HealthEquity Stock Forecast - Information Ratio
| HQY Stock | USD 80.23 0.38 0.48% |
HealthEquity Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast HealthEquity stock prices and determine the direction of HealthEquity's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of HealthEquity's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of HealthEquity to cross-verify your projections. HealthEquity |
Most investors in HealthEquity 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 HealthEquity's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets HealthEquity's price structures and extracts relationships that further increase the generated results' accuracy.
| Check HealthEquity Volatility | Backtest HealthEquity | Information Ratio |
HealthEquity Trading Date Momentum
| On April 16 2024 HealthEquity was traded for 80.23 at the closing time. Highest HealthEquity's price during the trading hours was 81.32 and the lowest price during the day was 79.88 . There was no trading activity during the period 0.0. Lack of trading volume on the 16th of April 2024 did not cause price change. The trading delta at closing time to current price is 0.44% . |
| Compare HealthEquity to competition |
Other Forecasting Options for HealthEquity
For every potential investor in HealthEquity, whether a beginner or expert, HealthEquity's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HealthEquity Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HealthEquity. Basic forecasting techniques help filter out the noise by identifying HealthEquity's price trends.HealthEquity 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 HealthEquity stock to make a market-neutral strategy. Peer analysis of HealthEquity could also be used in its relative valuation, which is a method of valuing HealthEquity by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HealthEquity 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 HealthEquity'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 HealthEquity's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
HealthEquity Market Strength Events
Market strength indicators help investors to evaluate how HealthEquity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HealthEquity shares will generate the highest return on investment. By undertsting and applying HealthEquity stock market strength indicators, traders can identify HealthEquity entry and exit signals to maximize returns.
HealthEquity Risk Indicators
The analysis of HealthEquity'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 HealthEquity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting healthequity 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 | 1.13 | |||
| Semi Deviation | 1.21 | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.08 | |||
| Downside Variance | 1.93 | |||
| Semi Variance | 1.47 | |||
| Expected Short fall | (1.29) |
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 HealthEquity 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, HealthEquity's short interest history, or implied volatility extrapolated from HealthEquity options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of HealthEquity to cross-verify your projections. For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for HealthEquity Stock analysis
When running HealthEquity's price analysis, check to measure HealthEquity'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 HealthEquity is operating at the current time. Most of HealthEquity's value examination focuses on studying past and present price action to predict the probability of HealthEquity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HealthEquity's price. Additionally, you may evaluate how the addition of HealthEquity to your portfolios can decrease your overall portfolio volatility.
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Is HealthEquity'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 HealthEquity. If investors know HealthEquity 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 HealthEquity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of HealthEquity is measured differently than its book value, which is the value of HealthEquity that is recorded on the company's balance sheet. Investors also form their own opinion of HealthEquity's value that differs from its market value or its book value, called intrinsic value, which is HealthEquity'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 HealthEquity's market value can be influenced by many factors that don't directly affect HealthEquity'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 HealthEquity's value and its price as these two are different measures arrived at by different means. Investors typically determine if HealthEquity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HealthEquity'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.