Healthstream Stock Market Value

HSTM -  USA Stock  

USD 27.81  0.36  1.28%

Healthstream's market value is the price at which a share of Healthstream stock trades on a public exchange. It measures the collective expectations of Healthstream investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Healthstream and determine expected loss or profit from investing in Healthstream over a given investment horizon. Please check Healthstream Hype Analysis, Healthstream Correlation, Healthstream Valuation, Healthstream Volatility, as well as analyze Healthstream Alpha and Beta and Healthstream Performance.
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The market value of Healthstream is measured differently than its book value, which is the value of Healthstream that is recorded on the company's balance sheet. Investors also form their own opinion of Healthstream's value that differs from its market value or its book value, called intrinsic value, which is Healthstream'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 Healthstream's market value can be influenced by many factors that don't directly affect Healthstream underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Healthstream's value and its price as these two are different measures arrived at by different means. Investors typically determine Healthstream value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthstream'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.

Healthstream '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 Healthstream's 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 Healthstream.
0.00
09/18/2021
No Change 0.00  0.0 
In 30 days
10/18/2021
0.00
If you would invest  0.00  in Healthstream on September 18, 2021 and sell it all today you would earn a total of 0.00 from holding Healthstream or generate 0.0% return on investment in Healthstream over 30 days. Healthstream is related to or competes with Covetrus, Caremax, and Cerner Corp. HealthStream, Inc. provides workforce and provider solutions for healthcare organizations in the United States

Healthstream 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 Healthstream's 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 Healthstream upside and downside potential and time the market with a certain degree of confidence.

Healthstream Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Healthstream's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Healthstream's standard deviation. In reality, there are many statistical measures that can use Healthstream historical prices to predict the future Healthstream's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Healthstream's 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 Healthstream in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
26.4827.8129.14
Details
Intrinsic
Valuation
LowReal ValueHigh
25.9327.2628.59
Details
5 Analysts
Consensus
LowTarget PriceHigh
24.0026.0028.00
Details
Earnings
Estimates (4)
LowProjected EPSHigh
0.110.130.16
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Healthstream. Your research has to be compared to or analyzed against Healthstream's peers to derive any actionable benefits. When done correctly, Healthstream's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Healthstream.

Healthstream Backtested Returns

Healthstream holds Efficiency (Sharpe) Ratio of -0.0246, which attests that the entity had -0.0246% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in determining 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. Healthstream exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Healthstream market risk adjusted performance of (0.06), and Risk Adjusted Performance of (0.009682) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 0.5087, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Healthstream's beta means in this case. As returns on the market increase, Healthstream returns are expected to increase less than the market. However, during the bear market, the loss on holding Healthstream will be expected to be smaller as well. Even though it is essential to pay attention to Healthstream current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy in determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Healthstream exposes twenty-one different technical indicators, which can help you to evaluate its performance. Healthstream has an expected return of -0.0328%. Please be advised to check out Healthstream coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Healthstream performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.16)   

Insignificant reverse predictability

Healthstream has insignificant reverse predictability. Overlapping area represents the amount of predictability between Healthstream time series from 18th of September 2021 to 3rd of October 2021 and 3rd of October 2021 to 18th of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Healthstream price movement. The serial correlation of -0.16 indicates that over 16.0% of current Healthstream price fluctuation can be explain by its past prices. Given that Healthstream has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Healthstream for similar time interval.
Correlation Coefficient-0.16
Spearman Rank Test0.45
Residual Average0.0
Price Variance0.09

Healthstream lagged returns against current returns

Autocorrelation, which is Healthstream 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 Healthstream's stock expected returns. We can calculate the autocorrelation of Healthstream returns to help us make a trade decision. For example, suppose you find that Healthstream 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 
Share
      Timeline 

Healthstream 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 Healthstream stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Healthstream stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Healthstream stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Healthstream Lagged Returns

When evaluating Healthstream's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Healthstream stock have on its future price. Healthstream 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, Healthstream autocorrelation shows the relationship between Healthstream stock current value and its past values and can show if there is a momentum factor associated with investing in Healthstream.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Healthstream without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Healthstream Hype Analysis, Healthstream Correlation, Healthstream Valuation, Healthstream Volatility, as well as analyze Healthstream Alpha and Beta and Healthstream Performance. Note that the Healthstream information on this page should be used as a complementary analysis to other Healthstream's 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Healthstream Stock analysis

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