Score 8.6 (out of 10): HCA HEALTHCARE INC poised to seasonally rally by +11.5% during the next 60 days.

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What’s Going On Here?

HCA is one of the nation’s leading providers of healthcare services comprising of 183 hospitals and 2,000 ambulatory sites of care. The company is building 3 new Florida hospitals as part of a $3bn investment. Deutsche Bank just upgraded the stock and sees +20% upside for 2022.

Why Now?

HCA HEALTHCARE INC indicates an interesting 60 days seasonal set up. During similar occasions, HCA HEALTHCARE INC shares had a median return of +11.5% – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for HCA HEALTHCARE INC received a high score of 8.6 (out of 10). This insight was generated with last price of 247.03.

What’s This Company About?

HCA HEALTHCARE INC is in the Medical-Hospitals business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth 13.5% more (average). Ticker symbol: HCA US.

What’s My Risk / Reward and Time Horizon?

We found 60 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 275.43 (+11.5%) has been reached. Based on HCA HEALTHCARE INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 231.93 (last price at 247.03), which is equivalent to a -6.1% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

7.6% (December-2021), 3.6% (December-2020), 16.6% (December-2019), 16.2% (December- 2018), 15.6% (December-2017), 0.8% (December-2016), -6.2% (December-2015), 8.6% (December-2014), 14.4% (December-2013), 19.6% (December-2012)

Historical Chart:

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Summary:

NameHCA HEALTHCARE INC
ViewUp
Star (1 to 10)8.6
Target+11.5%
Time60 days
Hit Rate90%

Popular Insights:

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