Encompass Health Stock Forecast - Period Momentum Indicator
| EHC Stock | USD 86.39 0.78 0.91% |
Encompass Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Encompass Health stock prices and determine the direction of Encompass Health Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Encompass Health's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Encompass Health's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Encompass Health's systematic risk associated with finding meaningful patterns of Encompass Health fundamentals over time.
Check out Historical Fundamental Analysis of Encompass Health to cross-verify your projections. Encompass |
Open Interest Against 2024-06-21 Encompass Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Encompass Health's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Encompass Health's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Encompass Health stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Encompass Health's open interest, investors have to compare it to Encompass Health's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Encompass Health is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Encompass. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Encompass Health cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Encompass Health's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Encompass Health's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Check Encompass Health Volatility | Backtest Encompass Health | Information Ratio |
Encompass Health Trading Date Momentum
| On June 02 2024 Encompass Health Corp was traded for 86.39 at the closing time. Highest Encompass Health's price during the trading hours was 86.40 and the lowest price during the day was 84.93 . There was no trading activity during the period 0.0. Lack of trading volume on the 2nd of June did not affect price variability. The overall trading delta to current price is 0.86% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Encompass Health to competition |
Other Forecasting Options for Encompass Health
For every potential investor in Encompass, whether a beginner or expert, Encompass Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Encompass Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Encompass. Basic forecasting techniques help filter out the noise by identifying Encompass Health's price trends.Encompass Health Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Encompass Health stock to make a market-neutral strategy. Peer analysis of Encompass Health could also be used in its relative valuation, which is a method of valuing Encompass Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Encompass Health Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Encompass Health's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Encompass Health's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Encompass Health Market Strength Events
Market strength indicators help investors to evaluate how Encompass Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Encompass Health shares will generate the highest return on investment. By undertsting and applying Encompass Health stock market strength indicators, traders can identify Encompass Health Corp entry and exit signals to maximize returns.
Encompass Health Risk Indicators
The analysis of Encompass Health's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Encompass Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting encompass stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.0 | |||
| Semi Deviation | 0.7016 | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.8 | |||
| Downside Variance | 0.8202 | |||
| Semi Variance | 0.4922 | |||
| Expected Short fall | (1.25) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Encompass Health Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Encompass Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Encompass Health Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Encompass Health Corp Stock:Check out Historical Fundamental Analysis of Encompass Health to cross-verify your projections. Note that the Encompass Health Corp information on this page should be used as a complementary analysis to other Encompass Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Encompass Stock analysis
When running Encompass Health's price analysis, check to measure Encompass 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 Encompass Health is operating at the current time. Most of Encompass Health's value examination focuses on studying past and present price action to predict the probability of Encompass 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 Encompass Health's price. Additionally, you may evaluate how the addition of Encompass Health to your portfolios can decrease your overall portfolio volatility.
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Is Encompass 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 Encompass Health. If investors know Encompass 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 Encompass 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 0.266 | Dividend Share 0.6 | Earnings Share 3.82 | Revenue Per Share 49.767 | Quarterly Revenue Growth 0.134 |
The market value of Encompass Health Corp is measured differently than its book value, which is the value of Encompass that is recorded on the company's balance sheet. Investors also form their own opinion of Encompass Health's value that differs from its market value or its book value, called intrinsic value, which is Encompass 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 Encompass Health's market value can be influenced by many factors that don't directly affect Encompass 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 Encompass Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encompass Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encompass 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.