Gohealth Stock Alpha and Beta Analysis
| GOCO Stock | USD 11.50 0.20 1.77% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as GoHealth. It also helps investors analyze the systematic and unsystematic risks associated with investing in GoHealth over a specified time horizon. Remember, high GoHealth's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to GoHealth's market risk premium analysis include:
Beta 0.53 | Alpha 0.72 | Risk 4.31 | Sharpe Ratio 0.1 | Expected Return 0.45 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
GoHealth |
GoHealth Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. GoHealth market risk premium is the additional return an investor will receive from holding GoHealth long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GoHealth. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate GoHealth's performance over market.| α | 0.72 | β | 0.53 |
GoHealth expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of GoHealth's Buy-and-hold return. Our buy-and-hold chart shows how GoHealth performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.GoHealth Market Price Analysis
Market price analysis indicators help investors to evaluate how GoHealth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoHealth shares will generate the highest return on investment. By understating and applying GoHealth stock market price indicators, traders can identify GoHealth position entry and exit signals to maximize returns.
GoHealth Return and Market Media
The median price of GoHealth for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 9.59 with a coefficient of variation of 15.59. The daily time series for the period is distributed with a sample standard deviation of 1.55, arithmetic mean of 9.93, and mean deviation of 1.3. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | GoHealth Acquiring e-TeleQuote, Strengthening Position as Leading Medicare Insurance Marketplace | 09/04/2024 |
2 | Disposition of 5545 shares by Hargis Mike of GoHealth at 8.28 subject to Rule 16b-3 | 09/12/2024 |
3 | GoHealth appoints Brendan Shanahan as CFO | 10/10/2024 |
4 | Insider Trading | 10/14/2024 |
5 | GoHealth leveraging proprietary technology to help consumers navigate an unprecedented Annual Enrollment Period, as new data shows millions of Medicare benefici... | 10/15/2024 |
6 | GoHealth to Announce Third Quarter 2024 Results on November 7, 2024 | 10/24/2024 |
7 | Acquisition by Brendan Shanahan of 150000 shares of GoHealth subject to Rule 16b-3 | 11/01/2024 |
8 | GoHealth Q3 Earnings Preview | 11/06/2024 |
9 | GoHealth Reports Third Quarter 2024 Results | 11/07/2024 |
10 | GoHealth, Inc. Q3 2024 Earnings Call Transcript | 11/11/2024 |
About GoHealth Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including GoHealth or other stocks. Alpha measures the amount that position in GoHealth has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0288 | 0.0259 | 0.0272 | Price To Sales Ratio | 0.38 | 0.17 | 0.16 |
GoHealth Upcoming Company Events
As portrayed in its financial statements, the presentation of GoHealth's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, GoHealth's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of GoHealth's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of GoHealth. Please utilize our Beneish M Score to check the likelihood of GoHealth's management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with GoHealth
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Align your risk with return expectations
Check out GoHealth Backtesting, GoHealth Valuation, GoHealth Correlation, GoHealth Hype Analysis, GoHealth Volatility, GoHealth History and analyze GoHealth Performance. To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
GoHealth 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.