EWellness Healthcare Price To Earning vs. Retained Earnings
Based on the measurements of profitability obtained from EWellness Healthcare's financial statements, eWellness Healthcare Corp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess EWellness Healthcare's ability to earn profits and add value for shareholders.
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For EWellness Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EWellness Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well eWellness Healthcare Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EWellness Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of eWellness Healthcare Corp over time as well as its relative position and ranking within its peers.
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eWellness Healthcare Corp Retained Earnings vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EWellness Healthcare's current stock value. Our valuation model uses many indicators to compare EWellness Healthcare value to that of its competitors to determine the firm's financial worth. eWellness Healthcare Corp is one of the top stocks in price to earning category among its peers. It also is one of the top stocks in retained earnings 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 EWellness Healthcare's earnings, one of the primary drivers of an investment's value.EWellness Retained Earnings 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.
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| = | (0.75) 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.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
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| = | (14.36 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
EWellness Retained Earnings Comparison
EWellness Healthcare is currently under evaluation in retained earnings category among its peers.
EWellness Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EWellness Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EWellness Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of EWellness Healthcare's change in net profit over the period of time. It can combine multiple indicators of EWellness 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.
eWellness Healthcare Corporation, a physical therapy telehealth company, provides real-time distance monitored assessments and treatments. The company was incorporated in 2011 and is based in Fort Lauderdale, Florida. EWELLNESS HEALTHCARE operates under Health Information Services classification in the United States and is traded on OTC Exchange. It employs 2 people.
EWellness Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EWellness 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 EWellness 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 EWellness Healthcare's important profitability drivers and their relationship over time.
Use EWellness 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 EWellness 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 EWellness Healthcare will appreciate offsetting losses from the drop in the long position's value.EWellness Healthcare Pair Trading
eWellness Healthcare Corp Pair Trading Analysis
The ability to find closely correlated positions to EWellness 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 EWellness 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 EWellness 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 eWellness Healthcare Corp to buy it.
The correlation of EWellness 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 EWellness Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eWellness Healthcare Corp 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 EWellness 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 EWellness Healthcare position
In addition to having EWellness 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.Did You Try This Idea?
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Other Information on Investing in EWellness Pink Sheet
To fully project EWellness Healthcare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of eWellness Healthcare Corp 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 EWellness Healthcare's income statement, its balance sheet, and the statement of cash flows.