Ramsay Health Net Income vs. Return On Asset
| RMSYFDelisted Stock | USD 34.33 0.00 0.00% |
For Ramsay Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ramsay Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ramsay Health Care utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ramsay Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ramsay Health Care over time as well as its relative position and ranking within its peers.
Ramsay |
Ramsay Health Care Return On Asset vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ramsay Health's current stock value. Our valuation model uses many indicators to compare Ramsay Health value to that of its competitors to determine the firm's financial worth. Ramsay Health Care is rated below average in net income category among its peers. It is rated below average in return on asset category among its peers . The ratio of Net Income to Return On Asset for Ramsay Health Care is about 17,677,419,355 . 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 Ramsay Health's earnings, one of the primary drivers of an investment's value.Ramsay Return On Asset vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Ramsay Health |
| = | 274 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Ramsay Health |
| = | 0.0155 |
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.
Ramsay Return On Asset Comparison
Ramsay Health is currently under evaluation in return on asset category among its peers.
Ramsay Health Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ramsay Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ramsay Health will eventually generate negative long term returns. The profitability progress is the general direction of Ramsay Health's change in net profit over the period of time. It can combine multiple indicators of Ramsay Health, 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.
The company also offers health care services to public and private patients. The company was founded in 1964 and is based in Sydney, Australia. Ramsay Health operates under Medical Care Facilities classification in the United States and is traded on OTC Exchange. It employs 88000 people.
Ramsay Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ramsay Health. 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 Ramsay Health 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 Ramsay Health's important profitability drivers and their relationship over time.
Use Ramsay Health 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 Ramsay Health 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 Ramsay Health will appreciate offsetting losses from the drop in the long position's value.Ramsay Health Pair Trading
Ramsay Health Care Pair Trading Analysis
The ability to find closely correlated positions to Ramsay Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ramsay Health 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 Ramsay Health - 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 Ramsay Health Care to buy it.
The correlation of Ramsay Health 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 Ramsay Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ramsay Health Care 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 Ramsay Health 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 Ramsay Health position
In addition to having Ramsay Health 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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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Ramsay Pink Sheet
If you are still planning to invest in Ramsay Health Care check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ramsay Health's history and understand the potential risks before investing.
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