Sonara Health partners with Behavioral Health Group to increase access to take-home methadone in South Carolina
BHGDelisted Stock | USD 12.29 0.39 3.08% |
Roughly 62% of Bright Health's investor base is looking to short. The analysis of current outlook of investing in Bright Health Group suggests that many traders are alarmed regarding Bright Health's prospects. The current market sentiment, together with Bright Health's historical and current headlines, can help investors time the market. In addition, many technical investors use Bright Health Group stock news signals to limit their universe of possible portfolio assets.
Bright |
As part of its mission to make it easier for patients to access life-saving methadone treatment, Sonara Health has partnered with Behavioral Health Group to make Sonaras remote dosing application available to three opioid treatment programs in South Carolina.
Read at finance.yahoo.com
Bright Health Fundamental Analysis
We analyze Bright Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bright Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bright Health 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.
Revenue
Revenue Comparative Analysis
Bright Health is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Bright Health Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Bright Health stock to make a market-neutral strategy. Peer analysis of Bright Health could also be used in its relative valuation, which is a method of valuing Bright Health by comparing valuation metrics with similar companies.
Peers
Bright Health Related Equities
MOH | Molina Healthcare | 3.32 | ||||
CVS | CVS Health | 0.19 | ||||
UNH | UnitedHealth Group | 0.54 | ||||
ELV | Elevance Health | 0.57 | ||||
CI | Cigna Corp | 0.64 | ||||
HUM | Humana | 0.68 | ||||
CLOV | Clover Health | 0.87 | ||||
CNC | Centene Corp | 1.08 | ||||
ALHC | Alignment Healthcare | 2.26 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Bright Stock
If you are still planning to invest in Bright Health Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bright Health's history and understand the potential risks before investing.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |