Streamline Health Solutions Stock Alpha and Beta Analysis
| STRM Stock | USD 3.12 0.03 0.95% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Streamline Health Solutions. It also helps investors analyze the systematic and unsystematic risks associated with investing in Streamline Health over a specified time horizon. Remember, high Streamline Health'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 Streamline Health's market risk premium analysis include:
Beta 0.84 | Alpha (0.99) | Risk 11.1 | Sharpe Ratio (0.07) | Expected Return (0.83) |
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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.
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Streamline Health Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Streamline Health market risk premium is the additional return an investor will receive from holding Streamline Health 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 Streamline Health. 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 Streamline Health's performance over market.| α | -0.99 | β | 0.84 |
Streamline Health 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 Streamline Health's Buy-and-hold return. Our buy-and-hold chart shows how Streamline Health performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Streamline Health Market Price Analysis
Market price analysis indicators help investors to evaluate how Streamline Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Streamline Health shares will generate the highest return on investment. By understating and applying Streamline Health stock market price indicators, traders can identify Streamline Health position entry and exit signals to maximize returns.
Streamline Health Return and Market Media
The median price of Streamline Health for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 2.7 with a coefficient of variation of 57.9. The daily time series for the period is distributed with a sample standard deviation of 2.16, arithmetic mean of 3.72, and mean deviation of 1.7. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Streamline Health Reports Fiscal Second Quarter 2024 Financial Results | 09/11/2024 |
2 | Streamline Health Solutions, Inc. Q2 2024 Earnings Call Transcript | 09/13/2024 |
3 | Acquisition by Tamarack Global Healthcare Fund, L.p. of 625000 shares of Streamline Health at 1.6 subject to Rule 16b-3 | 09/18/2024 |
4 | Acquisition by Ben Stilwill of 6300 shares of Streamline Health at 0.16 subject to Rule 16b-3 | 09/20/2024 |
5 | Streamline Health Announces Reverse Split, Adjusts Securities | 09/27/2024 |
6 | Streamline Health Debuts eValuator Quality Module | 10/08/2024 |
7 | Streamline Health Announces New eValuator Contract With Texas-Based Health System | 11/05/2024 |
8 | Light-it Launches CompliantChatGPT v2 Advanced AI Solutions to Reduce Medical Burden and Streamline Healthcare Workflows - Markets Insider | 11/21/2024 |
9 | Acquisition by Wendy Lovvorn of 170000 shares of Streamline Health at 1.75 subject to Rule 16b-3 | 11/22/2024 |
About Streamline Health 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 Streamline or other stocks. Alpha measures the amount that position in Streamline Health 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 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 98.0 | 127.28 | 81.04 | 114.83 | PTB Ratio | 25.84 | 45.0 | 1.17 | 1.11 |
Streamline Health Upcoming Company Events
As portrayed in its financial statements, the presentation of Streamline Health's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Streamline Health's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Streamline Health's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Streamline Health. Please utilize our Beneish M Score to check the likelihood of Streamline Health's management manipulating its earnings.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
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Check out Streamline Health Backtesting, Streamline Health Valuation, Streamline Health Correlation, Streamline Health Hype Analysis, Streamline Health Volatility, Streamline Health History and analyze Streamline Health Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Streamline 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.