Ehealth Stock Odds of Future Stock Price Finishing Over 131.52
| EHTH Stock | USD 4.55 0.06 1.34% |
Closest to current price EHealth long CALL Option Payoff at Expiration
EHealth |
EHealth Target Price Odds to finish over 131.52
The tendency of EHealth Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 131.52 or more in 90 days |
| 4.55 | 90 days | 131.52 | close to zero percent |
Based on a normal probability distribution, the odds of EHealth to move over $ 131.52 or more in 90 days from now is close to zero percent (This eHealth probability density function shows the probability of EHealth Stock to fall within a particular range of prices over 90 days) . Probability of eHealth price to stay between its current price of $ 4.55 and $ 131.52 at the end of the 90-day period is about 98.0 .
Given the investment horizon of 90 days EHealth has a beta of 0.24 suggesting as returns on the market go up, EHealth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding eHealth will be expected to be much smaller as well. Additionally EHealth has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. EHealth Price Density |
| Price |
Predictive Modules for EHealth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as eHealth. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EHealth'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.
EHealth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EHealth is not an exception. The market had few large corrections towards the EHealth's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold eHealth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EHealth within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.3 | |
β | Beta against NYSE Composite | 0.24 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | -0.08 |
EHealth Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of EHealth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for eHealth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| eHealth generated a negative expected return over the last 90 days | |
| eHealth has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 452.87 M. Net Loss for the year was (28.21 M) with profit before overhead, payroll, taxes, and interest of 403.71 M. | |
| eHealth currently holds about 164.75 M in cash with (6.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| eHealth has a frail financial position based on the latest SEC disclosures | |
| Over 77.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Market Cool On eHealth, Inc.s Revenues Pushing Shares 27 percent Lower |
EHealth Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of EHealth Stock often depends not only on the future outlook of the current and potential EHealth's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. EHealth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28 M | |
| Cash And Short Term Investments | 121.7 M |
EHealth Technical Analysis
EHealth's future price can be derived by breaking down and analyzing its technical indicators over time. EHealth Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of eHealth. In general, you should focus on analyzing EHealth Stock price patterns and their correlations with different microeconomic environments and drivers.
EHealth Predictive Forecast Models
EHealth's time-series forecasting models is one of many EHealth's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary EHealth's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about eHealth
Checking the ongoing alerts about EHealth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for eHealth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| eHealth generated a negative expected return over the last 90 days | |
| eHealth has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 452.87 M. Net Loss for the year was (28.21 M) with profit before overhead, payroll, taxes, and interest of 403.71 M. | |
| eHealth currently holds about 164.75 M in cash with (6.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| eHealth has a frail financial position based on the latest SEC disclosures | |
| Over 77.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Market Cool On eHealth, Inc.s Revenues Pushing Shares 27 percent Lower |
Check out EHealth Backtesting, EHealth Valuation, EHealth Correlation, EHealth Hype Analysis, EHealth Volatility, EHealth History as well as EHealth Performance. For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for EHealth Stock analysis
When running EHealth's price analysis, check to measure EHealth'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 EHealth is operating at the current time. Most of EHealth's value examination focuses on studying past and present price action to predict the probability of EHealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EHealth's price. Additionally, you may evaluate how the addition of EHealth to your portfolios can decrease your overall portfolio volatility.
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Is EHealth's industry 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 (2.37) | Revenue Per Share 16.165 | Quarterly Revenue Growth 0.262 | Return On Assets (0.02) |
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.