Brightspring Health Services, Stock Alpha and Beta Analysis
| BTSGU Stock | 71.13 1.98 2.86% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as BrightSpring Health Services,. It also helps investors analyze the systematic and unsystematic risks associated with investing in BrightSpring Health over a specified time horizon. Remember, high BrightSpring Health's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to BrightSpring Health's market risk premium analysis include:
Beta 1.1 | Alpha 0.46 | Risk 2.37 | Sharpe Ratio 0.27 | Expected Return 0.65 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
BrightSpring |
BrightSpring Health Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. BrightSpring Health market risk premium is the additional return an investor will receive from holding BrightSpring Health long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BrightSpring Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate BrightSpring Health's performance over market.| α | 0.46 | β | 1.10 |
BrightSpring Health expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of BrightSpring Health's Buy-and-hold return. Our buy-and-hold chart shows how BrightSpring Health performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.BrightSpring Health Market Price Analysis
Market price analysis indicators help investors to evaluate how BrightSpring Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BrightSpring Health shares will generate the highest return on investment. By understating and applying BrightSpring Health stock market price indicators, traders can identify BrightSpring Health position entry and exit signals to maximize returns.
BrightSpring Health Return and Market Media
The median price of BrightSpring Health for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 57.28 with a coefficient of variation of 11.84. The daily time series for the period is distributed with a sample standard deviation of 7.02, arithmetic mean of 59.28, and mean deviation of 5.74. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Unisphere Establishment Trims Stock Holdings in BrightSpring Health Services, Inc. - MarketBeat | 09/25/2024 |
2 | FMR LLCs Strategic Acquisition in BrightSpring Health Services Inc - Yahoo Finance | 10/07/2024 |
| BrightSpring Health dividend paid on 1st of November 2024 | 11/01/2024 |
3 | BrightSpring Health Services, Inc. Just Missed Earnings Heres What Analysts Are Forecasting Now - Yahoo Finance | 11/06/2024 |
4 | BrightSpring Health to Present at BTIG and Bank of America Healthcare Conferences BTSG Stock News - StockTitan | 11/21/2024 |
5 | Walleye Capital LLC Sells 100,000 Shares of BrightSpring Health Services, Inc. | 11/29/2024 |
About BrightSpring Health Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including BrightSpring or other stocks. Alpha measures the amount that position in BrightSpring Health has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 43.87 | 41.05 | 41.8 | 49.01 | PTB Ratio | 2.43 | 2.49 | 3.22 | 3.38 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BrightSpring Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BrightSpring Health's short interest history, or implied volatility extrapolated from BrightSpring Health options trading.
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Additional Tools for BrightSpring Stock Analysis
When running BrightSpring Health's price analysis, check to measure BrightSpring Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BrightSpring Health is operating at the current time. Most of BrightSpring Health's value examination focuses on studying past and present price action to predict the probability of BrightSpring Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BrightSpring Health's price. Additionally, you may evaluate how the addition of BrightSpring Health to your portfolios can decrease your overall portfolio volatility.