WellCare Health Plans Performance
The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and WellCare Health are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Low | High |
Very Weak
Over the last 90 days WellCare Health Plans has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, WellCare Health is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Fifty Two Week Low | 254.08 | |
Target High Price | 369.00 | |
Fifty Two Week High | 350.17 | |
Target Low Price | 369.00 |
WellCare |
WellCare Health Relative Risk vs. Return Landscape
If you would invest (100.00) in WellCare Health Plans on December 30, 2023 and sell it today you would earn a total of 100.00 from holding WellCare Health Plans or generate -100.0% return on investment over 90 days. WellCare Health Plans is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than WellCare, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
WellCare Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WellCare Health's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as WellCare Health Plans, and traders can use it to determine the average amount a WellCare Health's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
WCG |
Based on monthly moving average WellCare Health 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 WellCare Health by adding WellCare Health to a well-diversified portfolio.
WellCare Health Fundamentals Growth
WellCare Stock prices reflect investors' perceptions of the future prospects and financial health of WellCare Health, and WellCare Health fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on WellCare Stock performance.
Return On Equity | 0.11 | |||
Return On Asset | 0.0391 | |||
Current Valuation | 15.11 B | |||
Shares Outstanding | 50.33 M | |||
Price To Earning | 28.12 X | |||
Price To Book | 3.44 X | |||
Price To Sales | 0.66 X | |||
Revenue | 26.98 B | |||
EBITDA | 1.17 B | |||
Cash Per Share | 72.51 X | |||
Debt To Equity | 47.30 % | |||
Cash Flow From Operations | (18.38 M) | |||
Earnings Per Share | 12.44 X | |||
Total Asset | 5.15 B | |||
Retained Earnings | 1.41 B | |||
Current Asset | 4.23 B | |||
Things to note about WellCare Health Plans performance evaluation
Checking the ongoing alerts about WellCare Health for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for WellCare Health Plans help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.WellCare Health is not yet fully synchronised with the market data | |
WellCare Health has some characteristics of a very speculative penny stock | |
WellCare Health has a very high chance of going through financial distress in the upcoming years | |
WellCare Health Plans has about 3.65 B in cash with (18.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 72.51. | |
Over 93.0% of the company outstanding shares are owned by institutional investors |
- Analyzing WellCare Health's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether WellCare Health's stock is overvalued or undervalued compared to its peers.
- Examining WellCare Health's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating WellCare Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of WellCare Health's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of WellCare Health's stock. These opinions can provide insight into WellCare Health's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist 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 main economic indicators. Note that the WellCare Health Plans information on this page should be used as a complementary analysis to other WellCare 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in WellCare Stock
If you are still planning to invest in WellCare Health Plans 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 WellCare Health's history and understand the potential risks before investing.
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation |