Healthcare Services Group Stock Alpha and Beta Analysis
| HCSG Stock | USD 12.34 0.04 0.32% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Healthcare Services Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Healthcare Services over a specified time horizon. Remember, high Healthcare Services' 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 Healthcare Services' market risk premium analysis include:
Beta 1.18 | Alpha 0.0621 | Risk 2.15 | Sharpe Ratio 0.11 | Expected Return 0.23 |
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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.
Healthcare |
Healthcare Services Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Healthcare Services market risk premium is the additional return an investor will receive from holding Healthcare Services 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 Healthcare Services. 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 Healthcare Services' performance over market.| α | 0.06 | β | 1.18 |
Healthcare Services 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 Healthcare Services' Buy-and-hold return. Our buy-and-hold chart shows how Healthcare Services performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Healthcare Services Market Price Analysis
Market price analysis indicators help investors to evaluate how Healthcare Services stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Healthcare Services shares will generate the highest return on investment. By understating and applying Healthcare Services stock market price indicators, traders can identify Healthcare Services position entry and exit signals to maximize returns.
Healthcare Services Return and Market Media
The median price of Healthcare Services for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 11.02 with a coefficient of variation of 5.92. The daily time series for the period is distributed with a sample standard deviation of 0.65, arithmetic mean of 11.05, and mean deviation of 0.52. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
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4 | DEEPNOID Third Quarter 2024 Earnings 76.00 loss per share | 11/15/2024 |
5 | Is Mental Health TechnologiesLtd Using Too Much Debt | 11/18/2024 |
6 | Healthcare Services Group Has A Rock Solid Balance Sheet | 11/19/2024 |
7 | Healthcare Stocks Remain Strong with Healthcare Services Group Inc | 11/21/2024 |
8 | Healthcare Services Group, Inc.s Stock Is Rallying But Financials Look Ambiguous Will The Momentum Continue | 11/25/2024 |
9 | Teladoc Health, Inc. Surges 40 percent Yet Its Low PS Is No Reason For Excitement | 11/26/2024 |
10 | Returns On Capital At Veeva Systems Paint A Concerning Picture | 11/27/2024 |
About Healthcare Services 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 Healthcare or other stocks. Alpha measures the amount that position in Healthcare Services 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 | 0.0468 | 0.071 | 0.0639 | 0.0671 | Price To Sales Ratio | 0.81 | 0.53 | 0.46 | 0.9 |
Healthcare Services Upcoming Company Events
As portrayed in its financial statements, the presentation of Healthcare Services' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Healthcare Services' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Healthcare Services' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Healthcare Services. Please utilize our Beneish M Score to check the likelihood of Healthcare Services' management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Healthcare Services Backtesting, Healthcare Services Valuation, Healthcare Services Correlation, Healthcare Services Hype Analysis, Healthcare Services Volatility, Healthcare Services History and analyze Healthcare Services Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Healthcare Services 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.