Phlt Stock Performance
| PHLT Stock | 2.75 0.10 3.77% |
The company holds a Beta of 0.0479, which implies not very significant fluctuations relative to the market. As returns on the market increase, PHLT's returns are expected to increase less than the market. However, during the bear market, the loss of holding PHLT is expected to be smaller as well. At this point, PHLT has a negative expected return of -0.41%. Please make sure to check PHLT's jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if PHLT performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days PHLT has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's essential indicators remain comparatively stable which may send shares a bit higher in February 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return 3.77 | Five Day Return (10.13) | Year To Date Return (9.24) | Ten Year Return (12.97) | All Time Return (12.97) |
1 | Performant Financial Rebrands to Performant Healthcare, Doubles Down on Payment Integrity Business - StockTitan | 12/10/2024 |
2 | Performant Healthcare Rebrands with New Ticker PHLT, Doubles Down on Healthcare Payment Integrity - StockTitan | 12/16/2024 |
PHLT |
PHLT Relative Risk vs. Return Landscape
If you would invest 368.00 in PHLT on October 11, 2024 and sell it today you would lose (93.00) from holding PHLT or give up 25.27% of portfolio value over 90 days. PHLT is currently does not generate positive expected returns and assumes 3.6954% risk (volatility on return distribution) over the 90 days horizon. In different words, 32% of stocks are less volatile than PHLT, 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 |
PHLT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PHLT's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as PHLT, and traders can use it to determine the average amount a PHLT'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 = -0.1101
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| Negative Returns | PHLT |
Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PHLT 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 PHLT by adding PHLT to a well-diversified portfolio.
About PHLT Performance
Assessing PHLT's fundamental ratios provides investors with valuable insights into PHLT's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the PHLT is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
PHLT is entity of United States. It is traded as Stock on NASDAQ exchange.Things to note about PHLT performance evaluation
Checking the ongoing alerts about PHLT for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for PHLT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| PHLT generated a negative expected return over the last 90 days | |
| PHLT has high historical volatility and very poor performance | |
| PHLT was previously known as Performant Financial and was traded on NASDAQ Exchange under the symbol PFMT. | |
| Latest headline from news.google.com: Performant Healthcare Rebrands with New Ticker PHLT, Doubles Down on Healthcare Payment Integrity - StockTitan |
- Analyzing PHLT'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 PHLT's stock is overvalued or undervalued compared to its peers.
- Examining PHLT'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 PHLT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PHLT's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of PHLT's stock. These opinions can provide insight into PHLT's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for PHLT Stock Analysis
When running PHLT's price analysis, check to measure PHLT'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 PHLT is operating at the current time. Most of PHLT's value examination focuses on studying past and present price action to predict the probability of PHLT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHLT's price. Additionally, you may evaluate how the addition of PHLT to your portfolios can decrease your overall portfolio volatility.