Health Stock Technical Analysis

HAAC -  USA Stock  

USD 9.85  0.01  0.10%

As of the 25th of May, Health Assurance retains the market risk adjusted performance of 0.4237, and Risk Adjusted Performance of (0.018591). Health Assurance technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze eighteen technical drivers for Health Assurance Acq, which can be compared to its competitors. Please check out Health Assurance Acq variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Health Assurance is priced fairly, providing market reflects its last-minute price of 9.85 per share. Given that Health Assurance Acquisition has treynor ratio of 0.4137, we strongly advise you to confirm Health Assurance Acq's regular market performance to make sure the company can sustain itself at a future point.
  
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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...

Health Assurance Acq Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Health Assurance Acq volatility developed by Welles Wilder.
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Health Assurance Acq Trend Analysis

Use this graph to draw trend lines for Health Assurance Acquisition. You can use it to identify possible trend reversals for Health Assurance as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Health Assurance price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Health Assurance Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Health Assurance Acquisition applied against its price change over selected period. The best fit line has a slop of   0.00058805  , which means Health Assurance Acquisition will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Health Assurance price change compared to its average price change.

About Health Assurance Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Health Assurance Acquisition on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Health Assurance Acquisition based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Health Assurance Acq stock first instead of the macroeconomic environment surrounding Health Assurance Acq. By analyzing Health Assurance's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Health Assurance's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Health Assurance specific price patterns or momentum indicators. Please read more on our technical analysis page.

Health Assurance May 25, 2022 Technical Indicators

Most technical analysis of Health help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Health from various momentum indicators to cycle indicators. When you analyze Health charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Health Assurance May 25, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Health stock. With literally thousands of 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.
Please check Risk vs Return Analysis. 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Health Stock analysis

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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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.