Astrana Health Stock Forecast - Daily Balance Of Power

ASTH Stock   37.74  0.76  1.97%   
Astrana Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Astrana Health's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Astrana Health's Payables Turnover is increasing as compared to previous years. The Astrana Health's current Receivables Turnover is estimated to increase to 10.51, while Fixed Asset Turnover is projected to decrease to 25.06. . The Astrana Health's current Common Stock Shares Outstanding is estimated to increase to about 49.4 M. The Astrana Health's current Net Income Applicable To Common Shares is estimated to increase to about 59.2 M.
On December 11, 2024 Astrana Health had Daily Balance Of Power of (0.96). Balance of Power indicator (or BOP) measures the strength of Astrana Health market sensitivity to bulls and bears. It estimates the ability of Astrana Health buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Astrana Health Balance of Power indicator one can determine a trend of the price direction.
Check Astrana Health VolatilityBacktest Astrana HealthTrend Details  

Astrana Health Trading Date Momentum

On December 12 2024 Astrana Health was traded for  37.74  at the closing time. The top price for the day was 39.28  and the lowest listed price was  37.71 . The trading volume for the day was 214.9 K. The trading history from December 12, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.97% . The overall trading delta against the current closing price is 0.00% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Astrana Health

For every potential investor in Astrana, whether a beginner or expert, Astrana Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Astrana Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Astrana. Basic forecasting techniques help filter out the noise by identifying Astrana Health's price trends.

Astrana Health Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Astrana Health stock to make a market-neutral strategy. Peer analysis of Astrana Health could also be used in its relative valuation, which is a method of valuing Astrana Health by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Astrana Health Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Astrana Health's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Astrana Health's current price.

Astrana Health Market Strength Events

Market strength indicators help investors to evaluate how Astrana 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 Astrana Health shares will generate the highest return on investment. By undertsting and applying Astrana Health stock market strength indicators, traders can identify Astrana Health entry and exit signals to maximize returns.

Astrana Health Risk Indicators

The analysis of Astrana Health's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Astrana Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting astrana stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether Astrana Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astrana Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Astrana Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrana Health Stock:
Check out Historical Fundamental Analysis of Astrana Health to cross-verify your projections.
For more detail on how to invest in Astrana Stock please use our How to Invest in Astrana Health guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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 Astrana Health. If investors know Astrana 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 Astrana Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Earnings Share
1.3
Revenue Per Share
36.415
Quarterly Revenue Growth
0.375
Return On Assets
0.0449
The market value of Astrana Health is measured differently than its book value, which is the value of Astrana that is recorded on the company's balance sheet. Investors also form their own opinion of Astrana Health's value that differs from its market value or its book value, called intrinsic value, which is Astrana Health'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 Astrana Health's market value can be influenced by many factors that don't directly affect Astrana Health'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 Astrana Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astrana Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrana Health'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.