Definitive Stock Performance

DH
 Stock
  

USD 15.54  0.74  4.55%   

The firm shows a Beta (market volatility) of 0.9982, which means possible diversification benefits within a given portfolio. Let's try to break down what Definitive's beta means in this case. Definitive Healthcare returns are very sensitive to returns on the market. As the market goes up or down, Definitive Healthcare is expected to follow. Even though it is essential to pay attention to Definitive Healthcare historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting 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. Definitive Healthcare Corp exposes twenty-one different technical indicators, which can help you to evaluate its performance. Definitive Healthcare has an expected return of -0.56%. Please be advised to confirm Definitive Healthcare coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Definitive Healthcare performance from the past will be repeated at some point in the near future.
  
Definitive Performance
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Over the last 90 days Definitive Healthcare Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's technical indicators remain nearly stable which may send shares a bit higher in November 2022. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more

Definitive Price Channel

Quick Ratio3.09
Fifty Two Week Low14.76
Target High Price37.00
Fifty Two Week High45.69
Target Low Price24.00

Definitive Healthcare Relative Risk vs. Return Landscape

If you would invest  2,441  in Definitive Healthcare Corp on July 6, 2022 and sell it today you would lose (813.00)  from holding Definitive Healthcare Corp or give up 33.31% of portfolio value over 90 days. Definitive Healthcare Corp is generating negative expected returns and assumes 3.8599% volatility on return distribution over the 90 days horizon. Put differently, 33% of stocks are less risky than Definitive on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Allowing for the 90-day total investment horizon Definitive Healthcare is expected to under-perform the market. In addition to that, the company is 3.2 times more volatile than its market benchmark. It trades about -0.15 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.06 per unit of volatility.

Definitive Healthcare Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Definitive Healthcare's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Definitive Healthcare Corp, and traders can use it to determine the average amount a Definitive Healthcare's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1463

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Estimated Market Risk
 3.86
  actual daily
 
 33 %
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Expected Return
 -0.56
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Based on monthly moving average Definitive Healthcare is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Definitive Healthcare by adding it to a well-diversified portfolio.

About Definitive Healthcare Performance

To evaluate Definitive Healthcare Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Definitive Healthcare generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Definitive Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Definitive Healthcare market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Definitive's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Definitive Healthcare Corp., together with its subsidiaries, provides healthcare commercial intelligence in the United States. Definitive Healthcare Corp. was founded in 2011 and is headquartered in Framingham, Massachusetts. Definitive Healthcare operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 676 people.

Things to note about Definitive Healthcare

Checking the ongoing alerts about Definitive Healthcare for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Definitive Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Definitive Healthcare Alerts

Equity Alerts and Improvement Suggestions

Definitive Healthcare generated a negative expected return over the last 90 days
Definitive Healthcare has high historical volatility and very poor performance
Definitive Healthcare has high likelihood to experience some financial distress in the next 2 years
The company generated the yearly revenue of 179.34 M. Annual Net Loss to common stockholders was (15.81 M) with gross profit of 146.73 M.
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Continue to Investing Opportunities. Note that the Definitive Healthcare information on this page should be used as a complementary analysis to other Definitive 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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