HealWELL Book Value Per Share vs. Return On Asset
| AIDX Stock | 2.32 0.26 12.62% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter 0.37635182 | Current Value 0.21 | Quarterly Volatility 0.17825793 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.16 | 0.1718 |
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For HealWELL profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HealWELL to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HealWELL AI utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HealWELL's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HealWELL AI over time as well as its relative position and ranking within its peers.
HealWELL |
HealWELL AI Return On Asset vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HealWELL's current stock value. Our valuation model uses many indicators to compare HealWELL value to that of its competitors to determine the firm's financial worth. HealWELL AI is number one stock in book value per share category among its peers. It also is number one stock in return on asset category among its peers . At this time, HealWELL's Book Value Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value HealWELL by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for HealWELL's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.HealWELL Return On Asset vs. Book Value Per Share
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.
HealWELL |
| = | 0.41 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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
HealWELL |
| = | -0.22 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
HealWELL Return On Asset Comparison
HealWELL is currently under evaluation in return on asset category among its peers.
HealWELL Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HealWELL, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HealWELL will eventually generate negative long term returns. The profitability progress is the general direction of HealWELL's change in net profit over the period of time. It can combine multiple indicators of HealWELL, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2.3 M | 2.4 M | |
| Operating Income | -17.6 M | -16.7 M | |
| Income Before Tax | -32.7 M | -31 M | |
| Total Other Income Expense Net | -15.1 M | -14.3 M | |
| Net Loss | -31.6 M | -30 M | |
| Income Tax Expense | 542 K | 569.1 K | |
| Interest Income | 1.2 M | 1.2 M | |
| Net Loss | -19 M | -19.9 M | |
| Net Loss | (0.55) | (0.58) | |
| Income Quality | 0.34 | 0.36 | |
| Net Income Per E B T | 0.97 | 1.76 |
HealWELL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HealWELL. 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 HealWELL 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 HealWELL's important profitability drivers and their relationship over time.
Use HealWELL 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 HealWELL 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 HealWELL will appreciate offsetting losses from the drop in the long position's value.HealWELL Pair Trading
HealWELL AI Pair Trading Analysis
The ability to find closely correlated positions to HealWELL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HealWELL 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 HealWELL - 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 HealWELL AI to buy it.
The correlation of HealWELL 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 HealWELL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HealWELL AI 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 HealWELL 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 HealWELL position
In addition to having HealWELL 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?
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Companies involved in production of aluminum. The Aluminum theme has 42 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 Aluminum Theme or any other thematic opportunities.
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Other Information on Investing in HealWELL Stock
To fully project HealWELL's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of HealWELL AI 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 HealWELL's income statement, its balance sheet, and the statement of cash flows.