Brightspring Health Services, Stock Price on November 22, 2024
| BTSG Stock | 17.32 0.02 0.12% |
If you're considering investing in BrightSpring Stock, it is important to understand the factors that can impact its price. As of today, the current price of BrightSpring Health stands at 17.32, as last reported on the 9th of January, with the highest price reaching 17.41 and the lowest price hitting 16.75 during the day. BrightSpring Health appears to be not too volatile, given 3 months investment horizon. BrightSpring Health secures Sharpe Ratio (or Efficiency) of 0.0868, which signifies that the company had a 0.0868% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for BrightSpring Health Services,, which you can use to evaluate the volatility of the firm. Please makes use of BrightSpring Health's Mean Deviation of 1.9, risk adjusted performance of 0.0868, and Downside Deviation of 2.55 to double-check if our risk estimates are consistent with your expectations.
At this time, BrightSpring Health's Stock Based Compensation To Revenue is most likely to slightly decrease in the upcoming years. . At this time, BrightSpring Health's Price To Free Cash Flows Ratio is most likely to increase in the upcoming years. The BrightSpring Health's current Price To Book Ratio is estimated to increase to 3.04, while Price Earnings Ratio is forecasted to increase to (13.31). BrightSpring Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BrightSpring |
Sharpe Ratio = 0.0868
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Estimated Market Risk
| 3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average BrightSpring Health is performing at about 6% 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 BrightSpring Health by adding it to a well-diversified portfolio.
Price Book 1.8698 | Enterprise Value Ebitda 15.5001 | Price Sales 0.2852 | Shares Float 56.2 M | Wall Street Target Price 21.5 |
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BrightSpring Health Valuation on November 22, 2024
It is possible to determine the worth of BrightSpring Health on a given historical date. On November 22, 2024 BrightSpring was worth 18.87 at the beginning of the trading date compared to the closed value of 18.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BrightSpring Health stock. Still, in general, we apply an absolute valuation method to find BrightSpring Health'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 BrightSpring Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BrightSpring Health's related companies.
| Open | High | Low | Close | Volume | |
| 19.12 | 19.13 | 18.73 | 18.75 | 656,352 | |
11/22/2024 | 18.87 | 19.03 | 18.60 | 18.75 | 1,075,100 |
| 18.87 | 19.31 | 18.69 | 19.03 | 1,835,309 |
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BrightSpring Health Trading Date Momentum on November 22, 2024
| On November 25 2024 BrightSpring Health Services, was traded for 19.03 at the closing time. The top price for the day was 19.31 and the lowest listed price was 18.69 . The trading volume for the day was 1.8 M. The trading history from November 25, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 1.49% . The overall trading delta against the current closing price is 1.23% . |
BrightSpring Health Fundamentals Correlations and Trends
By evaluating BrightSpring Health'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 BrightSpring Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BrightSpring financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BrightSpring Health Stock history
BrightSpring Health 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 BrightSpring is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BrightSpring Health 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 BrightSpring Health stock prices may prove useful in developing a viable investing in BrightSpring Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 196.9 M | 206.7 M |
BrightSpring Health Quarterly Net Working Capital |
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BrightSpring Health Stock Technical Analysis
BrightSpring 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.
Price Boundaries
BrightSpring Health Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
BrightSpring Health Services, 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.
BrightSpring Health January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how BrightSpring 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 BrightSpring Health shares will generate the highest return on investment. By undertsting and applying BrightSpring Health stock market strength indicators, traders can identify BrightSpring Health Services, entry and exit signals to maximize returns
BrightSpring Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BrightSpring Health's price direction in advance. Along with the technical and fundamental analysis of BrightSpring Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BrightSpring 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 | 0.0868 | |||
| Jensen Alpha | 0.2798 | |||
| Total Risk Alpha | 0.2815 | |||
| Sortino Ratio | 0.1098 | |||
| Treynor Ratio | 0.4466 |
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Complementary Tools for BrightSpring Stock analysis
When running BrightSpring Health's price analysis, check to measure BrightSpring Health'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 BrightSpring Health is operating at the current time. Most of BrightSpring Health's value examination focuses on studying past and present price action to predict the probability of BrightSpring Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BrightSpring Health's price. Additionally, you may evaluate how the addition of BrightSpring Health to your portfolios can decrease your overall portfolio volatility.
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