Ewellness Healthcare Corp Stock Market Value
EWellness Healthcare's market value is the price at which a share of EWellness Healthcare trades on a public exchange. It measures the collective expectations of eWellness Healthcare Corp investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of eWellness Healthcare Corp and determine expected loss or profit from investing in EWellness Healthcare over a given investment horizon. Check out EWellness Healthcare Correlation, EWellness Healthcare Volatility and EWellness Healthcare Alpha and Beta module to complement your research on EWellness Healthcare.
Symbol | EWellness |
EWellness 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 EWellness Healthcare's pink sheet 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 EWellness Healthcare.
11/10/2024 |
| 12/10/2024 |
If you would invest 0.00 in EWellness Healthcare on November 10, 2024 and sell it all today you would earn a total of 0.00 from holding eWellness Healthcare Corp or generate 0.0% return on investment in EWellness Healthcare over 30 days. EWellness Healthcare is related to or competes with M3, Healthcare Triangle, EUDA Health, MultiPlan, and FOXO Technologies. eWellness Healthcare Corporation, a physical therapy telehealth company, provides real-time distance monitored assessmen... More
EWellness 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 EWellness Healthcare's pink sheet 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 eWellness Healthcare Corp upside and downside potential and time the market with a certain degree of confidence.
EWellness Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EWellness Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EWellness Healthcare's standard deviation. In reality, there are many statistical measures that can use EWellness Healthcare historical prices to predict the future EWellness Healthcare's volatility.eWellness Healthcare Corp Backtested Returns
We have found zero technical indicators for eWellness Healthcare Corp, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and EWellness Healthcare are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
eWellness Healthcare Corp has no correlation between past and present. Overlapping area represents the amount of predictability between EWellness Healthcare time series from 10th of November 2024 to 25th of November 2024 and 25th of November 2024 to 10th 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 eWellness Healthcare Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current EWellness Healthcare price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
eWellness Healthcare Corp lagged returns against current returns
Autocorrelation, which is EWellness Healthcare pink sheet'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 EWellness Healthcare's pink sheet expected returns. We can calculate the autocorrelation of EWellness Healthcare returns to help us make a trade decision. For example, suppose you find that EWellness Healthcare has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
EWellness 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 EWellness Healthcare pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EWellness Healthcare pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EWellness Healthcare pink sheet over time.
Current vs Lagged Prices |
Timeline |
EWellness Healthcare Lagged Returns
When evaluating EWellness Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EWellness Healthcare pink sheet have on its future price. EWellness 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, EWellness Healthcare autocorrelation shows the relationship between EWellness Healthcare pink sheet current value and its past values and can show if there is a momentum factor associated with investing in eWellness Healthcare Corp.
Regressed Prices |
Timeline |
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EWellness Healthcare financial ratios help investors to determine whether EWellness Pink Sheet 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 EWellness with respect to the benefits of owning EWellness Healthcare security.