Gabelli Healthcare Beta vs. Return On Equity
| GRX Stock | USD 10.30 0.05 0.48% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 1.45 | 1.23 |
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| Net Profit Margin | 0.32 | 0.3409 |
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| Operating Profit Margin | 2.71 | 2.5839 |
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| Pretax Profit Margin | 0.32 | 0.3409 |
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For Gabelli Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gabelli Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gabelli Healthcare WellnessRx utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gabelli Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gabelli Healthcare WellnessRx over time as well as its relative position and ranking within its peers.
Gabelli |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gabelli Healthcare. If investors know Gabelli will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gabelli Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Return On Equity (13.74) |
The market value of Gabelli Healthcare is measured differently than its book value, which is the value of Gabelli that is recorded on the company's balance sheet. Investors also form their own opinion of Gabelli Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Gabelli Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gabelli Healthcare's market value can be influenced by many factors that don't directly affect Gabelli Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gabelli Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Gabelli Healthcare Return On Equity vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gabelli Healthcare's current stock value. Our valuation model uses many indicators to compare Gabelli Healthcare value to that of its competitors to determine the firm's financial worth. Gabelli Healthcare WellnessRx is rated below average in beta category among its peers. It is rated below average in return on equity category among its peers . At this time, Gabelli Healthcare's Return On Equity is fairly stable compared to the past year. 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 Gabelli Healthcare's earnings, one of the primary drivers of an investment's value.Gabelli Return On Equity vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Gabelli Healthcare |
| = | 1.1 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Gabelli Healthcare |
| = | -13.74 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Gabelli Return On Equity Comparison
Gabelli Healthcare is currently under evaluation in return on equity category among its peers.
Beta Analysis
Gabelli Healthcare returns are very sensitive to returns on the market. As the market goes up or down, Gabelli Healthcare is expected to follow.
Gabelli Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gabelli Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gabelli Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of Gabelli Healthcare's change in net profit over the period of time. It can combine multiple indicators of Gabelli Healthcare, 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 | -89.7 M | -94.2 M | |
| Operating Income | 3.2 M | 3 M | |
| Net Income From Continuing Ops | 422.8 K | 401.7 K | |
| Income Before Tax | 422.8 K | 401.7 K | |
| Total Other Income Expense Net | -2.8 M | -2.9 M | |
| Net Income Applicable To Common Shares | 49.2 M | 51.6 M | |
| Net Income | 422.8 K | 401.7 K | |
| Income Tax Expense | -167.9 K | -176.3 K | |
| Net Interest Income | -2.1 M | -2 M | |
| Interest Income | 636.6 K | 604.8 K | |
| Net Income Per Share | 0.03 | 0.03 | |
| Income Quality | (0.84) | (0.80) |
Gabelli Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gabelli Healthcare. 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 Gabelli Healthcare 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 Gabelli Healthcare's important profitability drivers and their relationship over time.
Use Gabelli Healthcare 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 Gabelli Healthcare 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 Gabelli Healthcare will appreciate offsetting losses from the drop in the long position's value.Gabelli Healthcare Pair Trading
Gabelli Healthcare WellnessRx Pair Trading Analysis
The ability to find closely correlated positions to Gabelli Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gabelli Healthcare 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 Gabelli Healthcare - 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 Gabelli Healthcare WellnessRx to buy it.
The correlation of Gabelli Healthcare 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 Gabelli Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gabelli Healthcare 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 Gabelli Healthcare 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 Gabelli Healthcare position
In addition to having Gabelli Healthcare 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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Additional Tools for Gabelli Stock Analysis
When running Gabelli Healthcare's price analysis, check to measure Gabelli Healthcare'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 Gabelli Healthcare is operating at the current time. Most of Gabelli Healthcare's value examination focuses on studying past and present price action to predict the probability of Gabelli Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gabelli Healthcare's price. Additionally, you may evaluate how the addition of Gabelli Healthcare to your portfolios can decrease your overall portfolio volatility.