Life Healthcare Group Stock Performance

LTGHY Stock  USD 3.46  0.12  3.35%   
The company secures a Beta (Market Risk) of -0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Life Healthcare are expected to decrease at a much lower rate. During the bear market, Life Healthcare is likely to outperform the market. Life Healthcare Group has an expected return of -0.19%. Please make sure to verify Life Healthcare Group value at risk, as well as the relationship between the rate of daily change and relative strength index , to decide if Life Healthcare Group performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Life Healthcare Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's technical indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Begin Period Cash Flow2.3 B
Total Cashflows From Investing Activities-2.7 B
  

Life Healthcare Relative Risk vs. Return Landscape

If you would invest  397.00  in Life Healthcare Group on December 29, 2023 and sell it today you would lose (51.00) from holding Life Healthcare Group or give up 12.85% of portfolio value over 90 days. Life Healthcare Group is currently producing negative expected returns and takes up 2.6125% volatility of returns over 90 trading days. Put another way, 23% of traded pink sheets are less volatile than Life, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Life Healthcare is expected to under-perform the market. In addition to that, the company is 4.56 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

Life Healthcare Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Life Healthcare's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Life Healthcare Group, and traders can use it to determine the average amount a Life Healthcare'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 = -0.0719

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Estimated Market Risk

 2.61
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Life 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 Life Healthcare by adding Life Healthcare to a well-diversified portfolio.

Life Healthcare Fundamentals Growth

Life Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Life Healthcare, and Life Healthcare 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 Life Pink Sheet performance.

About Life Healthcare Performance

To evaluate Life Healthcare Group Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Life Healthcare generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Life Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Life Healthcare Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Life's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Life Healthcare Group Holdings Limited, together with its subsidiaries, operates private hospitals in South Africa, Canada, the United Kingdom, rest of Europe, and Internationally. Life Healthcare Group Holdings Limited was founded in 1983 and is headquartered in Johannesburg, South Africa. Life Healthcare is traded on OTC Exchange in the United States.

Things to note about Life Healthcare Group performance evaluation

Checking the ongoing alerts about Life Healthcare for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Life Healthcare Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Life Healthcare generated a negative expected return over the last 90 days
The company has accumulated 10.33 B in total debt with debt to equity ratio (D/E) of 0.65, which is about average as compared to similar companies. Life Healthcare Group has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Life Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Life Healthcare'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 Life Healthcare Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Life to invest in growth at high rates of return. When we think about Life Healthcare's use of debt, we should always consider it together with cash and equity.
Evaluating Life Healthcare's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Life Healthcare's pink sheet performance include:
  • Analyzing Life Healthcare'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 Life Healthcare's stock is overvalued or undervalued compared to its peers.
  • Examining Life Healthcare'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 Life Healthcare's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Life Healthcare's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Life Healthcare's pink sheet. These opinions can provide insight into Life Healthcare's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Life Healthcare's pink sheet performance is not an exact science, and many factors can impact Life Healthcare's pink sheet 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Life Healthcare Group. 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 Life Healthcare Group information on this page should be used as a complementary analysis to other Life 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Life Healthcare's price analysis, check to measure Life 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 Life Healthcare is operating at the current time. Most of Life Healthcare's value examination focuses on studying past and present price action to predict the probability of Life 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 Life Healthcare's price. Additionally, you may evaluate how the addition of Life Healthcare to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Life Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Life Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Life 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.