Hca Holdings Etf Technical Analysis
| HCA Etf | USD 319.02 0.00 0.00% |
As of the 25th of April, HCA Holdings owns the Coefficient Of Variation of 850.68, semi deviation of 1.26, and Market Risk Adjusted Performance of 0.1589. HCA Holdings technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the entity's future prices. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for HCA Holdings, which can be compared to its peers in the sector. Please check out HCA Holdings mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if HCA Holdings is priced fairly, providing market reflects its prevailing price of 319.02 per share.
HCA Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HCA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HCAHCA |
HCA Holdings Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 315.55 | Strong Buy | 24 | Odds |
Most HCA analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand HCA stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of HCA Holdings, talking to its executives and customers, or listening to HCA conference calls.
HCA Holdings technical etf 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, etf market cycles, or different charting patterns.
HCA Holdings Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of HCA Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
HCA Holdings Trend Analysis
Use this graph to draw trend lines for HCA Holdings. You can use it to identify possible trend reversals for HCA Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual HCA Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.HCA Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for HCA Holdings applied against its price change over selected period. The best fit line has a slop of 0.34 , which may imply that HCA Holdings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 4479.0, which is the sum of squared deviations for the predicted HCA Holdings price change compared to its average price change.About HCA Holdings Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of HCA Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of HCA Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on HCA Holdings price pattern first instead of the macroeconomic environment surrounding HCA Holdings. By analyzing HCA Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of HCA Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to HCA Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
HCA Holdings April 25, 2024 Technical Indicators
Most technical analysis of HCA help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for HCA from various momentum indicators to cycle indicators. When you analyze HCA charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.079 | |||
| Market Risk Adjusted Performance | 0.1589 | |||
| Mean Deviation | 1.02 | |||
| Semi Deviation | 1.26 | |||
| Downside Deviation | 1.45 | |||
| Coefficient Of Variation | 850.68 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.14 | |||
| Information Ratio | 0.0524 | |||
| Jensen Alpha | 0.0691 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0526 | |||
| Treynor Ratio | 0.1489 | |||
| Maximum Drawdown | 9.69 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 2.73 | |||
| Downside Variance | 2.11 | |||
| Semi Variance | 1.6 | |||
| Expected Short fall | (1.05) | |||
| Skewness | 0.2403 | |||
| Kurtosis | 2.58 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCA Holdings. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade HCA Etf refer to our How to Trade HCA Etf guide.Note that the HCA Holdings information on this page should be used as a complementary analysis to other HCA Holdings' 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of HCA Holdings is measured differently than its book value, which is the value of HCA that is recorded on the company's balance sheet. Investors also form their own opinion of HCA Holdings' value that differs from its market value or its book value, called intrinsic value, which is HCA Holdings' 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 HCA Holdings' market value can be influenced by many factors that don't directly affect HCA Holdings' 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 HCA Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if HCA Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCA Holdings' 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.