors know Molina 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 Molina 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 (0.06) | Earnings Share 18.43 | Revenue Per Share 599.654 | Quarterly Revenue Growth 0.208 | Return On Assets 0.0688 |
The market value of Molina Healthcare is measured differently than its book value, which is the value of Molina that is recorded on the company's balance sheet. Investors also form their own opinion of Molina Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Molina 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 Molina Healthcare's market value can be influenced by many factors that don't directly affect Molina 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 Molina Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Molina Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Molina 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.