Healthequity Stock Price on June 6, 2022
| HQY Stock | USD 79.85 0.02 0.03% |
Below is the normalized historical share price chart for HealthEquity extending back to July 31, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of HealthEquity stands at 79.85, as last reported on the 18th of April 2024, with the highest price reaching 81.70 and the lowest price hitting 79.80 during the day.
If you're considering investing in HealthEquity Stock, it is important to understand the factors that can impact its price. We consider HealthEquity very steady. HealthEquity holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for HealthEquity, which you can use to evaluate the volatility of the firm. Please check out HealthEquity's risk adjusted performance of 0.0766, and Market Risk Adjusted Performance of 0.4446 to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
At this time, HealthEquity's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to rise to about 1.9 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 68.4 M in 2024. . At this time, HealthEquity's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 5.76 in 2024, whereas Price Earnings Ratio is likely to drop 72.27 in 2024. HealthEquity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of July 2014 | 200 Day MA 72.0601 | 50 Day MA 80.7869 | Beta 0.549 |
HealthEquity |
Sharpe Ratio = 0.1274
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average HealthEquity is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of HealthEquity by adding it to a well-diversified portfolio.
Price Book 3.3813 | Enterprise Value Ebitda 26.1316 | Price Sales 6.8826 | Shares Float 84.5 M | Wall Street Target Price 99.23 |
HealthEquity Valuation on June 6, 2022
It is possible to determine the worth of HealthEquity on a given historical date. On June 6, 2022 HealthEquity was worth 64.67 at the beginning of the trading date compared to the closed value of 62.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HealthEquity stock. Still, in general, we apply an absolute valuation method to find HealthEquity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of HealthEquity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HealthEquity's related companies.
| Open | High | Low | Close | Volume | |
| 63.65 | 64.53 | 62.89 | 64.06 | 662,100 | |
06/06/2022 | 64.67 | 64.78 | 61.59 | 62.45 | 879,800 |
| 64.04 | 66.13 | 63.17 | 65.36 | 1,242,700 |
| Backtest HealthEquity | | | HealthEquity History | | | HealthEquity Valuation | Previous | Next |
HealthEquity Trading Date Momentum on June 6, 2022
| On June 07 2022 HealthEquity was traded for 65.36 at the closing time. Highest HealthEquity's price during the trading hours was 66.13 and the lowest price during the day was 63.17 . The net volume was 1.2 M. The overall trading history on the 7th of June contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 4.66% . The trading delta at closing time to current price is 7.01% . |
HealthEquity Fundamentals Correlations and Trends
By evaluating HealthEquity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HealthEquity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HealthEquity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HealthEquity Stock history
HealthEquity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for HealthEquity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HealthEquity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing HealthEquity stock prices may prove useful in developing a viable investing in HealthEquity
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 87 M | 68.4 M | |
| Net Loss | -23.5 M | -22.4 M |
HealthEquity Quarterly Net Working Capital |
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HealthEquity Stock Technical Analysis
HealthEquity technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
HealthEquity Period Price Range
Low | June 6, 2022
| High |
64.67 | 62.45 |
HealthEquity April 18, 2024 Market Strength
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
| Accumulation Distribution | 43324.51 | |||
| Daily Balance Of Power | (0.70) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 63.19 | |||
| Day Typical Price | 62.94 | |||
| Price Action Indicator | (1.84) | |||
| Period Momentum Indicator | 17.4 | |||
| Relative Strength Index | 78.03 |
HealthEquity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HealthEquity's price direction in advance. Along with the technical and fundamental analysis of HealthEquity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HealthEquity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0766 | |||
| Jensen Alpha | 0.1333 | |||
| Total Risk Alpha | 0.0472 | |||
| Sortino Ratio | 0.0766 | |||
| Treynor Ratio | 0.4346 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HealthEquity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.
Quarterly Earnings Growth (0.96) | Earnings Share 0.64 | Revenue Per Share 11.682 | Quarterly Revenue Growth 0.122 | Return On Assets 0.0256 |
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.