Hims Hers Health Stock Market Value
| HIMS Stock | USD 25.33 1.18 4.89% |
| Symbol | Hims |
Hims Hers Health Price To Book Ratio
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 Hims Hers. If investors know Hims 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 Hims Hers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.44 | Revenue Per Share 5.801 | Quarterly Revenue Growth 0.771 | Return On Assets 0.0566 | Return On Equity 0.2635 |
The market value of Hims Hers Health is measured differently than its book value, which is the value of Hims that is recorded on the company's balance sheet. Investors also form their own opinion of Hims Hers' value that differs from its market value or its book value, called intrinsic value, which is Hims Hers' 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 Hims Hers' market value can be influenced by many factors that don't directly affect Hims Hers' 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 Hims Hers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hims Hers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hims Hers' 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.
Hims Hers '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 Hims Hers' stock 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 Hims Hers.
| 05/05/2023 |
| 11/25/2024 |
If you would invest 0.00 in Hims Hers on May 5, 2023 and sell it all today you would earn a total of 0.00 from holding Hims Hers Health or generate 0.0% return on investment in Hims Hers over 570 days. Hims Hers is related to or competes with ELF Beauty, Newell Brands, Virgin Group, Estee Lauder, Honest, Procter Gamble, and Coty. Hims Hers Health, Inc. operates a multi-specialty telehealth platform that connects consumers to licensed healthcare pro... More
Hims Hers 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 Hims Hers' stock 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 Hims Hers Health upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.09 | |||
| Information Ratio | 0.1128 | |||
| Maximum Drawdown | 43.55 | |||
| Value At Risk | (9.37) | |||
| Potential Upside | 11.22 |
Hims Hers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hims Hers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hims Hers' standard deviation. In reality, there are many statistical measures that can use Hims Hers historical prices to predict the future Hims Hers' volatility.| Risk Adjusted Performance | 0.1105 | |||
| Jensen Alpha | 0.4887 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1051 | |||
| Treynor Ratio | 0.277 |
Hims Hers Health Backtested Returns
Hims Hers is moderately volatile given 3 months investment horizon. Hims Hers Health holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have collected data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Hims Hers Health Risk Adjusted Performance of 0.1105, market risk adjusted performance of 0.287, and Downside Deviation of 7.09 to evaluate company specific risk that cannot be diversified away. Hims Hers holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 3.13, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hims Hers will likely underperform. Use Hims Hers Health semi variance, and the relationship between the treynor ratio and daily balance of power , to analyze future returns on Hims Hers Health.
Auto-correlation | -0.44 |
Modest reverse predictability
Hims Hers Health has modest reverse predictability. Overlapping area represents the amount of predictability between Hims Hers time series from 5th of May 2023 to 14th of February 2024 and 14th of February 2024 to 25th of November 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 Hims Hers Health price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Hims Hers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 16.17 |
Hims Hers Health lagged returns against current returns
Autocorrelation, which is Hims Hers stock'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 Hims Hers' stock expected returns. We can calculate the autocorrelation of Hims Hers returns to help us make a trade decision. For example, suppose you find that Hims Hers has exhibited high autocorrelation historically, and you observe that the stock 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 |
Hims Hers 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 Hims Hers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hims Hers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hims Hers stock over time.
Current vs Lagged Prices |
| Timeline |
Hims Hers Lagged Returns
When evaluating Hims Hers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hims Hers stock have on its future price. Hims Hers 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, Hims Hers autocorrelation shows the relationship between Hims Hers stock current value and its past values and can show if there is a momentum factor associated with investing in Hims Hers Health.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Hims Stock Analysis
When running Hims Hers' price analysis, check to measure Hims Hers' 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 Hims Hers is operating at the current time. Most of Hims Hers' value examination focuses on studying past and present price action to predict the probability of Hims Hers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hims Hers' price. Additionally, you may evaluate how the addition of Hims Hers to your portfolios can decrease your overall portfolio volatility.