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

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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 Low254.08
Target High Price369.00
Fifty Two Week High350.17
Target Low Price369.00
  

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.
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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

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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.

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
Evaluating WellCare Health's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate WellCare Health's stock performance include:
  • 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.
It's essential to remember that evaluating WellCare Health's stock performance is not an exact science, and many factors can impact WellCare Health's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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.
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