Health Advance Stock Performance
| HADV Stock | USD 0.0003 0.00 0.00% |
On a scale of 0 to 100, Health Advance holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of -0.97, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Health Advance are expected to decrease slowly. On the other hand, during market turmoil, Health Advance is expected to outperform it slightly. Please check Health Advance's coefficient of variation and the relationship between the treynor ratio and day median price , to make a quick decision on whether Health Advance's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Health Advance are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly inconsistent fundamental indicators, Health Advance showed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Health Advance Relative Risk vs. Return Landscape
If you would invest 0.04 in Health Advance on September 30, 2025 and sell it today you would lose (0.01) from holding Health Advance or give up 25.0% of portfolio value over 90 days. Health Advance is currently generating 0.9259% in daily expected returns and assumes 16.7519% 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 |
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Health Advance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Health Advance's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Health Advance, and traders can use it to determine the average amount a Health Advance'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 = 0.0553
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Based on monthly moving average Health Advance is performing at about 4% 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 Health Advance by adding it to a well-diversified portfolio.
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.