Edoc Acquisition Corp Buy Hold or Sell Recommendation

ADOCDelisted Stock  USD 11.30  0.04  0.35%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Edoc Acquisition Corp is 'Not Rated'. Macroaxis provides Edoc Acquisition buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ADOC positions.
  
Check out Trending Equities 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 persons.
In addition, we conduct extensive research on individual companies such as Edoc and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Edoc Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Execute Edoc Acquisition Buy or Sell Advice

The Edoc recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Edoc Acquisition Corp. Macroaxis does not own or have any residual interests in Edoc Acquisition Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Edoc Acquisition's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Edoc AcquisitionBuy Edoc Acquisition
Not Rated
For the selected time horizon Edoc Acquisition Corp has a Risk Adjusted Performance of 0.1375, Jensen Alpha of 0.0549, Total Risk Alpha of (0.000065), Sortino Ratio of (0.15) and Treynor Ratio of 2.6
Our trade advice tool can cross-verify current analyst consensus on Edoc Acquisition Corp and to analyze the company potential to grow in the current economic cycle. To make sure Edoc Acquisition is not overpriced, please confirm all Edoc Acquisition Corp fundamentals, including its cash flow from operations, total asset, and the relationship between the total debt and number of employees . Given that Edoc Acquisition Corp has a number of shares shorted of 16.33 K, we urge you to verify Edoc Acquisition Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Edoc Acquisition Trading Alerts and Improvement Suggestions

Edoc Acquisition is not yet fully synchronised with the market data
Edoc Acquisition has a very high chance of going through financial distress in the upcoming years
Edoc Acquisition Corp currently holds 2.21 M in liabilities. Edoc Acquisition Corp has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Edoc Acquisition's use of debt, we should always consider it together with its cash and equity.
Net Loss for the year was (2 M) with profit before overhead, payroll, taxes, and interest of 0.
Edoc Acquisition Corp currently holds about 4.1 K in cash with (1.04 M) of positive cash flow from operations.

Edoc Acquisition Returns Distribution Density

The distribution of Edoc Acquisition's historical returns is an attempt to chart the uncertainty of Edoc Acquisition's future price movements. The chart of the probability distribution of Edoc Acquisition daily returns describes the distribution of returns around its average expected value. We use Edoc Acquisition Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Edoc Acquisition returns is essential to provide solid investment advice for Edoc Acquisition.
Mean Return
0.07
Value At Risk
-0.28
Potential Upside
0.64
Standard Deviation
0.35
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Edoc Acquisition historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Note: Acquisition or disposition of Edoc Acquisition securities by Yakira Capital Management Inc [view details]

Edoc Acquisition Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Edoc . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Edoc Acquisition Buy or Sell Advice

When is the right time to buy or sell Edoc Acquisition Corp? Buying financial instruments such as Edoc Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Edoc Acquisition 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.

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Run Health Management Thematic Idea Now

Health Management
Health Management Theme
Major hospitals and healthcare providers. The Health Management theme has 40 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 Health Management Theme or any other thematic opportunities.
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Check out Trending Equities 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 persons.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Consideration for investing in Edoc Stock

If you are still planning to invest in Edoc Acquisition Corp 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 Edoc Acquisition's history and understand the potential risks before investing.
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