Allstar Health Operating Margin vs. Current Ratio
| ALST Stock | USD 0.0005 0.0001 16.67% |
For Allstar Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allstar Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allstar Health Brands utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allstar Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allstar Health Brands over time as well as its relative position and ranking within its peers.
Allstar |
Allstar Health Brands Current Ratio vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allstar Health's current stock value. Our valuation model uses many indicators to compare Allstar Health value to that of its competitors to determine the firm's financial worth. Allstar Health Brands is number one stock in operating margin category among its peers. It also is number one stock in current ratio 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 Allstar Health's earnings, one of the primary drivers of an investment's value.Allstar Current Ratio vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Allstar Health |
| = | (44.09) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Allstar Health |
| = | 0.03 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Allstar Current Ratio Comparison
Allstar Health is currently under evaluation in current ratio category among its peers.
Allstar Health Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Allstar Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allstar Health will eventually generate negative long term returns. The profitability progress is the general direction of Allstar Health's change in net profit over the period of time. It can combine multiple indicators of Allstar Health, 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.
Allstar Health Brands, Inc., a specialty health care products company, focuses on enhancing health and quality of life by offering select medicines, natural nutritional supplements, and over the counter remedies in the Americas. The company was founded in 1997 and is headquartered in Toronto, Canada. Allstar Health operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 4 people.
Allstar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allstar 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 Allstar 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 Allstar Health's important profitability drivers and their relationship over time.
Use Allstar 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 Allstar 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 Allstar Health will appreciate offsetting losses from the drop in the long position's value.Allstar Health Pair Trading
Allstar Health Brands Pair Trading Analysis
The ability to find closely correlated positions to Allstar 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 Allstar 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 Allstar 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 Allstar Health Brands to buy it.
The correlation of Allstar 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 Allstar Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allstar Health Brands 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 Allstar 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 Allstar Health position
In addition to having Allstar 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 Monster Funds Thematic Idea Now
Monster Funds
Solid funds with above average long term performance indicators based on Macroaxis rating system. The Monster Funds theme has 50 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 Monster Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Allstar Pink Sheet Analysis
When running Allstar Health's price analysis, check to measure Allstar Health'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 Allstar Health is operating at the current time. Most of Allstar Health's value examination focuses on studying past and present price action to predict the probability of Allstar Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allstar Health's price. Additionally, you may evaluate how the addition of Allstar Health to your portfolios can decrease your overall portfolio volatility.