Alignment Healthcare Llc Stock Technical Analysis
ALHC Stock | USD 5.10 0.15 3.03% |
As of the 19th of April, Alignment Healthcare shows the Risk Adjusted Performance of (0.06), standard deviation of 4.29, and Mean Deviation of 3.13. Alignment Healthcare LLC technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for thirteen technical drivers for Alignment Healthcare LLC, which can be compared to its peers. Please confirm Alignment Healthcare LLC information ratio, as well as the relationship between the value at risk and kurtosis to decide if Alignment Healthcare LLC is priced correctly, providing market reflects its regular price of 5.1 per share. Given that Alignment Healthcare has information ratio of (0.12), we suggest you to validate Alignment Healthcare LLC's prevailing market performance to make sure the company can sustain itself at a future point.
Alignment Healthcare Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alignment, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlignmentAlignment |
Alignment Healthcare Analyst Consensus
Target Price | Advice | # of Analysts | |
9.61 | Buy | 12 | Odds |
Most Alignment analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Alignment stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Alignment Healthcare LLC, talking to its executives and customers, or listening to Alignment conference calls.
Alignment Healthcare technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Alignment Healthcare LLC Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Alignment Healthcare LLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alignment Healthcare LLC Trend Analysis
Use this graph to draw trend lines for Alignment Healthcare LLC. You can use it to identify possible trend reversals for Alignment Healthcare as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Alignment Healthcare price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alignment Healthcare Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alignment Healthcare LLC applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Alignment Healthcare LLC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 73.6, which is the sum of squared deviations for the predicted Alignment Healthcare price change compared to its average price change.About Alignment Healthcare Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Alignment Healthcare LLC on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Alignment Healthcare LLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alignment Healthcare LLC price pattern first instead of the macroeconomic environment surrounding Alignment Healthcare LLC. By analyzing Alignment Healthcare's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alignment Healthcare's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Alignment Healthcare specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.015 | 0.0134 | Price To Sales Ratio | 0.88 | 0.84 |
Alignment Healthcare April 19, 2024 Technical Indicators
Most technical analysis of Alignment help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Alignment from various momentum indicators to cycle indicators. When you analyze Alignment charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.06) | |||
Market Risk Adjusted Performance | (1.01) | |||
Mean Deviation | 3.13 | |||
Coefficient Of Variation | (939.97) | |||
Standard Deviation | 4.29 | |||
Variance | 18.39 | |||
Information Ratio | (0.12) | |||
Jensen Alpha | (0.49) | |||
Total Risk Alpha | (0.87) | |||
Treynor Ratio | (1.02) | |||
Maximum Drawdown | 29.64 | |||
Value At Risk | (6.94) | |||
Potential Upside | 5.15 | |||
Skewness | (0.94) | |||
Kurtosis | 3.93 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alignment Healthcare LLC. 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 Alignment Healthcare LLC information on this page should be used as a complementary analysis to other Alignment 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Alignment Stock analysis
When running Alignment Healthcare's price analysis, check to measure Alignment 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 Alignment Healthcare is operating at the current time. Most of Alignment Healthcare's value examination focuses on studying past and present price action to predict the probability of Alignment 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 Alignment Healthcare's price. Additionally, you may evaluate how the addition of Alignment Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Alignment Healthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alignment Healthcare. If investors know Alignment will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alignment Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.79) | Revenue Per Share 9.793 | Quarterly Revenue Growth 0.286 | Return On Assets (0.13) | Return On Equity (0.75) |
The market value of Alignment Healthcare LLC is measured differently than its book value, which is the value of Alignment that is recorded on the company's balance sheet. Investors also form their own opinion of Alignment Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Alignment Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alignment Healthcare's market value can be influenced by many factors that don't directly affect Alignment Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alignment Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alignment Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alignment 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.