Bio-Clean International Current Ratio vs. Beta
It's important to distinguish between Bio-Clean International's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bio-Clean International should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Bio-Clean International's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.Bio Clean International Beta vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bio-Clean International's current stock value. Our valuation model uses many indicators to compare Bio-Clean International value to that of its competitors to determine the firm's financial worth. Bio Clean International is number one stock in current ratio category among its peers. It also is number one stock 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 Bio-Clean International's earnings, one of the primary drivers of an investment's value.Bio-Clean Beta vs. Current Ratio
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.
Bio-Clean International |
| = | 0.50 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).
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.
Bio-Clean International |
| = | -22.93 |
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.
Bio-Clean Beta Comparison
Bio Clean is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Bio-Clean International are expected to decrease by larger amounts. On the other hand, during market turmoil, Bio-Clean International is expected to outperform it.
Bio-Clean International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bio-Clean International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bio-Clean International will eventually generate negative long term returns. The profitability progress is the general direction of Bio-Clean International's change in net profit over the period of time. It can combine multiple indicators of Bio-Clean International, 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.
Bio-Clean International, Inc. develops and sells environmentally-safe cleaning products and bio-remediation fluids designed for various uses in the United States. It was formerly known as American Bio-Tech Cleaning, Inc. and changed its name to Bio-Clean International, Inc. in 2008. Bio-Clean Intl operates under Specialty Chemicals classification in USA and is traded on BATS Exchange. It employs 6 people.
Bio-Clean Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bio-Clean International. 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 Bio-Clean International 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 Bio-Clean International's important profitability drivers and their relationship over time.
Bio-Clean International Earnings per Share Projection vs Actual
Use Bio-Clean International 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 Bio-Clean International 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 Bio-Clean International will appreciate offsetting losses from the drop in the long position's value.Bio-Clean International Pair Trading
Bio Clean International Pair Trading Analysis
The ability to find closely correlated positions to ConAgra Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConAgra Foods 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 ConAgra Foods - 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 ConAgra Foods to buy it.
The correlation of ConAgra Foods 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 ConAgra Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConAgra Foods 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 ConAgra Foods 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 Bio-Clean International position
In addition to having Bio-Clean International 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?
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Corona Opportunity
Firms that are involved in some capacity in making products or providing services to the public to buttle the virus directly or indirectly. This also includes some defencive and contrarian stocks and ETFs that are managing to avoid the big market correction coused by coronavirus. The Corona Opportunity theme has 46 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 Corona Opportunity Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Bio-Clean Pink Sheet
If you are still planning to invest in Bio Clean International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bio-Clean International's history and understand the potential risks before investing.
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