WELL Health Stock Forecast - Daily Balance Of Power
| WELL Stock | CAD 7.10 0.08 1.14% |
WELL Stock Forecast is based on your current time horizon. Although WELL Health's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of WELL Health's systematic risk associated with finding meaningful patterns of WELL Health fundamentals over time.
WELL |
| Check WELL Health Volatility | Backtest WELL Health | Trend Details |
WELL Health Trading Date Momentum
| On October 31 2024 WELL Health Technologies was traded for 4.43 at the closing time. The highest price during the trading period was 4.44 and the lowest recorded bid was listed for 4.35 . The volume for the day was 520.3 K. This history from October 31, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 0.23% . The trading price change to the current price is 0.45% . |
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 WELL Health
For every potential investor in WELL, whether a beginner or expert, WELL Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. WELL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in WELL. Basic forecasting techniques help filter out the noise by identifying WELL Health's price trends.WELL Health 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 WELL Health stock to make a market-neutral strategy. Peer analysis of WELL Health could also be used in its relative valuation, which is a method of valuing WELL Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
WELL Health Technologies 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 WELL Health'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 WELL Health's current price.| Cycle Indicators | ||
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WELL Health Market Strength Events
Market strength indicators help investors to evaluate how WELL Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WELL Health shares will generate the highest return on investment. By undertsting and applying WELL Health stock market strength indicators, traders can identify WELL Health Technologies entry and exit signals to maximize returns.
WELL Health Risk Indicators
The analysis of WELL Health'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 WELL Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting well 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.
| Mean Deviation | 1.98 | |||
| Semi Deviation | 1.59 | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.3 | |||
| Downside Variance | 5.35 | |||
| Semi Variance | 2.51 | |||
| Expected Short fall | (2.47) |
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.
Other Information on Investing in WELL Stock
WELL Health financial ratios help investors to determine whether WELL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WELL with respect to the benefits of owning WELL Health security.