Allscripts Stock Probability of Future Stock Price Finishing Over 16.00

MDRX
 Stock
  

USD 16.00  0.51  3.29%   

Allscripts Hlthcare's future price is the expected price of Allscripts Hlthcare instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Allscripts Hlthcare performance during a given time horizon utilizing its historical volatility.
  
Allscripts Hlthcare's implied volatility is one of the determining factors in the pricing options written on Allscripts Hlthcare. Implied volatility approximates the future value of Allscripts Hlthcare based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Allscripts Hlthcare over a specific time period. For example, 2022-10-21 CALL at $15.0 is a CALL option contract on Allscripts Hlthcare's common stock with a strick price of 15.0 expiring on 2022-10-21. The contract was not traded in recent days and, as of today, has 17 days remaining before the expiration. The option is currently trading at a bid price of $0.75, and an ask price of $1.05. The implied volatility as of the 4th of October is 46.5681. View All Allscripts options

Closest to current price Allscripts long CALL Option Payoff at Expiration

Additionally, see Allscripts Hlthcare Backtesting, Allscripts Hlthcare Valuation, Allscripts Hlthcare Correlation, Allscripts Hlthcare Hype Analysis, Allscripts Hlthcare Volatility, Allscripts Hlthcare History as well as Allscripts Hlthcare Performance. Please specify Allscripts Hlthcare time horizon, a valid symbol (red box) and a target price (blue box) you would like Allscripts Hlthcare odds to be computed.

Allscripts Hlthcare Target Price Odds to finish over 16.00

The tendency of Allscripts Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 16.00 90 days 16.00 
about 55.25
Based on a normal probability distribution, the odds of Allscripts Hlthcare to move above the current price in 90 days from now is about 55.25 (This Allscripts Hlthcare probability density function shows the probability of Allscripts Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Allscripts Hlthcare has a beta of 0.74. This indicates as returns on the market go up, Allscripts Hlthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Allscripts Hlthcare will be expected to be much smaller as well. Additionally The company has an alpha of 0.133, implying that it can generate a 0.13 percent excess return over DOW after adjusting for the inherited market risk (beta).
   Allscripts Hlthcare Price Density   
       Price  

Predictive Modules for Allscripts Hlthcare

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Allscripts Hlthcare. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Allscripts Hlthcare's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Allscripts Hlthcare in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
13.0715.5017.93
Details
Intrinsic
Valuation
LowReal ValueHigh
13.9418.2720.70
Details
10 Analysts
Consensus
LowTarget PriceHigh
16.0018.7822.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Allscripts Hlthcare. Your research has to be compared to or analyzed against Allscripts Hlthcare's peers to derive any actionable benefits. When done correctly, Allscripts Hlthcare's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Allscripts Hlthcare.

Allscripts Hlthcare Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Allscripts Hlthcare is not an exception. The market had few large corrections towards the Allscripts Hlthcare's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Allscripts Hlthcare, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Allscripts Hlthcare within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.13
β
Beta against DOW0.74
σ
Overall volatility
1.06
Ir
Information ratio 0.06

Allscripts Hlthcare Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Allscripts Hlthcare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Allscripts Hlthcare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Allscripts Hlthcare currently holds about 82.78 M in cash with (10.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.71.
Latest headline from finance.yahoo.com: Global Patient Portal Market Outlook Report 2022 A 5.82 Billion Market by 2027 - Integration of AI Improvisation of Virtual Healthcare in Patient Portals - Yahoo Finance

Allscripts Hlthcare Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Allscripts Stock often depends not only on the future outlook of the current and potential Allscripts Hlthcare's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Allscripts Hlthcare's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out9.47%
Short Percent Of Float14.38%
Float Shares113.42M
Shares Short Prior Month13.05M
Average Daily Volume Last 10 Day1.74M
Average Daily Volume In Three Month1.3M
Date Short Interest15th of July 2022

Allscripts Hlthcare Technical Analysis

Allscripts Hlthcare's future price can be derived by breaking down and analyzing its technical indicators over time. Allscripts Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Allscripts Hlthcare. In general, you should focus on analyzing Allscripts Stock price patterns and their correlations with different microeconomic environments and drivers.

Allscripts Hlthcare Predictive Forecast Models

Allscripts Hlthcare time-series forecasting models is one of many Allscripts Hlthcare's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Allscripts Hlthcare's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Allscripts Hlthcare

Checking the ongoing alerts about Allscripts Hlthcare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Allscripts Hlthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Allscripts Hlthcare currently holds about 82.78 M in cash with (10.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.71.
Latest headline from finance.yahoo.com: Global Patient Portal Market Outlook Report 2022 A 5.82 Billion Market by 2027 - Integration of AI Improvisation of Virtual Healthcare in Patient Portals - Yahoo Finance

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When running Allscripts Hlthcare price analysis, check to measure Allscripts Hlthcare'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 Allscripts Hlthcare is operating at the current time. Most of Allscripts Hlthcare's value examination focuses on studying past and present price action to predict the probability of Allscripts Hlthcare's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Allscripts Hlthcare's price. Additionally, you may evaluate how the addition of Allscripts Hlthcare to your portfolios can decrease your overall portfolio volatility.
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Is Allscripts Hlthcare'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 Allscripts Hlthcare. If investors know Allscripts 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 Allscripts Hlthcare 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 Allscripts Hlthcare is measured differently than its book value, which is the value of Allscripts that is recorded on the company's balance sheet. Investors also form their own opinion of Allscripts Hlthcare's value that differs from its market value or its book value, called intrinsic value, which is Allscripts Hlthcare'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 Allscripts Hlthcare's market value can be influenced by many factors that don't directly affect Allscripts Hlthcare'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 Allscripts Hlthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine Allscripts Hlthcare value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allscripts Hlthcare'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.