Allscripts Stock Market Value

MDRX
 Stock
  

USD 17.17  0.48  2.72%   

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


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.
Quarterly Earnings Growth YOY
1.72
Market Capitalization
B
Quarterly Revenue Growth YOY
0.069
Return On Assets
0.0192
Return On Equity
0.0967
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.

Allscripts Hlthcare '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 Allscripts Hlthcare'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 Allscripts Hlthcare.
0.00
05/21/2022
No Change 0.00  0.0 
In 3 months and 1 day
08/19/2022
0.00
If you would invest  0.00  in Allscripts Hlthcare on May 21, 2022 and sell it all today you would earn a total of 0.00 from holding Allscripts Hlthcare or generate 0.0% return on investment in Allscripts Hlthcare over 90 days. Allscripts Hlthcare is related to or competes with Change Healthcare, Draftkings, Centennial Resource, Ollies Bargain, Brighthouse Financial, Konica Minolta, and Evofem Biosciences. Allscripts Healthcare Solutions, Inc., together with its subsidiaries, provides information technology solutions and ser... More

Allscripts Hlthcare 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 Allscripts Hlthcare'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 Allscripts Hlthcare upside and downside potential and time the market with a certain degree of confidence.

Allscripts Hlthcare Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Allscripts Hlthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allscripts Hlthcare's standard deviation. In reality, there are many statistical measures that can use Allscripts Hlthcare historical prices to predict the future Allscripts Hlthcare's volatility.
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
14.9717.5320.09
Details
Intrinsic
Valuation
LowReal ValueHigh
15.2017.7620.32
Details
Naive
Forecast
LowNext ValueHigh
14.9717.5420.10
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 Backtested Returns

We consider Allscripts Hlthcare not too volatile. Allscripts Hlthcare secures Sharpe Ratio (or Efficiency) of 0.035, which signifies that the company had 0.035% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Allscripts Hlthcare, which you can use to evaluate the future volatility of the firm. Please confirm Allscripts Hlthcare Risk Adjusted Performance of 0.0112, mean deviation of 1.6, and Downside Deviation of 2.5 to double-check if the risk estimate we provide is consistent with the expected return of 0.0897%.
Allscripts Hlthcare has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.1059, which signifies a somewhat significant risk relative to the market. Let's try to break down what Allscripts's beta means in this case. Allscripts Hlthcare returns are very sensitive to returns on the market. As the market goes up or down, Allscripts Hlthcare is expected to follow. Although it is important to respect Allscripts Hlthcare historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Allscripts Hlthcare technical indicators, you can presently evaluate if the expected return of 0.0897% will be sustainable into the future. Allscripts Hlthcare right now shows a risk of 2.56%. Please confirm Allscripts Hlthcare maximum drawdown, as well as the relationship between the skewness and day typical price to decide if Allscripts Hlthcare will be following its price patterns.

Auto-correlation

    
  -0.79  

Almost perfect reverse predictability

Allscripts Hlthcare has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Allscripts Hlthcare time series from 21st of May 2022 to 5th of July 2022 and 5th of July 2022 to 19th of August 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 Allscripts Hlthcare price movement. The serial correlation of -0.79 indicates that around 79.0% of current Allscripts Hlthcare price fluctuation can be explain by its past prices.
Correlation Coefficient-0.79
Spearman Rank Test-0.71
Residual Average0.0
Price Variance1.17

Allscripts Hlthcare lagged returns against current returns

Autocorrelation, which is Allscripts Hlthcare 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 Allscripts Hlthcare's stock expected returns. We can calculate the autocorrelation of Allscripts Hlthcare returns to help us make a trade decision. For example, suppose you find that Allscripts Hlthcare 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  

Allscripts Hlthcare 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 Allscripts Hlthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allscripts Hlthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allscripts Hlthcare stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Allscripts Hlthcare Lagged Returns

When evaluating Allscripts Hlthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allscripts Hlthcare stock have on its future price. Allscripts Hlthcare 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, Allscripts Hlthcare autocorrelation shows the relationship between Allscripts Hlthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Allscripts Hlthcare.
   Regressed Prices   
Share
       Timeline  

Allscripts Hlthcare Investors Sentiment

The influence of Allscripts Hlthcare's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Allscripts. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Allscripts Hlthcare's public news can be used to forecast risks associated with investment in Allscripts. The trend in average sentiment can be used to explain how an investor holding Allscripts can time the market purely based on public headlines and social activities around Allscripts Hlthcare. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Allscripts Hlthcare's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Allscripts Hlthcare's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Allscripts Hlthcare's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Allscripts Hlthcare.

Allscripts Hlthcare Implied Volatility

    
  65.29  
Allscripts Hlthcare's implied volatility exposes the market's sentiment of Allscripts Hlthcare stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Allscripts Hlthcare's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Allscripts Hlthcare stock will not fluctuate a lot when Allscripts Hlthcare's options are near their expiration.
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 Allscripts Hlthcare 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, Allscripts Hlthcare's short interest history, or implied volatility extrapolated from Allscripts Hlthcare options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Allscripts Hlthcare using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
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
Additionally, see Allscripts Hlthcare Correlation, Allscripts Hlthcare Volatility and Allscripts Hlthcare Alpha and Beta module to complement your research on Allscripts Hlthcare. Note that the Allscripts Hlthcare information on this page should be used as a complementary analysis to other Allscripts Hlthcare'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Allscripts Stock analysis

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.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Allscripts Hlthcare 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 Allscripts Hlthcare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Allscripts Hlthcare 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...