Healthy Choice Wellness Stock Momentum Indicators Momentum
HCWC Stock | 1.64 0.08 4.65% |
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The output start index for this execution was ten with a total number of output elements of fourty-six. The Momentum indicator shows the difference between current closing price of Healthy Choice Wellness and Healthy Choice close price N days ago.
Healthy Choice Technical Analysis Modules
Most technical analysis of Healthy Choice 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 Healthy from various momentum indicators to cycle indicators. When you analyze Healthy 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.Cycle Indicators | ||
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About Healthy Choice 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 Healthy Choice Wellness. We use our internally-developed statistical techniques to arrive at the intrinsic value of Healthy Choice Wellness based on widely used predictive technical indicators. In general, we focus on analyzing Healthy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Healthy Choice'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 Healthy Choice's intrinsic value. In addition to deriving basic predictive indicators for Healthy Choice, we also check how macroeconomic factors affect Healthy Choice price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Healthy Choice'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.
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Healthy Choice Wellness 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 Healthy Choice 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 Healthy Choice will appreciate offsetting losses from the drop in the long position's value.Healthy Choice Pair Trading
Healthy Choice Wellness Pair Trading Analysis
The ability to find closely correlated positions to Healthy Choice could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Healthy Choice 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 Healthy Choice - 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 Healthy Choice Wellness to buy it.
The correlation of Healthy Choice 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 Healthy Choice moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Healthy Choice Wellness 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 Healthy Choice 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthy Choice Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Consumer Staples Distribution & Retail 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 Healthy Choice. If investors know Healthy 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 Healthy Choice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.06) | Quarterly Revenue Growth 0.149 | Return On Assets (0.08) | Return On Equity (0.79) |
The market value of Healthy Choice Wellness is measured differently than its book value, which is the value of Healthy that is recorded on the company's balance sheet. Investors also form their own opinion of Healthy Choice's value that differs from its market value or its book value, called intrinsic value, which is Healthy Choice'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 Healthy Choice's market value can be influenced by many factors that don't directly affect Healthy Choice'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 Healthy Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthy Choice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthy Choice'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.