Cue Health Alpha and Beta Analysis
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cue Health. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cue Health over a specified time horizon. Remember, high Cue Health's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Cue Health's market risk premium analysis include:
Beta (0.22) | Alpha (2.85) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Cue |
Cue Health Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cue Health market risk premium is the additional return an investor will receive from holding Cue Health long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cue Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Cue Health's performance over market.| α | -2.85 | β | -0.22 |
Cue Health Fundamentals Vs Peers
Comparing Cue Health's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cue Health's direct or indirect competition across all of the common fundamentals between Cue Health and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cue Health or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cue Health's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cue Health by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cue Health to competition |
| Fundamentals | Cue Health | Peer Average |
| Return On Equity | -0.95 | -0.31 |
| Return On Asset | -0.31 | -0.14 |
| Operating Margin | (4.38) % | (5.51) % |
| Current Valuation | 5.46 M | 16.62 B |
| Shares Outstanding | 159.09 M | 571.82 M |
| Shares Owned By Insiders | 11.56 % | 10.09 % |
| Shares Owned By Institutions | 52.80 % | 39.21 % |
Cue Health Opportunities
Cue Health Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Clint Sever of 26664 shares of Cue Health at 0.2 subject to Rule 16b-3 | 05/03/2024 |
2 | Cue Health Evaluating Warning Letter Received from Food and Drug Administration | 05/14/2024 |
3 | Cue Health lays off remaining employees after FDA warning on COVID-19 tests | 05/22/2024 |
4 | Cue Health files for bankruptcy, to pursue wind down of business | 05/28/2024 |
5 | Why Is UiPath Stock Down 30 percent Today | 05/30/2024 |
6 | ONWARD Medical to Highlight Brain-Computer Interface at HLTH Europe Conference | 06/18/2024 |
About Cue Health Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Cue or other delisted stocks. Alpha measures the amount that position in Cue Health has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Cue Health Upcoming Company Events
As portrayed in its financial statements, the presentation of Cue Health's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cue Health's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Cue Health's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Cue Health. Please utilize our Beneish M Score to check the likelihood of Cue Health's management manipulating its earnings.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Cue Health
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Cue Stock
If you are still planning to invest in Cue Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cue Health's history and understand the potential risks before investing.
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