Phreesia Story

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PHR -- USA Stock  

USD 52.20  0.68  1.29%

Let's try to sum up what's happening with Phreesia amid unprecedented political, and economic uncertainty. On the 30th of March the company is traded for 52.16. Phreesia stock is not elastic to its hype. The average elasticity to hype of competition is -0.03. The entity is forecasted to increase in value after the next headline, with the price going to jump to 51.2. The latest volatility of media hype impact on Phreesia stock price is is way over 100 percent making price predictions on social media along less reliable. The price gain on the next news is projected to be 0.02%, whereas the daily expected return is at this time at -0.02%. The volatility of related hype on Phreesia is about 236.86% with expected price after next announcement by competition of 52.13 Considering the 30-day investment horizon the next forecasted press release will be in about 5 days.
Published over a week ago
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Chances of Phreesia (NYSE:PHR) to fall in April.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Phreesia has an asset utilization ratio of 219.05 percent. This connotes that the company is making $2.19 for each dollar of assets. An increasing asset utilization means that Phreesia is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of Phreesia stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Phreesia, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Phreesia based on Phreesia hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Phreesia's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Phreesia's related companies.

Use Technical Analysis to project Phreesia expected Price

Phreesia 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.
A focus of Phreesia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Phreesia 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...

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Phreesia, but it might be worth checking our own buy vs. sell analysis

What is the case for Phreesia Investors

This firm reported the last year's revenue of 139.68 M. Reported Net Loss for the year was (22.86 M) with profit before taxes, overhead, and interest of 80.06 M.

Are Phreesia technical ratios showing a correction?

Latest Information Ratio is up to -0.08. Price may fall again. Phreesia exhibits very low volatility with skewness of 0.13 and kurtosis of 0.06. However, we advise investors to further study Phreesia technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Phreesia's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Phreesia's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Bottom Line On Phreesia

While some firms within the health information services industry are still a little expensive, even after the recent corrections, Phreesia may offer a potential longer-term growth to retail investors. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither buy new shares of Phreesia nor drop your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Phreesia.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Phreesia. Please refer to our Terms of Use for any information regarding our disclosure principles.

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