Ehealth Stock Technical Analysis
| EHTH Stock | USD 4.52 0.03 0.66% |
As of the 25th of April, EHealth shows the Coefficient Of Variation of (1,800), standard deviation of 4.82, and Risk Adjusted Performance of (0.03). eHealth technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for eHealth, which can be compared to its peers. Please confirm eHealth mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if eHealth is priced more or less accurately, providing market reflects its regular price of 4.52 per share. Given that EHealth has information ratio of (0.08), we urge you to verify eHealth's prevailing market performance to make sure the company can sustain itself next year.
EHealth Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EHealth, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EHealthEHealth |
EHealth Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 11.33 | Hold | 4 | Odds |
Most EHealth analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand EHealth stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of eHealth, talking to its executives and customers, or listening to EHealth conference calls.
EHealth 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.
eHealth Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of eHealth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
eHealth Trend Analysis
Use this graph to draw trend lines for eHealth. You can use it to identify possible trend reversals for EHealth as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual EHealth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.EHealth Best Fit Change Line
The following chart estimates an ordinary least squares regression model for eHealth applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that eHealth market price will keep on failing further. It has 122 observation points and a regression sum of squares at 76.17, which is the sum of squared deviations for the predicted EHealth price change compared to its average price change.About EHealth Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of eHealth on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of eHealth based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on eHealth price pattern first instead of the macroeconomic environment surrounding eHealth. By analyzing EHealth's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of EHealth's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to EHealth specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.31 | 0.0145 | 0.013 | 0.0124 | Price To Sales Ratio | 1.27 | 0.33 | 0.54 | 0.51 |
EHealth April 25, 2024 Technical Indicators
Most technical analysis of EHealth 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 EHealth from various momentum indicators to cycle indicators. When you analyze EHealth charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (1.13) | |||
| Mean Deviation | 3.4 | |||
| Coefficient Of Variation | (1,800) | |||
| Standard Deviation | 4.82 | |||
| Variance | 23.27 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | (1.14) | |||
| Maximum Drawdown | 32.29 | |||
| Value At Risk | (7.94) | |||
| Potential Upside | 6.62 | |||
| Skewness | 1.03 | |||
| Kurtosis | 4.76 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for EHealth Stock analysis
When running EHealth's price analysis, check to measure EHealth'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 EHealth is operating at the current time. Most of EHealth's value examination focuses on studying past and present price action to predict the probability of EHealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EHealth's price. Additionally, you may evaluate how the addition of EHealth to your portfolios can decrease your overall portfolio volatility.
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Is EHealth'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 EHealth. If investors know EHealth 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 EHealth 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 2.108 | Earnings Share (2.37) | Revenue Per Share 16.165 | Quarterly Revenue Growth 0.262 | Return On Assets (0.02) |
The market value of eHealth is measured differently than its book value, which is the value of EHealth that is recorded on the company's balance sheet. Investors also form their own opinion of EHealth's value that differs from its market value or its book value, called intrinsic value, which is EHealth'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 EHealth's market value can be influenced by many factors that don't directly affect EHealth'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 EHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if EHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EHealth'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.