Health Stock Buy Hold or Sell Recommendation

HAACU -  USA Stock  

USD 9.88  0.02  0.20%

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Health Assurance Acquisition is 'Buy'. Macroaxis provides Health Assurance buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HAACU positions. The advice algorithm takes into account all of Health Assurance's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Health Assurance's buy-and-hold perspective. Please check Health Assurance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Health and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Health Assurance Acquisition.

Execute Health Assurance Buy or Sell Advice

The Health recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Health Assurance Acquisition. Macroaxis does not own or have any residual interests in Health Assurance Acquisition or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Health Assurance's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Health AssuranceBuy Health Assurance
Buy

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds of Distress

HighDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Health Assurance Acquisition has a Risk Adjusted Performance of (0.13), Jensen Alpha of (0.017871), Total Risk Alpha of (0.004846) and Treynor Ratio of 4.73
We provide advice to complement the regular expert consensus on Health Assurance. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. Please utilize Health Assurance Acquisition return on asset and cash and equivalents to make buy, hold, or sell decision on Health Assurance. Given that Health Assurance Acq has a cash and equivalents of 1.08 M, we strongly advise you to confirm Health Assurance Acq market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Health Assurance Trading Alerts and Improvement Suggestions

Health Assurance Acq generated a negative expected return over the last 90 days
Health Assurance Acq has high likelihood to experience some financial distress in the next 2 years
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 in time and when they become 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 has accumulated 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.
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Health Assurance Returns Distribution Density

The distribution of Health Assurance's historical returns is an attempt to chart the future uncertainty of Health Assurance's future price movements. The chart of the probability distribution of Health Assurance stock daily returns describes the distribution of returns around its average expected value. We use Health Assurance Acquisition price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Health Assurance returns is essential to provide solid investment advice for Health Assurance stock.
Mean Return-0.0075Value At Risk-0.3
Potential Upside0.20Standard Deviation0.17
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Health Assurance historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Health Assurance Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Health Assurance or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Health Assurance stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Health stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.02
β
Beta against DOW-0.0037
σ
Overall volatility
0.17
Ir
Information ratio 0.48

Health Assurance Volatility Alert

Health Assurance Acquisition exhibits very low volatility with skewness of 0.79 and kurtosis of 3.4. However, we advise investors to further study Health Assurance Acquisition 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 Health Assurance'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 Health Assurance'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.

Health Assurance Implied Volatility

Health Assurance's implied volatility exposes the market's sentiment of Health Assurance Acquisition stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Health Assurance's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Health Assurance stock will not fluctuate a lot when Health Assurance's options are near their expiration.

Health Assurance Fundamentals Vs Peers

Comparing Health Assurance's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Health Assurance's direct or indirect competition across all of the common fundamentals between Health Assurance and the related equities. This way, we can detect undervalued stocks with similar characteristics as Health Assurance or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Health Assurance's fundamental indicators could also be used in its relative valuation, which is a method of valuing Health Assurance by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Health Assurance to competition
FundamentalsHealth AssurancePeer Average
Return On Asset(0.77) %(0.14) %
Current Valuation548.51 M16.62 B
Shares Owned by Institutions4.54 %39.21 %
Number of Shares Shorted124.71 M
Net Income46.61 M570.98 M
Cash and Equivalents1.08 M2.7 B
Cash per Share0.02 X5.01 X
Current Ratio0.61 X2.16 X
Book Value Per Share(0.88) X1.93 K
Cash Flow from Operations(3.53 M)971.22 M

Health Assurance Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Health . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution6.06
Daily Balance Of Power(1.00)
Rate Of Daily Change1.0
Day Median Price9.89
Day Typical Price9.89
Market Facilitation Index0.0
Price Action Indicator(0.02)

About Health Assurance Buy or Sell Advice

When is the right time to buy or sell Health Assurance Acquisition? Buying financial instruments such as Health Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Health Assurance investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Health Assurance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Printing and Publishing Thematic Idea Now

Printing and Publishing
Printing and Publishing Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Printing and Publishing theme has 44 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Printing and Publishing Theme or any other thematic opportunities.
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Please check Health Assurance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.
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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.
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.