Ontrak Number Of Shares Shorted vs. Revenue
Taking into consideration Ontrak's profitability measurements, Ontrak Inc may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Ontrak's ability to earn profits and add value for shareholders.
Check out Your Equity Center 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 metropolitan statistical area.
For Ontrak profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ontrak to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ontrak Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ontrak's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ontrak Inc over time as well as its relative position and ranking within its peers.
Ontrak |
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ontrak. If investors know Ontrak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ontrak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ontrak Inc is measured differently than its book value, which is the value of Ontrak that is recorded on the company's balance sheet. Investors also form their own opinion of Ontrak's value that differs from its market value or its book value, called intrinsic value, which is Ontrak's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ontrak's market value can be influenced by many factors that don't directly affect Ontrak's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ontrak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ontrak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ontrak'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.
Ontrak Inc Revenue vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ontrak's current stock value. Our valuation model uses many indicators to compare Ontrak value to that of its competitors to determine the firm's financial worth. Ontrak Inc is considered to be number one stock in number of shares shorted category among its peers. It also is rated top company in revenue category among its peers totaling about 241.18 of Revenue per Number Of Shares Shorted. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ontrak by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Ontrak Revenue vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Ontrak |
| = | 52.84 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Ontrak |
| = | 12.74 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Ontrak Revenue vs Competition
Ontrak Inc is rated top company in revenue category among its peers. Market size based on revenue of Health Care industry is now estimated at about 6.07 Billion. Ontrak adds roughly 12.74 Million in revenue claiming only tiny portion of equities under Health Care industry.
Ontrak Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ontrak, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ontrak will eventually generate negative long term returns. The profitability progress is the general direction of Ontrak's change in net profit over the period of time. It can combine multiple indicators of Ontrak, 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.
Ontrak, Inc. operates as an artificial intelligence powered, telehealth-enabled, and virtualized healthcare company that provides in-person services to health plans and other third-party payors in the United States. The company was incorporated in 2003 and is headquartered in Henderson, Nevada. Ontrak operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 231 people.
Ontrak Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ontrak. 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 Ontrak 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 Ontrak's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Ontrak without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Ontrak position
In addition to having Ontrak 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 constituents at this time.
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Check out Your Equity Center 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 metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Tools for Ontrak Stock
When running Ontrak's price analysis, check to measure Ontrak'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 Ontrak is operating at the current time. Most of Ontrak's value examination focuses on studying past and present price action to predict the probability of Ontrak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ontrak's price. Additionally, you may evaluate how the addition of Ontrak to your portfolios can decrease your overall portfolio volatility.
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