ModivCare Performance
| MODVDelisted Stock | USD 0.34 0.06 21.43% |
The company secures a Beta (Market Risk) of -4.82, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ModivCare are expected to decrease by larger amounts. On the other hand, during market turmoil, ModivCare is expected to outperform it. ModivCare right now secures a risk of 0.0%. Please verify ModivCare treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if ModivCare will be following its current price movements.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days ModivCare has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable fundamental indicators, ModivCare is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 2.8 M | |
| Total Cashflows From Investing Activities | -27.6 M |
ModivCare |
ModivCare Relative Risk vs. Return Landscape
If you would invest 34.00 in ModivCare on November 11, 2025 and sell it today you would earn a total of 0.00 from holding ModivCare or generate 0.0% return on investment over 90 days. ModivCare is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than ModivCare, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ModivCare Target Price Odds to finish over Current Price
The tendency of ModivCare 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 above the current price in 90 days |
| 0.34 | 90 days | 0.34 | about 99.0 |
Based on a normal probability distribution, the odds of ModivCare to move above the current price in 90 days from now is about 99.0 (This ModivCare probability density function shows the probability of ModivCare Stock to fall within a particular range of prices over 90 days) .
ModivCare Price Density |
| Price |
Predictive Modules for ModivCare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ModivCare. 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 ModivCare'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.
ModivCare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ModivCare is not an exception. The market had few large corrections towards the ModivCare'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 ModivCare, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ModivCare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | -4.82 | |
σ | Overall volatility | 1.04 | |
Ir | Information ratio | -0.04 |
ModivCare 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 ModivCare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ModivCare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ModivCare is not yet fully synchronised with the market data | |
| ModivCare has some characteristics of a very speculative penny stock | |
| ModivCare has a very high chance of going through financial distress in the upcoming years | |
| ModivCare currently holds 1.3 B in liabilities with Debt to Equity (D/E) ratio of 2.88, implying the company greatly relies on financing operations through barrowing. ModivCare has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about ModivCare's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 2.79 B. Net Loss for the year was (201.28 M) with profit before overhead, payroll, taxes, and interest of 417.15 M. | |
| ModivCare currently holds about 72.7 M in cash with (6.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.14, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 68.0% of ModivCare shares are owned by institutional investors |
ModivCare 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 ModivCare Stock often depends not only on the future outlook of the current and potential ModivCare'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. ModivCare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.2 M | |
| Cash And Short Term Investments | 112.6 M |
ModivCare Fundamentals Growth
ModivCare Stock prices reflect investors' perceptions of the future prospects and financial health of ModivCare, and ModivCare fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ModivCare Stock performance.
| Return On Equity | -9.52 | |||
| Return On Asset | 0.0042 | |||
| Profit Margin | (0.08) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 1.29 B | |||
| Shares Outstanding | 14.35 M | |||
| Price To Earning | 52.70 X | |||
| Price To Book | 19.01 X | |||
| Price To Sales | 0 X | |||
| Revenue | 2.79 B | |||
| EBITDA | 4.88 M | |||
| Cash And Equivalents | 72.7 M | |||
| Cash Per Share | 5.14 X | |||
| Total Debt | 1.3 B | |||
| Debt To Equity | 2.88 % | |||
| Book Value Per Share | (6.11) X | |||
| Cash Flow From Operations | (6.41 M) | |||
| Earnings Per Share | (16.09) X | |||
| Total Asset | 1.65 B | |||
| Retained Earnings | (225.72 M) | |||
About ModivCare Performance
Evaluating ModivCare's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ModivCare has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ModivCare has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and patients. ModivCare Inc. was incorporated in 1996 and is headquartered in Denver, Colorado. Modivcare operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 20200 people.Things to note about ModivCare performance evaluation
Checking the ongoing alerts about ModivCare for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ModivCare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ModivCare is not yet fully synchronised with the market data | |
| ModivCare has some characteristics of a very speculative penny stock | |
| ModivCare has a very high chance of going through financial distress in the upcoming years | |
| ModivCare currently holds 1.3 B in liabilities with Debt to Equity (D/E) ratio of 2.88, implying the company greatly relies on financing operations through barrowing. ModivCare has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about ModivCare's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 2.79 B. Net Loss for the year was (201.28 M) with profit before overhead, payroll, taxes, and interest of 417.15 M. | |
| ModivCare currently holds about 72.7 M in cash with (6.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.14, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 68.0% of ModivCare shares are owned by institutional investors |
- Analyzing ModivCare's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ModivCare's stock is overvalued or undervalued compared to its peers.
- Examining ModivCare's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ModivCare's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ModivCare's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ModivCare's stock. These opinions can provide insight into ModivCare's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in ModivCare Stock
If you are still planning to invest in ModivCare check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ModivCare's history and understand the potential risks before investing.
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