Health Stock Probability of Future Stock Price Finishing Under 9.85

HAAC
 Stock
  

USD 9.88  0.01  0.10%   

Health Assurance's future price is the expected price of Health Assurance instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Health Assurance Acquisition performance during a given time horizon utilizing its historical volatility. The current year Price to Earnings Ratio is expected to grow to 12.40, whereas Price to Book Value is forecasted to decline to (13.61) .
  
Refresh
Health Assurance's implied volatility is one of the determining factors in the pricing options written on Health Assurance Acquisition. Implied volatility approximates the future value of Health Assurance based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Health Assurance Acquisition over a specific time period. For example, 2022-07-15 CALL at $7.5 is a CALL option contract on Health Assurance's common stock with a strick price of 7.5 expiring on 2022-07-15. The contract was last traded on 2022-05-17 at 09:56:04 for $2.35 and, as of today, has 12 days remaining before the expiration. The option is currently trading at a bid price of $2.35, and an ask price of $2.95. The implied volatility as of the 3rd of July is 157.1787. View All Health options

Closest to current price Health long CALL Option Payoff at Expiration

Please check Health Assurance Backtesting, Health Assurance Valuation, Health Assurance Correlation, Health Assurance Hype Analysis, Health Assurance Volatility, Health Assurance History as well as Health Assurance Performance. Please specify Health Assurance time horizon, a valid symbol (red box) and a target price (blue box) you would like Health Assurance odds to be computed.
Apply Odds

Health Assurance Target Price Odds to finish below 9.85

The tendency of Health Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 9.85  or more in 90 days
 9.88 90 days 9.85  about 20.19
Based on a normal probability distribution, the odds of Health Assurance to drop to $ 9.85  or more in 90 days from now is about 20.19 (This Health Assurance Acquisition probability density function shows the probability of Health Stock to fall within a particular range of prices over 90 days) . Probability of Health Assurance Acq price to stay between $ 9.85  and its current price of $9.88 at the end of the 90-day period is about 65.91 .
Given the investment horizon of 90 days Health Assurance has a beta of 0.0083. This usually indicates as returns on the market go up, Health Assurance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Health Assurance Acquisition will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Health Assurance Acq is significantly underperforming DOW.
 Health Assurance Price Density 
      Price 

Predictive Modules for Health Assurance

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Health Assurance Acq. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Health Assurance'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 Health Assurance in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.659.8811.11
Details
Intrinsic
Valuation
LowReal ValueHigh
9.8511.0812.31
Details
Naive
Forecast
LowNext ValueHigh
8.9510.1811.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.879.889.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Health Assurance. Your research has to be compared to or analyzed against Health Assurance's peers to derive any actionable benefits. When done correctly, Health Assurance'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 Health Assurance Acq.

Health Assurance Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Health Assurance is not an exception. The market had few large corrections towards the Health Assurance's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Health Assurance Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Health Assurance within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.0022
β
Beta against DOW0.0083
σ
Overall volatility
0.014856
Ir
Information ratio 1.76

Health Assurance Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Health Assurance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Health Assurance Acq can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Health Assurance Acq has high likelihood to experience some financial distress in the next 2 years
As of July 3, 2022, Debt to Equity Ratio is expected to decline to -1.13. In addition to that, Average Equity is expected to decline to about (19.1 M)The company has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Health Assurance until it has trouble settling it off, either with new capital or with free cash flow. So, Health Assurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Health Assurance Acq sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Health to invest in growth at high rates of return. When we think about Health Assurance's use of debt, we should always consider it together with cash and equity.
Health Assurance Acquisition currently holds about 1.08 M in cash with (3.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Health Assurance Acq has a frail financial position based on the latest SEC disclosures
Over 81.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Chubb Completes Acquisition of Cignas Personal Accident, Supplemental Health and Life Insurance Business in Asia-Pacific - Yahoo Finance

Health Assurance Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Health Stock often depends not only on the future outlook of the current and potential Health Assurance's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Health Assurance's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out0.52%
Short Percent Of Float0.54%
Float Shares45.13M
Shares Short Prior Month300.79k
Average Daily Volume Last 10 Day46k
Average Daily Volume In Three Month194.11k
Date Short Interest29th of April 2022

Health Assurance Technical Analysis

Health Assurance's future price can be derived by breaking down and analyzing its technical indicators over time. Health Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Health Assurance Acquisition. In general, you should focus on analyzing Health Stock price patterns and their correlations with different microeconomic environments and drivers.

Health Assurance Predictive Forecast Models

Health Assurance time-series forecasting models is one of many Health Assurance's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Health Assurance's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Health Assurance Acq

Checking the ongoing alerts about Health Assurance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Health Assurance Acq help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Health Assurance Alerts

Health Assurance Alerts and Suggestions

Health Assurance Acq has high likelihood to experience some financial distress in the next 2 years
As of July 3, 2022, Debt to Equity Ratio is expected to decline to -1.13. In addition to that, Average Equity is expected to decline to about (19.1 M)The company has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Health Assurance until it has trouble settling it off, either with new capital or with free cash flow. So, Health Assurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Health Assurance Acq sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Health to invest in growth at high rates of return. When we think about Health Assurance's use of debt, we should always consider it together with cash and equity.
Health Assurance Acquisition currently holds about 1.08 M in cash with (3.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Health Assurance Acq has a frail financial position based on the latest SEC disclosures
Over 81.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Chubb Completes Acquisition of Cignas Personal Accident, Supplemental Health and Life Insurance Business in Asia-Pacific - Yahoo Finance
Please check Health Assurance Backtesting, Health Assurance Valuation, Health Assurance Correlation, Health Assurance Hype Analysis, Health Assurance Volatility, Health Assurance History as well as Health Assurance Performance. Note that the Health Assurance Acq information on this page should be used as a complementary analysis to other Health Assurance'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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for Health Stock analysis

When running Health Assurance Acq price analysis, check to measure Health Assurance'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 Health Assurance is operating at the current time. Most of Health Assurance's value examination focuses on studying past and present price action to predict the probability of Health Assurance's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Health Assurance's price. Additionally, you may evaluate how the addition of Health Assurance to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Is Health Assurance'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 Health Assurance. If investors know Health 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 Health Assurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
545.7 M
Return On Assets
-0.0077
The market value of Health Assurance Acq is measured differently than its book value, which is the value of Health that is recorded on the company's balance sheet. Investors also form their own opinion of Health Assurance's value that differs from its market value or its book value, called intrinsic value, which is Health Assurance'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 Health Assurance's market value can be influenced by many factors that don't directly affect Health Assurance'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 Health Assurance's value and its price as these two are different measures arrived at by different means. Investors typically determine Health Assurance value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Health Assurance'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.