Alignment Healthcare Llc Stock Price on March 3, 2022
| ALHC Stock | USD 5.18 0.17 3.39% |
If you're considering investing in Alignment Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alignment Healthcare stands at 5.18, as last reported on the 24th of April, with the highest price reaching 5.19 and the lowest price hitting 4.92 during the day. Alignment Healthcare LLC secures Sharpe Ratio (or Efficiency) of -0.0777, which signifies that the company had a -0.0777% return per unit of risk over the last 3 months. Alignment Healthcare LLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alignment Healthcare's Standard Deviation of 4.3, risk adjusted performance of (0.06), and Mean Deviation of 3.18 to double-check the risk estimate we provide.
At present, Alignment Healthcare's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Sale Purchase Of Stock is expected to grow to 0.00, whereas Total Stockholder Equity is forecasted to decline to about 143.7 M. . At present, Alignment Healthcare's Price To Book Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 14.69, whereas Price To Sales Ratio is forecasted to decline to 0.84. Alignment Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alignment |
Sharpe Ratio = -0.0777
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Estimated Market Risk
| 4.22 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alignment Healthcare is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alignment Healthcare by adding Alignment Healthcare to a well-diversified portfolio.
Price Book 5.6592 | Enterprise Value Ebitda (7.03) | Price Sales 0.487 | Shares Float 100.2 M | Wall Street Target Price 8.1 |
Alignment Healthcare Valuation on March 3, 2022
It is possible to determine the worth of Alignment Healthcare on a given historical date. On March 3, 2022 Alignment was worth 11.14 at the beginning of the trading date compared to the closed value of 11.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alignment Healthcare stock. Still, in general, we apply an absolute valuation method to find Alignment Healthcare's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alignment Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alignment Healthcare's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 11.14 | 11.46 | 11.14 | 11.32 | 516,500 |
| 11.32 | 11.36 | 10.80 | 10.84 | 242,400 |
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Alignment Healthcare Trading Date Momentum on March 3, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Alignment Healthcare LLC Fundamentals Correlations and Trends
By evaluating Alignment Healthcare's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alignment Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alignment financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alignment Healthcare Stock history
Alignment Healthcare investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alignment is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alignment Healthcare LLC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alignment Healthcare stock prices may prove useful in developing a viable investing in Alignment Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 186.2 M | 146.2 M | |
| Net Loss | -134.6 M | -141.3 M |
Alignment Healthcare Quarterly Net Working Capital |
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Alignment Healthcare Stock Technical Analysis
Alignment 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.
Price Boundaries
Alignment Healthcare Period Price Range
Low | April 7, 2022
| High |
11.14 | 11.32 |
Alignment Healthcare April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Alignment Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alignment Healthcare shares will generate the highest return on investment. By undertsting and applying Alignment Healthcare stock market strength indicators, traders can identify Alignment Healthcare LLC entry and exit signals to maximize returns
Alignment Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alignment Healthcare's price direction in advance. Along with the technical and fundamental analysis of Alignment Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alignment to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (1.07) | |||
| Treynor Ratio | (1.52) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alignment Healthcare LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Alignment Healthcare LLC information on this page should be used as a complementary analysis to other Alignment Healthcare'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Alignment Stock analysis
When running Alignment Healthcare's price analysis, check to measure Alignment 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 Alignment Healthcare is operating at the current time. Most of Alignment Healthcare's value examination focuses on studying past and present price action to predict the probability of Alignment 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 Alignment Healthcare's price. Additionally, you may evaluate how the addition of Alignment Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Alignment 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 Alignment Healthcare. If investors know Alignment 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 Alignment Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.79) | Revenue Per Share 9.793 | Quarterly Revenue Growth 0.286 | Return On Assets (0.13) | Return On Equity (0.75) |
The market value of Alignment Healthcare LLC is measured differently than its book value, which is the value of Alignment that is recorded on the company's balance sheet. Investors also form their own opinion of Alignment Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Alignment 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 Alignment Healthcare's market value can be influenced by many factors that don't directly affect Alignment 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 Alignment Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alignment Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alignment 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.