Enhabit Stock Forecast - Accumulation Distribution

EHAB Stock  USD 7.62  0.06  0.79%   
Enhabit Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Enhabit stock prices and determine the direction of Enhabit's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Enhabit's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Enhabit's Inventory Turnover is projected to decrease significantly based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 7.73, whereas Payables Turnover is forecasted to decline to 66.95. . The current year's Common Stock Shares Outstanding is expected to grow to about 52.4 M, whereas Net Loss is projected to grow to (34.5 M).
On September 5, 2024 Enhabit had Accumulation Distribution of 72363.87. The accumulation distribution (A/D) indicator shows the degree to which Enhabit is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Enhabit to determine if accumulation or reduction is taking place in the market. This value is adjusted by Enhabit trading volume to give more weight to distributions with higher volume over lower volume.
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Enhabit Trading Date Momentum

On September 06 2024 Enhabit was traded for  7.89  at the closing time. The top price for the day was 8.06  and the lowest listed price was  7.72 . The trading volume for the day was 639.4 K. The trading history from September 6, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.75% . The overall trading delta against the current closing price is 0.00% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Enhabit

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

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

Enhabit 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 Enhabit'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 Enhabit's current price.

Enhabit Market Strength Events

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

Enhabit Risk Indicators

The analysis of Enhabit'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 Enhabit's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting enhabit 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 Enhabit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enhabit's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enhabit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enhabit Stock:
Check out Historical Fundamental Analysis of Enhabit to cross-verify your projections.
For information on how to trade Enhabit Stock refer to our How to Trade Enhabit Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Health Care Providers & Services 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 Enhabit. If investors know Enhabit 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 Enhabit 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
(0.92)
Earnings Share
(2.33)
Revenue Per Share
20.661
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0177
The market value of Enhabit is measured differently than its book value, which is the value of Enhabit that is recorded on the company's balance sheet. Investors also form their own opinion of Enhabit's value that differs from its market value or its book value, called intrinsic value, which is Enhabit'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 Enhabit's market value can be influenced by many factors that don't directly affect Enhabit'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 Enhabit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enhabit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enhabit'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.