Disposition of 1102 shares by Paola Arbour of Tenet Healthcare at 94.29 subject to Rule 16b-3
THC Stock | USD 166.26 1.59 0.97% |
About 52% of Tenet Healthcare's shareholders are presently thinking to get in. The analysis of overall sentiment of trading Tenet Healthcare stock suggests that some investors are interested at this time. The current market sentiment, together with Tenet Healthcare's historical and current headlines, can help investors time the market. In addition, many technical investors use Tenet Healthcare stock news signals to limit their universe of possible portfolio assets.
Filed transaction by Tenet Healthcare Officer Evp, Chief Information Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
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Tenet Healthcare Fundamental Analysis
We analyze Tenet Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenet Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenet Healthcare 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
Tenet Healthcare 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.
Tenet Healthcare 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 Tenet Healthcare stock to make a market-neutral strategy. Peer analysis of Tenet Healthcare could also be used in its relative valuation, which is a method of valuing Tenet Healthcare by comparing valuation metrics with similar companies.
Peers
Tenet Healthcare Related Equities
PNTG | Pennant | 0.68 | ||||
ACHC | Acadia Healthcare | 0.44 | ||||
INNV | InnovAge Holding | 0.25 | ||||
USPH | US Physicalrapy | 0.24 | ||||
ENSG | Ensign | 0.16 | ||||
HCA | HCA Holdings | 0.06 | ||||
ADUS | Addus HomeCare | 0.12 | ||||
DVA | DaVita HealthCare | 0.24 | ||||
AMN | AMN Healthcare | 0.28 | ||||
BKD | Brookdale Senior | 0.31 | ||||
SGRY | Surgery Partners | 0.39 | ||||
UHS | Universal Health | 1.05 | ||||
EHC | Encompass Health | 1.23 | ||||
SEM | Select Medical | 1.68 |
Complementary Tools for Tenet Stock analysis
When running Tenet Healthcare's price analysis, check to measure Tenet Healthcare'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 Tenet Healthcare is operating at the current time. Most of Tenet Healthcare's value examination focuses on studying past and present price action to predict the probability of Tenet Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Healthcare's price. Additionally, you may evaluate how the addition of Tenet Healthcare to your portfolios can decrease your overall portfolio volatility.
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