National Healthcare Properties, Stock Market Value
| NHPBP Stock | 13.96 0.21 1.53% |
| Symbol | National |
Is REIT - Healthcare Facilities 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 National Healthcare. If investors know National 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 National Healthcare 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 National Healthcare is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Healthcare's value that differs from its market value or its book value, called intrinsic value, which is National Healthcare'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 National Healthcare's market value can be influenced by many factors that don't directly affect National Healthcare'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 National Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Healthcare'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.
National 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 National 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 National Healthcare.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in National Healthcare on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding National Healthcare Properties, or generate 0.0% return on investment in National Healthcare over 90 days. National Healthcare is related to or competes with Capri Holdings, SNDL, National Beverage, Jerash Holdings, Diageo PLC, and Crimson Wine. National Healthcare is entity of United States More
National 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 National 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 National Healthcare Properties, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0152 | |||
| Maximum Drawdown | 6.87 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.22 |
National Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Healthcare's standard deviation. In reality, there are many statistical measures that can use National Healthcare historical prices to predict the future National Healthcare's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.117 | |||
| Treynor Ratio | (0.28) |
National Healthcare Backtested Returns
National Healthcare has Sharpe Ratio of -0.0513, which conveys that the firm had a -0.0513 % return per unit of risk over the last 3 months. National Healthcare exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National Healthcare's Mean Deviation of 0.9365, risk adjusted performance of (0.05), and Standard Deviation of 1.43 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, National Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding National Healthcare is expected to be smaller as well. At this point, National Healthcare has a negative expected return of -0.0755%. Please make sure to verify National Healthcare's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if National Healthcare performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
National Healthcare Properties, has virtually no predictability. Overlapping area represents the amount of predictability between National Healthcare time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 National Healthcare price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current National Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
National Healthcare lagged returns against current returns
Autocorrelation, which is National 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 National Healthcare's stock expected returns. We can calculate the autocorrelation of National Healthcare returns to help us make a trade decision. For example, suppose you find that National 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 |
National 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 National Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
National Healthcare Lagged Returns
When evaluating National Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National Healthcare stock have on its future price. National 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, National Healthcare autocorrelation shows the relationship between National Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in National Healthcare Properties,.
Regressed Prices |
| Timeline |
Pair Trading with National Healthcare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if National Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in National Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving against National Stock
| 0.36 | DX | Dynex Capital | PairCorr |
| 0.31 | WELL | Welltower | PairCorr |
| 0.31 | AHT-PD | Ashford Hospitality Trust | PairCorr |
The ability to find closely correlated positions to National Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back National Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling National Healthcare Properties, to buy it.
The correlation of National Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as National Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for National Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for National Stock Analysis
When running National Healthcare's price analysis, check to measure National 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 National Healthcare is operating at the current time. Most of National Healthcare's value examination focuses on studying past and present price action to predict the probability of National 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 National Healthcare's price. Additionally, you may evaluate how the addition of National Healthcare to your portfolios can decrease your overall portfolio volatility.