OneMedNet Corp Revenue vs. Beta
| ONMDW Stock | 0.04 0.02 150.62% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 1 M | Current Value 1.1 M | Quarterly Volatility 128 K |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Return On Equity | 1.81 | 1.7263 |
|
|
For OneMedNet Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of OneMedNet Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well OneMedNet Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between OneMedNet Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of OneMedNet Corp over time as well as its relative position and ranking within its peers.
OneMedNet |
Is Health Care Technology 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 OneMedNet Corp. If investors know OneMedNet 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 OneMedNet Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.043 | Quarterly Revenue Growth 0.292 | Return On Assets (0.34) |
The market value of OneMedNet Corp is measured differently than its book value, which is the value of OneMedNet that is recorded on the company's balance sheet. Investors also form their own opinion of OneMedNet Corp's value that differs from its market value or its book value, called intrinsic value, which is OneMedNet Corp'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 OneMedNet Corp's market value can be influenced by many factors that don't directly affect OneMedNet Corp'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 OneMedNet Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneMedNet Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneMedNet Corp'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.
OneMedNet Corp Beta vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining OneMedNet Corp's current stock value. Our valuation model uses many indicators to compare OneMedNet Corp value to that of its competitors to determine the firm's financial worth. OneMedNet Corp is rated top company in revenue category among its peers. It is regarded fifth in beta category among its peers . The ratio of Revenue to Beta for OneMedNet Corp is about 1,674,838 . At this time, OneMedNet Corp's Total Revenue is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value OneMedNet Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.OneMedNet Revenue vs. Competition
OneMedNet Corp is rated top company in revenue category among its peers. Market size based on revenue of Health Care industry is now estimated at about 11.3 Billion. OneMedNet Corp adds roughly 1.02 Million in revenue claiming only tiny portion of equities under Health Care industry.
OneMedNet Beta vs. Revenue
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.
OneMedNet Corp |
| = | 1.02 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.
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.
OneMedNet Corp |
| = | 0.61 |
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.
OneMedNet Beta Comparison
OneMedNet Corp is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, OneMedNet Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding OneMedNet Corp is expected to be smaller as well.
OneMedNet Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in OneMedNet Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, OneMedNet Corp will eventually generate negative long term returns. The profitability progress is the general direction of OneMedNet Corp's change in net profit over the period of time. It can combine multiple indicators of OneMedNet Corp, 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 | ||
| Net Interest Income | -749.2 K | -711.8 K | |
| Interest Income | 174.2 K | 154.8 K | |
| Operating Income | -8.4 M | -8 M | |
| Net Loss | -23.2 M | -22 M | |
| Income Before Tax | -23.2 M | -22 M | |
| Total Other Income Expense Net | -14.1 M | -13.4 M | |
| Net Loss | -23.2 M | -22 M | |
| Income Tax Expense | -2.9 M | -2.7 M | |
| Net Loss | (3.28) | (3.11) | |
| Income Quality | 0.14 | 0.13 |
OneMedNet Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on OneMedNet Corp. 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 OneMedNet Corp 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 OneMedNet Corp's important profitability drivers and their relationship over time.
Use OneMedNet Corp 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 OneMedNet Corp 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 OneMedNet Corp will appreciate offsetting losses from the drop in the long position's value.OneMedNet Corp Pair Trading
OneMedNet Corp Pair Trading Analysis
The ability to find closely correlated positions to OneMedNet Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OneMedNet Corp 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 OneMedNet Corp - 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 OneMedNet Corp to buy it.
The correlation of OneMedNet Corp 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 OneMedNet Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OneMedNet Corp 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 OneMedNet Corp 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 OneMedNet Corp position
In addition to having OneMedNet Corp 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 Preferred Stock ETFs Thematic Idea Now
Preferred Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Preferred Stock ETFs theme has 16 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 Preferred Stock ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for OneMedNet Stock Analysis
When running OneMedNet Corp's price analysis, check to measure OneMedNet Corp'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 OneMedNet Corp is operating at the current time. Most of OneMedNet Corp's value examination focuses on studying past and present price action to predict the probability of OneMedNet Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OneMedNet Corp's price. Additionally, you may evaluate how the addition of OneMedNet Corp to your portfolios can decrease your overall portfolio volatility.