Healixa Financial Statements From 2010 to 2024
| EMOR Stock | USD 0.06 0.01 20.00% |
Check Healixa financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Healixa's main balance sheet or income statement drivers, such as , as well as many indicators such as . Healixa financial statements analysis is a perfect complement when working with Healixa Valuation or Volatility modules.
Healixa |
About Healixa Financial Statements
Healixa shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Healixa investors may analyze each financial statement separately, they are all interrelated. The changes in Healixa's assets and liabilities, for example, are also reflected in the revenues and expenses on on Healixa's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Healixa Inc. operates as a technology company with assets in both healthtech and fintech. The company was founded in 1977 and is based in Holbrook, New York. Healixa operates under Health Information Services classification in the United States and is traded on OTC Exchange.
Pair Trading with Healixa
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 Healixa 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 Healixa will appreciate offsetting losses from the drop in the long position's value.Moving against Healixa Pink Sheet
| 0.61 | MTHRF | M3 Inc | PairCorr |
| 0.61 | HQY | HealthEquity | PairCorr |
| 0.6 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.46 | DOCS | Doximity | PairCorr |
The ability to find closely correlated positions to Healixa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Healixa 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 Healixa - 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 Healixa to buy it.
The correlation of Healixa 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 Healixa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Healixa 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 Healixa 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.Additional Tools for Healixa Pink Sheet Analysis
When running Healixa's price analysis, check to measure Healixa'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 Healixa is operating at the current time. Most of Healixa's value examination focuses on studying past and present price action to predict the probability of Healixa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healixa's price. Additionally, you may evaluate how the addition of Healixa to your portfolios can decrease your overall portfolio volatility.