InterCare Financial Statements From 2010 to 2025
| ICCO Stock | USD 0.0001 0.00 0.00% |
Check InterCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InterCare's main balance sheet or income statement drivers, such as , as well as many indicators such as . InterCare financial statements analysis is a perfect complement when working with InterCare Valuation or Volatility modules.
InterCare |
InterCare DX Company Shares Outstanding Analysis
InterCare's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current InterCare Shares Outstanding | 74.3 M |
Most of InterCare's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, InterCare DX is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, InterCare DX has 74.3 M of shares currently outstending. This is 58.84% lower than that of the Healthcare sector and significantly higher than that of the Health Information Services industry. The shares outstanding for all United States stocks is 87.01% higher than that of the company.
InterCare DX Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining InterCare's current stock value. Our valuation model uses many indicators to compare InterCare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across InterCare competition to find correlations between indicators driving InterCare's intrinsic value. More Info.InterCare DX is currently regarded as number one stock in return on asset category among its peers. It also is considered the number one company in current valuation category among its peers reporting about 6,471,793 of Current Valuation per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value InterCare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for InterCare's Pink Sheet. 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.About InterCare Financial Statements
InterCare investors utilize fundamental indicators, such as revenue or net income, to predict how InterCare Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
InterCare DX, Inc. operates as a biomedical and other software products development and services company. InterCare DX, Inc. was founded in 1991 and is based in Hawthorne, California. Intercare operates under Health Information Services classification in the United States and is traded on OTC Exchange.
Pair Trading with InterCare
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 InterCare 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 InterCare will appreciate offsetting losses from the drop in the long position's value.Moving against InterCare Pink Sheet
| 0.59 | JNJ | Johnson Johnson | PairCorr |
| 0.51 | AAPL | Apple Inc | PairCorr |
| 0.5 | DGWR | Critic Clothing | PairCorr |
| 0.46 | CM | Canadian Imperial Bank | PairCorr |
| 0.44 | LMND | Lemonade | PairCorr |
The ability to find closely correlated positions to InterCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InterCare 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 InterCare - 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 InterCare DX to buy it.
The correlation of InterCare 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 InterCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InterCare DX 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 InterCare 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.Other Information on Investing in InterCare Pink Sheet
InterCare financial ratios help investors to determine whether InterCare Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in InterCare with respect to the benefits of owning InterCare security.