Alignment Healthcare Llc Stock Probability of Future Stock Price Finishing Over 16.08
| ALHC Stock | USD 12.39 0.34 2.82% |
Alignment |
Alignment Healthcare Target Price Odds to finish over 16.08
The tendency of Alignment Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 16.08 or more in 90 days |
| 12.39 | 90 days | 16.08 | near 1 |
Based on a normal probability distribution, the odds of Alignment Healthcare to move over $ 16.08 or more in 90 days from now is near 1 (This Alignment Healthcare LLC probability density function shows the probability of Alignment Stock to fall within a particular range of prices over 90 days) . Probability of Alignment Healthcare LLC price to stay between its current price of $ 12.39 and $ 16.08 at the end of the 90-day period is about 18.03 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.43 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Alignment Healthcare will likely underperform. Additionally Alignment Healthcare LLC has an alpha of 0.3772, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Alignment Healthcare Price Density |
| Price |
Predictive Modules for Alignment Healthcare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alignment Healthcare LLC. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Alignment Healthcare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alignment Healthcare is not an exception. The market had few large corrections towards the Alignment Healthcare's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Alignment Healthcare LLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alignment Healthcare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 1.43 | |
σ | Overall volatility | 1.28 | |
Ir | Information ratio | 0.09 |
Alignment Healthcare Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Alignment Healthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alignment Healthcare LLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alignment Healthcare is way too risky over 90 days horizon | |
| Alignment Healthcare appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.82 B. Net Loss for the year was (148.17 M) with profit before overhead, payroll, taxes, and interest of 184.28 M. | |
| Alignment Healthcare LLC currently holds about 567.45 M in cash with (59.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.03. | |
| Alignment Healthcare has a frail financial position based on the latest SEC disclosures | |
| Over 87.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Alignment Healthcare Inc Stock Price Up 6.58 percent on Nov 20 |
Alignment Healthcare Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Alignment Stock often depends not only on the future outlook of the current and potential Alignment Healthcare's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Alignment Healthcare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 186.2 M | |
| Cash And Short Term Investments | 202.9 M |
Alignment Healthcare Technical Analysis
Alignment Healthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Alignment Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alignment Healthcare LLC. In general, you should focus on analyzing Alignment Stock price patterns and their correlations with different microeconomic environments and drivers.
Alignment Healthcare Predictive Forecast Models
Alignment Healthcare's time-series forecasting models is one of many Alignment Healthcare's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Alignment Healthcare's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Alignment Healthcare LLC
Checking the ongoing alerts about Alignment Healthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alignment Healthcare LLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alignment Healthcare is way too risky over 90 days horizon | |
| Alignment Healthcare appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.82 B. Net Loss for the year was (148.17 M) with profit before overhead, payroll, taxes, and interest of 184.28 M. | |
| Alignment Healthcare LLC currently holds about 567.45 M in cash with (59.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.03. | |
| Alignment Healthcare has a frail financial position based on the latest SEC disclosures | |
| Over 87.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Alignment Healthcare Inc Stock Price Up 6.58 percent on Nov 20 |
Check out Alignment Healthcare Backtesting, Alignment Healthcare Valuation, Alignment Healthcare Correlation, Alignment Healthcare Hype Analysis, Alignment Healthcare Volatility, Alignment Healthcare History as well as Alignment Healthcare Performance. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Health Care Providers & Services space 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 Alignment Healthcare. If investors know Alignment 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 Alignment Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.76) | Revenue Per Share 12.994 | Quarterly Revenue Growth 0.516 | Return On Assets (0.10) | Return On Equity (0.95) |
The market value of Alignment Healthcare LLC is measured differently than its book value, which is the value of Alignment that is recorded on the company's balance sheet. Investors also form their own opinion of Alignment Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Alignment 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 Alignment Healthcare's market value can be influenced by many factors that don't directly affect Alignment 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 Alignment Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alignment Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alignment 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.