Amedisys Stock Market Value

AMED Stock  USD 93.61  0.08  0.09%   
Amedisys' market value is the price at which a share of Amedisys stock trades on a public exchange. It measures the collective expectations of Amedisys investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Amedisys and determine expected loss or profit from investing in Amedisys over a given investment horizon.
Check out Amedisys Correlation, Amedisys Volatility and Amedisys Alpha and Beta module to complement your research on Amedisys.
For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.
Symbol

Amedisys Valuation

Is Amedisys' 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 Amedisys. If investors know Amedisys 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 Amedisys 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
0.001
Earnings Share
0.08
Revenue Per Share
68.4
Quarterly Revenue Growth
(0)
Return On Assets
0.0604
The market value of Amedisys is measured differently than its book value, which is the value of Amedisys that is recorded on the company's balance sheet. Investors also form their own opinion of Amedisys' value that differs from its market value or its book value, called intrinsic value, which is Amedisys' 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 Amedisys' market value can be influenced by many factors that don't directly affect Amedisys' 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 Amedisys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amedisys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amedisys' 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.

Amedisys 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Amedisys' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Amedisys.
0.00
01/23/2024
No Change 0.00  0.0 
In 30 days
02/22/2024
0.00
If you would invest  0.00  in Amedisys on January 23, 2024 and sell it all today you would earn a total of 0.00 from holding Amedisys or generate 0.0% return on investment in Amedisys over 30 days. Amedisys is related to or competes with Mednax, Ensign, Aesthetic Medical, AMN Healthcare, and Concord Medical. Amedisys, Inc., together with its subsidiaries, provides healthcare services in the United States More

Amedisys Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Amedisys' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Amedisys upside and downside potential and time the market with a certain degree of confidence.

Amedisys Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Amedisys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amedisys' standard deviation. In reality, there are many statistical measures that can use Amedisys historical prices to predict the future Amedisys' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Amedisys' 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. Please use the tools below to analyze the current value of Amedisys in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
93.1793.6194.05
Details
Intrinsic
Valuation
LowRealHigh
93.6094.0494.48
Details
Naive
Forecast
LowNextHigh
92.4092.8493.29
Details
11 Analysts
Consensus
LowTargetHigh
87.4596.10106.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Amedisys. Your research has to be compared to or analyzed against Amedisys' peers to derive any actionable benefits. When done correctly, Amedisys' 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 Amedisys.

Amedisys Backtested Returns

Amedisys secures Sharpe Ratio (or Efficiency) of -0.0035, which signifies that the company had -0.0035% return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Amedisys exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm Amedisys' risk adjusted performance of (0), and Mean Deviation of 0.3322 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amedisys returns are expected to increase less than the market. However, during the bear market, the loss on holding Amedisys will be expected to be smaller as well. Even though it is essential to pay attention to Amedisys historical returns, it is always good to be careful when utilizing equity current trending patterns. Amedisys has an expected return of -0.0015%. Please make sure to confirm Amedisys treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside to decide if Amedisys performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.08  

Virtually no predictability

Amedisys has virtually no predictability. Overlapping area represents the amount of predictability between Amedisys time series from 23rd of January 2024 to 7th of February 2024 and 7th of February 2024 to 22nd of February 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amedisys price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Amedisys price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test0.03
Residual Average0.0
Price Variance0.06

Amedisys lagged returns against current returns

Autocorrelation, which is Amedisys stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Amedisys' stock expected returns. We can calculate the autocorrelation of Amedisys returns to help us make a trade decision. For example, suppose you find that Amedisys stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Amedisys regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Amedisys stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amedisys stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amedisys stock over time.
   Current vs Lagged Prices   
       Timeline  

Amedisys Lagged Returns

When evaluating Amedisys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amedisys stock have on its future price. Amedisys autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Amedisys autocorrelation shows the relationship between Amedisys stock current value and its past values and can show if there is a momentum factor associated with investing in Amedisys.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amedisys in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amedisys' short interest history, or implied volatility extrapolated from Amedisys options trading.

Pair Trading with Amedisys

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amedisys position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amedisys will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Amedisys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amedisys when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amedisys - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amedisys to buy it.
The correlation of Amedisys is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amedisys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amedisys moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amedisys can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Amedisys is a strong investment it is important to analyze Amedisys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amedisys' future performance. For an informed investment choice regarding Amedisys Stock, refer to the following important reports:
Check out Amedisys Correlation, Amedisys Volatility and Amedisys Alpha and Beta module to complement your research on Amedisys.
For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.
Note that the Amedisys information on this page should be used as a complementary analysis to other Amedisys' 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Amedisys Stock analysis

When running Amedisys' price analysis, check to measure Amedisys' 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 Amedisys is operating at the current time. Most of Amedisys' value examination focuses on studying past and present price action to predict the probability of Amedisys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amedisys' price. Additionally, you may evaluate how the addition of Amedisys to your portfolios can decrease your overall portfolio volatility.
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Amedisys 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 Amedisys technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Amedisys 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...