Agilon Health Stock Market Value
| AGL Stock | USD 2.26 0.37 19.58% |
| Symbol | Agilon |
agilon health Price To Book Ratio
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 Agilon Health. If investors know Agilon 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 Agilon 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 11.951 | Earnings Share (0.76) | Revenue Per Share 13.717 | Quarterly Revenue Growth 0.276 | Return On Assets (0.1) |
The market value of agilon health is measured differently than its book value, which is the value of Agilon that is recorded on the company's balance sheet. Investors also form their own opinion of Agilon Health's value that differs from its market value or its book value, called intrinsic value, which is Agilon 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 Agilon Health's market value can be influenced by many factors that don't directly affect Agilon 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 Agilon Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agilon Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilon 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.
Agilon Health 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Agilon Health's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Agilon Health.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Agilon Health on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding agilon health or generate 0.0% return on investment in Agilon Health over 30 days. Agilon Health is related to or competes with Ensign, Universal Health, Addus HomeCare, Encompass Health, Surgery Partners, Acadia Healthcare, and Amedisys. agilon health, inc. offers healthcare services for seniors through primary care physicians in the communities of the Uni... More
Agilon Health Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Agilon Health's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess agilon health upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 45.03 | |||
| Value At Risk | (11.52) | |||
| Potential Upside | 9.09 |
Agilon Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agilon Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agilon Health's standard deviation. In reality, there are many statistical measures that can use Agilon Health historical prices to predict the future Agilon Health's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (1.37) | |||
| Total Risk Alpha | (2.16) | |||
| Treynor Ratio | (0.37) |
agilon health Backtested Returns
agilon health secures Sharpe Ratio (or Efficiency) of -0.083, which signifies that the company had a -0.083% return per unit of risk over the last 3 months. agilon health exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Agilon Health's Risk Adjusted Performance of (0.1), standard deviation of 7.2, and Coefficient Of Variation of (706.75) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.78, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Agilon Health will likely underperform. At this point, agilon health has a negative expected return of -0.64%. Please make sure to confirm Agilon Health's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if agilon health performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.49 |
Modest reverse predictability
agilon health has modest reverse predictability. Overlapping area represents the amount of predictability between Agilon Health time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of agilon health price movement. The serial correlation of -0.49 indicates that about 49.0% of current Agilon Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
agilon health lagged returns against current returns
Autocorrelation, which is Agilon Health stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Agilon Health's stock expected returns. We can calculate the autocorrelation of Agilon Health returns to help us make a trade decision. For example, suppose you find that Agilon Health has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Agilon Health regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Agilon Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agilon Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agilon Health stock over time.
Current vs Lagged Prices |
| Timeline |
Agilon Health Lagged Returns
When evaluating Agilon Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agilon Health stock have on its future price. Agilon Health autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Agilon Health autocorrelation shows the relationship between Agilon Health stock current value and its past values and can show if there is a momentum factor associated with investing in agilon health.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Agilon Health Correlation, Agilon Health Volatility and Agilon Health Alpha and Beta module to complement your research on Agilon Health. For more information on how to buy Agilon Stock please use our How to buy in Agilon Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Agilon Health technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.