Healthier Choices Management Stock Market Value

Healthier Choices' market value is the price at which a share of Healthier Choices trades on a public exchange. It measures the collective expectations of Healthier Choices Management investors about its performance.
With this module, you can estimate the performance of a buy and hold strategy of Healthier Choices Management and determine expected loss or profit from investing in Healthier Choices over a given investment horizon. Check out Healthier Choices Correlation, Healthier Choices Volatility and Healthier Choices Alpha and Beta module to complement your research on Healthier Choices.
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Please note, there is a significant difference between Healthier Choices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthier Choices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthier Choices' 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.

Healthier Choices 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Healthier Choices' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Healthier Choices.
0.00
09/12/2024
No Change 0.00  0.0 
In 2 months and 31 days
12/11/2024
0.00
If you would invest  0.00  in Healthier Choices on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Healthier Choices Management or generate 0.0% return on investment in Healthier Choices over 90 days. Healthier Choices is related to or competes with Bank of America, Recursion Pharmaceuticals, Aerovate Therapeutics, PayPal Holdings, Alphabet, and Koss. Healthier Choices Management Corp. provides e-liquids, vaporizers, and related products More

Healthier Choices Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Healthier Choices' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Healthier Choices Management upside and downside potential and time the market with a certain degree of confidence.

Healthier Choices Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Healthier Choices' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Healthier Choices' standard deviation. In reality, there are many statistical measures that can use Healthier Choices historical prices to predict the future Healthier Choices' volatility.
Hype
Prediction
LowEstimatedHigh
0.000.0050.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0050.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0000440.0000440.000044
Details

Healthier Choices Backtested Returns

Healthier Choices holds Efficiency (Sharpe) Ratio of 0.44, which attests that the entity had a 0.44% return per unit of standard deviation over the last 3 months. We have collected data for zero different technical indicators, which can help you to evaluate if expected returns of 182.81% are justified by taking the suggested risk. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Healthier Choices are completely uncorrelated.

Auto-correlation

    
  0.44  

Average predictability

Healthier Choices Management has average predictability. Overlapping area represents the amount of predictability between Healthier Choices time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Healthier Choices price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Healthier Choices price fluctuation can be explain by its past prices.
Correlation Coefficient0.44
Spearman Rank Test0.83
Residual Average0.0
Price Variance0.0

Healthier Choices lagged returns against current returns

Autocorrelation, which is Healthier Choices pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Healthier Choices' pink sheet expected returns. We can calculate the autocorrelation of Healthier Choices returns to help us make a trade decision. For example, suppose you find that Healthier Choices has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Healthier Choices regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Healthier Choices pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Healthier Choices pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Healthier Choices pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Healthier Choices Lagged Returns

When evaluating Healthier Choices' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Healthier Choices pink sheet have on its future price. Healthier Choices autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Healthier Choices autocorrelation shows the relationship between Healthier Choices pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Healthier Choices Management.
   Regressed Prices   
       Timeline  

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.

Other Information on Investing in Healthier Pink Sheet

Healthier Choices financial ratios help investors to determine whether Healthier Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Healthier with respect to the benefits of owning Healthier Choices security.