Streamline Health Solutions Stock Beta

STRM Stock  USD 0.29  0.01  3.33%   
Streamline Health Solutions fundamentals help investors to digest information that contributes to Streamline Health's financial success or failures. It also enables traders to predict the movement of Streamline Stock. The fundamental analysis module provides a way to measure Streamline Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Streamline Health stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Streamline Health Solutions Company Beta Analysis

Streamline Health's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Streamline Health Beta

    
  1.2  
Most of Streamline Health's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Streamline Health Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Streamline Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Streamline Health is extremely important. It helps to project a fair market value of Streamline Stock properly, considering its historical fundamentals such as Beta. Since Streamline Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Streamline Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Streamline Health's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, Streamline Health Solutions has a Beta of 1.195. This is 38.95% higher than that of the Health Care Technology sector and significantly higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.

Streamline Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Streamline Health's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Streamline Health could also be used in its relative valuation, which is a method of valuing Streamline Health by comparing valuation metrics of similar companies.
Streamline Health is currently under evaluation in beta category among related companies.

Streamline Health Current Valuation Drivers

We derive many important indicators used in calculating different scores of Streamline Health from analyzing Streamline Health's financial statements. These drivers represent accounts that assess Streamline Health's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Streamline Health's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap25.0M60.9M58.7M106.5M22.0M32.1M
Enterprise Value27.2M61.2M58.9M109.7M(3.2B)(3.0B)

Streamline Health Institutional Holders

Institutional Holdings refers to the ownership stake in Streamline Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Streamline Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Streamline Health's value.
Shares
Townsquare Capital Llc2023-12-31
135.4 K
Hightower Advisors, Llc2023-12-31
125 K
Mesirow Fin Investmt Mgmt Intl Equity2023-12-31
123.9 K
Citadel Advisors Llc2023-09-30
117.9 K
State Street Corporation2023-12-31
115.6 K
Alera Investment Advisors, Llc2023-12-31
100 K
Northern Trust Corp2023-12-31
71 K
Spouting Rock Asset Management, Llc2023-12-31
63.1 K
Ubs Group Ag2023-12-31
46.4 K
Tamarack Advisers, Lp2023-12-31
4.9 M
Harbert Fund Advisors Inc2023-12-31
4.8 M
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Streamline Health will likely underperform.

Streamline Fundamentals

About Streamline Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Streamline Health Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Streamline Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Streamline Health Solutions based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Streamline Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Streamline Health's short interest history, or implied volatility extrapolated from Streamline Health options trading.

Currently Active Assets on Macroaxis

When determining whether Streamline Health is a strong investment it is important to analyze Streamline Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Streamline Health's future performance. For an informed investment choice regarding Streamline Stock, refer to the following important reports:
Check out Streamline Health Piotroski F Score and Streamline Health Altman Z Score analysis.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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
(0.35)
Revenue Per Share
0.428
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.