Health Logic Current Valuation vs. Net Income
Please note, there is a significant difference between Health Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Health Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Health Logic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.Health Logic Interactive Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Health Logic's current stock value. Our valuation model uses many indicators to compare Health Logic value to that of its competitors to determine the firm's financial worth. Health Logic Interactive is the top company in current valuation category among its peers. It also is number one stock in net income category among its peers making up about 20.38 of Net Income per Current Valuation. 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 Health Logic's earnings, one of the primary drivers of an investment's value.Health Current Valuation vs. Competition
Health Logic Interactive is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Medical Devices industry is currently estimated at about 139.38 Million. Health Logic adds roughly 495,670 in current valuation claiming only tiny portion of all equities under Medical Devices industry.
Health Net Income vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Health Logic |
| = | 495.67 K |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Health Logic |
| = | 10.1 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.
Health Net Income Comparison
Health Logic is currently under evaluation in net income category among its peers.
Health Logic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Health Logic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Health Logic will eventually generate negative long term returns. The profitability progress is the general direction of Health Logic's change in net profit over the period of time. It can combine multiple indicators of Health Logic, 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.
Health Logic Interactive Inc. does not have significant operations. The company was formerly known as Fanlogic Interactive Inc. and changed its name to Health Logic Interactive Inc. in December 2020. Health Logic is traded on OTC Exchange in the United States.
Health Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Health Logic. 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 Health Logic 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 Health Logic's important profitability drivers and their relationship over time.
Health Logic Earnings per Share Projection vs Actual
Use Health Logic 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 Health Logic 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 Health Logic will appreciate offsetting losses from the drop in the long position's value.Health Logic Pair Trading
Health Logic Interactive Pair Trading Analysis
The ability to find closely correlated positions to DoubleVerify Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DoubleVerify Holdings 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 DoubleVerify Holdings - 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 DoubleVerify Holdings to buy it.
The correlation of DoubleVerify Holdings 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 DoubleVerify Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DoubleVerify Holdings 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 DoubleVerify Holdings 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 Health Logic position
In addition to having Health Logic 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 Baby Boomer Prospects Thematic Idea Now
Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 75 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 Baby Boomer Prospects 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 inflation. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Health Pink Sheet
If you are still planning to invest in Health Logic Interactive 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 Health Logic's history and understand the potential risks before investing.
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