Bright Health Group Performance
| BHGDelisted Stock | USD 12.29 0.39 3.08% |
The firm shows a Beta (market volatility) of 1.25, 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, Bright Health will likely underperform. Bright Health Group right now shows a risk of 0.0%. Please confirm Bright Health Group value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to decide if Bright Health Group will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Bright Health Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical indicators, Bright Health is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 1.6 B | |
| Free Cash Flow | -2.3 B |
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Bright Health Relative Risk vs. Return Landscape
If you would invest 1,229 in Bright Health Group on August 28, 2024 and sell it today you would earn a total of 0.00 from holding Bright Health Group or generate 0.0% return on investment over 90 days. Bright Health Group is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Bright, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Bright Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bright Health's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bright Health Group, and traders can use it to determine the average amount a Bright Health's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Bright Health is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bright Health by adding Bright Health to a well-diversified portfolio.
Bright Health Fundamentals Growth
Bright Stock prices reflect investors' perceptions of the future prospects and financial health of Bright Health, and Bright Health fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bright Stock performance.
| Return On Equity | -1.19 | |||
| Return On Asset | -0.0701 | |||
| Profit Margin | (0.58) % | |||
| Operating Margin | (0.21) % | |||
| Current Valuation | 1.25 B | |||
| Shares Outstanding | 7.98 M | |||
| Price To Book | 0.95 X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 2.76 B | |||
| EBITDA | (334.34 M) | |||
| Cash And Equivalents | 466.32 M | |||
| Cash Per Share | 3.61 X | |||
| Total Debt | 303.95 M | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | (132.46) X | |||
| Cash Flow From Operations | (2.27 B) | |||
| Earnings Per Share | (136.21) X | |||
| Total Asset | 4.67 B | |||
| Retained Earnings | (3.16 B) | |||
About Bright Health Performance
By analyzing Bright Health's fundamental ratios, stakeholders can gain valuable insights into Bright Health's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bright Health has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bright Health has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. Bright Health Group, Inc. was incorporated in 2015 and is headquartered in Minneapolis, Minnesota. Bright Health operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 3203 people.Things to note about Bright Health Group performance evaluation
Checking the ongoing alerts about Bright Health for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bright Health Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bright Health Group is now traded under the symbol NEUE. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Bright Health Group is not yet fully synchronised with the market data | |
| Bright Health Group has a very high chance of going through financial distress in the upcoming years | |
| Bright Health Group has 303.95 M in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. Bright Health Group has a current ratio of 0.85, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Bright to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 2.76 B. Reported Net Loss for the year was (1.59 B) with profit before taxes, overhead, and interest of 205.79 M. | |
| Bright Health Group has about 466.32 M in cash with (2.27 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.61. | |
| Roughly 65.0% of Bright Health shares are held by institutions such as insurance companies |
- Analyzing Bright Health's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bright Health's stock is overvalued or undervalued compared to its peers.
- Examining Bright Health's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bright Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bright Health's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bright Health's stock. These opinions can provide insight into Bright Health's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Bright Stock
If you are still planning to invest in Bright Health Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bright Health's history and understand the potential risks before investing.
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