Adapthealth Corp Stock Forecast - Information Ratio
| AHCO Stock | USD 9.43 0.18 1.87% |
Adapthealth Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Adapthealth Corp stock prices and determine the direction of Adapthealth Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Adapthealth Corp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Adapthealth Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Adapthealth Corp's systematic risk associated with finding meaningful patterns of Adapthealth Corp fundamentals over time.
Check out Historical Fundamental Analysis of Adapthealth Corp to cross-verify your projections. Adapthealth |
Open Interest Against 2024-04-19 Adapthealth Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Adapthealth Corp'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 Adapthealth Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Adapthealth Corp 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 Adapthealth Corp's open interest, investors have to compare it to Adapthealth Corp'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 Adapthealth Corp 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 Adapthealth. 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 Adapthealth Corp 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 Adapthealth Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Adapthealth Corp's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Adapthealth Corp Volatility | Backtest Adapthealth Corp | Information Ratio |
Adapthealth Corp Trading Date Momentum
| On April 18 2024 Adapthealth Corp was traded for 9.43 at the closing time. The top price for the day was 9.87 and the lowest listed price was 9.09 . There was no trading activity during the period 0.0. Lack of trading volume on April 18, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.12% . |
| Compare Adapthealth Corp to competition |
Other Forecasting Options for Adapthealth Corp
For every potential investor in Adapthealth, whether a beginner or expert, Adapthealth Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Adapthealth Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Adapthealth. Basic forecasting techniques help filter out the noise by identifying Adapthealth Corp's price trends.Adapthealth Corp 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 Adapthealth Corp stock to make a market-neutral strategy. Peer analysis of Adapthealth Corp could also be used in its relative valuation, which is a method of valuing Adapthealth Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Adapthealth 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 Adapthealth Corp'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 Adapthealth Corp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Adapthealth Corp Market Strength Events
Market strength indicators help investors to evaluate how Adapthealth Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adapthealth Corp shares will generate the highest return on investment. By undertsting and applying Adapthealth Corp stock market strength indicators, traders can identify Adapthealth Corp entry and exit signals to maximize returns.
Adapthealth Corp Risk Indicators
The analysis of Adapthealth Corp'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 Adapthealth Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting adapthealth 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 | 2.69 | |||
| Semi Deviation | 2.54 | |||
| Standard Deviation | 4.72 | |||
| Variance | 22.25 | |||
| Downside Variance | 8.2 | |||
| Semi Variance | 6.46 | |||
| Expected Short fall | (3.23) |
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.
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 Adapthealth Corp 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, Adapthealth Corp's short interest history, or implied volatility extrapolated from Adapthealth Corp options trading.
Pair Trading with Adapthealth Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adapthealth Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adapthealth Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Adapthealth Stock
| 0.87 | ELMD | Electromed | PairCorr |
| 0.87 | ALC | Alcon AG Financial Report 14th of May 2024 | PairCorr |
| 0.81 | BAX | Baxter International Sell-off Trend | PairCorr |
Moving against Adapthealth Stock
| 0.89 | IVP | Inspire Veterinary | PairCorr |
| 0.87 | TFX | Teleflex Incorporated Financial Report 2nd of May 2024 | PairCorr |
| 0.8 | MMSI | Merit Medical Systems Financial Report 24th of April 2024 | PairCorr |
| 0.79 | NVST | Envista Holdings Corp Financial Report 1st of May 2024 | PairCorr |
| 0.77 | EMBC | Embecta Corp Financial Report 10th of May 2024 | PairCorr |
The ability to find closely correlated positions to Adapthealth Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adapthealth Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adapthealth Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adapthealth Corp to buy it.
The correlation of Adapthealth Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adapthealth Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adapthealth Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adapthealth Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Adapthealth Corp to cross-verify your projections. To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.Note that the Adapthealth Corp information on this page should be used as a complementary analysis to other Adapthealth Corp'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Adapthealth Stock analysis
When running Adapthealth Corp's price analysis, check to measure Adapthealth Corp'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 Adapthealth Corp is operating at the current time. Most of Adapthealth Corp's value examination focuses on studying past and present price action to predict the probability of Adapthealth Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adapthealth Corp's price. Additionally, you may evaluate how the addition of Adapthealth Corp to your portfolios can decrease your overall portfolio volatility.
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Is Adapthealth Corp'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 Adapthealth Corp. If investors know Adapthealth 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 Adapthealth Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.31) | Revenue Per Share 23.854 | Quarterly Revenue Growth 0.1 | Return On Assets 0.0335 | Return On Equity (0.37) |
The market value of Adapthealth Corp is measured differently than its book value, which is the value of Adapthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Adapthealth Corp's value that differs from its market value or its book value, called intrinsic value, which is Adapthealth Corp'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 Adapthealth Corp's market value can be influenced by many factors that don't directly affect Adapthealth Corp'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 Adapthealth Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adapthealth Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adapthealth Corp'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.