Neuehealth Stock Probability of Future Stock Price Finishing Over 14.86
| NEUE Stock | 4.77 0.13 2.65% |
NeueHealth |
NeueHealth Target Price Odds to finish over 14.86
The tendency of NeueHealth 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 14.86 or more in 90 days |
| 4.77 | 90 days | 14.86 | close to zero percent |
Based on a normal probability distribution, the odds of NeueHealth to move over 14.86 or more in 90 days from now is close to zero percent (This NeueHealth probability density function shows the probability of NeueHealth Stock to fall within a particular range of prices over 90 days) . Probability of NeueHealth price to stay between its current price of 4.77 and 14.86 at the end of the 90-day period is about 92.84 .
Given the investment horizon of 90 days NeueHealth has a beta of 0.14. This indicates as returns on the market go up, NeueHealth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NeueHealth will be expected to be much smaller as well. Additionally NeueHealth has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. NeueHealth Price Density |
| Price |
Predictive Modules for NeueHealth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NeueHealth. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NeueHealth'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.
NeueHealth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NeueHealth is not an exception. The market had few large corrections towards the NeueHealth'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 NeueHealth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NeueHealth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.05 |
NeueHealth 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 NeueHealth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NeueHealth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NeueHealth generated a negative expected return over the last 90 days | |
| NeueHealth has high historical volatility and very poor performance | |
| NeueHealth has a very high chance of going through financial distress in the upcoming years | |
| NeueHealth was previously known as Bright Health Group and was traded on New York Stock Exchange under the symbol BHG. | |
| The company reported the previous year's revenue of 1.16 B. Net Loss for the year was (1.15 B) with profit before overhead, payroll, taxes, and interest of 0. | |
| NeueHealth generates negative cash flow from operations | |
| NeueHealth has a frail financial position based on the latest SEC disclosures | |
| About 64.0% of the company shares are owned by institutional investors | |
| Latest headline from prnewswire.com: SIGEP WORLD CHRISTMAS OBSERVATORY BY IEG NEUE IDEEN UND TRENDS FR DIE FESTLICHE TAFEL |
NeueHealth 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 NeueHealth Stock often depends not only on the future outlook of the current and potential NeueHealth'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. NeueHealth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8 M | |
| Cash And Short Term Investments | 93.6 M |
NeueHealth Technical Analysis
NeueHealth's future price can be derived by breaking down and analyzing its technical indicators over time. NeueHealth Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NeueHealth. In general, you should focus on analyzing NeueHealth Stock price patterns and their correlations with different microeconomic environments and drivers.
NeueHealth Predictive Forecast Models
NeueHealth's time-series forecasting models is one of many NeueHealth'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 NeueHealth'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 NeueHealth
Checking the ongoing alerts about NeueHealth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NeueHealth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NeueHealth generated a negative expected return over the last 90 days | |
| NeueHealth has high historical volatility and very poor performance | |
| NeueHealth has a very high chance of going through financial distress in the upcoming years | |
| NeueHealth was previously known as Bright Health Group and was traded on New York Stock Exchange under the symbol BHG. | |
| The company reported the previous year's revenue of 1.16 B. Net Loss for the year was (1.15 B) with profit before overhead, payroll, taxes, and interest of 0. | |
| NeueHealth generates negative cash flow from operations | |
| NeueHealth has a frail financial position based on the latest SEC disclosures | |
| About 64.0% of the company shares are owned by institutional investors | |
| Latest headline from prnewswire.com: SIGEP WORLD CHRISTMAS OBSERVATORY BY IEG NEUE IDEEN UND TRENDS FR DIE FESTLICHE TAFEL |
Check out NeueHealth Backtesting, NeueHealth Valuation, NeueHealth Correlation, NeueHealth Hype Analysis, NeueHealth Volatility, NeueHealth History as well as NeueHealth Performance. For information on how to trade NeueHealth Stock refer to our How to Trade NeueHealth Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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 NeueHealth. If investors know NeueHealth 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 NeueHealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 145.939 | Quarterly Revenue Growth 0.286 | Return On Assets (0.04) | Return On Equity (1.83) |
The market value of NeueHealth is measured differently than its book value, which is the value of NeueHealth that is recorded on the company's balance sheet. Investors also form their own opinion of NeueHealth's value that differs from its market value or its book value, called intrinsic value, which is NeueHealth'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 NeueHealth's market value can be influenced by many factors that don't directly affect NeueHealth'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 NeueHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if NeueHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeueHealth'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.