Heartbeam Warrant Stock Market Value
| BEATW Stock | USD 0.82 0.02 2.50% |
| Symbol | Heartbeam |
Heartbeam Warrant Price To Book Ratio
Is Health Care Equipment & Supplies 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 Heartbeam Warrant. If investors know Heartbeam 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 Heartbeam Warrant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.49) | Return On Assets (0.90) | Return On Equity (1.64) |
The market value of Heartbeam Warrant is measured differently than its book value, which is the value of Heartbeam that is recorded on the company's balance sheet. Investors also form their own opinion of Heartbeam Warrant's value that differs from its market value or its book value, called intrinsic value, which is Heartbeam Warrant'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 Heartbeam Warrant's market value can be influenced by many factors that don't directly affect Heartbeam Warrant'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 Heartbeam Warrant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartbeam Warrant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartbeam Warrant'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.
Heartbeam Warrant '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 Heartbeam Warrant'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 Heartbeam Warrant.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Heartbeam Warrant on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Heartbeam Warrant or generate 0.0% return on investment in Heartbeam Warrant over 30 days. Heartbeam Warrant is related to or competes with Avita Medical, Inogen, and Apyx Medical. Heartbeam Warrant is entity of United States More
Heartbeam Warrant 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 Heartbeam Warrant'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 Heartbeam Warrant upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.72 | |||
| Information Ratio | 0.1047 | |||
| Maximum Drawdown | 45.79 | |||
| Value At Risk | (10.96) | |||
| Potential Upside | 13.04 |
Heartbeam Warrant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heartbeam Warrant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heartbeam Warrant's standard deviation. In reality, there are many statistical measures that can use Heartbeam Warrant historical prices to predict the future Heartbeam Warrant's volatility.| Risk Adjusted Performance | 0.0911 | |||
| Jensen Alpha | 0.8454 | |||
| Total Risk Alpha | 0.259 | |||
| Sortino Ratio | 0.1087 | |||
| Treynor Ratio | 0.9981 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Heartbeam Warrant's 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.
Heartbeam Warrant Backtested Returns
Heartbeam Warrant is out of control given 3 months investment horizon. Heartbeam Warrant holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Heartbeam Warrant market risk adjusted performance of 1.01, and Risk Adjusted Performance of 0.0911 to evaluate company specific risk that cannot be diversified away. Heartbeam Warrant holds a performance score of 11 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.9, which attests to possible diversification benefits within a given portfolio. Heartbeam Warrant returns are very sensitive to returns on the market. As the market goes up or down, Heartbeam Warrant is expected to follow. Use Heartbeam Warrant standard deviation and the relationship between the value at risk and market facilitation index , to analyze future returns on Heartbeam Warrant.
Auto-correlation | -0.09 |
Very weak reverse predictability
Heartbeam Warrant has very weak reverse predictability. Overlapping area represents the amount of predictability between Heartbeam Warrant time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Heartbeam Warrant price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Heartbeam Warrant price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Heartbeam Warrant lagged returns against current returns
Autocorrelation, which is Heartbeam Warrant 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 Heartbeam Warrant's stock expected returns. We can calculate the autocorrelation of Heartbeam Warrant returns to help us make a trade decision. For example, suppose you find that Heartbeam Warrant 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 |
Heartbeam Warrant 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 Heartbeam Warrant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heartbeam Warrant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heartbeam Warrant stock over time.
Current vs Lagged Prices |
| Timeline |
Heartbeam Warrant Lagged Returns
When evaluating Heartbeam Warrant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heartbeam Warrant stock have on its future price. Heartbeam Warrant 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, Heartbeam Warrant autocorrelation shows the relationship between Heartbeam Warrant stock current value and its past values and can show if there is a momentum factor associated with investing in Heartbeam Warrant.
Regressed Prices |
| Timeline |
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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.Additional Tools for Heartbeam Stock Analysis
When running Heartbeam Warrant's price analysis, check to measure Heartbeam Warrant'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 Heartbeam Warrant is operating at the current time. Most of Heartbeam Warrant's value examination focuses on studying past and present price action to predict the probability of Heartbeam Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartbeam Warrant's price. Additionally, you may evaluate how the addition of Heartbeam Warrant to your portfolios can decrease your overall portfolio volatility.