Hca Holdings Etf Alpha and Beta Analysis

HCA Etf  USD 331.69  3.98  1.21%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as HCA Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in HCA Holdings over a specified time horizon. Remember, high HCA Holdings' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to HCA Holdings' market risk premium analysis include:
Beta
0.94
Alpha
0.2
Risk
1.27
Sharpe Ratio
0.27
Expected Return
0.34
Please note that although HCA Holdings alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, HCA Holdings did 0.20  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of HCA Holdings etf's relative risk over its benchmark. HCA Holdings has a beta of 0.94  . HCA Holdings returns are very sensitive to returns on the market. As the market goes up or down, HCA Holdings is expected to follow. .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out HCA Holdings Backtesting, Portfolio Optimization, HCA Holdings Correlation, HCA Holdings Hype Analysis, HCA Holdings Volatility, HCA Holdings History and analyze HCA Holdings Performance.
For information on how to trade HCA Etf refer to our How to Trade HCA Etf guide.

HCA Holdings Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. HCA Holdings market risk premium is the additional return an investor will receive from holding HCA Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in HCA Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate HCA Holdings' performance over market.
α0.20   β0.94

HCA Holdings expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of HCA Holdings' Buy-and-hold return. Our buy-and-hold chart shows how HCA Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

HCA Holdings Market Price Analysis

Market price analysis indicators help investors to evaluate how HCA Holdings etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HCA Holdings shares will generate the highest return on investment. By understating and applying HCA Holdings etf market price indicators, traders can identify HCA Holdings position entry and exit signals to maximize returns.

HCA Holdings Return and Market Media

The median price of HCA Holdings for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 is 307.03 with a coefficient of variation of 6.66. The daily time series for the period is distributed with a sample standard deviation of 20.07, arithmetic mean of 301.45, and mean deviation of 17.71. The Etf received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
HCA announces proposed public offering of senior notes
02/20/2024
2
Exercise or conversion by Alan Yuspeh of 5500 shares of HCA Holdings subject to Rule 16b-3
02/26/2024
3
Heres The Big Short Michael Burrys largest stock holding
02/27/2024
4
Heres Why HCA Healthcare is a Strong Growth Stock
03/06/2024
5
The Zacks Rank Explained How to Find Strong Buy Medical Stocks
03/12/2024
6
If You Invested 1000 In This Stock 10 Years Ago, You Would Have 6,700 Today
03/13/2024
7
Meet the innovator in HCA CEO Sam Hazens ear
03/15/2024
8
Ascension Saint Thomas, Vanderbilt University Medical Center oppose proposed certificate of need reform
03/18/2024
9
Disposition of 876 shares by Chad Wasserman of HCA Holdings at 330.25 subject to Rule 16b-3
03/20/2024
10
Should Value Investors Buy HCA Healthcare Stock
03/21/2024
11
20 Lowest Paying Countries for Doctors
03/22/2024
12
HCA Healthcare Exceeds Market Returns Some Facts to Consider
03/27/2024

About HCA Holdings Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including HCA or other etfs. Alpha measures the amount that position in HCA Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

HCA Holdings Upcoming Company Events

As portrayed in its financial statements, the presentation of HCA Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, HCA Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of HCA Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of HCA Holdings. Please utilize our Beneish M Score to check the likelihood of HCA Holdings' management manipulating its earnings.
30th of January 2024
Upcoming Quarterly Report
View
19th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

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Check out HCA Holdings Backtesting, Portfolio Optimization, HCA Holdings Correlation, HCA Holdings Hype Analysis, HCA Holdings Volatility, HCA Holdings History and analyze HCA Holdings Performance.
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running HCA Holdings' price analysis, check to measure HCA Holdings' 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 HCA Holdings is operating at the current time. Most of HCA Holdings' value examination focuses on studying past and present price action to predict the probability of HCA Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HCA Holdings' price. Additionally, you may evaluate how the addition of HCA Holdings to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of HCA Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HCA Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...