Healthconn Corp Stock Cash Per Share
| 6665 Stock | TWD 21.15 0.15 0.71% |
Healthconn Corp fundamentals help investors to digest information that contributes to Healthconn Corp's financial success or failures. It also enables traders to predict the movement of Healthconn Stock. The fundamental analysis module provides a way to measure Healthconn Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Healthconn Corp stock.
Healthconn |
Healthconn Corp Company Cash Per Share Analysis
Healthconn Corp's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Healthconn Corp Cash Per Share | 21.41 X |
Most of Healthconn Corp's fundamental indicators, such as Cash Per Share, 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, Healthconn Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
| Competition |
In accordance with the recently published financial statements, Healthconn Corp has a Cash Per Share of 21.41 times. This is 392.18% higher than that of the Healthcare sector and significantly higher than that of the Healthcare Plans industry. The cash per share for all Taiwan stocks is notably lower than that of the firm.
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Healthconn Fundamentals
| Price To Earning | 21.70 X | |||
| EBITDA | 181.21 M | |||
| Net Income | 118.03 M | |||
| Cash And Equivalents | 950.2 M | |||
| Cash Per Share | 21.41 X | |||
| Total Debt | 405.87 M | |||
| Debt To Equity | 0.41 % | |||
| Current Ratio | 2.14 X | |||
| Book Value Per Share | 22.32 X | |||
| Cash Flow From Operations | 302.18 M | |||
| Earnings Per Share | 2.59 X | |||
| Number Of Employees | 12 | |||
| Beta | 1.3 | |||
| Market Capitalization | 2.52 B | |||
| Z Score | 3.6 | |||
| Last Dividend Paid | 4.56 |
About Healthconn Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Healthconn Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Healthconn Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Healthconn Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Healthconn Corp
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 Healthconn Corp 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 Healthconn Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Healthconn Stock
| 0.79 | 2603 | Evergreen Marine Corp | PairCorr |
| 0.71 | 2609 | Yang Ming Marine | PairCorr |
| 0.59 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.56 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.56 | 0057 | Fubon MSCI Taiwan | PairCorr |
The ability to find closely correlated positions to Healthconn Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Healthconn Corp 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 Healthconn Corp - 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 Healthconn Corp to buy it.
The correlation of Healthconn Corp 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 Healthconn Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Healthconn Corp 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 Healthconn Corp 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.Additional Tools for Healthconn Stock Analysis
When running Healthconn Corp's price analysis, check to measure Healthconn Corp'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 Healthconn Corp is operating at the current time. Most of Healthconn Corp's value examination focuses on studying past and present price action to predict the probability of Healthconn Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthconn Corp's price. Additionally, you may evaluate how the addition of Healthconn Corp to your portfolios can decrease your overall portfolio volatility.