Health Advance Stock Performance
| HADV Stock | USD 0.0003 0.0001 50.00% |
On a scale of 0 to 100, Health Advance holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 4.48, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Health Advance will likely underperform. Please check Health Advance's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Health Advance's current trending patterns will revert.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Health Advance are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly fragile fundamental indicators, Health Advance showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Health |
Health Advance Relative Risk vs. Return Landscape
If you would invest 0.03 in Health Advance on November 12, 2025 and sell it today you would earn a total of 0.00 from holding Health Advance or generate 0.0% return on investment over 90 days. Health Advance is currently generating 0.8611% in daily expected returns and assumes 13.1717% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Health, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Health Advance Target Price Odds to finish over Current Price
The tendency of Health Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.0003 | 90 days | 0.0003 | about 82.34 |
Based on a normal probability distribution, the odds of Health Advance to move above the current price in 90 days from now is about 82.34 (This Health Advance probability density function shows the probability of Health Pink Sheet to fall within a particular range of prices over 90 days) .
Health Advance Price Density |
| Price |
Predictive Modules for Health Advance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Health Advance. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Health Advance's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Health Advance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Health Advance is not an exception. The market had few large corrections towards the Health Advance's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Health Advance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Health Advance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.71 | |
β | Beta against Dow Jones | 4.48 | |
σ | Overall volatility | 0.000056 | |
Ir | Information ratio | 0.07 |
Health Advance Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Health Advance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Health Advance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Health Advance is way too risky over 90 days horizon | |
| Health Advance has some characteristics of a very speculative penny stock | |
| Health Advance appears to be risky and price may revert if volatility continues | |
| The company 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 Health Advance until it has trouble settling it off, either with new capital or with free cash flow. So, Health Advance'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 Health Advance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Health to invest in growth at high rates of return. When we think about Health Advance's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (29.5 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Health Advance currently holds about 2.53 K in cash with (25.77 K) of positive cash flow from operations. | |
| Roughly 20.0% of the company shares are held by company insiders |
Health Advance Fundamentals Growth
Health Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Health Advance, and Health Advance 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 Health Pink Sheet performance.
| Current Valuation | 1.08 M | |||
| Shares Outstanding | 153.9 M | |||
| Price To Earning | (39.00) X | |||
| Price To Book | 0.43 X | |||
| EBITDA | (44.68 K) | |||
| Cash And Equivalents | 2.53 K | |||
| Debt To Equity | 1.35 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (25.77 K) | |||
| Earnings Per Share | (0) X | |||
| Retained Earnings | (424.83 K) | |||
| Current Asset | 526 | |||
| Current Liabilities | 159.4 K |
About Health Advance Performance
Evaluating Health Advance's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Health Advance 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 Health Advance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Health Advance Inc., a development stage company, operates as an on-line retailer of home medical products in Canada and the United States. Health Advance Inc. was founded in 2010 and is based in Las Vegas, Nevada. Health Advance operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 3 people.Things to note about Health Advance performance evaluation
Checking the ongoing alerts about Health Advance for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Health Advance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Health Advance is way too risky over 90 days horizon | |
| Health Advance has some characteristics of a very speculative penny stock | |
| Health Advance appears to be risky and price may revert if volatility continues | |
| The company 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 Health Advance until it has trouble settling it off, either with new capital or with free cash flow. So, Health Advance'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 Health Advance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Health to invest in growth at high rates of return. When we think about Health Advance's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (29.5 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Health Advance currently holds about 2.53 K in cash with (25.77 K) of positive cash flow from operations. | |
| Roughly 20.0% of the company shares are held by company insiders |
- Analyzing Health Advance'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 Health Advance's stock is overvalued or undervalued compared to its peers.
- Examining Health Advance'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 Health Advance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Health Advance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Health Advance's pink sheet. These opinions can provide insight into Health Advance's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Health Pink Sheet Analysis
When running Health Advance's price analysis, check to measure Health Advance'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 Health Advance is operating at the current time. Most of Health Advance's value examination focuses on studying past and present price action to predict the probability of Health Advance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Health Advance's price. Additionally, you may evaluate how the addition of Health Advance to your portfolios can decrease your overall portfolio volatility.