Privia Health Group Stock Alpha and Beta Analysis
| PRVA Stock | USD 21.48 0.18 0.83% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Privia Health Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Privia Health over a specified time horizon. Remember, high Privia 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 Privia Health's market risk premium analysis include:
Beta 1.84 | Alpha (0.12) | Risk 2.65 | Sharpe Ratio 0.0764 | Expected Return 0.2 |
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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.
Privia |
Privia Health Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Privia Health market risk premium is the additional return an investor will receive from holding Privia 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 Privia 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 Privia Health's performance over market.| α | -0.12 | β | 1.84 |
Privia 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 Privia Health's Buy-and-hold return. Our buy-and-hold chart shows how Privia Health performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Privia Health Market Price Analysis
Market price analysis indicators help investors to evaluate how Privia 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 Privia Health shares will generate the highest return on investment. By understating and applying Privia Health stock market price indicators, traders can identify Privia Health position entry and exit signals to maximize returns.
Privia Health Return and Market Media
The median price of Privia Health for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 18.73 with a coefficient of variation of 8.59. The daily time series for the period is distributed with a sample standard deviation of 1.64, arithmetic mean of 19.15, and mean deviation of 1.37. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 18595 shares by Parth Mehrotra of Privia Health at 2.0 subject to Rule 16b-3 | 09/10/2024 |
2 | Disposition of 16144 shares by Parth Mehrotra of Privia Health at 2.0 subject to Rule 16b-3 | 09/11/2024 |
3 | Lower Instruments Sales to Hurt TXG Q3 Earnings, Prelim Sales Down | 10/28/2024 |
4 | Acquisition by Mccarthy Thomas A of 7758 shares of Privia Health subject to Rule 16b-3 | 10/29/2024 |
5 | Privia Health Group Inc Shares Up 5.45 percent on Oct 30 | 10/30/2024 |
6 | There Are Reasons To Feel Uneasy About Privia Health Groups Returns On Capital | 11/04/2024 |
7 | Clover Health Investments, Corp. Reports Q3 Loss, Lags Revenue Estimates | 11/06/2024 |
8 | Compared to Estimates, Privia Health Q3 Earnings A Look at Key Metrics | 11/07/2024 |
9 | Privia Health Group Inc Q3 2024 Earnings Call Highlights Strong Financial Performance ... | 11/08/2024 |
10 | Disposition of 10634 shares by Thomas Bartrum of Privia Health at 26.3 subject to Rule 16b-3 | 11/12/2024 |
11 | Some May Be Optimistic About Privia Health Groups Earnings | 11/14/2024 |
12 | Disposition of 2320 shares by Mountcastle David of Privia Health at 18.42 subject to Rule 16b-3 | 11/25/2024 |
About Privia 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 Privia or other stocks. Alpha measures the amount that position in Privia Health Group 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 | 44.35 | 51.01 | 64.02 | 37.21 | PTB Ratio | 6.54 | 5.04 | 4.79 | 4.55 |
Privia Health Upcoming Company Events
As portrayed in its financial statements, the presentation of Privia Health's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Privia Health's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Privia Health's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Privia Health. Please utilize our Beneish M Score to check the likelihood of Privia Health's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Privia Health Backtesting, Privia Health Valuation, Privia Health Correlation, Privia Health Hype Analysis, Privia Health Volatility, Privia Health History and analyze Privia Health Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Privia Health technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.