TruBridge Competitors
| TBRG Stock | USD 18.96 0.03 0.16% |
TruBridge vs Senseonics Holdings Correlation
Very good diversification
The correlation between TruBridge and SENS is -0.27 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TruBridge and SENS in the same portfolio, assuming nothing else is changed.
Moving against TruBridge Stock
| 0.51 | AROC | Archrock Symbol Change | PairCorr |
| 0.39 | CHS | Comprehensive Healthcare Earnings Call Today | PairCorr |
| 0.39 | APETF | Alpha Esports Tech | PairCorr |
TruBridge Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between TruBridge 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 TruBridge 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 TruBridge does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between TruBridge Stock performing well and TruBridge 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 TruBridge'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPOK | 1.08 | (0.03) | (0.05) | 0.02 | 1.44 | 2.33 | 6.41 | |||
| DH | 2.64 | (0.57) | 0.00 | (0.45) | 0.00 | 4.85 | 30.23 | |||
| NRC | 2.76 | 0.09 | 0.01 | 0.24 | 5.07 | 5.17 | 27.21 | |||
| CERS | 3.56 | 0.62 | 0.17 | 0.42 | 3.53 | 10.19 | 30.94 | |||
| LFMD | 3.68 | (1.09) | 0.00 | (0.23) | 0.00 | 8.55 | 28.11 | |||
| OPRX | 2.90 | (1.05) | 0.00 | (0.48) | 0.00 | 6.04 | 17.61 | |||
| SOPH | 2.89 | 0.01 | 0.02 | 0.09 | 3.25 | 6.21 | 24.71 | |||
| SLP | 2.26 | (0.38) | 0.00 | (0.28) | 0.00 | 5.08 | 22.31 | |||
| MASS | 3.11 | (0.19) | 0.00 | (16.45) | 0.00 | 6.91 | 23.15 | |||
| SENS | 3.42 | 0.16 | 0.07 | 0.14 | 4.02 | 8.04 | 18.36 |
Cross Equities Net Income Analysis
Compare TruBridge and related stocks such as Spok Holdings, Definitive Healthcare, and National Research Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPOK | (309.8 M) | 88.6 M | 32 M | 27.5 M | 20.7 M | 84.2 M | 14 M | (15.3 M) | (1.5 M) | (10.8 M) | (44.2 M) | (22.2 M) | 21.9 M | 15.7 M | 15 M | 17.2 M | 18.1 M |
| DH | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (36.4 M) | (52.6 M) | (51.9 M) | (7.2 M) | (202.4 M) | (413.1 M) | (371.8 M) | (353.2 M) |
| NRC | 514 K | 11.6 M | 15.1 M | 15.5 M | 18.2 M | 17.6 M | 20.5 M | 22.9 M | 30 M | 32.4 M | 37.3 M | 37.5 M | 31.8 M | 31 M | 24.8 M | 11.6 M | 14.3 M |
| CERS | (14.7 M) | (17 M) | (15.9 M) | (43.3 M) | (38.6 M) | (55.9 M) | (62.9 M) | (60.6 M) | (57.6 M) | (71.2 M) | (59.9 M) | (54.4 M) | (42.8 M) | (37.5 M) | (20.9 M) | (18.8 M) | (19.8 M) |
| LFMD | (502.9 K) | (502.9 K) | (445.6 K) | (268.3 K) | (460.5 K) | (62 K) | (1.1 M) | (1.2 M) | (1.2 M) | (3.1 M) | (60.5 M) | (60.9 M) | (45.5 M) | (20.6 M) | (18.9 M) | (17 M) | (17.8 M) |
| OPRX | (361.5 K) | (2.1 M) | (364 K) | 215.8 K | (1 M) | (595.1 K) | (1.5 M) | (2.1 M) | 226.3 K | (3.1 M) | (2.2 M) | 378.1 K | (11.4 M) | (17.6 M) | (20.1 M) | (18.1 M) | (17.2 M) |
| SOPH | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (39.3 M) | (73.7 M) | (87.4 M) | (79 M) | (62.5 M) | (56.2 M) | (59.1 M) |
| SLP | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 5.8 M | 8.9 M | 8.6 M | 9.3 M | 9.8 M | 12.5 M | 10 M | 10 M | (64.7 M) | (58.2 M) | (55.3 M) |
| MASS | (7.5 M) | (7.5 M) | (7.5 M) | (7.5 M) | (7.5 M) | (7.5 M) | (7.5 M) | (7.5 M) | (7.5 M) | (13.4 M) | (12.8 M) | (22.2 M) | (31.7 M) | (36.4 M) | (72.2 M) | (65 M) | (61.7 M) |
| SENS | (18.8 M) | (18.8 M) | (18.8 M) | (18.8 M) | (18.9 M) | (29.9 M) | (43.9 M) | (59.1 M) | (94 M) | (115.5 M) | (175.2 M) | (302.5 M) | 142.1 M | (60.4 M) | (78.6 M) | (70.8 M) | (74.3 M) |
TruBridge and related stocks such as Spok Holdings, Definitive Healthcare, and National Research Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in TruBridge financial statement analysis. It represents the amount of money remaining after all of TruBridge operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.TruBridge Competitive Analysis
The better you understand TruBridge competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, TruBridge'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 TruBridge'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 |
TruBridge Competition Performance Charts
Five steps to successful analysis of TruBridge Competition
TruBridge'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 TruBridge in relation to its competition. TruBridge's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of TruBridge 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 TruBridge's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to TruBridge, 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 TruBridge Correlation with its peers. For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Can Health Care Technology industry sustain growth momentum? Does TruBridge have expansion opportunities? Factors like these will boost the valuation of TruBridge. If investors know TruBridge will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating TruBridge demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.62) | Earnings Share 0.23 | Revenue Per Share | Quarterly Revenue Growth 0.017 | Return On Assets |
Understanding TruBridge requires distinguishing between market price and book value, where the latter reflects TruBridge's accounting equity. The concept of intrinsic value - what TruBridge's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push TruBridge's price substantially above or below its fundamental value.
Please note, there is a significant difference between TruBridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if TruBridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, TruBridge's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.