Hardik Mehta - Quipt Home Chief Officer
| QIPT Stock | 4.29 0.38 9.72% |
Executive
Hardik Mehta is Chief Officer of Quipt Home Medical
| Address | 1019 Town Drive, Wilder, KY, United States, 41076 |
| Phone | 859 878 2220 |
| Web | https://quipthomemedical.com |
Hardik Mehta Latest Insider Activity
Tracking and analyzing the buying and selling activities of Hardik Mehta against Quipt Home stock is an integral part of due diligence when investing in Quipt Home. Hardik Mehta insider activity provides valuable insight into whether Quipt Home is net buyers or sellers over its current business cycle. Note, Quipt Home insiders must abide by specific rules, including filing SEC forms every time they buy or sell Quipt Home'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Hardik Mehta few days ago Insider Trading |
Quipt Home Management Efficiency
The company has return on total asset (ROA) of 0.0115 % which means that it generated a profit of $0.0115 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0451) %, meaning that it generated substantial loss on money invested by shareholders. Quipt Home's management efficiency ratios could be used to measure how well Quipt Home manages its routine affairs as well as how well it operates its assets and liabilities. As of the 14th of December 2024, Return On Tangible Assets is likely to drop to -0.02. In addition to that, Return On Capital Employed is likely to drop to 0.02. At this time, Quipt Home's Intangibles To Total Assets are very stable compared to the past year. As of the 14th of December 2024, Fixed Asset Turnover is likely to grow to 5.50, while Other Assets are likely to drop about 90.3 K.Similar Executives
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Management Performance
| Return On Equity | -0.0451 | ||||
| Return On Asset | 0.0115 |
Quipt Home Medical Leadership Team
Elected by the shareholders, the Quipt Home's board of directors comprises two types of representatives: Quipt Home inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Quipt. The board's role is to monitor Quipt Home's management team and ensure that shareholders' interests are well served. Quipt Home's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Quipt Home's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Hardik Mehta, Chief Officer | ||
| William Zehnder, Chief Relations | ||
| Robert LLB, Corporate Secretary | ||
| Mark Miles, Vice Technology | ||
| David Bachelder, Executive Operations | ||
| Gregory Crawford, President Chairman | ||
| Cole Stevens, VP Relations | ||
| Thomas Roehrig, Executive Finance | ||
| Patrick Gamble, Executive Operations |
Quipt Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Quipt Home a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.0451 | ||||
| Return On Asset | 0.0115 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 290.46 M | ||||
| Shares Outstanding | 43.09 M | ||||
| Shares Owned By Insiders | 3.80 % | ||||
| Shares Owned By Institutions | 55.07 % | ||||
| Number Of Shares Shorted | 467.36 K | ||||
| Price To Book | 1.08 X |
Pair Trading with Quipt Home
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Quipt Home position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Quipt Home will appreciate offsetting losses from the drop in the long position's value.Moving against Quipt Stock
The ability to find closely correlated positions to Quipt Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quipt Home when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quipt Home - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quipt Home Medical to buy it.
The correlation of Quipt Home is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quipt Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quipt Home Medical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quipt Home can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quipt Home Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.