HEALTHCARE TRPFD Earnings Per Share vs. EBITDA
| 4ON Stock | 13.00 0.30 2.36% |
For HEALTHCARE TRPFD profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HEALTHCARE TRPFD to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HEALTHCARE TRPFD SH utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HEALTHCARE TRPFD's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HEALTHCARE TRPFD SH over time as well as its relative position and ranking within its peers.
HEALTHCARE |
HEALTHCARE TRPFD EBITDA vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HEALTHCARE TRPFD's current stock value. Our valuation model uses many indicators to compare HEALTHCARE TRPFD value to that of its competitors to determine the firm's financial worth. HEALTHCARE TRPFD SH is number one stock in earnings per share category among its peers. It is rated below average in ebitda category among its peers . 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 HEALTHCARE TRPFD's earnings, one of the primary drivers of an investment's value.HEALTHCARE EBITDA vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
HEALTHCARE TRPFD |
| = | (1.02) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
HEALTHCARE TRPFD |
| = | 86.07 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
HEALTHCARE EBITDA Comparison
HEALTHCARE TRPFD is currently under evaluation in ebitda category among its peers.
HEALTHCARE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HEALTHCARE TRPFD. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of HEALTHCARE TRPFD position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the HEALTHCARE TRPFD's important profitability drivers and their relationship over time.
Use HEALTHCARE TRPFD in pair-trading
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 HEALTHCARE TRPFD 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 HEALTHCARE TRPFD will appreciate offsetting losses from the drop in the long position's value.HEALTHCARE TRPFD Pair Trading
HEALTHCARE TRPFD SH Pair Trading Analysis
The ability to find closely correlated positions to HEALTHCARE TRPFD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HEALTHCARE TRPFD 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 HEALTHCARE TRPFD - 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 HEALTHCARE TRPFD SH to buy it.
The correlation of HEALTHCARE TRPFD 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 HEALTHCARE TRPFD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HEALTHCARE TRPFD 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 HEALTHCARE TRPFD 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.Use Investing Themes to Complement your HEALTHCARE TRPFD position
In addition to having HEALTHCARE TRPFD in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hedge Favorites Theme or any other thematic opportunities.
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Other Information on Investing in HEALTHCARE Stock
To fully project HEALTHCARE TRPFD's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of HEALTHCARE TRPFD at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include HEALTHCARE TRPFD's income statement, its balance sheet, and the statement of cash flows.