JD HEALTH Profit Margin vs. Beta
| 8ZN Stock | 3.40 0.04 1.19% |
For JD HEALTH profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JD HEALTH to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JD HEALTH INTL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JD HEALTH's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JD HEALTH INTL over time as well as its relative position and ranking within its peers.
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JD HEALTH INTL Beta vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining JD HEALTH's current stock value. Our valuation model uses many indicators to compare JD HEALTH value to that of its competitors to determine the firm's financial worth. JD HEALTH INTL is rated below average in profit margin category among its peers. It is rated below average in beta 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 JD HEALTH's earnings, one of the primary drivers of an investment's value.8ZN Beta vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
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| = | (0.01) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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.
JD HEALTH |
| = | 0.65 |
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.
8ZN Beta Comparison
JD HEALTH is rated fifth in beta category among its peers.
Beta Analysis
As returns on the market increase, JD HEALTH's returns are expected to increase less than the market. However, during the bear market, the loss of holding JD HEALTH is expected to be smaller as well.
8ZN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on JD HEALTH. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of JD HEALTH position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the JD HEALTH's important profitability drivers and their relationship over time.
Use JD HEALTH in pair-trading
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 JD HEALTH 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 JD HEALTH will appreciate offsetting losses from the drop in the long position's value.JD HEALTH Pair Trading
JD HEALTH INTL Pair Trading Analysis
The ability to find closely correlated positions to JD HEALTH could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JD HEALTH 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 JD HEALTH - 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 JD HEALTH INTL to buy it.
The correlation of JD HEALTH 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 JD HEALTH moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JD HEALTH INTL 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 JD HEALTH 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.Use Investing Themes to Complement your JD HEALTH position
In addition to having JD HEALTH in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Single Stock ETFs Thematic Idea Now
Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 99 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Single Stock ETFs Theme or any other thematic opportunities.
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Other Information on Investing in 8ZN Stock
To fully project JD HEALTH's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of JD HEALTH INTL at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include JD HEALTH's income statement, its balance sheet, and the statement of cash flows.