Streamline Health Solutions Stock Market Value
| STRM Stock | USD 2.62 0.16 5.76% |
| Symbol | Streamline |
Streamline Health 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 Streamline Health. If investors know Streamline 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 Streamline Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 12.131 | Earnings Share (4.80) | Revenue Per Share 5.249 | Quarterly Revenue Growth (0.01) | Return On Assets (0.11) |
The market value of Streamline Health is measured differently than its book value, which is the value of Streamline that is recorded on the company's balance sheet. Investors also form their own opinion of Streamline Health's value that differs from its market value or its book value, called intrinsic value, which is Streamline Health'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 Streamline Health's market value can be influenced by many factors that don't directly affect Streamline Health'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 Streamline Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Streamline Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Streamline Health'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.
Streamline Health '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 Streamline Health'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 Streamline Health.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Streamline Health on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Streamline Health Solutions or generate 0.0% return on investment in Streamline Health over 360 days. Streamline Health is related to or competes with HealthStream, National Research, Forian, HealthEquity, and Health Catalyst. Streamline Health Solutions, Inc. offers health information technology solutions and associated services for hospitals a... More
Streamline Health 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 Streamline Health'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 Streamline Health Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 55.52 | |||
| Value At Risk | (14.33) | |||
| Potential Upside | 19.4 |
Streamline Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Streamline Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Streamline Health's standard deviation. In reality, there are many statistical measures that can use Streamline Health historical prices to predict the future Streamline Health's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (1.19) | |||
| Total Risk Alpha | (2.88) | |||
| Treynor Ratio | (1.00) |
Streamline Health Backtested Returns
Streamline Health owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0838, which indicates the firm had a -0.0838% return per unit of risk over the last 3 months. Streamline Health Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Streamline Health's Variance of 118.8, coefficient of variation of (1,040), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of 1.06, which indicates a somewhat significant risk relative to the market. Streamline Health returns are very sensitive to returns on the market. As the market goes up or down, Streamline Health is expected to follow. At this point, Streamline Health has a negative expected return of -0.92%. Please make sure to validate Streamline Health's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Streamline Health performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Streamline Health Solutions has below average predictability. Overlapping area represents the amount of predictability between Streamline Health time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Streamline Health price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Streamline Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 5.9 |
Streamline Health lagged returns against current returns
Autocorrelation, which is Streamline Health 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 Streamline Health's stock expected returns. We can calculate the autocorrelation of Streamline Health returns to help us make a trade decision. For example, suppose you find that Streamline Health 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 |
| Timeline |
Streamline Health 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 Streamline Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Streamline Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Streamline Health stock over time.
Current vs Lagged Prices |
| Timeline |
Streamline Health Lagged Returns
When evaluating Streamline Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Streamline Health stock have on its future price. Streamline Health 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, Streamline Health autocorrelation shows the relationship between Streamline Health stock current value and its past values and can show if there is a momentum factor associated with investing in Streamline Health Solutions.
Regressed Prices |
| Timeline |
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Streamline 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.