Renovacare Stock Fundamentals
| RCAR Stock | USD 0.0001 0.00 0.00% |
RenovaCare fundamentals help investors to digest information that contributes to RenovaCare's financial success or failures. It also enables traders to predict the movement of RenovaCare Pink Sheet. The fundamental analysis module provides a way to measure RenovaCare's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RenovaCare pink sheet.
RenovaCare |
RenovaCare Company Return On Equity Analysis
RenovaCare's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current RenovaCare Return On Equity | -5.69 |
Most of RenovaCare's fundamental indicators, such as Return On Equity, 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, RenovaCare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, RenovaCare has a Return On Equity of -5.689. This is 76.27% lower than that of the Biotechnology sector and 84.4% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.
RenovaCare Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RenovaCare's current stock value. Our valuation model uses many indicators to compare RenovaCare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RenovaCare competition to find correlations between indicators driving RenovaCare's intrinsic value. More Info.RenovaCare is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the RenovaCare's earnings, one of the primary drivers of an investment's value.RenovaCare Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RenovaCare's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of RenovaCare could also be used in its relative valuation, which is a method of valuing RenovaCare by comparing valuation metrics of similar companies.RenovaCare is currently under evaluation in return on equity category among its peers.
RenovaCare Fundamentals
| Return On Equity | -5.69 | |||
| Return On Asset | -1.04 | |||
| Current Valuation | 3.42 M | |||
| Shares Outstanding | 87.35 M | |||
| Shares Owned By Insiders | 74.18 % | |||
| Price To Earning | (85.28) X | |||
| Price To Book | 5.11 X | |||
| EBITDA | (4.46 M) | |||
| Net Income | (4.47 M) | |||
| Cash And Equivalents | 243.96 K | |||
| Total Debt | 800 K | |||
| Debt To Equity | 1.00 % | |||
| Current Ratio | 0.74 X | |||
| Book Value Per Share | (0.02) X | |||
| Cash Flow From Operations | (4.56 M) | |||
| Earnings Per Share | (0.07) X | |||
| Beta | 1.93 | |||
| Market Capitalization | 29.7 M | |||
| Total Asset | 3.65 M | |||
| Retained Earnings | (10.59 M) | |||
| Working Capital | 582 K | |||
| Current Asset | 700 K | |||
| Current Liabilities | 118 K | |||
| Z Score | 16.1 | |||
| Net Asset | 3.65 M |
About RenovaCare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RenovaCare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RenovaCare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RenovaCare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.RenovaCare, Inc., a development-stage biotech and medical device company, focuses on the research, development, and commercialization of autologous cellular therapies for use in medical and aesthetic applications. The company was formerly known as Janus Resources, Inc. and changed its name to RenovaCare, Inc. in January 2014. Renovacare operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 1 people.
Pair Trading with RenovaCare
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 RenovaCare 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 RenovaCare will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to RenovaCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RenovaCare 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 RenovaCare - 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 RenovaCare to buy it.
The correlation of RenovaCare 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 RenovaCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RenovaCare 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 RenovaCare 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 RenovaCare Pink Sheet Analysis
When running RenovaCare's price analysis, check to measure RenovaCare'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 RenovaCare is operating at the current time. Most of RenovaCare's value examination focuses on studying past and present price action to predict the probability of RenovaCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RenovaCare's price. Additionally, you may evaluate how the addition of RenovaCare to your portfolios can decrease your overall portfolio volatility.