Allscripts Stock Market Value

MDRX
 Stock
  

USD 14.86  0.40  2.62%   

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 Hype Analysis, Allscripts Hlthcare Correlation, Allscripts Hlthcare Valuation, Allscripts Hlthcare Volatility, as well as analyze Allscripts Hlthcare Alpha and Beta and Allscripts Hlthcare Performance.
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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.

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
07/10/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
06/30/2022
0.00
If you would invest  0.00  in Allscripts Hlthcare on July 10, 2020 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 720 days. Allscripts Hlthcare is related to or competes with Accolade, Augmedix, Change Healthcare, International Business, Biohaven Pharmaceutical, Gilead Sciences, and Allena Pharmaceuticals. 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
12.8015.0317.26
Details
Intrinsic
Valuation
LowReal ValueHigh
14.0016.2318.46
Details
Naive
Forecast
LowNext ValueHigh
12.6714.9017.12
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

Allscripts Hlthcare secures Sharpe Ratio (or Efficiency) of -0.3, which signifies that the company had -0.3% 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. Allscripts Hlthcare exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Allscripts Hlthcare mean deviation of 1.7, and Risk Adjusted Performance of (0.32) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.033, 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. Even though it is essential to pay attention to Allscripts Hlthcare 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. Allscripts Hlthcare exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Allscripts Hlthcare has an expected return of -0.67%. Please be advised to confirm Allscripts Hlthcare maximum drawdown, as well as the relationship between the skewness and day typical price to decide if Allscripts Hlthcare performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.52  

Modest predictability

Allscripts Hlthcare has modest predictability. Overlapping area represents the amount of predictability between Allscripts Hlthcare time series from 10th of July 2020 to 5th of July 2021 and 5th of July 2021 to 30th of June 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 0.52 indicates that about 52.0% of current Allscripts Hlthcare price fluctuation can be explain by its past prices.
Correlation Coefficient0.52
Spearman Rank Test0.35
Residual Average0.0
Price Variance7.35

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 
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      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 
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      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 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Allscripts Hlthcare without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Allscripts Hlthcare Hype Analysis, Allscripts Hlthcare Correlation, Allscripts Hlthcare Valuation, Allscripts Hlthcare Volatility, as well as analyze Allscripts Hlthcare Alpha and Beta and Allscripts Hlthcare Performance. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.
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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...