Medirect Latino Stock Beta
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess MEDirect Latino's long-term financial health and intrinsic value.
MEDirect |
MEDirect Latino OTC Stock Beta Analysis
MEDirect Latino's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current MEDirect Latino Beta | 66.11 |
Most of MEDirect Latino's fundamental indicators, such as Beta, 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, MEDirect Latino is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, MEDirect Latino has a Beta of 66. This is much higher than that of the Healthcare sector and notably higher than that of the Medical Distribution industry. The beta for all United States stocks is notably lower than that of the firm.
MEDirect Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MEDirect Latino's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of MEDirect Latino could also be used in its relative valuation, which is a method of valuing MEDirect Latino by comparing valuation metrics of similar companies.MEDirect Latino is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MEDirect Latino will likely underperform.
MEDirect Fundamentals
| Return On Asset | -1.38 | |||
| Profit Margin | (1.04) % | |||
| Operating Margin | (0.87) % | |||
| Current Valuation | 4.41 M | |||
| Shares Outstanding | 17.58 M | |||
| Revenue | 6.73 M | |||
| Gross Profit | 5.32 M | |||
| EBITDA | (6.56 M) | |||
| Net Income | (26.01 M) | |||
| Cash And Equivalents | 339.83 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 4.75 M | |||
| Current Ratio | 1.39 X | |||
| Book Value Per Share | (0.15) X | |||
| Cash Flow From Operations | (5.68 M) | |||
| Earnings Per Share | (0.50) X | |||
| Number Of Employees | 87 | |||
| Beta | 66.11 | |||
| Market Capitalization | 1.7 K | |||
| Total Asset | 2.94 M | |||
| Retained Earnings | (33.94 M) | |||
| Working Capital | 829 K | |||
| Current Asset | 2.97 M | |||
| Current Liabilities | 2.14 M | |||
| Z Score | -20.0 | |||
| Net Asset | 2.94 M |
Pair Trading with MEDirect Latino
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 MEDirect Latino 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 MEDirect Latino will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in MEDirect OTC Stock
If you are still planning to invest in MEDirect Latino 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 MEDirect Latino's history and understand the potential risks before investing.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |