Neuehealth Stock Beta
| NEUE Stock | 5.07 0.12 2.42% |
NeueHealth fundamentals help investors to digest information that contributes to NeueHealth's financial success or failures. It also enables traders to predict the movement of NeueHealth Stock. The fundamental analysis module provides a way to measure NeueHealth's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NeueHealth stock.
NeueHealth | Beta |
NeueHealth Company Beta Analysis
NeueHealth's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current NeueHealth Beta | 0.86 |
Most of NeueHealth's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NeueHealth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NeueHealth Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for NeueHealth is extremely important. It helps to project a fair market value of NeueHealth Stock properly, considering its historical fundamentals such as Beta. Since NeueHealth's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NeueHealth's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NeueHealth's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, NeueHealth has a Beta of 0.855. This indicator is about the same for the Health Care Providers & Services average (which is currently at 0.86) sector and significantly higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
NeueHealth Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NeueHealth's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NeueHealth could also be used in its relative valuation, which is a method of valuing NeueHealth by comparing valuation metrics of similar companies.NeueHealth is currently under evaluation in beta category among its peers.
NeueHealth ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NeueHealth's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NeueHealth's managers, analysts, and investors.Environmental | Governance | Social |
NeueHealth returns are very sensitive to returns on the market. As the market goes up or down, NeueHealth is expected to follow.
NeueHealth Fundamentals
| Return On Equity | -1.83 | ||||
| Return On Asset | -0.0358 | ||||
| Profit Margin | (0.99) % | ||||
| Operating Margin | (0.16) % | ||||
| Current Valuation | 1.37 B | ||||
| Shares Outstanding | 8.22 M | ||||
| Shares Owned By Insiders | 5.48 % | ||||
| Shares Owned By Institutions | 63.60 % | ||||
| Number Of Shares Shorted | 42.2 K | ||||
| Revenue | 1.16 B | ||||
| EBITDA | (572.67 M) | ||||
| Net Income | (1.15 B) | ||||
| Total Debt | 370.35 M | ||||
| Cash Flow From Operations | (2.73 B) | ||||
| Short Ratio | 4.22 X | ||||
| Target Price | 24.33 | ||||
| Number Of Employees | 1.25 K | ||||
| Beta | 0.86 | ||||
| Market Capitalization | 52.8 M | ||||
| Total Asset | 1.23 B | ||||
| Retained Earnings | (4.31 B) | ||||
| Working Capital | (302.33 M) | ||||
| Net Asset | 1.23 B |
About NeueHealth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NeueHealth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NeueHealth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NeueHealth based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether NeueHealth is a strong investment it is important to analyze NeueHealth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NeueHealth's future performance. For an informed investment choice regarding NeueHealth Stock, refer to the following important reports:Check out NeueHealth Piotroski F Score and NeueHealth Altman Z Score analysis. For information on how to trade NeueHealth Stock refer to our How to Trade NeueHealth Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.