Nanthealth Stock Alpha and Beta Analysis

NH
 Stock
  

USD 0.26  0.02  8.33%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nanthealth. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nanthealth over a specified time horizon. Remember, high Nanthealth'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 Nanthealth Backtesting, Nanthealth Valuation, Nanthealth Correlation, Nanthealth Hype Analysis, Nanthealth Volatility, Nanthealth History and analyze Nanthealth Performance.
  
Please note that although Nanthealth 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, Nanthealth did 0.43  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 Nanthealth stock's relative risk over its benchmark. Nanthealth has a beta of 1.54  . Let's try to break down what Nanthealth's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nanthealth will likely underperform.
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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.

Nanthealth Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nanthealth market risk premium is the additional return an investor will receive from holding Nanthealth 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 Nanthealth. 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 Nanthealth's performance over market.
α-0.43   β1.54
90 days against DJI

Nanthealth 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 Nanthealth's Buy-and-hold return. Our buy-and-hold chart shows how Nanthealth performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Nanthealth Market Price Analysis

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

Nanthealth Return and Market Media

The median price of Nanthealth for the period between Thu, Jul 7, 2022 and Wed, Oct 5, 2022 is 0.48 with a coefficient of variation of 20.08. The daily time series for the period is distributed with a sample standard deviation of 0.09, arithmetic mean of 0.46, and mean deviation of 0.07. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Global Genomic Cancer Panel and Profiling Markets, 2022-2026...07/22/2022
2
Market Mover NantHealth Loses at Midday July 28 - Equities N...07/28/2022
3
EPS Reported08/04/2022
4
NantHealth, Inc. Q2 2022 Earnings Call Transcript - Nasdaq08/05/2022
5
NantHealths Eviti Platform Once More Earns Full URAC Accredi...08/24/2022
6
Catching Up With Delawares Chancery Court - Law36010/03/2022

About Nanthealth 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 financial instruments including Nanthealth or other stocks. Alpha measures the amount that position in Nanthealth 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.

Nanthealth Upcoming Company Events

As portrayed in its financial statements, the presentation of Nanthealth's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nanthealth's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Nanthealth's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Nanthealth. Please utilize our Beneish M Score to check the likelihood of Nanthealth'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

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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 Nanthealth Backtesting, Nanthealth Valuation, Nanthealth Correlation, Nanthealth Hype Analysis, Nanthealth Volatility, Nanthealth History and analyze Nanthealth Performance. 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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Nanthealth Stock analysis

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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Nanthealth 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 Nanthealth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nanthealth 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...