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.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
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
Revenue Per Share
Quarterly Revenue Growth
Return On Assets
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.
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 IndicatorsToday, 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.
Amedisys Backtested Returns
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.
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.
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.
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 AmedisysOne 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. 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.
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Find global opportunities by holding instruments from different markets
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
|Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
View history of all your transactions and understand their impact on performance
|Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
|Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
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.