Anthem Story

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ANTM -- USA Stock  

USD 311.48  8.29  2.73%

19% of stocks are less volatile than Anthem, and 96% of all traded equity instruments are projected to make higher returns than the company over the 60 days investment horizon. As many old-fashioned traders are trying to avoid healthcare space, it makes sense to summarize Anthem Inc a little further and try to understand its current volatility patterns. We will evaluate if Anthem's current volatility will continue into February.
Published over a month ago
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Is Anthem way too volitale for you?
Anthem Inc currently holds 22.85 B in liabilities with Debt to Equity (D/E) ratio of 0.67, which is about average as compared to similar companies. The entity has a current ratio of 1.56, which is within standard range for the sector.
Volatility is a rate at which the price of Anthem or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Anthem may increase or decrease. In other words, similar to Anthem's beta indicator, it measures the risk of Anthem and helps estimate the fluctuations that may happen in a short period of time. So if prices of Anthem fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Anthem's Liquidity

Anthem financial leverage refers to using borrowed capital as a funding source to finance Anthem Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Anthem financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Anthem's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Anthem, but it might be worth checking our own buy vs. sell analysis

Anthem Volatility Drivers

Anthem unsystematic risk is unique to Anthem Inc and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Anthem you can also buy Cigna Corp. You can also mitigate this risk by investing in the healthcare plans sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Anthem important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Anthem income statement and balance sheet. Here are more details about Anthem volatility.
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