Health Stock Alpha and Beta Analysis

HAAC
 Stock
  

USD 9.89  0.01  0.10%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Health Assurance Acquisition. It also helps investors analyze the systematic and unsystematic risks associated with investing in Health Assurance over a specified time horizon. Remember, high Health Assurance's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Health Assurance Backtesting, Health Assurance Valuation, Health Assurance Correlation, Health Assurance Hype Analysis, Health Assurance Volatility, Health Assurance History and analyze Health Assurance Performance.
  
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Please note that although Health Assurance alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Health Assurance did 0.00085699  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Health Assurance Acquisition stock's relative risk over its benchmark. Health Assurance Acq has a beta of 0.0081  . Let's try to break down what Health's beta means in this case. As returns on the market increase, Health Assurance returns are expected to increase less than the market. However, during the bear market, the loss on holding Health Assurance will be expected to be smaller as well.
Health Assurance Enterprise Value over EBIT is projected to increase significantly based on the last few years of reporting. The past year's Enterprise Value over EBIT was at 12.00. The current year Enterprise Value over EBITDA is expected to grow to 12.43, whereas Book Value per Share is forecasted to decline to (0.83) .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Health Assurance Quarterly Book Value per Share

(0.637)

Health Assurance Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Health Assurance market risk premium is the additional return an investor will receive from holding Health Assurance long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Health Assurance. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Health Assurance's performance over market.
α0.00085699   β0.0081
90 days against DJI

Health Assurance expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Health Assurance's Buy-and-hold return. Our buy-and-hold chart shows how Health Assurance performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Health Assurance Market Price Analysis

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

Health Assurance Return and Market Media

The median price of Health Assurance for the period between Wed, Apr 6, 2022 and Tue, Jul 5, 2022 is 9.86 with a coefficient of variation of 0.15. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 9.86, and mean deviation of 0.01. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Great-West Lifeco reports first quarter 2022 results - Canad...05/04/2022
2
Skylight Health Announces Earnings Call and Corporate Update...05/11/2022
3
Applied UV Reports 1st Quarter 2022 Results Business valdost...05/23/2022
4
Current reimbursement system inhibits access to substance us...06/03/2022
5
Smart for Life on Track to Close Pending Acquisition of Ceau...06/08/2022
6
Centene Corporation Announces Increased 2022 Guidance and Va...06/17/2022
7
Neighbourly Completes Acquisition of Rubicon Pharmacies - Ya...06/27/2022
8
Chubb Completes Acquisition of Cignas Personal Accident, Sup...07/01/2022

About Health Assurance Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Health Assurance Acq has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Health Assurance Investors Sentiment

The influence of Health Assurance'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 Health. 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.

Health Assurance Implied Volatility

    
  13.08  
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.
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 Health Assurance 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, Health Assurance's short interest history, or implied volatility extrapolated from Health Assurance options trading.

Current Sentiment - HAAC

Health Assurance Acq Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Health Assurance Acquisition. What is your judgment towards investing in Health Assurance Acquisition? Are you bullish or bearish?
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Please check Health Assurance Backtesting, Health Assurance Valuation, Health Assurance Correlation, Health Assurance Hype Analysis, Health Assurance Volatility, Health Assurance History and analyze Health Assurance Performance. 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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