Healthcare Integrated Technologies Stock Performance
| HITC Stock | USD 0.10 0 1.01% |
On a scale of 0 to 100, Healthcare Integrated holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of -1.68, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Healthcare Integrated are expected to decrease by larger amounts. On the other hand, during market turmoil, Healthcare Integrated is expected to outperform it. Please check Healthcare Integrated's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Healthcare Integrated's current trending patterns will revert.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Healthcare Integrated Technologies are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, Healthcare Integrated exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 11.4 K | |
| Total Cashflows From Investing Activities | -32.7 K |
Healthcare |
Healthcare Integrated Relative Risk vs. Return Landscape
If you would invest 8.00 in Healthcare Integrated Technologies on August 29, 2024 and sell it today you would earn a total of 2.00 from holding Healthcare Integrated Technologies or generate 25.0% return on investment over 90 days. Healthcare Integrated Technologies is currently generating 0.6046% in daily expected returns and assumes 7.0541% risk (volatility on return distribution) over the 90 days horizon. In different words, 62% of pink sheets are less volatile than Healthcare, and 88% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Healthcare Integrated Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Healthcare Integrated's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Healthcare Integrated Technologies, and traders can use it to determine the average amount a Healthcare Integrated's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0857
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Estimated Market Risk
| 7.05 actual daily | 62 62% of assets are less volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Healthcare Integrated is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Healthcare Integrated by adding it to a well-diversified portfolio.
Healthcare Integrated Fundamentals Growth
Healthcare Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Healthcare Integrated, and Healthcare Integrated fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Healthcare Pink Sheet performance.
| Return On Asset | -0.95 | |||
| Current Valuation | 4.8 M | |||
| Shares Outstanding | 42.46 M | |||
| Price To Sales | 9.12 X | |||
| EBITDA | (902.18 K) | |||
| Cash And Equivalents | 1.05 K | |||
| Total Debt | 1.05 M | |||
| Book Value Per Share | (0.07) X | |||
| Cash Flow From Operations | (212.18 K) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 726.02 K | |||
About Healthcare Integrated Performance
By analyzing Healthcare Integrated's fundamental ratios, stakeholders can gain valuable insights into Healthcare Integrated's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Healthcare Integrated has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Healthcare Integrated has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Healthcare Integrated Technologies, Inc., through its subsidiary, develops healthcare technology solutions to integrate and automate the continuing care, home care, and professional healthcare spaces. Healthcare Integrated Technologies, Inc. was incorporated in 2013 and is based in Knoxville, Tennessee. Healthcare Integrated is traded on OTC Exchange in the United States.Things to note about Healthcare Integrated performance evaluation
Checking the ongoing alerts about Healthcare Integrated for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Healthcare Integrated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Healthcare Integrated is way too risky over 90 days horizon | |
| Healthcare Integrated has some characteristics of a very speculative penny stock | |
| Healthcare Integrated appears to be risky and price may revert if volatility continues | |
| Healthcare Integrated has high likelihood to experience some financial distress in the next 2 years | |
| Healthcare Integrated Technologies currently holds 1.05 M in liabilities. Healthcare Integrated has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Healthcare Integrated until it has trouble settling it off, either with new capital or with free cash flow. So, Healthcare Integrated's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Healthcare Integrated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Healthcare to invest in growth at high rates of return. When we think about Healthcare Integrated's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.36 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Healthcare Integrated Technologies currently holds about 1.05 K in cash with (212.18 K) of positive cash flow from operations. | |
| Roughly 47.0% of the company shares are held by company insiders |
- Analyzing Healthcare Integrated's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Healthcare Integrated's stock is overvalued or undervalued compared to its peers.
- Examining Healthcare Integrated's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Healthcare Integrated's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Healthcare Integrated's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Healthcare Integrated's pink sheet. These opinions can provide insight into Healthcare Integrated's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Healthcare Pink Sheet analysis
When running Healthcare Integrated's price analysis, check to measure Healthcare Integrated'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 Healthcare Integrated is operating at the current time. Most of Healthcare Integrated's value examination focuses on studying past and present price action to predict the probability of Healthcare Integrated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare Integrated's price. Additionally, you may evaluate how the addition of Healthcare Integrated to your portfolios can decrease your overall portfolio volatility.
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