Healthequity Stock Forecast - Daily Balance Of Power

HQY
 Stock
  

USD 61.68  1.11  1.83%   

Healthequity Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Healthequity historical stock prices and determine the direction of Healthequity's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Healthequity historical fundamentals such as revenue growth or operating cash flow patterns. Although Healthequity naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Healthequity systematic risk associated with finding meaningful patterns of Healthequity fundamentals over time.
Please check Historical Fundamental Analysis of Healthequity to cross-verify your projections.
  
Healthequity PPandE Turnover is fairly stable at the moment as compared to the past year. Healthequity reported PPandE Turnover of 28.83 in 2021. Receivables Turnover is likely to rise to 11.50 in 2022, whereas Cash and Equivalents Turnover is likely to drop 2.69 in 2022. . Issuance Purchase of Equity Shares is likely to rise to about 503.2 M in 2022, whereas Weighted Average Shares is likely to drop slightly above 72.9 M in 2022.

Open Interest Agains t 2022-08-19 Healthequity Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Healthequity's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Healthequity's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Healthequity stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Healthequity's open interest, investors have to compare it to Healthequity's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Healthequity is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Healthequity. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
On April 28, 2022 Healthequity had Daily Balance Of Power of (0.42).
Most investors in Healthequity cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Healthequity's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Healthequity's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Healthequity market sensitivity to bulls and bears. It estimates the ability of Healthequity buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Healthequity Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.2446(0.42)
Check Healthequity VolatilityBacktest HealthequityTrend Details  

Healthequity Trading Date Momentum

On April 29 2022 Healthequity was traded for  62.32  at the closing time. Highest Healthequity's price during the trading hours was 63.71  and the lowest price during the day was  62.06 . The net volume was 591.1 K. The overall trading history on the 29th of April contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.70% . The trading delta at closing time to current price is 0.09% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Healthequity to competition

Other Forecasting Options for Healthequity

For every potential investor in Healthequity, whether a beginner or expert, Healthequity's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Healthequity Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Healthequity. Basic forecasting techniques help filter out the noise by identifying Healthequity's price trends.

Healthequity Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Healthequity stock to make a market-neutral strategy. Peer analysis of Healthequity could also be used in its relative valuation, which is a method of valuing Healthequity by comparing valuation metrics with similar companies.
Johnson JohnsonAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual EuropeanGARDNER DENVER INCUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondLIFE STORAGE INCMaiden Holdings NorthVistra Energy Corp
 Risk & Return  Correlation

Healthequity Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Healthequity's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Healthequity's current price.

Healthequity Risk Indicators

The analysis of Healthequity's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Healthequity's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Healthequity stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Healthequity 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.

Did you try this?

Run ETF Directory Now

   

ETF Directory

Find actively traded Exchange Traded Funds (ETF) from around the world
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Healthequity using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Historical Fundamental Analysis of Healthequity to cross-verify your projections. Note that the Healthequity information on this page should be used as a complementary analysis to other Healthequity'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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Healthequity Stock analysis

When running Healthequity price analysis, check to measure Healthequity'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 Healthequity is operating at the current time. Most of Healthequity's value examination focuses on studying past and present price action to predict the probability of Healthequity's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Healthequity's price. Additionally, you may evaluate how the addition of Healthequity to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Is Healthequity'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 Healthequity. If investors know Healthequity 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 Healthequity 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 YOY
-0.96
Market Capitalization
5.2 B
Quarterly Revenue Growth YOY
0.12
Return On Assets
0.0059
Return On Equity
-0.0299
The market value of Healthequity is measured differently than its book value, which is the value of Healthequity that is recorded on the company's balance sheet. Investors also form their own opinion of Healthequity's value that differs from its market value or its book value, called intrinsic value, which is Healthequity'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 Healthequity's market value can be influenced by many factors that don't directly affect Healthequity'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 Healthequity's value and its price as these two are different measures arrived at by different means. Investors typically determine Healthequity value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthequity'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.