HealthStream Competitors
| HSTM Stock | USD 20.31 0.43 2.16% |
HealthStream vs Day One Correlation
Pay attention - limited upside
The correlation between HealthStream and DAWN is -0.76 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding HealthStream and DAWN in the same portfolio, assuming nothing else is changed.
Moving together with HealthStream Stock
| 0.89 | GLH | Global Health | PairCorr |
| 0.78 | DH | Definitive Healthcare Earnings Call This Week | PairCorr |
| 0.93 | 7XE | NIGHTINGALE HEALTH | PairCorr |
| 0.91 | DOCS | Doximity | PairCorr |
Moving against HealthStream Stock
| 0.84 | ALMDT | Mediantechn | PairCorr |
| 0.81 | AJ91 | DocCheck AG | PairCorr |
| 0.81 | FDBK | Feedback PLC | PairCorr |
| 0.41 | OC9 | Omnicell | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HealthStream's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
HealthStream Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between HealthStream and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of HealthStream and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of HealthStream does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between HealthStream Stock performing well and HealthStream Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze HealthStream's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NUTX | 5.61 | (0.05) | (0.01) | 0.01 | 7.12 | 13.09 | 45.89 | |||
| EVH | 2.75 | (0.84) | 0.00 | (1.16) | 0.00 | 4.51 | 20.55 | |||
| AMN | 2.59 | (0.06) | 0.00 | (0.01) | 0.00 | 4.49 | 44.40 | |||
| GLUE | 4.02 | 0.58 | 0.12 | (5.39) | 3.75 | 10.83 | 53.94 | |||
| BFLY | 4.90 | 0.51 | 0.11 | 0.25 | 4.87 | 12.50 | 35.76 | |||
| MYGN | 2.31 | (0.60) | 0.00 | (0.40) | 0.00 | 5.67 | 14.61 | |||
| CDNA | 2.62 | 0.23 | 0.08 | 0.24 | 3.16 | 6.10 | 28.32 | |||
| REPL | 2.54 | (0.14) | 0.00 | (0.10) | 0.00 | 5.56 | 14.00 | |||
| TBPH | 2.23 | 0.39 | 0.15 | 0.46 | 2.27 | 4.60 | 28.70 | |||
| DAWN | 3.90 | 0.29 | 0.06 | 0.49 | 3.96 | 11.23 | 33.27 |
Cross Equities Net Income Analysis
Compare HealthStream and related stocks such as Nutex Health, Evolent Health, and AMN Healthcare Services Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NUTX | 605.3 K | (383.4 K) | 83.8 K | 83.8 K | 83.8 K | 83.8 K | (7.4 M) | 582.1 K | (2.8 M) | 20.9 M | 106 M | 132.6 M | (424.8 M) | (45.8 M) | 52.2 M | 47 M | 49.3 M |
| EVH | (19.3 M) | (19.3 M) | (19.3 M) | 20 M | (25.2 M) | 332.5 M | (159.7 M) | (60.7 M) | (52.7 M) | (302 M) | (334.2 M) | (37.6 M) | (19.2 M) | (113 M) | (61.6 M) | (55.5 M) | (58.2 M) |
| AMN | (5.2 M) | (26.3 M) | 17.1 M | 32.9 M | 33.2 M | 81.9 M | 105.8 M | 132.6 M | 141.7 M | 114 M | 70.7 M | 327.4 M | 444.1 M | 210.7 M | (147 M) | (169 M) | (160.6 M) |
| GLUE | (8 M) | (8 M) | (8 M) | (8 M) | (8 M) | (8 M) | (8 M) | (8 M) | (8 M) | (8 M) | (35.9 M) | (74 M) | (108.5 M) | (135.4 M) | (72.7 M) | (65.4 M) | (68.7 M) |
| BFLY | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (50.8 M) | (99.6 M) | (162.7 M) | (32.4 M) | (168.7 M) | (133.7 M) | (72.5 M) | (65.2 M) | (68.5 M) |
| MYGN | (5.9 M) | 100.7 M | 112.2 M | 147.1 M | 176.2 M | 80.2 M | 125.3 M | 21.8 M | 131 M | 4.6 M | (223.7 M) | (27.2 M) | (112 M) | (263.3 M) | (127.3 M) | (114.6 M) | (108.8 M) |
| CDNA | (5.1 M) | (5.1 M) | (5.1 M) | (3.5 M) | 781 K | (13.7 M) | (39.5 M) | (55.5 M) | (46.8 M) | (22 M) | (18.7 M) | (30.7 M) | (76.6 M) | (190.3 M) | 52.5 M | 47.3 M | 49.7 M |
| REPL | (7.7 M) | (7.7 M) | (7.7 M) | (7.7 M) | (7.7 M) | (7.7 M) | (7.7 M) | (19.7 M) | (30.8 M) | (52.6 M) | (80.9 M) | (118 M) | (174.3 M) | (215.8 M) | (247.3 M) | (222.6 M) | (211.4 M) |
| TBPH | (109.3 M) | (109.3 M) | (9.6 M) | (156.3 M) | (237 M) | (182.2 M) | (190.7 M) | (285.4 M) | (215.5 M) | (236.5 M) | (278 M) | (199.4 M) | 872.1 M | (55.2 M) | (56.4 M) | (64.9 M) | (68.1 M) |
| DAWN | (12.6 M) | (12.6 M) | (12.6 M) | (12.6 M) | (12.6 M) | (12.6 M) | (12.6 M) | (12.6 M) | (12.6 M) | (12.6 M) | (40.5 M) | (70.4 M) | (132.2 M) | (188.9 M) | (95.5 M) | (85.9 M) | (90.2 M) |
HealthStream and related stocks such as Nutex Health, Evolent Health, and AMN Healthcare Services Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in HealthStream financial statement analysis. It represents the amount of money remaining after all of HealthStream operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.HealthStream Competitive Analysis
The better you understand HealthStream competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, HealthStream's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across HealthStream's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
HealthStream Competition Performance Charts
Five steps to successful analysis of HealthStream Competition
HealthStream's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by HealthStream in relation to its competition. HealthStream's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of HealthStream in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact HealthStream's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to HealthStream, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out HealthStream Correlation with its peers. To learn how to invest in HealthStream Stock, please use our How to Invest in HealthStream guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Will Health Care Technology sector continue expanding? Could HealthStream diversify its offerings? Factors like these will boost the valuation of HealthStream. Market participants price HealthStream higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every HealthStream data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.062 | Dividend Share 0.121 | Earnings Share 0.68 | Revenue Per Share | Quarterly Revenue Growth 0.046 |
The market value of HealthStream is measured differently than its book value, which is the value of HealthStream that is recorded on the company's balance sheet. Investors also form their own opinion of HealthStream's value that differs from its market value or its book value, called intrinsic value, which is HealthStream's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because HealthStream's market value can be influenced by many factors that don't directly affect HealthStream'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 HealthStream's value and its price as these two are different measures arrived at by different means. Investors typically determine if HealthStream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, HealthStream's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.