Will Apple create an Apple Ring like the Oura and Galaxy ring?

I love my Apple Watch, but I personally don’t like to have things on my wrist. I wish they made something like the Oura or Galaxy ring that would be able to do the same thing the watch does. I’ve considered buying an Oura ring but I rather have something that apple made that would connect with the health features on the phone and give you alerts when it notices changes in your stress or sleep or heart rate.