Cue Health Performance
The firm shows a Beta (market volatility) of 3.33, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cue Health will likely underperform. Cue Health right now shows a risk of 0.0%. Please confirm Cue Health mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis , to decide if Cue Health will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Cue Health has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, Cue Health is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Begin Period Cash Flow | 242.3 M |
Cue |
Cue Health Relative Risk vs. Return Landscape
If you would invest (100.00) in Cue Health on August 31, 2024 and sell it today you would earn a total of 100.00 from holding Cue Health or generate -100.0% return on investment over 90 days. Cue Health is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Cue, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Cue Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cue Health's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cue Health, and traders can use it to determine the average amount a Cue Health's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Cue 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 Cue Health by adding Cue Health to a well-diversified portfolio.
Cue Health Fundamentals Growth
Cue Stock prices reflect investors' perceptions of the future prospects and financial health of Cue Health, and Cue Health fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cue Stock performance.
| Return On Equity | -0.95 | |||
| Return On Asset | -0.31 | |||
| Operating Margin | (4.38) % | |||
| Current Valuation | 5.46 M | |||
| Shares Outstanding | 159.09 M | |||
| Price To Earning | 16.86 X | |||
| Price To Book | 0.10 X | |||
| Price To Sales | 0.36 X | |||
| Revenue | 70.94 M | |||
| EBITDA | (240.44 M) | |||
| Cash And Equivalents | 363.12 M | |||
| Cash Per Share | 2.45 X | |||
| Total Debt | 47.94 M | |||
| Debt To Equity | 0.09 % | |||
| Book Value Per Share | 1.26 X | |||
| Cash Flow From Operations | (137.81 M) | |||
| Earnings Per Share | (2.13) X | |||
| Total Asset | 339.79 M | |||
| Retained Earnings | (591.54 M) | |||
| Current Asset | 115.52 M | |||
| Current Liabilities | 51.82 M | |||
About Cue Health Performance
By evaluating Cue Health's fundamental ratios, stakeholders can gain valuable insights into Cue Health's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cue Health has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Cue Health has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Cue Health Inc., a healthcare technology company, designs and develops diagnostic platform for diagnostic tests for individuals, enterprises, healthcare providers and payors, and public health agencies. Cue Health Inc. was incorporated in 2010 and is headquartered in San Diego, California. Cue Health operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 1585 people.Things to note about Cue Health performance evaluation
Checking the ongoing alerts about Cue Health for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cue Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cue Health is not yet fully synchronised with the market data | |
| Cue Health has some characteristics of a very speculative penny stock | |
| Cue Health has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 70.94 M. Net Loss for the year was (373.46 M) with loss before overhead, payroll, taxes, and interest of (17.95 M). | |
| Cue Health currently holds about 363.12 M in cash with (137.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.45. |
- Analyzing Cue Health's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cue Health's stock is overvalued or undervalued compared to its peers.
- Examining Cue Health's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cue Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cue Health's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cue Health's stock. These opinions can provide insight into Cue Health's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis 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 estimate. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Cue Stock
If you are still planning to invest in Cue Health 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 Cue Health's history and understand the potential risks before investing.
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