Gohealth Stock Statistic Functions Beta
GOCO Stock | USD 11.90 0.40 3.48% |
Symbol |
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on GoHealth correlated with the market. If Beta is less than 0 GoHealth generally moves in the opposite direction as compared to the market. If GoHealth Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GoHealth is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GoHealth is generally in the same direction as the market. If Beta > 1 GoHealth moves generally in the same direction as, but more than the movement of the benchmark.
GoHealth Technical Analysis Modules
Most technical analysis of GoHealth help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for GoHealth from various momentum indicators to cycle indicators. When you analyze GoHealth charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About GoHealth Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of GoHealth. We use our internally-developed statistical techniques to arrive at the intrinsic value of GoHealth based on widely used predictive technical indicators. In general, we focus on analyzing GoHealth Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GoHealth's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of GoHealth's intrinsic value. In addition to deriving basic predictive indicators for GoHealth, we also check how macroeconomic factors affect GoHealth price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0288 | 0.0259 | 0.0272 | Price To Sales Ratio | 0.38 | 0.17 | 0.16 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GoHealth's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Property & Casualty Insurance 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 GoHealth. If investors know GoHealth 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 GoHealth 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 4.241 | Earnings Share (3.29) | Revenue Per Share 69.776 | Quarterly Revenue Growth (0.10) | Return On Assets (0.03) |
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth'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 GoHealth's market value can be influenced by many factors that don't directly affect GoHealth'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 GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth'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.