Health Care Financial Statements From 2010 to 2024
FSHCX Fund | USD 127.00 0.36 0.28% |
Check Health Care financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Health Care's main balance sheet or income statement drivers, such as , as well as many indicators such as . Health financial statements analysis is a perfect complement when working with Health Care Valuation or Volatility modules.
Health |
Health Care Services Mutual Fund Price To Sales Analysis
Health Care's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Health Care Price To Sales | 0.58 X |
Most of Health Care's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Health Care Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Based on the latest financial disclosure, Health Care Services has a Price To Sales of 0.58 times. This is 35.56% lower than that of the Fidelity Investments family and significantly higher than that of the Health category. The price to sales for all United States funds is 4.92% higher than that of the company.
Health Care Services Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Health Care's current stock value. Our valuation model uses many indicators to compare Health Care value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Health Care competition to find correlations between indicators driving Health Care's intrinsic value. More Info.Health Care Services is rated # 5 fund in price to earning among similar funds. It also is rated # 5 fund in price to book among similar funds fabricating about 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Health Care Services is roughly 6.80 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Health Care's earnings, one of the primary drivers of an investment's value.About Health Care Financial Statements
Health Care investors use historical fundamental indicators, such as Health Care's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Health Care. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of assets in securities of companies principally engaged in the ownership or management of hospitals, nursing homes, health maintenance organizations, and other companies specializing in the delivery of health care services. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.
Also Currently Popular
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.Other Information on Investing in Health Mutual Fund
Health Care financial ratios help investors to determine whether Health Mutual Fund 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 Health with respect to the benefits of owning Health Care security.
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