Nanthealth LLC Performance

NHDelisted Stock  USD 0.42  0.01  2.44%   
The company secures a Beta (Market Risk) of 2.54, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nanthealth LLC will likely underperform. Nanthealth LLC right now secures a risk of 0.0%. Please verify Nanthealth LLC total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Nanthealth LLC will be following its current price movements.

Risk-Adjusted Performance

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Over the last 90 days Nanthealth LLC has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong technical indicators, Nanthealth LLC is not utilizing all of its potentials. The newest stock price confusion, may contribute to short-horizon losses for the traders. ...more
Begin Period Cash Flow31.4 M
  

Nanthealth LLC Relative Risk vs. Return Landscape

If you would invest  42.00  in Nanthealth LLC on December 30, 2023 and sell it today you would earn a total of  0.00  from holding Nanthealth LLC or generate 0.0% return on investment over 90 days. Nanthealth LLC is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Put differently, 0% of stocks are less risky than Nanthealth on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
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Nanthealth LLC Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanthealth LLC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nanthealth LLC, and traders can use it to determine the average amount a Nanthealth LLC'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.

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Based on monthly moving average Nanthealth LLC 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 Nanthealth LLC by adding Nanthealth LLC to a well-diversified portfolio.

Nanthealth LLC Fundamentals Growth

Nanthealth Stock prices reflect investors' perceptions of the future prospects and financial health of Nanthealth LLC, and Nanthealth LLC 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 Nanthealth Stock performance.

About Nanthealth LLC Performance

To evaluate Nanthealth LLC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nanthealth LLC 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 Nanthealth Stock'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 Nanthealth LLC market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nanthealth'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.
NantHealth, Inc., together with its subsidiaries, operates as a healthcare IT company in the United States, Canada, and the United Kingdom. The company was incorporated in 2010 and is headquartered in Morrisville, North Carolina. Nanthealth operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 326 people.

Things to note about Nanthealth LLC performance evaluation

Checking the ongoing alerts about Nanthealth LLC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nanthealth LLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nanthealth LLC is not yet fully synchronised with the market data
Nanthealth LLC has some characteristics of a very speculative penny stock
Nanthealth LLC has a very high chance of going through financial distress in the upcoming years
The company reports 267.4 M of total liabilities with total debt to equity ratio (D/E) of 44.9, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Nanthealth LLC has a current ratio of 0.62, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Nanthealth LLC until it has trouble settling it off, either with new capital or with free cash flow. So, Nanthealth LLC'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 Nanthealth LLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nanthealth to invest in growth at high rates of return. When we think about Nanthealth LLC's use of debt, we should always consider it together with cash and equity.
The entity generated the yearly revenue of 67 M. Annual Net Loss to common stockholders was (67.78 M) with gross profit of 43.15 M.
Nanthealth LLC reports about 5.71 M in cash with (32.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Roughly 58.0% of Nanthealth LLC outstanding shares are owned by corporate insiders
Evaluating Nanthealth LLC's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nanthealth LLC's stock performance include:
  • Analyzing Nanthealth LLC'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 Nanthealth LLC's stock is overvalued or undervalued compared to its peers.
  • Examining Nanthealth LLC'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 Nanthealth LLC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nanthealth LLC's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Nanthealth LLC's stock. These opinions can provide insight into Nanthealth LLC's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Nanthealth LLC's stock performance is not an exact science, and many factors can impact Nanthealth LLC'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 Correlation Analysis 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 rate.
Note that the Nanthealth LLC information on this page should be used as a complementary analysis to other Nanthealth LLC'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Consideration for investing in Nanthealth Stock

If you are still planning to invest in Nanthealth LLC 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 Nanthealth LLC's history and understand the potential risks before investing.
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