Nanthealth Stock Performance


USD 0.54  0.01  1.82%   

The company secures a Beta (Market Risk) of 0.8643, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Nanthealth's beta means in this case. Nanthealth returns are very sensitive to returns on the market. As the market goes up or down, Nanthealth is expected to follow. Although it is important to respect Nanthealth price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The philosophy towards estimating 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 Nanthealth technical indicators, you can presently evaluate if the expected return of 0.0164% will be sustainable into the future. Nanthealth right now secures a risk of 5.66%. Please verify Nanthealth standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Nanthealth will be following its current price movements.
Nanthealth Performance
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Over the last 90 days Nanthealth has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical indicators, Nanthealth is not utilizing all of its potentials. The new stock price disturbance, may contribute to mid-run losses for the stockholders. ...more

Nanthealth Price Channel

Quick Ratio0.86
Fifty Two Week Low0.4010
Fifty Two Week High2.5100

Nanthealth Relative Risk vs. Return Landscape

If you would invest  59.00  in Nanthealth on May 21, 2022 and sell it today you would lose (5.00)  from holding Nanthealth or give up 8.47% of portfolio value over 90 days. Nanthealth is generating 0.0164% of daily returns and assumes 5.6576% volatility on return distribution over the 90 days horizon. Put differently, 49% of stocks are less risky than Nanthealth 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 Nanthealth is expected to generate 5.88 times less return on investment than the market. In addition to that, the company is 4.91 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of volatility.

Nanthealth Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanthealth's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nanthealth, and traders can use it to determine the average amount a Nanthealth'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 = 0.0029

Good Returns
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Negative ReturnsNH
Estimated Market Risk
  actual daily
 49 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Nanthealth 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 Nanthealth by adding it to a well-diversified portfolio.

About Nanthealth Performance

To evaluate Nanthealth 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 Nanthealth 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 Nanthealth 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 Nanthealth market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nanthealth'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-55.8 K-57.3 K
Return on Investment(15.41) (16.63) 
Return on Average Assets(60.09) (64.83) 
Return on Average Equity(225.33) (231.26) 
Return on Invested Capital(0.20) (0.22) 
Return on Sales(0.58) (0.62) 

Things to note about Nanthealth

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

Nanthealth Alerts

Equity Alerts and Improvement Suggestions

Nanthealth has very high historical volatility over the last 90 days
Nanthealth has some characteristics of a very speculative penny stock
Nanthealth has a very high chance of going through financial distress in the upcoming years
The company generated the yearly revenue of 62.85 M. Annual Net Loss to common stockholders was (58.82 M) with gross profit of 39.83 M.
Nanthealth reports about 16.08 M in cash with (29.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.
Nanthealth has a frail financial position based on the latest SEC disclosures
Roughly 58.0% of the company outstanding shares are owned by corporate insiders
Latest headline from NantHealth, Inc. Q2 2022 Earnings Call Transcript - Nasdaq
Additionally, see Stocks Correlation. Note that the Nanthealth information on this page should be used as a complementary analysis to other Nanthealth'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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