Bioventix Revenue vs. Net Income
| BVXP Stock | 3,750 40.00 1.08% |
Total Revenue | First Reported 2009-09-30 | Previous Quarter 6.7 M | Current Value 6.9 M | Quarterly Volatility 1.9 M |
For Bioventix profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bioventix to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bioventix utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bioventix's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bioventix over time as well as its relative position and ranking within its peers.
Bioventix |
Bioventix Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bioventix's current stock value. Our valuation model uses many indicators to compare Bioventix value to that of its competitors to determine the firm's financial worth. Bioventix is the top company in revenue category among its peers. It also is number one stock in net income category among its peers making up about 0.60 of Net Income per Revenue. The ratio of Revenue to Net Income for Bioventix is roughly 1.68 . At this time, Bioventix's Total Revenue is comparatively stable compared to the past year. 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 Bioventix's earnings, one of the primary drivers of an investment's value.Bioventix Revenue vs. Competition
Bioventix is the top company in revenue category among its peers. Market size based on revenue of Health Care industry is currently estimated at about 2.3 Trillion. Bioventix adds roughly 13.61 Million in revenue claiming only tiny portion of equities under Health Care industry.
Bioventix Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Bioventix |
| = | 13.61 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Bioventix |
| = | 8.1 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.
Bioventix Net Income Comparison
Bioventix is currently under evaluation in net income category among its peers.
Bioventix Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bioventix, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bioventix will eventually generate negative long term returns. The profitability progress is the general direction of Bioventix's change in net profit over the period of time. It can combine multiple indicators of Bioventix, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.4 K | 1.5 K | |
| Operating Income | 10.6 M | 6.3 M | |
| Income Before Tax | 10.6 M | 6.3 M | |
| Total Other Income Expense Net | -23.5 K | -22.3 K | |
| Net Income Applicable To Common Shares | 8.8 M | 4.5 M | |
| Net Income | 8.1 M | 5.2 M | |
| Income Tax Expense | 2.5 M | 2.6 M | |
| Net Income From Continuing Ops | 9.6 M | 6 M | |
| Net Interest Income | 116.3 K | 122.1 K | |
| Interest Income | 116.3 K | 122.1 K | |
| Change To Netincome | 450 K | 472.5 K |
Bioventix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bioventix. 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 Bioventix 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 Bioventix's important profitability drivers and their relationship over time.
Use Bioventix 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 Bioventix 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 Bioventix will appreciate offsetting losses from the drop in the long position's value.Bioventix Pair Trading
Bioventix Pair Trading Analysis
The ability to find closely correlated positions to Bioventix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bioventix 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 Bioventix - 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 Bioventix to buy it.
The correlation of Bioventix 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 Bioventix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bioventix 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 Bioventix 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 Bioventix position
In addition to having Bioventix 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 Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 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 Banking Theme or any other thematic opportunities.
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Additional Tools for Bioventix Stock Analysis
When running Bioventix's price analysis, check to measure Bioventix'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 Bioventix is operating at the current time. Most of Bioventix's value examination focuses on studying past and present price action to predict the probability of Bioventix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioventix's price. Additionally, you may evaluate how the addition of Bioventix to your portfolios can decrease your overall portfolio volatility.