Euda Health Holdings Stock Market Value
| EUDA Stock | 4.32 0.07 1.59% |
| Symbol | EUDA |
EUDA Health Holdings Price To Book Ratio
Is Health Care Equipment & Supplies 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 EUDA Health. If investors know EUDA 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 EUDA Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.62) | Revenue Per Share 0.144 | Quarterly Revenue Growth (0.14) | Return On Assets (0.86) |
The market value of EUDA Health Holdings is measured differently than its book value, which is the value of EUDA that is recorded on the company's balance sheet. Investors also form their own opinion of EUDA Health's value that differs from its market value or its book value, called intrinsic value, which is EUDA 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 EUDA Health's market value can be influenced by many factors that don't directly affect EUDA 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 EUDA Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if EUDA Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EUDA 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.
EUDA 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 EUDA 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 EUDA Health.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in EUDA Health on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding EUDA Health Holdings or generate 0.0% return on investment in EUDA Health over 30 days. EUDA Health is related to or competes with Healthcare Triangle, Bullfrog, Mangoceuticals, Common, FOXO Technologies, Aclarion, Heartbeam, and Nutex Health. EUDA Health is entity of United States. It is traded as Stock on NASDAQ exchange. More
EUDA 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 EUDA 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 EUDA Health Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.04 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 26.33 | |||
| Value At Risk | (10.50) | |||
| Potential Upside | 9.7 |
EUDA Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EUDA Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EUDA Health's standard deviation. In reality, there are many statistical measures that can use EUDA Health historical prices to predict the future EUDA Health's volatility.| Risk Adjusted Performance | 0.0186 | |||
| Jensen Alpha | 0.0063 | |||
| Total Risk Alpha | (0.86) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1269 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EUDA Health'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.
EUDA Health Holdings Backtested Returns
At this point, EUDA Health is very risky. EUDA Health Holdings secures Sharpe Ratio (or Efficiency) of 0.0172, which denotes the company had a 0.0172% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for EUDA Health Holdings, which you can use to evaluate the volatility of the firm. Please confirm EUDA Health's Downside Deviation of 7.04, coefficient of variation of 7767.56, and Mean Deviation of 4.66 to check if the risk estimate we provide is consistent with the expected return of 0.11%. EUDA Health has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, EUDA Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding EUDA Health is expected to be smaller as well. EUDA Health Holdings now shows a risk of 6.15%. Please confirm EUDA Health Holdings jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if EUDA Health Holdings will be following its price patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
EUDA Health Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between EUDA 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 EUDA Health Holdings price movement. The serial correlation of -0.43 indicates that just about 43.0% of current EUDA Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
EUDA Health Holdings lagged returns against current returns
Autocorrelation, which is EUDA 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 EUDA Health's stock expected returns. We can calculate the autocorrelation of EUDA Health returns to help us make a trade decision. For example, suppose you find that EUDA 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 |
EUDA 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 EUDA Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EUDA Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EUDA Health stock over time.
Current vs Lagged Prices |
| Timeline |
EUDA Health Lagged Returns
When evaluating EUDA Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EUDA Health stock have on its future price. EUDA 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, EUDA Health autocorrelation shows the relationship between EUDA Health stock current value and its past values and can show if there is a momentum factor associated with investing in EUDA Health Holdings.
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 EUDA Health Holdings is a strong investment it is important to analyze EUDA Health'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 EUDA Health's future performance. For an informed investment choice regarding EUDA Stock, refer to the following important reports:Check out EUDA Health Correlation, EUDA Health Volatility and EUDA Health Alpha and Beta module to complement your research on EUDA Health. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
EUDA 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.