Cloud DX Return On Asset vs. Total Debt
| CDXFF Stock | USD 0.08 0.00 0.00% |
For Cloud DX profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cloud DX to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cloud DX utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cloud DX's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cloud DX over time as well as its relative position and ranking within its peers.
Cloud |
Cloud DX Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cloud DX's current stock value. Our valuation model uses many indicators to compare Cloud DX value to that of its competitors to determine the firm's financial worth. Cloud DX is rated below average in return on asset category among its peers. It is the top company in total debt 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 Cloud DX's earnings, one of the primary drivers of an investment's value.Cloud Total Debt 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.
Cloud DX |
| = | -1.9 |
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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Cloud DX |
| = | 1.63 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Cloud Total Debt vs Competition
Cloud DX is the top company in total debt category among its peers. Total debt of Health Information Services industry is currently estimated at about 31.32 Million. Cloud DX holds roughly 1.63 Million in total debt claiming about 5% of equities under Health Information Services industry.
Cloud DX Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cloud DX, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cloud DX will eventually generate negative long term returns. The profitability progress is the general direction of Cloud DX's change in net profit over the period of time. It can combine multiple indicators of Cloud DX, 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.
Cloud DX Inc. operates as a remote patient monitoring company. The company also offers VITALITI, a vital sign monitor for measuring electrocardiograph, heart rate, oxygen saturation, respiration, core body temperature, blood pressure, movement, steps, and posture. Cloud Dx is traded on OTC Exchange in the United States.
Cloud Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cloud DX. 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 Cloud DX 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 Cloud DX's important profitability drivers and their relationship over time.
Use Cloud DX 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 Cloud DX 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 Cloud DX will appreciate offsetting losses from the drop in the long position's value.Cloud DX Pair Trading
Cloud DX Pair Trading Analysis
The ability to find closely correlated positions to Cloud DX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cloud DX 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 Cloud DX - 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 Cloud DX to buy it.
The correlation of Cloud DX 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 Cloud DX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cloud DX 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 Cloud DX 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 Cloud DX position
In addition to having Cloud DX 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 FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 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 FinTech Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Cloud OTC Stock
To fully project Cloud DX's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cloud DX 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 Cloud DX's income statement, its balance sheet, and the statement of cash flows.