Regional Health's market value is the price at which a share of Regional Health trades on a public exchange. It measures the collective expectations of Regional Health Properties investors about its performance. Regional Health is trading at 5.00 as of the 26th of December 2024, a 28.21% up since the beginning of the trading day. The stock's open price was 3.9. With this module, you can estimate the performance of a buy and hold strategy of Regional Health Properties and determine expected loss or profit from investing in Regional Health over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Symbol
Regional
Regional 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 Regional Health's otc 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 Regional Health.
0.00
06/29/2024
No Change 0.00
0.0
In 5 months and 29 days
12/26/2024
0.00
If you would invest 0.00 in Regional Health on June 29, 2024 and sell it all today you would earn a total of 0.00 from holding Regional Health Properties or generate 0.0% return on investment in Regional Health over 180 days.
Regional 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 Regional Health's otc 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 Regional Health Properties upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Regional Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Regional Health's standard deviation. In reality, there are many statistical measures that can use Regional Health historical prices to predict the future Regional Health's volatility.
Regional Health Prop maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Regional Health's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please evaluate Regional Health's Coefficient Of Variation of 886.69, risk adjusted performance of 0.099, and Semi Deviation of 3.85 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Regional Health holds a performance score of 8. The company holds a Beta of 0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Regional Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Regional Health is expected to be smaller as well. Please check Regional Health's jensen alpha, potential upside, daily balance of power, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Regional Health's historical price patterns will revert.
Auto-correlation
-0.47
Modest reverse predictability
Regional Health Properties has modest reverse predictability. Overlapping area represents the amount of predictability between Regional Health time series from 29th of June 2024 to 27th of September 2024 and 27th of September 2024 to 26th of December 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 Regional Health Prop price movement. The serial correlation of -0.47 indicates that about 47.0% of current Regional Health price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.47
Spearman Rank Test
-0.46
Residual Average
0.0
Price Variance
0.41
Regional Health Prop lagged returns against current returns
Autocorrelation, which is Regional Health otc 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 Regional Health's otc stock expected returns. We can calculate the autocorrelation of Regional Health returns to help us make a trade decision. For example, suppose you find that Regional Health has exhibited high autocorrelation historically, and you observe that the otc 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
Regional 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 Regional Health otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Regional Health otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Regional Health otc stock over time.
Current vs Lagged Prices
Timeline
Regional Health Lagged Returns
When evaluating Regional Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Regional Health otc stock have on its future price. Regional 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, Regional Health autocorrelation shows the relationship between Regional Health otc stock current value and its past values and can show if there is a momentum factor associated with investing in Regional Health Properties.
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.