Viemed Healthcare Stock Forecast - Price Action Indicator

VMD Stock  USD 8.65  0.06  0.69%   
Viemed Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Viemed Healthcare stock prices and determine the direction of Viemed Healthcare's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Viemed Healthcare's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Viemed Healthcare's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Net Income Applicable To Common Shares is expected to grow to about 11.6 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 38.7 M.
Viemed Healthcare has current Price Action Indicator of 0.04. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Viemed Healthcare VolatilityBacktest Viemed HealthcareInformation Ratio  

Viemed Healthcare Trading Date Momentum

On November 22 2024 Viemed Healthcare was traded for  8.65  at the closing time. Highest Viemed Healthcare's price during the trading hours was 8.72  and the lowest price during the day was  8.44 . There was no trading activity during the period 0.0. Lack of trading volume on the 22nd of November did not result in any price rise and fall. The trading price change to current price is 0.69% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Viemed Healthcare

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

Viemed Healthcare 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 Viemed Healthcare stock to make a market-neutral strategy. Peer analysis of Viemed Healthcare could also be used in its relative valuation, which is a method of valuing Viemed Healthcare by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Viemed Healthcare 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 Viemed Healthcare'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 Viemed Healthcare's current price.

Viemed Healthcare Market Strength Events

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

Viemed Healthcare Risk Indicators

The analysis of Viemed Healthcare's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Viemed Healthcare's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting viemed stock prices, 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 investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Viemed Healthcare is a strong investment it is important to analyze Viemed Healthcare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Viemed Healthcare's future performance. For an informed investment choice regarding Viemed Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Viemed Healthcare to cross-verify your projections.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Health Care Equipment & Supplies space 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 Viemed Healthcare. If investors know Viemed 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 Viemed Healthcare 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
0.425
Earnings Share
0.25
Revenue Per Share
5.534
Quarterly Revenue Growth
0.174
Return On Assets
0.0686
The market value of Viemed Healthcare is measured differently than its book value, which is the value of Viemed that is recorded on the company's balance sheet. Investors also form their own opinion of Viemed Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Viemed Healthcare'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 Viemed Healthcare's market value can be influenced by many factors that don't directly affect Viemed Healthcare'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 Viemed Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viemed Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viemed Healthcare'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.