National Healthcare Stock Market Value
| NHC Stock | USD 100.33 1.08 1.09% |
| Symbol | National |
National HealthCare 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 National HealthCare. If investors know National 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 National 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 3.021 | Dividend Share 2.4 | Earnings Share 7.99 | Revenue Per Share | Quarterly Revenue Growth 0.179 |
The market value of National HealthCare is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National HealthCare's value that differs from its market value or its book value, called intrinsic value, which is National 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 National HealthCare's market value can be influenced by many factors that don't directly affect National 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 National HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if National HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National 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.
National HealthCare '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 National HealthCare's 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 National HealthCare.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in National HealthCare on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding National HealthCare or generate 0.0% return on investment in National HealthCare over 150 days. National HealthCare is related to or competes with Ensign, US Physicalrapy, Cass Information, and Brookdale Senior. National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living ... More
National HealthCare 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 National HealthCare's 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 National HealthCare upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 13.46 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 3.0 |
National HealthCare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National HealthCare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National HealthCare's standard deviation. In reality, there are many statistical measures that can use National HealthCare historical prices to predict the future National HealthCare's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.38) |
National HealthCare Backtested Returns
National HealthCare has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11 % return per unit of risk over the last 3 months. National HealthCare exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National HealthCare's Mean Deviation of 1.47, standard deviation of 2.02, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, National HealthCare's returns are expected to increase less than the market. However, during the bear market, the loss of holding National HealthCare is expected to be smaller as well. At this point, National HealthCare has a negative expected return of -0.23%. Please make sure to verify National HealthCare's daily balance of power, and the relationship between the skewness and day typical price , to decide if National HealthCare performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
National HealthCare has average predictability. Overlapping area represents the amount of predictability between National HealthCare time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of National HealthCare price movement. The serial correlation of 0.41 indicates that just about 41.0% of current National HealthCare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 123.23 |
National HealthCare lagged returns against current returns
Autocorrelation, which is National HealthCare 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 National HealthCare's stock expected returns. We can calculate the autocorrelation of National HealthCare returns to help us make a trade decision. For example, suppose you find that National HealthCare 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 |
National HealthCare 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 National HealthCare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National HealthCare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National HealthCare stock over time.
Current vs Lagged Prices |
| Timeline |
National HealthCare Lagged Returns
When evaluating National HealthCare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National HealthCare stock have on its future price. National HealthCare 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, National HealthCare autocorrelation shows the relationship between National HealthCare stock current value and its past values and can show if there is a momentum factor associated with investing in National HealthCare.
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.When determining whether National HealthCare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National HealthCare'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 National Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Healthcare Stock:Check out National HealthCare Correlation, National HealthCare Volatility and National HealthCare Alpha and Beta module to complement your research on National HealthCare. For information on how to trade National Stock refer to our How to Trade National Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
National HealthCare technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.