Allscripts Stock Alpha and Beta Analysis

MDRX
 Stock
  

USD 17.50  0.39  2.28%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Allscripts Hlthcare. It also helps investors analyze the systematic and unsystematic risks associated with investing in Allscripts Hlthcare over a specified time horizon. Remember, high Allscripts Hlthcare's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, see Allscripts Hlthcare Backtesting, Allscripts Hlthcare Valuation, Allscripts Hlthcare Correlation, Allscripts Hlthcare Hype Analysis, Allscripts Hlthcare Volatility, Allscripts Hlthcare History and analyze Allscripts Hlthcare Performance.
  
Please note that although Allscripts Hlthcare alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Allscripts Hlthcare did 0.14  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Allscripts Hlthcare stock's relative risk over its benchmark. Allscripts Hlthcare has a beta of 1.13  . 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.
Allscripts Hlthcare Enterprise Value over EBIT is fairly stable at the moment as compared to the past year. Allscripts Hlthcare reported Enterprise Value over EBIT of 14.00 in 2021. Enterprise Value over EBITDA is likely to rise to 7.69 in 2022, whereas Book Value per Share is likely to drop 10.73 in 2022.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Allscripts Hlthcare Quarterly Book Value per Share

10.312

Allscripts Hlthcare Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Allscripts Hlthcare market risk premium is the additional return an investor will receive from holding Allscripts Hlthcare long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Allscripts Hlthcare. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Allscripts Hlthcare's performance over market.
α-0.14   β1.13
90 days against DJI

Allscripts Hlthcare expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Allscripts Hlthcare's Buy-and-hold return. Our buy-and-hold chart shows how Allscripts Hlthcare performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Allscripts Hlthcare Market Price Analysis

Market price analysis indicators help investors to evaluate how Allscripts Hlthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allscripts Hlthcare shares will generate the highest return on investment. By understating and applying Allscripts Hlthcare stock market price indicators, traders can identify Allscripts Hlthcare position entry and exit signals to maximize returns.

Allscripts Hlthcare Return and Market Media

The median price of Allscripts Hlthcare for the period between Sun, May 15, 2022 and Sat, Aug 13, 2022 is 15.78 with a coefficient of variation of 7.47. The daily time series for the period is distributed with a sample standard deviation of 1.2, arithmetic mean of 16.09, and mean deviation of 1.09. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Allscripts Hlthcare exotic insider transaction detected05/26/2022
2
Healthcare Information Exchange Market 2022 Industry Overvie...05/27/2022
3
Sale by Paul Black of 75000 shares of Allscripts Hlthcare06/06/2022
4
Sale by Paul Black of 75000 shares of Allscripts Hlthcare06/17/2022
5
Filing06/22/2022
6
Acquisition by Altman Elizabeth Ann of 12756 shares of Allsc...06/28/2022
7
EPS Estimate06/30/2022
8
Global High-Acuity Information System Market Status 2022 CAG...07/07/2022
9
of 10.9 percent , Healthcare IT Integration Market Set for E...07/12/2022
10
Dental Practice Management Software Market Size Hit 9.44 Bn ...07/15/2022
11
Digital Health Market Players Integrate Augmented Reality, D...07/20/2022
12
Revenue Cycle Management Solutions Market in-Depth Analysis ...07/25/2022
13
Cloud Computing In Healthcare Market Growth And Latest Trend...07/28/2022
14
Healthcare Analytics Market Report 2022 Industry Analysis, S...08/01/2022
15
EPS Reported08/04/2022
16
Electronic Medical Records Market Know-How Industry to Exper...08/10/2022

About Allscripts Hlthcare Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Allscripts Hlthcare has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2017 2018 2021 (projected)
Long Term Debt to Equity1.370.420.25
Interest Coverage0.485.866.74

Allscripts Hlthcare Upcoming Company Events

As portrayed in its financial statements, the presentation of Allscripts Hlthcare's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Allscripts Hlthcare's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Allscripts Hlthcare's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Allscripts Hlthcare. Please utilize our Beneish M Score to check the likelihood of Allscripts Hlthcare's management manipulating its earnings.
Upcoming Quarterly Report24th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End24th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Allscripts Hlthcare

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified 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 Backtesting, Allscripts Hlthcare Valuation, Allscripts Hlthcare Correlation, Allscripts Hlthcare Hype Analysis, Allscripts Hlthcare Volatility, Allscripts Hlthcare History and analyze 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing 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.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
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
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...