Acutus Medical Inc Return On Asset vs. Net Income
Acutus Medical Inc Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Acutus Medical Inc's current stock value. Our valuation model uses many indicators to compare Acutus Medical Inc value to that of its competitors to determine the firm's financial worth. Acutus Medical is number one stock in return on asset category among its peers. It is rated fifth in net income category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Acutus Medical Inc by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Acutus Medical Inc's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Acutus Net Income vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Acutus Medical Inc |
| = | -0.14 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Acutus Medical Inc |
| = | (11.92 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Acutus Net Income Comparison
Acutus Medical is currently under evaluation in net income category among its peers.
Acutus Medical Inc Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Acutus Medical Inc, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Acutus Medical Inc will eventually generate negative long term returns. The profitability progress is the general direction of Acutus Medical Inc's change in net profit over the period of time. It can combine multiple indicators of Acutus Medical Inc, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Acutus Medical, Inc., an arrhythmia management company, designs, manufactures, and markets a range of tools for catheter-based ablation procedures to treat various arrhythmias in the United States and internationally. Acutus Medical, Inc. was incorporated in 2011 and is headquartered in Carlsbad, California. Acutus Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 338 people.
Acutus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Acutus Medical Inc. 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 Acutus Medical Inc 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 Acutus Medical Inc's important profitability drivers and their relationship over time.
Acutus Medical Inc Earnings per Share Projection vs Actual
Use Acutus Medical Inc 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 Acutus Medical Inc 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 Acutus Medical Inc will appreciate offsetting losses from the drop in the long position's value.Acutus Medical Inc Pair Trading
Acutus Medical Pair Trading Analysis
The ability to find closely correlated positions to Acutus Medical Inc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acutus Medical Inc 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 Acutus Medical Inc - 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 Acutus Medical to buy it.
The correlation of Acutus Medical Inc 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 Acutus Medical Inc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acutus Medical Inc 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 Acutus Medical Inc 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 Acutus Medical Inc position
In addition to having Acutus Medical Inc 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 Toys Thematic Idea Now
Toys
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 38 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 Toys Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Acutus Pink Sheet
To fully project Acutus Medical Inc's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Acutus Medical Inc 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 Acutus Medical Inc's income statement, its balance sheet, and the statement of cash flows.