P3 Health Partners Stock Market Value
| PIIIW Stock | USD 0.01 0.0005 4.42% |
| Symbol | PIIIW |
P3 Health Partners Price To Book Ratio
Is Health Care Equipment & Supplies 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 P3 Health. If investors know PIIIW 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 P3 Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.34) | Revenue Per Share 11.552 | Quarterly Revenue Growth 0.152 | Return On Assets (0.12) | Return On Equity (0.41) |
The market value of P3 Health Partners is measured differently than its book value, which is the value of PIIIW that is recorded on the company's balance sheet. Investors also form their own opinion of P3 Health's value that differs from its market value or its book value, called intrinsic value, which is P3 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 P3 Health's market value can be influenced by many factors that don't directly affect P3 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 P3 Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if P3 Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, P3 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.
P3 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 P3 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 P3 Health.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in P3 Health on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding P3 Health Partners or generate 0.0% return on investment in P3 Health over 720 days. P3 Health is related to or competes with Baxter International, West Pharmaceutical, ResMed, Cooper Companies,, ICU Medical, AngioDynamics, and AptarGroup. P3 Health Partners Inc. provides primary health care services More
P3 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 P3 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 P3 Health Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 28.63 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 146.05 | |||
| Value At Risk | (43.60) | |||
| Potential Upside | 33.7 |
P3 Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for P3 Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as P3 Health's standard deviation. In reality, there are many statistical measures that can use P3 Health historical prices to predict the future P3 Health's volatility.| Risk Adjusted Performance | 0.0115 | |||
| Jensen Alpha | 0.002 | |||
| Total Risk Alpha | (3.73) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1191 |
P3 Health Partners Backtested Returns
P3 Health Partners retains Efficiency (Sharpe Ratio) of -0.0274, which implies the company had a -0.0274% return per unit of price deviation over the last 3 months. P3 Health exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check P3 Health's market risk adjusted performance of 0.1291, and Standard Deviation of 25.25 to confirm the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, P3 Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding P3 Health is expected to be smaller as well. At this point, P3 Health Partners has a negative expected return of -0.74%. Please make sure to check P3 Health's standard deviation and the relationship between the value at risk and market facilitation index , to decide if P3 Health Partners performance from the past will be repeated sooner or later.
Auto-correlation | -0.4 |
Poor reverse predictability
P3 Health Partners has poor reverse predictability. Overlapping area represents the amount of predictability between P3 Health time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 P3 Health Partners price movement. The serial correlation of -0.4 indicates that just about 40.0% of current P3 Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
P3 Health Partners lagged returns against current returns
Autocorrelation, which is P3 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 P3 Health's stock expected returns. We can calculate the autocorrelation of P3 Health returns to help us make a trade decision. For example, suppose you find that P3 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 |
P3 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 P3 Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if P3 Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in P3 Health stock over time.
Current vs Lagged Prices |
| Timeline |
P3 Health Lagged Returns
When evaluating P3 Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of P3 Health stock have on its future price. P3 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, P3 Health autocorrelation shows the relationship between P3 Health stock current value and its past values and can show if there is a momentum factor associated with investing in P3 Health Partners.
Regressed Prices |
| Timeline |
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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.Additional Tools for PIIIW Stock Analysis
When running P3 Health's price analysis, check to measure P3 Health'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 P3 Health is operating at the current time. Most of P3 Health's value examination focuses on studying past and present price action to predict the probability of P3 Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move P3 Health's price. Additionally, you may evaluate how the addition of P3 Health to your portfolios can decrease your overall portfolio volatility.