HCA Healthcare (UK) Market Value
| 0J1R Stock | 320.44 6.09 1.94% |
| Symbol | HCA |
HCA 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 HCA 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 HCA Healthcare.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in HCA Healthcare on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding HCA Healthcare or generate 0.0% return on investment in HCA Healthcare over 90 days. HCA Healthcare is related to or competes with American Homes, Clean Power, Ecofin Global, Roebuck Food, Edita Food, Fortune Brands, and Hilton Food. HCA Healthcare is entity of United Kingdom More
HCA 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 HCA 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 HCA Healthcare upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.0699 | |||
| Maximum Drawdown | 12.44 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.95 |
HCA Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HCA Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HCA Healthcare's standard deviation. In reality, there are many statistical measures that can use HCA Healthcare historical prices to predict the future HCA Healthcare's volatility.| Risk Adjusted Performance | 0.0243 | |||
| Jensen Alpha | 0.016 | |||
| Total Risk Alpha | 0.2886 | |||
| Sortino Ratio | 0.0584 | |||
| Treynor Ratio | (0.21) |
HCA Healthcare Backtested Returns
Currently, HCA Healthcare is very steady. HCA Healthcare retains Efficiency (Sharpe Ratio) of 0.0428, which attests that the company had a 0.0428 % return per unit of risk over the last 3 months. We have found thirty technical indicators for HCA Healthcare, which you can use to evaluate the volatility of the entity. Please check out HCA Healthcare's Coefficient Of Variation of 4699.94, semi deviation of 2.38, and Market Risk Adjusted Performance of (0.20) to validate if the risk estimate we provide is consistent with the expected return of 0.088%. HCA Healthcare has a performance score of 3 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning HCA Healthcare are expected to decrease at a much lower rate. During the bear market, HCA Healthcare is likely to outperform the market. HCA Healthcare at this moment owns a risk of 2.06%. Please check out HCA Healthcare market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if HCA Healthcare will be following its current price history.
Auto-correlation | -0.08 |
Very weak reverse predictability
HCA Healthcare has very weak reverse predictability. Overlapping area represents the amount of predictability between HCA Healthcare time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 HCA Healthcare price movement. The serial correlation of -0.08 indicates that barely 8.0% of current HCA Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 60.58 |
HCA Healthcare lagged returns against current returns
Autocorrelation, which is HCA 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 HCA Healthcare's stock expected returns. We can calculate the autocorrelation of HCA Healthcare returns to help us make a trade decision. For example, suppose you find that HCA 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 |
HCA 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 HCA Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HCA Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HCA Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
HCA Healthcare Lagged Returns
When evaluating HCA Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HCA Healthcare stock have on its future price. HCA 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, HCA Healthcare autocorrelation shows the relationship between HCA Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in HCA 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.Additional Tools for HCA Stock Analysis
When running HCA Healthcare's price analysis, check to measure HCA Healthcare'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 HCA Healthcare is operating at the current time. Most of HCA Healthcare's value examination focuses on studying past and present price action to predict the probability of HCA Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HCA Healthcare's price. Additionally, you may evaluate how the addition of HCA Healthcare to your portfolios can decrease your overall portfolio volatility.