Health Stock Buy Hold or Sell Recommendation

HAACW -  USA Stock  

USD 0.23  0.01  4.17%

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Health Assurance Acquisition is 'Strong Sell'. 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 HAACW 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
Strong Sell

Volatility

Out of controlDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Moves slightly opposite to the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Health Assurance Acquisition has a Mean Deviation of 3.99, Standard Deviation of 6.09 and Variance of 37.11
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.

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 historical volatility and very poor performance
Health Assurance Acq has some characteristics of a very speculative penny stock
Latest headline from www.bakersfield.com: Greenbrook TMS To Acquire Success TMS News bakersfield.com - The Bakersfield Californian

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-0.95Value At Risk-13.79
Potential Upside10.00Standard Deviation6.09
 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 Health Assurance Acquisition 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
-1.02
β
Beta against DOW-0.59
σ
Overall volatility
6.24
Ir
Information ratio -0.14

Health Assurance Volatility Alert

Health Assurance Acquisition is displaying above-average volatility over the selected time horizon. Investors should scrutinize Health Assurance Acquisition independently to ensure intended market timing strategies are aligned with expectations about Health Assurance volatility. Health Assurance Acquisition is a potential penny stock. Although Health Assurance may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Health Assurance Acquisition. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Health instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

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 Distribution1144.0
Daily Balance Of Power(0.50)
Rate Of Daily Change0.96
Day Median Price0.24
Day Typical Price0.24
Market Facilitation Index0.0
Price Action Indicator(0.015)

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.

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Macroaxis Picks Theme
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 48 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 Macroaxis Picks 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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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.