EHealth Stock Forecast - Daily Balance Of Power

EHTH Stock  USD 8.32  0.04  0.48%   
EHealth Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of EHealth's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The EHealth's current Fixed Asset Turnover is estimated to increase to 24.66, while Inventory Turnover is projected to decrease to 0.1. . The current Common Stock Shares Outstanding is estimated to decrease to about 21.4 M. The EHealth's current Net Loss is estimated to increase to about (102.1 M).
On December 22, 2024 eHealth had Daily Balance Of Power of 0.0857. Balance of Power indicator (or BOP) measures the strength of eHealth market sensitivity to bulls and bears. It estimates the ability of EHealth buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring EHealth Balance of Power indicator one can determine a trend of the price direction.
Check EHealth VolatilityBacktest EHealthInformation Ratio  

EHealth Trading Date Momentum

On December 22 2024 eHealth was traded for  8.32  at the closing time. The top price for the day was 8.48  and the lowest listed price was  8.13 . There was no trading activity during the period 0.0. Lack of trading volume on December 22, 2024 had no short-term effect on price fluctuation. The trading date delta against the current closing price is 0.36% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for EHealth

For every potential investor in EHealth, whether a beginner or expert, EHealth's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EHealth Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EHealth. Basic forecasting techniques help filter out the noise by identifying EHealth's price trends.

EHealth Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EHealth stock to make a market-neutral strategy. Peer analysis of EHealth could also be used in its relative valuation, which is a method of valuing EHealth by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

eHealth Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of EHealth's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of EHealth's current price.

EHealth Market Strength Events

Market strength indicators help investors to evaluate how EHealth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EHealth shares will generate the highest return on investment. By undertsting and applying EHealth stock market strength indicators, traders can identify eHealth entry and exit signals to maximize returns.

EHealth Risk Indicators

The analysis of EHealth's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in EHealth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ehealth stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether eHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EHealth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ehealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ehealth Stock:
Check out Historical Fundamental Analysis of EHealth to cross-verify your projections.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Insurance Brokers 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 EHealth. If investors know EHealth 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 EHealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.108
Earnings Share
(2.62)
Revenue Per Share
16.016
Quarterly Revenue Growth
(0.1)
Return On Assets
(0.01)
The market value of eHealth is measured differently than its book value, which is the value of EHealth that is recorded on the company's balance sheet. Investors also form their own opinion of EHealth's value that differs from its market value or its book value, called intrinsic value, which is EHealth'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 EHealth's market value can be influenced by many factors that don't directly affect EHealth'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 EHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if EHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EHealth'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.