Alignment Healthcare Llc Stock Price on November 14, 2024
| ALHC Stock | USD 14.61 0.00 0.00% |
If you're considering investing in Alignment Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alignment Healthcare stands at 14.61, as last reported on the 21st of January, with the highest price reaching 14.79 and the lowest price hitting 14.38 during the day. Alignment Healthcare appears to be not too volatile, given 3 months investment horizon. Alignment Healthcare LLC secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17 % return per unit of risk over the last 3 months. By analyzing Alignment Healthcare's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of Alignment Healthcare's Risk Adjusted Performance of 0.1059, downside deviation of 3.53, and Mean Deviation of 2.79 to double-check if our risk estimates are consistent with your expectations.
As of January 21, 2025, Total Stockholder Equity is expected to decline to about 143.7 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 146.2 M. At present, Alignment Healthcare's Price To Book Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 14.69, whereas Price To Sales Ratio is forecasted to decline to 0.96. Alignment Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alignment |
Sharpe Ratio = 0.1681
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Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Alignment Healthcare is performing at about 13% of its full potential. 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 Alignment Healthcare by adding it to a well-diversified portfolio.
Price Book 24.3992 | Enterprise Value Ebitda (7.03) | Price Sales 1.1326 | Shares Float 92.3 M | Wall Street Target Price 14 |
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Alignment Healthcare Valuation on November 14, 2024
It is possible to determine the worth of Alignment Healthcare on a given historical date. On November 14, 2024 Alignment was worth 12.64 at the beginning of the trading date compared to the closed value of 12.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alignment Healthcare stock. Still, in general, we apply an absolute valuation method to find Alignment Healthcare's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alignment Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alignment Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 13.24 | 13.40 | 12.72 | 12.78 | 934,141 | |
11/14/2024 | 12.64 | 13.21 | 12.61 | 12.83 | 783,332 |
| 11.10 | 11.65 | 10.85 | 11.49 | 15,157,998 |
| Backtest Alignment Healthcare | | | Alignment Healthcare History | | | Alignment Healthcare Valuation | Previous | Next |
Alignment Healthcare Trading Date Momentum on November 14, 2024
| On November 15 2024 Alignment Healthcare LLC was traded for 11.49 at the closing time. The top price for the day was 11.65 and the lowest listed price was 10.85 . The trading volume for the day was 15.2 M. The trading history from November 15, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 10.44% . The overall trading delta against the current closing price is 5.07% . |
Alignment Healthcare LLC Fundamentals Correlations and Trends
By evaluating Alignment Healthcare's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alignment Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alignment financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alignment Healthcare Stock history
Alignment Healthcare investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alignment is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alignment Healthcare LLC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alignment Healthcare stock prices may prove useful in developing a viable investing in Alignment Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 167.6 M | 146.2 M | |
| Net Loss | -134.6 M | -141.3 M |
Alignment Healthcare Quarterly Net Working Capital |
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Alignment Healthcare Stock Technical Analysis
Alignment Healthcare 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.
Price Boundaries
Alignment Healthcare Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
Alignment Healthcare LLC cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alignment Healthcare January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how Alignment Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alignment Healthcare shares will generate the highest return on investment. By undertsting and applying Alignment Healthcare stock market strength indicators, traders can identify Alignment Healthcare LLC entry and exit signals to maximize returns
Alignment Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alignment Healthcare's price direction in advance. Along with the technical and fundamental analysis of Alignment Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alignment to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1059 | |||
| Jensen Alpha | 0.4177 | |||
| Total Risk Alpha | 0.3454 | |||
| Sortino Ratio | 0.1174 | |||
| Treynor Ratio | 0.5047 |
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Complementary Tools for Alignment Stock analysis
When running Alignment Healthcare's price analysis, check to measure Alignment Healthcare'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 Alignment Healthcare is operating at the current time. Most of Alignment Healthcare's value examination focuses on studying past and present price action to predict the probability of Alignment Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alignment Healthcare's price. Additionally, you may evaluate how the addition of Alignment Healthcare to your portfolios can decrease your overall portfolio volatility.
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