Allscripts Stock Performance

MDRX
 Stock
  

USD 14.94  0.32  2.10%   

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.
  
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Allscripts Performance
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Over the last 90 days Allscripts Hlthcare has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in July 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Allscripts Price Channel

Quick Ratio1.17
Fifty Two Week Low13.05
Target High Price27.00
Fifty Two Week High23.25
Target Low Price19.00

Allscripts Hlthcare Relative Risk vs. Return Landscape

If you would invest  2,309  in Allscripts Hlthcare on April 1, 2022 and sell it today you would lose (812.00)  from holding Allscripts Hlthcare or give up 35.17% of portfolio value over 90 days. Allscripts Hlthcare is currently does not generate positive expected returns and assumes 2.2292% risk (volatility on return distribution) over the 90 days horizon. In different words, 19% of stocks are less volatile than Allscripts, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Allscripts Hlthcare is expected to under-perform the market. In addition to that, the company is 1.53 times more volatile than its market benchmark. It trades about -0.3 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.14 per unit of volatility.

Allscripts Hlthcare Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Allscripts Hlthcare's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Allscripts Hlthcare, and traders can use it to determine the average amount a Allscripts Hlthcare'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 = -0.3012

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Estimated Market Risk
 2.23
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 19 %
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 -0.67
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Based on monthly moving average Allscripts Hlthcare 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 Allscripts Hlthcare by adding it to a well-diversified portfolio.

About Allscripts Hlthcare Performance

To evaluate Allscripts Hlthcare 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 Allscripts Hlthcare 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 Allscripts 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 Allscripts Hlthcare stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Allscripts'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.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-476 K-488.5 K
Return on Investment 4.30  4.64 
Return on Average Assets 0.05  0.06 
Return on Average Equity 0.09  0.1 
Return on Invested Capital 0.22  0.24 
Return on Sales 0.12  0.09 
Allscripts Healthcare Solutions, Inc., together with its subsidiaries, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. Allscripts Healthcare Solutions, Inc. was founded in 1986 and is headquartered in Chicago, Illinois. Allscripts Hlthcare operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 8000 people.

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 Alerts

Equity Alerts and Improvement Suggestions

Allscripts Hlthcare generated a negative expected return over the last 90 days
Allscripts Hlthcare currently holds about 188.35 M in cash with (75.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.62.
Allscripts Hlthcare has a frail financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: Patient Engagement Solutions Global Market Report 2022-2028 Increasing Interest in Improving Quality of Care Presents Opportunities - Yahoo Finance
Additionally, see Stocks Correlation. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.