Astrana Financial Statements From 2010 to 2024
| AMEHDelisted Stock | USD 40.82 0.88 2.11% |
Check Astrana Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Astrana main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Astrana financial statements analysis is a perfect complement when working with Astrana Health Valuation or Volatility modules.
Astrana |
Astrana Health Company Current Valuation Analysis
Astrana Health's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Astrana Health Current Valuation | 1.81 B |
Most of Astrana Health's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Astrana Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Astrana Health has a Current Valuation of 1.81 B. This is 87.37% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The current valuation for all United States stocks is 89.09% higher than that of the company.
Astrana Health Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Astrana Health's current stock value. Our valuation model uses many indicators to compare Astrana Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Astrana Health competition to find correlations between indicators driving Astrana Health's intrinsic value. More Info.Astrana Health is rated below average in return on equity category among related companies. It is rated third in return on asset category among related companies reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Astrana Health is roughly 1.56 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Astrana Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Astrana Health's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Astrana Health's earnings, one of the primary drivers of an investment's value.About Astrana Health Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Astrana Health income statement, its balance sheet, and the statement of cash flows. Astrana Health investors use historical funamental indicators, such as Astrana Health's revenue or net income, to determine how well the company is positioned to perform in the future. Although Astrana Health investors may use each financial statement separately, they are all related. The changes in Astrana Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Astrana Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Astrana Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Astrana Health. Please read more on our technical analysis and fundamental analysis pages.
Apollo Medical Holdings, Inc., a physician-centric technology-powered healthcare company, provides medical care services. The company was founded in 1994 and is headquartered in Alhambra, California. Apollo Medical operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 1133 people.
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 Astrana Health 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, Astrana Health's short interest history, or implied volatility extrapolated from Astrana Health options trading.
Pair Trading with Astrana Health
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astrana Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astrana Health will appreciate offsetting losses from the drop in the long position's value.Moving against Astrana Stock
| 0.73 | CSCO | Cisco Systems Fiscal Quarter End 30th of April 2024 | PairCorr |
| 0.56 | PFE | Pfizer Inc Report 7th of May 2024 | PairCorr |
| 0.52 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.51 | TRCA | Twin Ridge Capital | PairCorr |
| 0.46 | T | ATT Inc Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Astrana Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astrana Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astrana Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astrana Health to buy it.
The correlation of Astrana Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astrana Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astrana Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astrana Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Astrana Health information on this page should be used as a complementary analysis to other Astrana Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Astrana Stock
If you are still planning to invest in Astrana Health 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 Astrana Health's history and understand the potential risks before investing.
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