Healthequity Stock Price on July 3, 2022 Breakdown

HQY
 Stock
  

USD 60.09  2.75  4.80%   

As of today, the current price of Healthequity is  60.09 , as last reported on the 7th of August, with the highest price reaching  61.14  and the lowest price hitting  55.92  during the day.
We consider Healthequity very steady. Healthequity holds Efficiency (Sharpe) Ratio of 0.046, which attests that the entity had 0.046% of return per unit of standard deviation over the last 3 months. Our philosophy in determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Healthequity, which you can use to evaluate the future volatility of the firm. Please check out Healthequity market risk adjusted performance of (0.017152), and Risk Adjusted Performance of (0.0006323) to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
  
Net Income Common Stock is likely to drop to about (45.5 M) in 2022. Healthequity Price to Book Value is fairly stable at the moment as compared to the past year. Healthequity reported Price to Book Value of 2.41 in 2021. Price to Sales Ratio is likely to rise to 7.39 in 2022, whereas Price to Earnings Ratio are likely to drop (103.48)  in 2022. Healthequity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
82.7 M
Shares Outstanding
84.4 M
Shares Short Prior Month
M
Earnings Share
-0.66
Shares Short
4.4 M
Revenue Per Share
9.3

Related Headline

3M Headline on 30th of June 2022

EPS Estimate
by EPS ESTIMATE
Quarterly Analyst Consensus: 2.42

Healthequity Valuation on July 3, 2022

It is possible to determine the worth of Healthequity on a given historical date. On July 3, 2022 Healthequity was worth 62.79 at the beginning of the trading date compared to the closed value of 61.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Healthequity stock. Still, in general, we apply an absolute valuation method to find Healthequity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Healthequity's related companies.
 Open High Low Close Volume
  64.83    64.83    62.62    63.53    599,208  
06/30/2022
  62.79    63.65    61.07    61.39    813,694  
  60.91    61.68    57.28    57.67    1,110,274  
Backtest Healthequity  |  Healthequity History  |  Healthequity Valuation   PreviousNext  
Open Value 62.79
61.39
Closing Value
70.83
Upside

Healthequity Trading Date Momentum on July 3, 2022

On July 01 2022 Healthequity was traded for  57.67  at the closing time. Highest Healthequity's price during the trading hours was 61.68  and the lowest price during the day was  57.28 . The net volume was 1.1 M. The overall trading history on the 1st of July contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 6.06% . The trading delta at closing time to current price is 5.68% .

Healthequity Fundamentals Correlations and Trends

By evaluating Healthequity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Healthequity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Healthequity financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Healthequity Stock history

Healthequity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Healthequity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Healthequity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Healthequity historical stock prices may prove useful in developing a viable investing in Healthequity
Last ReportedProjected for 2022
Weighted Average Shares83.1 M72.9 M
Weighted Average Shares Diluted83.1 M76.5 M
Issuance Purchase of Equity Shares466.4 M503.2 M
HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. The company was incorporated in 2002 and is headquartered in Draper, Utah. Healthequity operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 3688 people.

Healthequity Quarterly Market Capitalization

5.22 Billion

Healthequity Stock Technical Analysis

Healthequity 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 Healthequity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Healthequity 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...

Price Boundaries

Healthequity Period Price Range

Low
June 30, 2022
High

 62.79 

  

 61.39 

-1.4-2.23%

Healthequity August 7, 2022 Market Strength

Market strength indicators help investors to evaluate how Healthequity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Healthequity shares will generate the highest return on investment. By undertsting and applying Healthequity stock market strength indicators, traders can identify Healthequity entry and exit signals to maximize returns

Healthequity Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Healthequity stock's direction in advance. Along with the technical and fundamental analysis of Healthequity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Healthequity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Please check Risk vs Return Analysis. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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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.
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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
5.1 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.