Nanthealth Stock Market Value

NH
 Stock
  

USD 0.61  0.04  7.02%   

Nanthealth's market value is the price at which a share of Nanthealth stock trades on a public exchange. It measures the collective expectations of Nanthealth investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Nanthealth and determine expected loss or profit from investing in Nanthealth over a given investment horizon. Additionally, see Nanthealth Hype Analysis, Nanthealth Correlation, Nanthealth Valuation, Nanthealth Volatility, as well as analyze Nanthealth Alpha and Beta and Nanthealth Performance.
Symbol


Is Nanthealth'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 Nanthealth. If investors know Nanthealth 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 Nanthealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
70.9 M
Quarterly Revenue Growth YOY
0.025
Return On Assets
-0.15
The market value of Nanthealth is measured differently than its book value, which is the value of Nanthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Nanthealth's value that differs from its market value or its book value, called intrinsic value, which is Nanthealth'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 Nanthealth's market value can be influenced by many factors that don't directly affect Nanthealth'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 Nanthealth's value and its price as these two are different measures arrived at by different means. Investors typically determine Nanthealth value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nanthealth'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.

Nanthealth 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nanthealth's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nanthealth.
0.00
06/13/2022
No Change 0.00  0.0 
In 2 months and 2 days
08/12/2022
0.00
If you would invest  0.00  in Nanthealth on June 13, 2022 and sell it all today you would earn a total of 0.00 from holding Nanthealth or generate 0.0% return on investment in Nanthealth over 60 days. Nanthealth is related to or competes with Irobot Corp. NantHealth, Inc., together with its subsidiaries, operates as a healthcare IT company in the United States, Canada, and ...More

Nanthealth Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nanthealth's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nanthealth upside and downside potential and time the market with a certain degree of confidence.

Nanthealth Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanthealth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nanthealth's standard deviation. In reality, there are many statistical measures that can use Nanthealth historical prices to predict the future Nanthealth's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Nanthealth'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 Nanthealth in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.030.616.20
Details
Intrinsic
Valuation
LowReal ValueHigh
0.061.246.83
Details
Naive
Forecast
LowNext ValueHigh
0.0106780.536.12
Details
2 Analysts
Consensus
LowTarget PriceHigh
2.503.254.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nanthealth. Your research has to be compared to or analyzed against Nanthealth's peers to derive any actionable benefits. When done correctly, Nanthealth'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 Nanthealth.

Nanthealth Backtested Returns

Nanthealth appears to be extremely dangerous, given 3 months investment horizon. Nanthealth has Sharpe Ratio of 0.0374, which conveys that the firm had 0.0374% of return per unit of risk over the last 3 months. Our standpoint towards estimating 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 Nanthealth, which you can use to evaluate the future volatility of the firm. Please exercise Nanthealth's risk adjusted performance of (0.029137), and Mean Deviation of 3.89 to check out if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Nanthealth holds a performance score of 2. The company secures a Beta (Market Risk) of 0.435, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Nanthealth's beta means in this case. As returns on the market increase, Nanthealth returns are expected to increase less than the market. However, during the bear market, the loss on holding Nanthealth will be expected to be smaller as well. Although it is important to respect Nanthealth price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Nanthealth technical indicators, you can presently evaluate if the expected return of 0.21% will be sustainable into the future. Please exercises Nanthealth maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to make a quick decision on whether Nanthealth current price movements will revert.

Auto-correlation

    
  -0.73  

Almost perfect reverse predictability

Nanthealth has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Nanthealth time series from 13th of June 2022 to 13th of July 2022 and 13th of July 2022 to 12th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nanthealth price movement. The serial correlation of -0.73 indicates that around 73.0% of current Nanthealth price fluctuation can be explain by its past prices.
Correlation Coefficient-0.73
Spearman Rank Test-0.51
Residual Average0.0
Price Variance0.0

Nanthealth lagged returns against current returns

Autocorrelation, which is Nanthealth stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nanthealth's stock expected returns. We can calculate the autocorrelation of Nanthealth returns to help us make a trade decision. For example, suppose you find that Nanthealth stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Nanthealth regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nanthealth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nanthealth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nanthealth stock over time.
   Current vs Lagged Prices   
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       Timeline  

Nanthealth Lagged Returns

When evaluating Nanthealth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nanthealth stock have on its future price. Nanthealth autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nanthealth autocorrelation shows the relationship between Nanthealth stock current value and its past values and can show if there is a momentum factor associated with investing in Nanthealth.
   Regressed Prices   
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       Timeline  

Nanthealth Investors Sentiment

The influence of Nanthealth's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nanthealth. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Nanthealth's public news can be used to forecast risks associated with investment in Nanthealth. The trend in average sentiment can be used to explain how an investor holding Nanthealth can time the market purely based on public headlines and social activities around Nanthealth. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Nanthealth's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nanthealth's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nanthealth's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Nanthealth.

Nanthealth Implied Volatility

    
  0.0  
Nanthealth's implied volatility exposes the market's sentiment of Nanthealth stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nanthealth'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 Nanthealth stock will not fluctuate a lot when Nanthealth's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nanthealth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nanthealth's short interest history, or implied volatility extrapolated from Nanthealth options trading.

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Additionally, see Nanthealth Hype Analysis, Nanthealth Correlation, Nanthealth Valuation, Nanthealth Volatility, as well as analyze Nanthealth Alpha and Beta and Nanthealth Performance. Note that the Nanthealth information on this page should be used as a complementary analysis to other Nanthealth'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Nanthealth Stock analysis

When running Nanthealth price analysis, check to measure Nanthealth'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 Nanthealth is operating at the current time. Most of Nanthealth's value examination focuses on studying past and present price action to predict the probability of Nanthealth's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nanthealth's price. Additionally, you may evaluate how the addition of Nanthealth to your portfolios can decrease your overall portfolio volatility.
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Nanthealth 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 Nanthealth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nanthealth 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...