Streamline Health Solutions Stock Probability of Future Stock Price Finishing Over 0.32
| STRM Stock | USD 0.32 0.01 3.23% |
Streamline |
Streamline Health Target Price Odds to finish over 0.32
The tendency of Streamline Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.32 | 90 days | 0.32 | about 88.71 |
Based on a normal probability distribution, the odds of Streamline Health to move above the current price in 90 days from now is about 88.71 (This Streamline Health Solutions probability density function shows the probability of Streamline Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.71 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Streamline Health will likely underperform. Additionally Streamline Health Solutions has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Streamline Health Price Density |
| Price |
Predictive Modules for Streamline Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Streamline Health. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Streamline Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Streamline Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Streamline Health is not an exception. The market had few large corrections towards the Streamline Health's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Streamline Health Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Streamline Health within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.71 | |
β | Beta against NYSE Composite | 1.71 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.11 |
Streamline Health Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Streamline Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Streamline Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Streamline Health generated a negative expected return over the last 90 days | |
| Streamline Health has high historical volatility and very poor performance | |
| Streamline Health has some characteristics of a very speculative penny stock | |
| Streamline Health has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 10.57 M in liabilities with Debt to Equity (D/E) ratio of 0.35, which is about average as compared to similar companies. Streamline Health has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Streamline Health until it has trouble settling it off, either with new capital or with free cash flow. So, Streamline Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Streamline Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Streamline to invest in growth at high rates of return. When we think about Streamline Health's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 22.6 M. Net Loss for the year was (18.7 M) with profit before overhead, payroll, taxes, and interest of 11.49 M. | |
| Streamline Health Solutions currently holds about 5.92 M in cash with (2.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Streamline Health has a poor financial position based on the latest SEC disclosures | |
| Roughly 26.0% of Streamline Health outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Streamline Health Solutions, Inc. Looks Inexpensive After Falling 28 percent But Perhaps Not Attractive Enough |
Streamline Health Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Streamline Stock often depends not only on the future outlook of the current and potential Streamline Health's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Streamline Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 56.5 M | |
| Cash And Short Term Investments | 3.2 M |
Streamline Health Technical Analysis
Streamline Health's future price can be derived by breaking down and analyzing its technical indicators over time. Streamline Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Streamline Health Solutions. In general, you should focus on analyzing Streamline Stock price patterns and their correlations with different microeconomic environments and drivers.
Streamline Health Predictive Forecast Models
Streamline Health's time-series forecasting models is one of many Streamline Health's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Streamline Health's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Streamline Health
Checking the ongoing alerts about Streamline Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Streamline Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Streamline Health generated a negative expected return over the last 90 days | |
| Streamline Health has high historical volatility and very poor performance | |
| Streamline Health has some characteristics of a very speculative penny stock | |
| Streamline Health has high likelihood to experience some financial distress in the next 2 years | |
| The company currently holds 10.57 M in liabilities with Debt to Equity (D/E) ratio of 0.35, which is about average as compared to similar companies. Streamline Health has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Streamline Health until it has trouble settling it off, either with new capital or with free cash flow. So, Streamline Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Streamline Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Streamline to invest in growth at high rates of return. When we think about Streamline Health's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 22.6 M. Net Loss for the year was (18.7 M) with profit before overhead, payroll, taxes, and interest of 11.49 M. | |
| Streamline Health Solutions currently holds about 5.92 M in cash with (2.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Streamline Health has a poor financial position based on the latest SEC disclosures | |
| Roughly 26.0% of Streamline Health outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Streamline Health Solutions, Inc. Looks Inexpensive After Falling 28 percent But Perhaps Not Attractive Enough |
Check out Streamline Health Backtesting, Streamline Health Valuation, Streamline Health Correlation, Streamline Health Hype Analysis, Streamline Health Volatility, Streamline Health History as well as Streamline Health Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Streamline Stock analysis
When running Streamline Health's price analysis, check to measure Streamline 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 Streamline Health is operating at the current time. Most of Streamline Health's value examination focuses on studying past and present price action to predict the probability of Streamline 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 Streamline Health's price. Additionally, you may evaluate how the addition of Streamline Health to your portfolios can decrease your overall portfolio volatility.
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Is Streamline Health's industry 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 (0.33) | Revenue Per Share 0.4 | 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.