Definitive Healthcare Corp Stock Market Value
| DH Stock | USD 2.59 0.16 5.82% |
| Symbol | Definitive |
Definitive Healthcare Price To Book Ratio
Is Health Care Technology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Definitive Healthcare. If investors know Definitive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Definitive Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.54) | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets | Return On Equity |
The market value of Definitive Healthcare is measured differently than its book value, which is the value of Definitive that is recorded on the company's balance sheet. Investors also form their own opinion of Definitive Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Definitive Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Definitive Healthcare's market value can be influenced by many factors that don't directly affect Definitive Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Definitive Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Definitive Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Definitive Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Definitive Healthcare 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Definitive Healthcare's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Definitive Healthcare.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Definitive Healthcare on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Definitive Healthcare Corp or generate 0.0% return on investment in Definitive Healthcare over 90 days. Definitive Healthcare is related to or competes with National Research, Evolent Health, Simulations Plus, Privia Health, HealthStream, Certara, and Phreesia. Definitive Healthcare Corp., together with its subsidiaries, provides healthcare commercial intelligence in the United S... More
Definitive Healthcare Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Definitive Healthcare's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Definitive Healthcare Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 46.28 | |||
| Value At Risk | (5.82) | |||
| Potential Upside | 8.37 |
Definitive Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Definitive Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Definitive Healthcare's standard deviation. In reality, there are many statistical measures that can use Definitive Healthcare historical prices to predict the future Definitive Healthcare's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | 0.2799 | |||
| Treynor Ratio | (1.18) |
Definitive Healthcare Backtested Returns
Definitive Healthcare secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12 % return per unit of risk over the last 3 months. Definitive Healthcare Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Definitive Healthcare's Standard Deviation of 5.7, mean deviation of 3.11, and Variance of 32.49 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, Definitive Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Definitive Healthcare is expected to be smaller as well. At this point, Definitive Healthcare has a negative expected return of -0.7%. Please make sure to confirm Definitive Healthcare's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Definitive Healthcare performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Definitive Healthcare Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Definitive Healthcare time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Definitive Healthcare price movement. The serial correlation of -0.77 indicates that around 77.0% of current Definitive Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.91 |
Definitive Healthcare lagged returns against current returns
Autocorrelation, which is Definitive Healthcare stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Definitive Healthcare's stock expected returns. We can calculate the autocorrelation of Definitive Healthcare returns to help us make a trade decision. For example, suppose you find that Definitive Healthcare has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Definitive Healthcare regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Definitive Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Definitive Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Definitive Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
Definitive Healthcare Lagged Returns
When evaluating Definitive Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Definitive Healthcare stock have on its future price. Definitive Healthcare autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Definitive Healthcare autocorrelation shows the relationship between Definitive Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Definitive Healthcare Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Definitive Healthcare Correlation, Definitive Healthcare Volatility and Definitive Healthcare Alpha and Beta module to complement your research on Definitive Healthcare. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Definitive 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.