Hca Holdings Etf Statistic Functions Beta

HCA Etf  USD 319.02  0.41  0.13%   
HCA Holdings statistic functions tool provides the execution environment for running the Beta function and other technical functions against HCA Holdings. HCA Holdings value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. HCA Holdings statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on HCA Holdings correlated with the market. If Beta is less than 0 HCA Holdings generally moves in the opposite direction as compared to the market. If HCA Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one HCA Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of HCA Holdings is generally in the same direction as the market. If Beta > 1 HCA Holdings moves generally in the same direction as, but more than the movement of the benchmark.

HCA Holdings Technical Analysis Modules

Most technical analysis of HCA Holdings 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 other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About HCA Holdings Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HCA Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of HCA Holdings based on widely used predictive technical indicators. In general, we focus on analyzing HCA Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HCA Holdings's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of HCA Holdings's intrinsic value. In addition to deriving basic predictive indicators for HCA Holdings, we also check how macroeconomic factors affect HCA Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HCA Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
317.98319.41320.84
Details
Intrinsic
Valuation
LowRealHigh
303.45304.88351.37
Details
Naive
Forecast
LowNextHigh
313.59315.02316.45
Details
24 Analysts
Consensus
LowTargetHigh
287.15315.55350.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HCA Holdings. Your research has to be compared to or analyzed against HCA Holdings' peers to derive any actionable benefits. When done correctly, HCA Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in HCA Holdings.

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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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.