Medplus Health Return On Equity vs. Return On Asset

MEDPLUS Stock   741.80  6.20  0.84%   
Considering the key profitability indicators obtained from Medplus Health's historical financial statements, Medplus Health Services may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess Medplus Health's ability to earn profits and add value for shareholders.
For Medplus Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Medplus Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Medplus Health Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Medplus Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Medplus Health Services over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Medplus Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medplus Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medplus Health'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.

Medplus Health Services Return On Asset vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Medplus Health's current stock value. Our valuation model uses many indicators to compare Medplus Health value to that of its competitors to determine the firm's financial worth.
Medplus Health Services is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.65  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Medplus Health Services is roughly  1.53 . 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 Medplus Health's earnings, one of the primary drivers of an investment's value.

Medplus Return On Asset vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Medplus Health

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0428
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.

Medplus Health

Return On Asset

 = 

Net Income

Total Assets

 = 
0.028
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.

Medplus Return On Asset Comparison

Medplus Health is currently under evaluation in return on asset category among its peers.

Medplus Health Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Medplus Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Medplus Health will eventually generate negative long term returns. The profitability progress is the general direction of Medplus Health's change in net profit over the period of time. It can combine multiple indicators of Medplus Health, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income304.5 M289.3 M
Net Interest Income-964.3 M-1 B
Interest Income319.6 M335.5 M
Operating Income5.6 B5.9 B
Net Income From Continuing Ops655.8 M526.6 M
Income Before Tax734.4 M707.2 M
Total Other Income Expense Net-4.9 B-4.7 B
Net Income Applicable To Common Shares1.1 B1.2 B
Net Income654.7 M692.6 M
Income Tax Expense78.7 M131.4 M
Change To Netincome656.6 M835.1 M

Medplus Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Medplus Health. 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 Medplus Health 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 Medplus Health's important profitability drivers and their relationship over time.

Use Medplus Health 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 Medplus Health 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 Medplus Health will appreciate offsetting losses from the drop in the long position's value.

Medplus Health Pair Trading

Medplus Health Services Pair Trading Analysis

The ability to find closely correlated positions to Medplus Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medplus Health 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 Medplus Health - 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 Medplus Health Services to buy it.
The correlation of Medplus Health 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 Medplus Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medplus Health Services 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 Medplus Health 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Medplus Health position

In addition to having Medplus Health 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.

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Run Small Growth Funds Thematic Idea Now

Small Growth Funds
Small Growth Funds Theme
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 37 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 Small Growth Funds Theme or any other thematic opportunities.
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Additional Tools for Medplus Stock Analysis

When running Medplus Health's price analysis, check to measure Medplus Health'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 Medplus Health is operating at the current time. Most of Medplus Health's value examination focuses on studying past and present price action to predict the probability of Medplus Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medplus Health's price. Additionally, you may evaluate how the addition of Medplus Health to your portfolios can decrease your overall portfolio volatility.