HEALTHCARE TRPFD Gross Profit vs. Book Value Per Share
| 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 Book Value Per Share vs. Gross Profit 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 rated second in gross profit category among its peers. It is number one stock in book value per share category among its peers . The ratio of Gross Profit to Book Value Per Share for HEALTHCARE TRPFD SH is about 10,937,997 . 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 Book Value Per Share vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
HEALTHCARE TRPFD |
| = | 104.44 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
HEALTHCARE TRPFD |
| = | 9.55 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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 Utilities - Regulated Electric Thematic Idea Now
Utilities - Regulated Electric
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 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 Utilities - Regulated Electric 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.