Agilon Stock Market Value

AGL
 Stock
  

USD 16.66  0.37  2.27%   

Agilon Health's market value is the price at which a share of Agilon Health stock trades on a public exchange. It measures the collective expectations of Agilon Health investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Agilon Health and determine expected loss or profit from investing in Agilon Health over a given investment horizon. Please continue to Agilon Health Correlation, Agilon Health Volatility and Agilon Health Alpha and Beta module to complement your research on Agilon Health.
Symbol


Is Agilon Health'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 Agilon Health. If investors know Agilon 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 Agilon Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
6.7 B
Quarterly Revenue Growth YOY
0.52
Return On Assets
(0.0339) 
Return On Equity
(0.1) 
The market value of Agilon Health is measured differently than its book value, which is the value of Agilon that is recorded on the company's balance sheet. Investors also form their own opinion of Agilon Health's value that differs from its market value or its book value, called intrinsic value, which is Agilon Health'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 Agilon Health's market value can be influenced by many factors that don't directly affect Agilon Health'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 Agilon Health's value and its price as these two are different measures arrived at by different means. Investors typically determine Agilon Health value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilon Health'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.

Agilon Health 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Agilon Health's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Agilon Health.
0.00
09/05/2021
No Change 0.00  0.0 
In 1 year 2 months and 26 days
11/29/2022
0.00
If you would invest  0.00  in Agilon Health on September 5, 2021 and sell it all today you would earn a total of 0.00 from holding Agilon Health or generate 0.0% return on investment in Agilon Health over 450 days. Agilon Health is related to or competes with Bangkok Dusit, Ihh Healthcare, Universal Health, Universal Health, and Exxon. agilon health, inc. offers healthcare services for seniors through primary care physicians in the communities of the Uni... More

Agilon Health Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Agilon Health's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Agilon Health upside and downside potential and time the market with a certain degree of confidence.

Agilon Health Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Agilon Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agilon Health's standard deviation. In reality, there are many statistical measures that can use Agilon Health historical prices to predict the future Agilon Health's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Agilon Health'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 Agilon Health in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
13.2816.6019.92
Details
Intrinsic
Valuation
LowReal ValueHigh
14.6621.1624.48
Details
Naive
Forecast
LowNext ValueHigh
13.0416.3619.68
Details
9 Analysts
Consensus
LowTarget PriceHigh
30.0037.2244.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Agilon Health. Your research has to be compared to or analyzed against Agilon Health's peers to derive any actionable benefits. When done correctly, Agilon Health'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 Agilon Health.

Agilon Health Backtested Returns

Agilon Health secures Sharpe Ratio (or Efficiency) of -0.0994, which signifies that the company had -0.0994% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Agilon Health exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Agilon Health mean deviation of 2.54, and Risk Adjusted Performance of (0.17) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.7833, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Agilon's beta means in this case. As returns on the market increase, Agilon Health returns are expected to increase less than the market. However, during the bear market, the loss on holding Agilon Health will be expected to be smaller as well. Even though it is essential to pay attention to Agilon Health historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Agilon Health exposes twenty-one different technical indicators, which can help you to evaluate its performance. Agilon Health has an expected return of -0.34%. Please be advised to confirm Agilon Health variance, as well as the relationship between the maximum drawdown and semi variance to decide if Agilon Health performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.29  

Weak reverse predictability

Agilon Health has weak reverse predictability. Overlapping area represents the amount of predictability between Agilon Health time series from 5th of September 2021 to 18th of April 2022 and 18th of April 2022 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Agilon Health price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Agilon Health price fluctuation can be explain by its past prices.
Correlation Coefficient-0.29
Spearman Rank Test0.0
Residual Average0.0
Price Variance8.36

Agilon Health lagged returns against current returns

Autocorrelation, which is Agilon Health stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Agilon Health's stock expected returns. We can calculate the autocorrelation of Agilon Health returns to help us make a trade decision. For example, suppose you find that Agilon Health stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Agilon Health regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Agilon Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agilon Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agilon Health stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Agilon Health Lagged Returns

When evaluating Agilon Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agilon Health stock have on its future price. Agilon Health autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Agilon Health autocorrelation shows the relationship between Agilon Health stock current value and its past values and can show if there is a momentum factor associated with investing in Agilon Health.
   Regressed Prices   
Share
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Agilon Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Agilon Health's short interest history, or implied volatility extrapolated from Agilon Health options trading.

Pair Trading with Agilon Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agilon Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agilon Health will appreciate offsetting losses from the drop in the long position's value.

Moving against Agilon Health

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The ability to find closely correlated positions to Agilon Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agilon Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agilon Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agilon Health to buy it.
The correlation of Agilon Health is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agilon Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agilon Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agilon Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Agilon Health Correlation, Agilon Health Volatility and Agilon Health Alpha and Beta module to complement your research on Agilon Health. Note that the Agilon Health information on this page should be used as a complementary analysis to other Agilon 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Agilon Stock analysis

When running Agilon Health price analysis, check to measure Agilon Health'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 Agilon Health is operating at the current time. Most of Agilon Health's value examination focuses on studying past and present price action to predict the probability of Agilon Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Agilon Health's price. Additionally, you may evaluate how the addition of Agilon Health to your portfolios can decrease your overall portfolio volatility.
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Agilon Health 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.
A focus of Agilon Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Agilon Health trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...