Molina Healthcare Stock Market Value
| MOH Stock | USD 367.41 4.19 1.15% |
| Symbol | Molina |
Molina Healthcare Price To Book Ratio
Is Molina Healthcare's industry 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 Molina Healthcare. If investors know Molina 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 Molina Healthcare 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 2.842 | Earnings Share 18.78 | Revenue Per Share 571.976 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0743 |
The market value of Molina Healthcare is measured differently than its book value, which is the value of Molina that is recorded on the company's balance sheet. Investors also form their own opinion of Molina Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Molina Healthcare'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 Molina Healthcare's market value can be influenced by many factors that don't directly affect Molina Healthcare'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 Molina Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Molina Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Molina Healthcare'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.
Molina Healthcare '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 Molina Healthcare'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 Molina Healthcare.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Molina Healthcare on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Molina Healthcare or generate 0.0% return on investment in Molina Healthcare over 30 days. Molina Healthcare is related to or competes with Humana, and CVS Health. Molina Healthcare, Inc. provides managed health care services to low-income families and individuals under the Medicaid ... More
Molina Healthcare 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 Molina Healthcare'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 Molina Healthcare upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.11 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 1.88 |
Molina Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Molina Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Molina Healthcare's standard deviation. In reality, there are many statistical measures that can use Molina Healthcare historical prices to predict the future Molina Healthcare's volatility.| Risk Adjusted Performance | 0.0072 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Molina Healthcare'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.
Molina Healthcare Backtested Returns
We consider Molina Healthcare very steady. Molina Healthcare has Sharpe Ratio of 0.0581, which conveys that the firm had a 0.0581% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Molina Healthcare, which you can use to evaluate the volatility of the firm. Please verify Molina Healthcare's Downside Deviation of 1.77, risk adjusted performance of 0.0072, and Mean Deviation of 1.05 to check out if the risk estimate we provide is consistent with the expected return of 0.0881%. Molina Healthcare has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Molina Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Molina Healthcare is expected to be smaller as well. Molina Healthcare right now secures a risk of 1.52%. Please verify Molina Healthcare semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Molina Healthcare will be following its current price movements.
Auto-correlation | 0.83 |
Very good predictability
Molina Healthcare has very good predictability. Overlapping area represents the amount of predictability between Molina Healthcare time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Molina Healthcare price movement. The serial correlation of 0.83 indicates that around 83.0% of current Molina Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 65.0 |
Molina Healthcare lagged returns against current returns
Autocorrelation, which is Molina Healthcare 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 Molina Healthcare's stock expected returns. We can calculate the autocorrelation of Molina Healthcare returns to help us make a trade decision. For example, suppose you find that Molina Healthcare 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 |
Molina Healthcare 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 Molina Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Molina Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Molina Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
Molina Healthcare Lagged Returns
When evaluating Molina Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Molina Healthcare stock have on its future price. Molina Healthcare 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, Molina Healthcare autocorrelation shows the relationship between Molina Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Molina Healthcare.
Regressed Prices |
| Timeline |
Molina Healthcare Investors Sentiment
The influence of Molina Healthcare's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Molina. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Molina Healthcare's public news can be used to forecast risks associated with an investment in Molina. The trend in average sentiment can be used to explain how an investor holding Molina can time the market purely based on public headlines and social activities around Molina Healthcare. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Molina Healthcare's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Molina Healthcare's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Molina Healthcare's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Molina Healthcare.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Molina Healthcare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Molina Healthcare's short interest history, or implied volatility extrapolated from Molina Healthcare options trading.
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Try AI Portfolio ArchitectCheck out Molina Healthcare Correlation, Molina Healthcare Volatility and Molina Healthcare Alpha and Beta module to complement your research on Molina Healthcare. For more detail on how to invest in Molina Stock please use our How to Invest in Molina Healthcare guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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When running Molina Healthcare's price analysis, check to measure Molina Healthcare'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 Molina Healthcare is operating at the current time. Most of Molina Healthcare's value examination focuses on studying past and present price action to predict the probability of Molina Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Molina Healthcare's price. Additionally, you may evaluate how the addition of Molina Healthcare to your portfolios can decrease your overall portfolio volatility.
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Molina Healthcare 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.