ModivCare Inc Stock Price Down 4.02 percent on Sep 10 - GuruFocus.com
| PRF0 Stock | EUR 6.90 0.25 3.76% |
Roughly 55% of MODIVCARE INC's stockholders are presently thinking to get in. The analysis of current outlook of investing in MODIVCARE INC DL 001 suggests that some traders are interested regarding MODIVCARE INC's prospects. The current market sentiment, together with MODIVCARE INC's historical and current headlines, can help investors time the market. In addition, many technical investors use MODIVCARE INC DL stock news signals to limit their universe of possible portfolio assets.
MODIVCARE INC stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of MODIVCARE daily returns and investor perception about the current price of MODIVCARE INC DL 001 as well as its diversification or hedging effects on your existing portfolios.
MODIVCARE |
ModivCare Inc Stock Price Down 4.02 percent on Sep 10 GuruFocus.com
Read at news.google.com
 |
MODIVCARE INC Fundamental Analysis
We analyze MODIVCARE INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MODIVCARE INC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MODIVCARE INC 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.
Beta
Beta Comparative Analysis
MODIVCARE INC is currently under evaluation in beta category among its peers. 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.
MODIVCARE INC DL Potential Pair-trading
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 MODIVCARE INC stock to make a market-neutral strategy. Peer analysis of MODIVCARE INC could also be used in its relative valuation, which is a method of valuing MODIVCARE INC by comparing valuation metrics with similar companies.
Peers
MODIVCARE INC Related Equities
| IUI1 | INTUITIVE SURGICAL | 2.21 | ||||
| FRE | Fresenius | 2.19 | ||||
| INL | Intel | 2.17 | ||||
| RRU | Rolls-Royce Holdings | 1.89 | ||||
| VOW | Volkswagen | 1.41 | ||||
| 39O1 | Origin Agritech | 1.14 | ||||
| 8SP | Superior Plus | 0.96 | ||||
| RS6 | Reliance Steel | 0.94 | ||||
| INVN | Identiv | 5.31 |
Complementary Tools for MODIVCARE Stock analysis
When running MODIVCARE INC's price analysis, check to measure MODIVCARE INC'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 MODIVCARE INC is operating at the current time. Most of MODIVCARE INC's value examination focuses on studying past and present price action to predict the probability of MODIVCARE INC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MODIVCARE INC's price. Additionally, you may evaluate how the addition of MODIVCARE INC to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |