P3 Health Partners Stock Price on September 27, 2023
| PIII Stock | USD 0.18 0.01 5.26% |
If you're considering investing in PIII Stock, it is important to understand the factors that can impact its price. As of today, the current price of P3 Health stands at 0.18, as last reported on the 27th of December, with the highest price reaching 0.20 and the lowest price hitting 0.18 during the day. P3 Health Partners retains Efficiency (Sharpe Ratio) of -0.11, which implies the company had a -0.11% return per unit of price deviation over the last 3 months. P3 Health exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check P3 Health's market risk adjusted performance of (1.44), and Information Ratio of (0.11) to confirm the risk estimate we provide.
As of now, P3 Health's Common Stock Shares Outstanding is increasing as compared to previous years. The P3 Health's current Other Stockholder Equity is estimated to increase to about 534.9 M, while Total Stockholder Equity is projected to decrease to under 87.8 M. . The current Price To Sales Ratio is estimated to decrease to 0.09. The current Price Earnings Ratio is estimated to decrease to -2.26. PIII Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PIII |
Sharpe Ratio = -0.1102
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PIII |
Estimated Market Risk
| 8.12 actual daily | 72 72% of assets are less volatile |
Expected Return
| -0.89 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average P3 Health is not performing at its full potential. However, 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 P3 Health by adding P3 Health to a well-diversified portfolio.
Price Book 0.2473 | Enterprise Value Ebitda (1.86) | Price Sales 0.0827 | Shares Float 61.4 M | Wall Street Target Price 0.625 |
P3 Health Valuation on September 27, 2023
It is possible to determine the worth of P3 Health on a given historical date. On September 27, 2023 PIII was worth 1.44 at the beginning of the trading date compared to the closed value of 1.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of P3 Health stock. Still, in general, we apply an absolute valuation method to find P3 Health's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of P3 Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against P3 Health's related companies.
| Open | High | Low | Close | Volume | |
| 1.32 | 1.44 | 1.32 | 1.44 | 257,709 | |
09/27/2023 | 1.44 | 1.52 | 1.42 | 1.45 | 382,828 |
| 1.45 | 1.46 | 1.38 | 1.38 | 283,987 |
| Backtest P3 Health | | | P3 Health History | | | P3 Health Valuation | Previous | Next |
P3 Health Trading Date Momentum on September 27, 2023
| On September 28 2023 P3 Health Partners was traded for 1.38 at the closing time. The top price for the day was 1.46 and the lowest listed price was 1.38 . The trading volume for the day was 284 K. The trading history from September 28, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.83% . The trading delta at closing time against the current closing price is 30.34% . |
P3 Health Partners Fundamentals Correlations and Trends
By evaluating P3 Health's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among P3 Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PIII financial account trend analysis is a perfect complement when working with valuation or volatility modules.About P3 Health Stock history
P3 Health investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PIII is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in P3 Health Partners will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing P3 Health stock prices may prove useful in developing a viable investing in P3 Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 294.6 M | 309.3 M | |
| Net Loss | -11.6 M | -12.2 M |
P3 Health Stock Technical Analysis
P3 Health 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.
Price Boundaries
P3 Health Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
P3 Health Partners cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
P3 Health December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how P3 Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading P3 Health shares will generate the highest return on investment. By undertsting and applying P3 Health stock market strength indicators, traders can identify P3 Health Partners entry and exit signals to maximize returns
P3 Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for P3 Health's price direction in advance. Along with the technical and fundamental analysis of PIII Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PIII to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.87) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | (1.45) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for PIII Stock analysis
When running P3 Health's price analysis, check to measure P3 Health'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 P3 Health is operating at the current time. Most of P3 Health's value examination focuses on studying past and present price action to predict the probability of P3 Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move P3 Health's price. Additionally, you may evaluate how the addition of P3 Health to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| 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 | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |