Healthequity (Germany) Price on September 4, 2024
| 2HE Stock | EUR 90.50 0.50 0.55% |
If you're considering investing in Healthequity Stock, it is important to understand the factors that can impact its price. As of today, the current price of Healthequity stands at 90.50, as last reported on the 25th of December, with the highest price reaching 90.50 and the lowest price hitting 90.50 during the day. Healthequity appears to be very steady, given 3 months investment horizon. Healthequity holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Healthequity, which you can use to evaluate the volatility of the firm. Please utilize Healthequity's market risk adjusted performance of 1.45, and Risk Adjusted Performance of 0.1423 to validate if our risk estimates are consistent with your expectations.
Healthequity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Healthequity |
Sharpe Ratio = 0.1775
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 2HE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Healthequity is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Healthequity by adding it to a well-diversified portfolio.
Healthequity Valuation on September 4, 2024
It is possible to determine the worth of Healthequity on a given historical date. On September 4, 2024 Healthequity was worth 70.5 at the beginning of the trading date compared to the closed value of 70.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Healthequity stock. Still, in general, we apply an absolute valuation method to find Healthequity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Healthequity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Healthequity's related companies.
| Open | High | Low | Close | Volume | |
| 71.50 | 71.50 | 71.50 | 71.50 | 10.00 | |
09/04/2024 | 70.50 | 70.50 | 70.50 | 70.50 | 10.00 |
| 74.00 | 74.00 | 74.00 | 74.00 | 10.00 |
| Backtest Healthequity | | | Healthequity History | | | Healthequity Valuation | Previous | Next |
Healthequity Trading Date Momentum on September 4, 2024
| On September 05 2024 Healthequity was traded for 74.00 at the closing time. The highest daily price throughout the period was 74.00 and the lowest price was 74.00 . The daily volume was 10.0. The net trading volume on 09/05/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 4.96% . The trading delta at closing time to current closing price is 0.71% . |
Healthequity Fundamentals Correlations and Trends
By evaluating Healthequity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Healthequity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Healthequity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Healthequity Stock history
Healthequity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Healthequity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Healthequity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Healthequity stock prices may prove useful in developing a viable investing in Healthequity
HealthEquity, Inc. provides various solutions for managing health care accounts, health reimbursement arrangements, and flexible spending accounts for health plans, insurance companies, and third-party administrators in the United States. HealthEquity, Inc. was founded in 2002 and is headquartered in Draper, Utah. HealthEquity operates under Health Information Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1141 people.
Healthequity Stock Technical Analysis
Healthequity 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.
Price Boundaries
Healthequity Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Healthequity cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Healthequity December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Healthequity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Healthequity shares will generate the highest return on investment. By undertsting and applying Healthequity stock market strength indicators, traders can identify Healthequity entry and exit signals to maximize returns
Healthequity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Healthequity's price direction in advance. Along with the technical and fundamental analysis of Healthequity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Healthequity to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1423 | |||
| Jensen Alpha | 0.3992 | |||
| Total Risk Alpha | 0.3016 | |||
| Sortino Ratio | 0.1888 | |||
| Treynor Ratio | 1.44 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Healthequity Stock analysis
When running Healthequity's price analysis, check to measure Healthequity's 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 Healthequity is operating at the current time. Most of Healthequity's value examination focuses on studying past and present price action to predict the probability of Healthequity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthequity's price. Additionally, you may evaluate how the addition of Healthequity to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Correlations Find global opportunities by holding instruments from different markets |