Healthcare Triangle Stock Probability of Future Stock Price Finishing Under 1.19
| HCTI Stock | USD 0.83 0.06 6.74% |
Healthcare |
Healthcare Triangle Target Price Odds to finish below 1.19
The tendency of Healthcare Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 1.19 after 90 days |
| 0.83 | 90 days | 1.19 | about 90.04 |
Based on a normal probability distribution, the odds of Healthcare Triangle to stay under $ 1.19 after 90 days from now is about 90.04 (This Healthcare Triangle probability density function shows the probability of Healthcare Stock to fall within a particular range of prices over 90 days) . Probability of Healthcare Triangle price to stay between its current price of $ 0.83 and $ 1.19 at the end of the 90-day period is about 29.92 .
Given the investment horizon of 90 days Healthcare Triangle has a beta of -0.24. This usually indicates as returns on the benchmark increase, returns on holding Healthcare Triangle are expected to decrease at a much lower rate. During a bear market, however, Healthcare Triangle is likely to outperform the market. Moreover Healthcare Triangle has an alpha of 1.6774, implying that it can generate a 1.68 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Healthcare Triangle Price Density |
| Price |
Predictive Modules for Healthcare Triangle
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Healthcare Triangle. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Healthcare Triangle'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.
Healthcare Triangle Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Healthcare Triangle is not an exception. The market had few large corrections towards the Healthcare Triangle's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Healthcare Triangle, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Healthcare Triangle within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.68 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | 0.08 |
Healthcare Triangle Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Healthcare Triangle for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Healthcare Triangle can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Healthcare Triangle is way too risky over 90 days horizon | |
| Healthcare Triangle has some characteristics of a very speculative penny stock | |
| Healthcare Triangle appears to be risky and price may revert if volatility continues | |
| Healthcare Triangle has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 33.2 M. Net Loss for the year was (12.34 M) with profit before overhead, payroll, taxes, and interest of 10.52 M. | |
| Healthcare Triangle currently holds about 1.36 M in cash with (1.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 46.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Health, science leaders meet to discuss triangle-area advancements - WRAL News |
Healthcare Triangle Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Healthcare Stock often depends not only on the future outlook of the current and potential Healthcare Triangle's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Healthcare Triangle's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.2 M | |
| Cash And Short Term Investments | 1.2 M |
Healthcare Triangle Technical Analysis
Healthcare Triangle's future price can be derived by breaking down and analyzing its technical indicators over time. Healthcare Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Healthcare Triangle. In general, you should focus on analyzing Healthcare Stock price patterns and their correlations with different microeconomic environments and drivers.
Healthcare Triangle Predictive Forecast Models
Healthcare Triangle's time-series forecasting models is one of many Healthcare Triangle's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Healthcare Triangle's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Healthcare Triangle
Checking the ongoing alerts about Healthcare Triangle for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Healthcare Triangle help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Healthcare Triangle is way too risky over 90 days horizon | |
| Healthcare Triangle has some characteristics of a very speculative penny stock | |
| Healthcare Triangle appears to be risky and price may revert if volatility continues | |
| Healthcare Triangle has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 33.2 M. Net Loss for the year was (12.34 M) with profit before overhead, payroll, taxes, and interest of 10.52 M. | |
| Healthcare Triangle currently holds about 1.36 M in cash with (1.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 46.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Health, science leaders meet to discuss triangle-area advancements - WRAL News |
Check out Healthcare Triangle Backtesting, Healthcare Triangle Valuation, Healthcare Triangle Correlation, Healthcare Triangle Hype Analysis, Healthcare Triangle Volatility, Healthcare Triangle History as well as Healthcare Triangle Performance. For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Healthcare Triangle. If investors know Healthcare 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 Healthcare Triangle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.17) | Revenue Per Share 4.813 | Quarterly Revenue Growth (0.65) | Return On Assets (0.55) | Return On Equity (2.88) |
The market value of Healthcare Triangle is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Triangle's value that differs from its market value or its book value, called intrinsic value, which is Healthcare Triangle'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 Healthcare Triangle's market value can be influenced by many factors that don't directly affect Healthcare Triangle'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 Healthcare Triangle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Triangle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Triangle'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.