Astrana Health Stock Alpha and Beta Analysis
| ASTH Stock | 33.48 0.01 0.03% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Astrana Health. It also helps investors analyze the systematic and unsystematic risks associated with investing in Astrana Health over a specified time horizon. Remember, high Astrana Health'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. Key technical indicators related to Astrana Health's market risk premium analysis include:
Beta 1.09 | Alpha (0.78) | Risk 3.49 | Sharpe Ratio (0.21) | Expected Return (0.73) |
Enterprise Value |
|
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.
Astrana |
Astrana Health Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Astrana Health market risk premium is the additional return an investor will receive from holding Astrana Health 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 Astrana Health. 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 Astrana Health's performance over market.| α | -0.78 | β | 1.09 |
Astrana Health 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 Astrana Health's Buy-and-hold return. Our buy-and-hold chart shows how Astrana Health performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Astrana Health Market Price Analysis
Market price analysis indicators help investors to evaluate how Astrana 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 Astrana Health shares will generate the highest return on investment. By understating and applying Astrana Health stock market price indicators, traders can identify Astrana Health position entry and exit signals to maximize returns.
Astrana Health Return and Market Media
The median price of Astrana Health for the period between Wed, Sep 25, 2024 and Tue, Dec 24, 2024 is 54.53 with a coefficient of variation of 18.19. The daily time series for the period is distributed with a sample standard deviation of 9.02, arithmetic mean of 49.58, and mean deviation of 8.47. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 2626 shares by Brandon Sim of Astrana Health at 57.87 subject to Rule 16b-3 | 10/02/2024 |
2 | Acquisition by Marsh Linda of 11000 shares of Astrana Health at 15.35 subject to Rule 16b-3 | 10/03/2024 |
3 | Analysts Estimate Astrana Health, Inc. to Report a Decline in Earnings What to Look Out for | 10/31/2024 |
4 | Astrana Health, Inc. Q3 2024 Earnings Call Transcript | 11/11/2024 |
5 | Disposition of 636 shares by John Vong of Astrana Health at 42.91 subject to Rule 16b-3 | 11/12/2024 |
6 | Short Interest in Astrana Health, Inc. Drops By 12.8 | 11/18/2024 |
7 | Disposition of 1515 shares by Chiang John of Astrana Health at 18.41 subject to Rule 16b-3 | 11/19/2024 |
8 | Impressive Earnings May Not Tell The Whole Story For Astrana Health | 11/22/2024 |
9 | Disposition of 134 shares by John Vong of Astrana Health at 43.25 subject to Rule 16b-3 | 11/29/2024 |
10 | ADUS vs. ASTH Which Stock Is the Better Value Option | 12/05/2024 |
11 | Disposition of 5100 shares by Kitayama Mitchell W of Astrana Health at 43.09 subject to Rule 16b-3 | 12/10/2024 |
12 | Astrana Health sheds 12 percent this week, as yearly returns fall more in line with earnings growth | 12/13/2024 |
About Astrana Health 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 Astrana or other stocks. Alpha measures the amount that position in Astrana Health 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.009653 | 0.0105 | 0.0343 | 0.0428 | Price To Sales Ratio | 4.16 | 1.16 | 1.31 | 1.33 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Astrana Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Astrana Health's short interest history, or implied volatility extrapolated from Astrana Health options trading.
Build Portfolio with Astrana Health
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Astrana Health Backtesting, Astrana Health Valuation, Astrana Health Correlation, Astrana Health Hype Analysis, Astrana Health Volatility, Astrana Health History and analyze Astrana Health Performance. For more detail on how to invest in Astrana Stock please use our How to Invest in Astrana Health guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Astrana 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.