| DHT-UN Stock | | | CAD 12.55 3.48 38.37% |
Based on the measurements of profitability obtained from DRI Healthcare's financial statements, DRI Healthcare's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess DRI Healthcare's ability to earn profits and add value for shareholders. At present, DRI Healthcare's
Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's
EV To Sales is expected to grow to 2.66, whereas
Days Sales Outstanding is forecasted to decline to 101.94. At present, DRI Healthcare's
Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting. The current year's
Operating Income is expected to grow to about 96.9
M, whereas
Net Income Applicable To Common Shares is forecasted to decline to about 12.2
M.
For DRI Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DRI Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well DRI Healthcare Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DRI Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DRI Healthcare Trust over time as well as its relative position and ranking within its peers.
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Please note, there is a significant difference between DRI Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRI Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRI Healthcare'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.
DRI Healthcare Trust Cash Per Share vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DRI Healthcare's current stock value. Our valuation model uses many indicators to compare DRI Healthcare value to that of its competitors to determine the firm's financial worth.
DRI Healthcare Trust is one of the top stocks in price to earning category among its peers. It also is one of the top stocks in cash per share category among its peers fabricating about
0.11 of Cash Per Share per Price To Earning. The ratio of Price To Earning to Cash Per Share for DRI Healthcare Trust is roughly
9.04 . At present, DRI Healthcare's Cash Per Share is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value DRI Healthcare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DRI Healthcare's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
DRI Cash Per Share vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
DRI Healthcare | P/E | = | Market Value Per ShareEarnings Per Share |
| = | 10.03 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
DRI Healthcare | Cash Per Share | = | Total CashAverage Shares |
| = | 1.11 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
DRI Cash Per Share Comparison
DRI Healthcare is currently under evaluation in cash per share category among its peers.
DRI Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DRI Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DRI Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of DRI Healthcare's change in net profit over the period of time. It can combine
multiple indicators of DRI Healthcare, 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.
DRI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on DRI Healthcare. 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 DRI Healthcare 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 DRI Healthcare's important profitability drivers and their relationship over time.
Use DRI Healthcare 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 DRI Healthcare 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 DRI Healthcare will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to DRI Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DRI Healthcare 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 DRI Healthcare - 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 DRI Healthcare Trust to buy it.
The correlation of DRI Healthcare 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 DRI Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DRI Healthcare Trust 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 DRI Healthcare 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 DRI Healthcare position
In addition to having DRI Healthcare 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.
Real Estate
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 38 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
Real Estate Theme or any other
thematic opportunities.
Other Information on Investing in DRI Stock
To fully project DRI Healthcare's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of DRI Healthcare Trust 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 DRI Healthcare's income statement, its balance sheet, and the statement of cash flows.
Potential DRI Healthcare investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although DRI Healthcare investors may work on each financial statement separately, they are all related. The changes in DRI Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DRI Healthcare's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
