Unitedhealth Group Incorporated Stock Alpha and Beta Analysis
| UNH Stock | USD 492.45 0.52 0.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as UnitedHealth Group Incorporated. It also helps investors analyze the systematic and unsystematic risks associated with investing in UnitedHealth Group over a specified time horizon. Remember, high UnitedHealth Group'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 UnitedHealth Group's market risk premium analysis include:
Beta 0.38 | Alpha (0.08) | Risk 1.56 | Sharpe Ratio (0.01) | Expected Return (0.01) |
UnitedHealth Group Quarterly Cash And Equivalents |
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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.
UnitedHealth |
UnitedHealth Group Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. UnitedHealth Group market risk premium is the additional return an investor will receive from holding UnitedHealth Group 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 UnitedHealth Group. 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 UnitedHealth Group's performance over market.| α | -0.08 | β | 0.38 |
UnitedHealth Group expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of UnitedHealth Group's Buy-and-hold return. Our buy-and-hold chart shows how UnitedHealth Group performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.UnitedHealth Group Market Price Analysis
Market price analysis indicators help investors to evaluate how UnitedHealth Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UnitedHealth Group shares will generate the highest return on investment. By understating and applying UnitedHealth Group stock market price indicators, traders can identify UnitedHealth Group position entry and exit signals to maximize returns.
UnitedHealth Group Return and Market Media
The median price of UnitedHealth Group for the period between Sun, Feb 4, 2024 and Sat, May 4, 2024 is 491.66 with a coefficient of variation of 4.38. The daily time series for the period is distributed with a sample standard deviation of 21.48, arithmetic mean of 490.31, and mean deviation of 16.02. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| UnitedHealth Group dividend paid on 19th of March 2024 | 03/19/2024 |
1 | Mpls. therapy clinic sues over cyberattack at UnitedHealth subsidiary | 04/11/2024 |
2 | UnitedHealth Group Inc Q1 2024 Earnings Adjusted EPS Beats Estimates Amidst Cyberattack ... | 04/18/2024 |
3 | Oregon lawmakers implore Optum to drop physician noncompete agreements | 04/24/2024 |
4 | Centene looks beyond Medicaid redeterminations | 04/26/2024 |
5 | UnitedHealth CEOAndrew Witty to Testify Before Congress on Cyberattack | 04/29/2024 |
6 | Almost all US hospitals took financial hit from Change hack, AHA says | 04/30/2024 |
7 | A third of Americans could have had data stolen in big health care hack | 05/01/2024 |
8 | Earnings call Novo Nordisk reports a 24 percent increase in sales | 05/02/2024 |
About UnitedHealth Group 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 UnitedHealth or other stocks. Alpha measures the amount that position in UnitedHealth Group 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.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0112 | 0.0121 | 0.0145 | Price To Sales Ratio | 1.66 | 1.54 | 1.17 |
UnitedHealth Group Upcoming Company Events
As portrayed in its financial statements, the presentation of UnitedHealth Group's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, UnitedHealth Group's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of UnitedHealth Group's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of UnitedHealth Group. Please utilize our Beneish M Score to check the likelihood of UnitedHealth Group's management manipulating its earnings.
| 12th of April 2024 Upcoming Quarterly Report | View | |
| 12th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 10th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with UnitedHealth Group
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 UnitedHealth Group Backtesting, UnitedHealth Group Valuation, UnitedHealth Group Correlation, UnitedHealth Group Hype Analysis, UnitedHealth Group Volatility, UnitedHealth Group History and analyze UnitedHealth Group Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for UnitedHealth Stock analysis
When running UnitedHealth Group's price analysis, check to measure UnitedHealth Group'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 UnitedHealth Group is operating at the current time. Most of UnitedHealth Group's value examination focuses on studying past and present price action to predict the probability of UnitedHealth Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UnitedHealth Group's price. Additionally, you may evaluate how the addition of UnitedHealth Group to your portfolios can decrease your overall portfolio volatility.
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UnitedHealth Group 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.