P3 Health Partners Stock Beta
PIIIW Stock | USD 0.01 0 21.17% |
P3 Health Partners fundamentals help investors to digest information that contributes to P3 Health's financial success or failures. It also enables traders to predict the movement of PIIIW Stock. The fundamental analysis module provides a way to measure P3 Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to P3 Health stock.
PIIIW | Beta |
P3 Health Partners Company Beta Analysis
P3 Health's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current P3 Health Beta | 1.14 |
Most of P3 Health's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, P3 Health Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
PIIIW Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for P3 Health is extremely important. It helps to project a fair market value of PIIIW Stock properly, considering its historical fundamentals such as Beta. Since P3 Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of P3 Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of P3 Health's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, P3 Health Partners has a Beta of 1.14. This is 32.56% higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
PIIIW Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses P3 Health's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of P3 Health could also be used in its relative valuation, which is a method of valuing P3 Health by comparing valuation metrics of similar companies.P3 Health is currently under evaluation in beta category among its peers.
P3 Health returns are very sensitive to returns on the market. As the market goes up or down, P3 Health is expected to follow.
PIIIW Fundamentals
Return On Equity | -0.41 | ||||
Return On Asset | -0.12 | ||||
Profit Margin | (0.05) % | ||||
Operating Margin | (0.08) % | ||||
Number Of Shares Shorted | 34.02 K | ||||
Revenue | 1.27 B | ||||
EBITDA | (81.07 M) | ||||
Net Income | (57.77 M) | ||||
Cash And Equivalents | 4.34 M | ||||
Cash Per Share | 0.10 X | ||||
Total Debt | 121.94 M | ||||
Current Ratio | 0.45 X | ||||
Book Value Per Share | 1.22 X | ||||
Cash Flow From Operations | (76.03 M) | ||||
Earnings Per Share | (1.34) X | ||||
Number Of Employees | 400 | ||||
Beta | 1.14 | ||||
Total Asset | 860.97 M | ||||
Retained Earnings | (367.34 M) | ||||
Working Capital | (133.35 M) | ||||
Net Asset | 860.97 M |
About P3 Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze P3 Health Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of P3 Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of P3 Health Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for PIIIW 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.