Heartcore Enterprises Stock Market Value
| HTCR Stock | USD 1.33 0.01 0.76% |
| Symbol | HeartCore |
HeartCore Enterprises Price To Book Ratio
Is Application Software 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 HeartCore Enterprises. If investors know HeartCore 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 HeartCore Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.23 | Revenue Per Share | Quarterly Revenue Growth 2.807 | Return On Assets | Return On Equity |
The market value of HeartCore Enterprises is measured differently than its book value, which is the value of HeartCore that is recorded on the company's balance sheet. Investors also form their own opinion of HeartCore Enterprises' value that differs from its market value or its book value, called intrinsic value, which is HeartCore Enterprises' 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 HeartCore Enterprises' market value can be influenced by many factors that don't directly affect HeartCore Enterprises' 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 HeartCore Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if HeartCore Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HeartCore Enterprises' 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.
HeartCore Enterprises '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 HeartCore Enterprises' 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 HeartCore Enterprises.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in HeartCore Enterprises on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding HeartCore Enterprises or generate 0.0% return on investment in HeartCore Enterprises over 30 days. HeartCore Enterprises is related to or competes with Wearable Devices, Intelligent Living, and Akanda Corp. HeartCore Enterprises, Inc., a software development company, provides Software as a Service solutions to enterprise cust... More
HeartCore Enterprises 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 HeartCore Enterprises' 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 HeartCore Enterprises upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.23 | |||
| Information Ratio | 0.0504 | |||
| Maximum Drawdown | 78.6 | |||
| Value At Risk | (15.12) | |||
| Potential Upside | 10.27 |
HeartCore Enterprises Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HeartCore Enterprises' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HeartCore Enterprises' standard deviation. In reality, there are many statistical measures that can use HeartCore Enterprises historical prices to predict the future HeartCore Enterprises' volatility.| Risk Adjusted Performance | 0.0466 | |||
| Jensen Alpha | 0.5186 | |||
| Total Risk Alpha | 0.6041 | |||
| Sortino Ratio | 0.0563 | |||
| Treynor Ratio | 0.6445 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HeartCore Enterprises' 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.
HeartCore Enterprises Backtested Returns
Currently, HeartCore Enterprises is extremely dangerous. HeartCore Enterprises holds Efficiency (Sharpe) Ratio of 0.0102, which attests that the entity had a 0.0102 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for HeartCore Enterprises, which you can use to evaluate the volatility of the firm. Please check out HeartCore Enterprises' market risk adjusted performance of 0.6545, and Risk Adjusted Performance of 0.0466 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The company retains a Market Volatility (i.e., Beta) of 0.8, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HeartCore Enterprises' returns are expected to increase less than the market. However, during the bear market, the loss of holding HeartCore Enterprises is expected to be smaller as well. HeartCore Enterprises right now retains a risk of 10.75%. Please check out HeartCore Enterprises coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if HeartCore Enterprises will be following its current trending patterns.
Auto-correlation | -0.25 |
Weak reverse predictability
HeartCore Enterprises has weak reverse predictability. Overlapping area represents the amount of predictability between HeartCore Enterprises time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 HeartCore Enterprises price movement. The serial correlation of -0.25 indicates that over 25.0% of current HeartCore Enterprises price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
HeartCore Enterprises lagged returns against current returns
Autocorrelation, which is HeartCore Enterprises 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 HeartCore Enterprises' stock expected returns. We can calculate the autocorrelation of HeartCore Enterprises returns to help us make a trade decision. For example, suppose you find that HeartCore Enterprises 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 |
HeartCore Enterprises 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 HeartCore Enterprises stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HeartCore Enterprises stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HeartCore Enterprises stock over time.
Current vs Lagged Prices |
| Timeline |
HeartCore Enterprises Lagged Returns
When evaluating HeartCore Enterprises' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HeartCore Enterprises stock have on its future price. HeartCore Enterprises 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, HeartCore Enterprises autocorrelation shows the relationship between HeartCore Enterprises stock current value and its past values and can show if there is a momentum factor associated with investing in HeartCore Enterprises.
Regressed Prices |
| Timeline |
Additional Tools for HeartCore Stock Analysis
When running HeartCore Enterprises' price analysis, check to measure HeartCore Enterprises' 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 HeartCore Enterprises is operating at the current time. Most of HeartCore Enterprises' value examination focuses on studying past and present price action to predict the probability of HeartCore Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HeartCore Enterprises' price. Additionally, you may evaluate how the addition of HeartCore Enterprises to your portfolios can decrease your overall portfolio volatility.