Identi Healthcare EBITDA vs. Revenue
| IDNT Stock | 176.40 5.80 3.18% |
For Identi Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Identi Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Identi Healthcare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Identi Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Identi Healthcare over time as well as its relative position and ranking within its peers.
Identi |
Identi Healthcare Revenue vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Identi Healthcare's current stock value. Our valuation model uses many indicators to compare Identi Healthcare value to that of its competitors to determine the firm's financial worth. Identi Healthcare is currently regarded as number one stock in ebitda category among its peers. It also is considered the number one company in revenue category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Identi Healthcare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Identi Healthcare'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.Identi Revenue vs. EBITDA
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.
Identi Healthcare |
| = | (2.3 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Identi Healthcare |
| = | 8.75 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Identi Revenue vs Competition
Identi Healthcare is considered the number one company in revenue category among its peers. Market size based on revenue of Health Information Services industry is currently estimated at about 3.19 Billion. Identi Healthcare adds roughly 8.75 Million in revenue claiming only tiny portion of equities under Health Information Services industry.
Identi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Identi 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 Identi 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 Identi Healthcare's important profitability drivers and their relationship over time.
Use Identi 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 Identi 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 Identi Healthcare will appreciate offsetting losses from the drop in the long position's value.Identi Healthcare Pair Trading
Identi Healthcare Pair Trading Analysis
The ability to find closely correlated positions to Identi 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 Identi 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 Identi 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 Identi Healthcare to buy it.
The correlation of Identi 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 Identi Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Identi 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 Identi 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 Identi Healthcare position
In addition to having Identi 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Energy ETFs theme has 91 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 Energy ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Identi Stock
To fully project Identi Healthcare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Identi Healthcare 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 Identi Healthcare's income statement, its balance sheet, and the statement of cash flows.