Healthy Choice Wellness Stock Market Value
| HCWC Stock | 1.10 0.03 2.65% |
| Symbol | Healthy |
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.
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.
Healthy Choice '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 Healthy Choice'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 Healthy Choice.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in Healthy Choice on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Healthy Choice Wellness or generate 0.0% return on investment in Healthy Choice over 30 days. Healthy Choice is related to or competes with Compania Cervecerias, Penn National, Boyd Gaming, Ainsworth Game, Turning Point, and GameStop Corp. Healthy Choice is entity of United States More
Healthy Choice 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 Healthy Choice'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 Healthy Choice Wellness upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 43.77 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 11.54 |
Healthy Choice Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Healthy Choice's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Healthy Choice's standard deviation. In reality, there are many statistical measures that can use Healthy Choice historical prices to predict the future Healthy Choice's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.88) | |||
| Total Risk Alpha | (0.99) | |||
| Treynor Ratio | (0.75) |
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.
Healthy Choice Wellness Backtested Returns
Healthy Choice Wellness holds Efficiency (Sharpe) Ratio of -0.0835, which attests that the entity had a -0.0835% return per unit of standard deviation over the last 3 months. Healthy Choice Wellness exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Healthy Choice's market risk adjusted performance of (0.74), and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.16, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Healthy Choice will likely underperform. At this point, Healthy Choice Wellness has a negative expected return of -0.69%. Please make sure to check out Healthy Choice's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Healthy Choice Wellness performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.93 |
Near perfect reversele predictability
Healthy Choice Wellness has near perfect reversele predictability. Overlapping area represents the amount of predictability between Healthy Choice time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th of January 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 Healthy Choice Wellness price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current Healthy Choice price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.93 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Healthy Choice Wellness lagged returns against current returns
Autocorrelation, which is Healthy Choice 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 Healthy Choice's stock expected returns. We can calculate the autocorrelation of Healthy Choice returns to help us make a trade decision. For example, suppose you find that Healthy Choice 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 |
Healthy Choice 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 Healthy Choice stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Healthy Choice stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Healthy Choice stock over time.
Current vs Lagged Prices |
| Timeline |
Healthy Choice Lagged Returns
When evaluating Healthy Choice's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Healthy Choice stock have on its future price. Healthy Choice 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, Healthy Choice autocorrelation shows the relationship between Healthy Choice stock current value and its past values and can show if there is a momentum factor associated with investing in Healthy Choice Wellness.
Regressed Prices |
| Timeline |
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Check out Healthy Choice Correlation, Healthy Choice Volatility and Healthy Choice Alpha and Beta module to complement your research on Healthy Choice. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Healthy Choice 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.