Encompass Health Corp Stock Market Value
| EHC Stock | USD 102.84 0.93 0.90% |
| Symbol | Encompass |
Encompass Health Corp 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 Encompass Health. If investors know Encompass 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 Encompass Health 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 0.26 | Dividend Share 0.62 | Earnings Share 4.25 | Revenue Per Share 52.255 | Quarterly Revenue Growth 0.119 |
The market value of Encompass Health Corp is measured differently than its book value, which is the value of Encompass that is recorded on the company's balance sheet. Investors also form their own opinion of Encompass Health's value that differs from its market value or its book value, called intrinsic value, which is Encompass Health'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 Encompass Health's market value can be influenced by many factors that don't directly affect Encompass Health'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 Encompass Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encompass Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encompass Health'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.
Encompass Health '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 Encompass Health'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 Encompass Health.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Encompass Health on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Encompass Health Corp or generate 0.0% return on investment in Encompass Health over 30 days. Encompass Health is related to or competes with Pennant, Ensign, InnovAge Holding, ModivCare, Acadia Healthcare, Select Medical, and Addus HomeCare. Encompass Health Corporation provides facility-based and home-based post-acute healthcare services in the United States More
Encompass Health 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 Encompass Health'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 Encompass Health Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0486 | |||
| Maximum Drawdown | 9.75 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 1.74 |
Encompass Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Encompass Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Encompass Health's standard deviation. In reality, there are many statistical measures that can use Encompass Health historical prices to predict the future Encompass Health's volatility.| Risk Adjusted Performance | 0.1112 | |||
| Jensen Alpha | 0.1402 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.062 | |||
| Treynor Ratio | 0.4972 |
Encompass Health Corp Backtested Returns
At this point, Encompass Health is very steady. Encompass Health Corp secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Encompass Health Corp, which you can use to evaluate the volatility of the firm. Please confirm Encompass Health's Downside Deviation of 1.08, mean deviation of 0.9068, and Semi Deviation of 0.8426 to check if the risk estimate we provide is consistent with the expected return of 0.17%. Encompass Health has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, Encompass Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Encompass Health is expected to be smaller as well. Encompass Health Corp right now shows a risk of 1.4%. Please confirm Encompass Health Corp jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if Encompass Health Corp will be following its price patterns.
Auto-correlation | 0.77 |
Good predictability
Encompass Health Corp has good predictability. Overlapping area represents the amount of predictability between Encompass Health time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Encompass Health Corp price movement. The serial correlation of 0.77 indicates that around 77.0% of current Encompass Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 3.04 |
Encompass Health Corp lagged returns against current returns
Autocorrelation, which is Encompass Health 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 Encompass Health's stock expected returns. We can calculate the autocorrelation of Encompass Health returns to help us make a trade decision. For example, suppose you find that Encompass Health 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 |
Encompass Health 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 Encompass Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Encompass Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Encompass Health stock over time.
Current vs Lagged Prices |
| Timeline |
Encompass Health Lagged Returns
When evaluating Encompass Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Encompass Health stock have on its future price. Encompass Health 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, Encompass Health autocorrelation shows the relationship between Encompass Health stock current value and its past values and can show if there is a momentum factor associated with investing in Encompass Health Corp.
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 Encompass Health Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Encompass Health'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 Encompass Health Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Encompass Health Corp Stock:Check out Encompass Health Correlation, Encompass Health Volatility and Encompass Health Alpha and Beta module to complement your research on Encompass Health. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Encompass Health 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.