Astrana Health Alpha and Beta Analysis

AMEHDelisted Stock  USD 40.82  0.88  2.11%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Astrana Health. It also helps investors analyze the systematic and unsystematic risks associated with investing in Astrana Health over a specified time horizon. Remember, high Astrana Health's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Astrana Health's market risk premium analysis include:
Beta
0.45
Alpha
0.22
Risk
4.28
Sharpe Ratio
0.32
Expected Return
1.38
Please note that although Astrana Health alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Astrana Health did 0.22  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Astrana Health stock's relative risk over its benchmark. Astrana Health has a beta of 0.45  . As returns on the market increase, Astrana Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Astrana Health is expected to be smaller as well. .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Trending Equities 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 income.

Astrana Health Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Astrana Health market risk premium is the additional return an investor will receive from holding Astrana Health long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Astrana Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Astrana Health's performance over market.
α0.22   β0.45

Astrana Health Fundamentals Vs Peers

Comparing Astrana Health's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Astrana Health's direct or indirect competition across all of the common fundamentals between Astrana Health and the related equities. This way, we can detect undervalued stocks with similar characteristics as Astrana Health or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Astrana Health's fundamental indicators could also be used in its relative valuation, which is a method of valuing Astrana Health by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Astrana Health to competition
FundamentalsAstrana HealthPeer Average
Return On Equity0.0976-0.31
Return On Asset0.0626-0.14
Profit Margin0.03 %(1.27) %
Operating Margin0.11 %(5.51) %
Current Valuation1.81 B16.62 B
Shares Outstanding45.45 M571.82 M
Shares Owned By Insiders25.77 %10.09 %

Astrana Health Opportunities

Astrana Health Return and Market Media

The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Critical Survey Lichen China and Apollo Medical
01/03/2024
2
Trading Report - Stock Traders Daily
01/16/2024
3
Apollo Medical names Brandon Sim as CEO
01/24/2024
4
Stifel Nicolaus Initiates Coverage on Apollo Medical
01/26/2024
5
Apollo Medical Holdings, Inc. Schedules 2023 Fourth Quarter and Full Year Financial Results Release and Conference Call
01/31/2024
6
An excellent week for Apollo Medical Holdings, Inc.s institutional owners who own 47 percent as one-year returns inch higher
02/08/2024
7
Apollo Medical Holdings, Inc. Reports Next Week Wall Street Expects Earnings Growth
02/20/2024
8
Apollo Medical Sets New 12-Month High at 41.95
02/22/2024
9
Apollo Medical Holdings, Inc. Soars 7.6 percent Is Further Upside Left in the Stock
02/23/2024

About Astrana Health Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Astrana or other delisted stocks. Alpha measures the amount that position in Astrana Health has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Astrana Health Upcoming Company Events

As portrayed in its financial statements, the presentation of Astrana Health's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Astrana Health's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Astrana Health's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Astrana Health. Please utilize our Beneish M Score to check the likelihood of Astrana Health's management manipulating its earnings.
22nd of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Build Portfolio with Astrana Health

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Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Trending Equities 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 income.
Note that the Astrana Health information on this page should be used as a complementary analysis to other Astrana 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Consideration for investing in Astrana Stock

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