Alignment Stock Financials

ALHC
 Stock
  

USD 12.15  0.20  1.62%   

You can use fundamental analysis to find out if Alignment Healthcare is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have analyze and collected data for twenty-nine available fundamental indicators for Alignment Healthcare, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Alignment Healthcare financials, including its gross profit, debt to equity, and the relationship between the price to book and cash and equivalents . Given that Alignment Healthcare has a shares owned by institutions of 85.73 %, we suggest you to validate Alignment Healthcare prevailing market performance to make sure the company can sustain itself down the road. Use Alignment Healthcare to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Alignment Healthcare to be traded at $11.79 in 90 days.
  
With this module, you can analyze Alignment financials for your investing period. You should be able to track the changes in Alignment Healthcare individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Alignment Healthcare Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Alignment Healthcare's financial statements are interrelated, with each one affecting the others. For example, an increase in Alignment Healthcare's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 32
Alignment Healthcare has less than 32 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Alignment Healthcare stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Alignment Healthcare's official financial statements usually reflect Alignment Healthcare's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Alignment Healthcare. For example, before you start analyzing numbers published by Alignment accountants, it's critical to develop an understanding of what Alignment Healthcare's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Alignment Healthcare's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alignment Healthcare's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Alignment Healthcare's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Alignment Healthcare. Please utilize our Beneish M Score to check the likelihood of Alignment Healthcare's management to manipulate its earnings.

Alignment Healthcare Company Summary

Alignment Healthcare competes with Amazon. Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform. The company was founded in 2013 and is based in Orange, California. Alignment Healthcare operates under Healthcare Plans classification in the United States and is traded on NASDAQ Exchange. It employs 847 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
Business Address1100 West Town
SectorHealthcare
IndustryHealthcare Plans
BenchmarkDOW
Websitewww.alignmenthealthcare.com
Phone844 310 2247
CurrencyUSD - US Dollar
You should never invest in Alignment Healthcare without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Alignment Stock, because this is throwing your money away. Analyzing the key information contained in Alignment Healthcare's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Alignment Healthcare Key Financial Ratios

Generally speaking, Alignment Healthcare's financial ratios allow both analysts and investors to convert raw data from Alignment Healthcare's financial statements into concise, actionable information that can be used to evaluate the performance of Alignment Healthcare over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Alignment Healthcare reports annually and quarterly.

Alignment Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Alignment Healthcare's current stock value. Our valuation model uses many indicators to compare Alignment Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alignment Healthcare competition to find correlations between indicators driving Alignment Healthcare's intrinsic value. More Info.
Alignment Healthcare is number one stock in return on equity category among related companies. It is number one stock in ebitda category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Alignment Healthcare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alignment Healthcare's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alignment Healthcare's earnings, one of the primary drivers of an investment's value.

Alignment Healthcare Systematic Risk

Alignment Healthcare's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alignment Healthcare volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Alignment Healthcare correlated with the market. If Beta is less than 0 Alignment Healthcare generally moves in the opposite direction as compared to the market. If Alignment Healthcare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alignment Healthcare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alignment Healthcare is generally in the same direction as the market. If Beta > 1 Alignment Healthcare moves generally in the same direction as, but more than the movement of the benchmark.
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About Alignment Healthcare Financials

What exactly are Alignment Healthcare Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Alignment Healthcare's income statement, its balance sheet, and the statement of cash flows. Potential Alignment Healthcare investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Alignment Healthcare investors may use each financial statement separately, they are all related. The changes in Alignment Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alignment Healthcare's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Alignment Healthcare is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Alignment has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Alignment Healthcare Thematic Clasifications

Alignment Healthcare is part of Health Management investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Healthcare providers, hospitals. Major hospitals and healthcare providers
Health Management Idea
Health ManagementView
This theme covers Healthcare providers, hospitals. Major hospitals and healthcare providers. Get More Thematic Ideas

Alignment Healthcare September 30, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Alignment Healthcare help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alignment Healthcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alignment Healthcare based on widely used predictive technical indicators. In general, we focus on analyzing Alignment Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alignment Healthcare's daily price indicators and compare them against related drivers.
Downside Deviation5.07
Information Ratio0.0769
Maximum Drawdown30.61
Value At Risk(4.79)
Potential Upside6.73
Please continue to Trending Equities. Note that the Alignment Healthcare 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Alignment Stock analysis

When running Alignment Healthcare 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 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.
The market value of Alignment Healthcare 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 Alignment Healthcare value 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.