Neuehealth Stock Momentum Indicators Commodity Channel Index

NEUE Stock   5.07  0.12  2.42%   
NeueHealth momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against NeueHealth. NeueHealth value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of NeueHealth are pattern recognition functions that provide distinct formation on NeueHealth potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Commodity Channel Index (CCI) is designed to detect NeueHealth beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of NeueHealth is making new highs, and the CCI is not, then a price correction is likely to happen soon.

NeueHealth Technical Analysis Modules

Most technical analysis of NeueHealth help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for NeueHealth from various momentum indicators to cycle indicators. When you analyze NeueHealth charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About NeueHealth Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NeueHealth. We use our internally-developed statistical techniques to arrive at the intrinsic value of NeueHealth based on widely used predictive technical indicators. In general, we focus on analyzing NeueHealth Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NeueHealth's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of NeueHealth's intrinsic value. In addition to deriving basic predictive indicators for NeueHealth, we also check how macroeconomic factors affect NeueHealth price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Payables Turnover28.325.877.94
Days Of Inventory On Hand1.8K301.27286.2
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NeueHealth'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.
Hype
Prediction
LowEstimatedHigh
1.855.078.29
Details
Intrinsic
Valuation
LowRealHigh
4.569.7112.93
Details
Naive
Forecast
LowNextHigh
2.155.378.60
Details
2 Analysts
Consensus
LowTargetHigh
22.1424.3327.01
Details

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NeueHealth pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NeueHealth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NeueHealth will appreciate offsetting losses from the drop in the long position's value.

NeueHealth Pair Trading

NeueHealth Pair Trading Analysis

The ability to find closely correlated positions to NeueHealth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NeueHealth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NeueHealth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NeueHealth to buy it.
The correlation of NeueHealth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NeueHealth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NeueHealth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NeueHealth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether NeueHealth is a strong investment it is important to analyze NeueHealth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NeueHealth's future performance. For an informed investment choice regarding NeueHealth Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeueHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For information on how to trade NeueHealth Stock refer to our How to Trade NeueHealth Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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 NeueHealth. If investors know NeueHealth 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 NeueHealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
145.939
Quarterly Revenue Growth
0.286
Return On Assets
(0.04)
Return On Equity
(1.83)
The market value of NeueHealth is measured differently than its book value, which is the value of NeueHealth that is recorded on the company's balance sheet. Investors also form their own opinion of NeueHealth's value that differs from its market value or its book value, called intrinsic value, which is NeueHealth'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 NeueHealth's market value can be influenced by many factors that don't directly affect NeueHealth'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 NeueHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if NeueHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeueHealth'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.