Does The 0.96 Beta For Radius Health, Inc. (NASDAQ:RDUS) Place Them on The Buy List?

Examining shares of Radius Health, Inc. (NASDAQ:RDUS), we can see that the stock has a current beta of 0.96. Checking in on current price action, company shares had recently touched 18.67. From the session open, shares have moved -0.48%. Investors will be watching to see how the stock reacts to market influences over the next few weeks. As we near the halfway point of the calendar year, investors may be trying to figure out if now is the time to get in on the name, or whether to wait for a better opportunity.

Investors have many things to keep an eye on when trading the equity market. Riding through the ups and downs that come with market volatility may take some getting used to for beginners. Even if the investor does all the proper research and stock homework, things may not go as planned. One of the more important aspects of securing long-term success in the markets is learning how to execute a well-planned strategy all the way through to completion. Finding that right stocks to add to the portfolio may take some time and effort, but it can be accomplished. Deciding on the proper time to sell can be the trickiest part. Many investors will have the tendency to panic when markets are suffering. Although market panic may be fairly normal, it can have longer lasting adverse effects on the stock portfolio. 

We are also noting that Radius Health, Inc. (NASDAQ:RDUS) was recently seen trading -9.28% away from the 50-day high and 19.14% separated from the 50-day low. Taking a broader view, the current separation from the 52-week high is -50.42%, and the distance from the 52-week low is currently 45.74%. Let’s also look quickly at some analyst views on company shares. At the time of writing, the consensus target price for the company is $31.57. The consensus recommendation provided by covering sell-side analysts is currently 2.30. This number lands on a scale from 1 to 5. Following this scale, a rating of a 1 or a 2 would indicate a consensus Buy recommendation. A rating of 4 or 5 would represent a consensus Sell recommendation. A rating of 3 would indicate a Hold recommendation.

After a recent check, Radius Health, Inc. (NASDAQ:RDUS) shares have been seen trading -1.11% away from the 20-day moving average. Zooming out to the 50-day, we can see that shares are currently trading 3.14% off of that mark. Looking at the 200-day moving average, shares have been trading -8.88% away from that value. The moving average uses the sum of all of the previous closing prices over a certain time period and divides the result by the number of prices used in the calculation. Many investors will opt to use multiple time periods when examining moving averages. Moving averages are considered to be lagging indicators, and they may prove to be very useful for spotting peaks and troughs. They may also be used to help the trader calculate sturdy support and resistance levels for the stock.

Investors may be closely monitoring historical stock price performance in order to examine what has been happening with company shares. Let’s take a look at some of the numbers for Radius Health, Inc. (NASDAQ:RDUS). Stock price performance for the past week is currently noted at 2.87%. If we look back to the beginning of the calendar year, shares have performed 13.22%. Looking back over the past full-year, shares have performed -46.63%. Over the past month, the stock has performed -2.61%. Over the last quarter, the stock has performed 9.37%. Briefly looking at some recent volatility numbers, we can see that shares have been noted at 4.96% for the week, and 5.21% for the past month.

When it comes to investing in the stock market, there are many different styles and strategies that can be used. Some investors will want to do all the work themselves to try to adopt a specific plan all their own. Others will attempt to replicate strategies that have worked for others in the past. Of course, there is no sure bet strategy that will produce instant investing success. Taking the time to study all the different investing methods may be useful for some, but not as helpful for others. What worked in the past may not work again in the future. Investors will often need to decide how much risk they are willing to take on when investing in stocks. Once the risk appetite is figured out, they may want to decide how much and how aggressive they want to invest.