Gohealth Stock Story


USD 0.51  0.01  1.92%   

Gohealth Inc is currently does not generate positive expected returns and assumes 6.7714% risk (volatility on return distribution) over the 90 days horizon. While some risk-seeking institutional investors are getting worried about financial services space, it is reasonable to outline Gohealth Inc Cl as a possible investment alternative. What exactly are Gohealth Inc shareholders getting in July? The latest Gohealth risk factors may impact the value of the stock as we estimate Gohealth Inc as currently undervalued. The real value is approaching 2.08 per share.
Published over two months ago
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Gohealth Inc (NASDAQ:GOCO) high volatility trend continues

This firm currently holds 696.39 M in liabilities with Debt to Equity (D/E) ratio of 0.78, which is about average as compared to similar companies. The company has a current ratio of 1.94, which is within standard range for the sector. Debt can assist Gohealth Inc until it has trouble settling it off, either with new capital or with free cash flow. So, Gohealth Inc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gohealth Inc Cl sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gohealth to invest in growth at high rates of return. When we think about Gohealth Inc's use of debt, we should always consider it together with cash and equity.
The company retains a Market Volatility (i.e., Beta) of 2.5371, which attests to a somewhat significant risk relative to the market. Let's try to break down what Gohealth's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gohealth Inc will likely underperform. Even though it is essential to pay attention to Gohealth Inc Cl current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Gohealth Inc Cl exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Gohealth Inc Cl has an expected return of -1.02%. Please be advised to check out Gohealth Inc total risk alpha and the relationship between the potential upside and day typical price to decide if Gohealth Inc Cl performance from the past will be repeated at some point in the near future.
Volatility is a rate at which the price of Gohealth Inc 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 Gohealth Inc may increase or decrease. In other words, similar to Gohealth's beta indicator, it measures the risk of Gohealth Inc and helps estimate the fluctuations that may happen in a short period of time. So if prices of Gohealth Inc 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.

Watch out for price decline

Please consider monitoring Gohealth Inc on a daily basis if you are holding a position in it. Gohealth Inc is trading at a penny-stock level, and the possibility of delisting is much higher compared to other equities. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Gohealth Inc stock to be traded above the $1 level to remain listed. If Gohealth Inc stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

How important is Gohealth Inc's Liquidity

Gohealth Inc financial leverage refers to using borrowed capital as a funding source to finance Gohealth Inc Cl ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Gohealth Inc 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 Gohealth Inc'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 Gohealth Inc, but it might be worth checking our own buy vs. sell analysis

Gohealth Inc Volatility Drivers

Gohealth Inc unsystematic risk is unique to Gohealth Inc Cl 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 Gohealth Inc you can also buy Microsoft Corp. You can also mitigate this risk by investing in the insurance brokers 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 Gohealth Inc 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 Gohealth Inc income statement and balance sheet. Here are more details about Gohealth volatility.