Ontrak Return On Equity vs. Debt To Equity
| OTRKPDelisted Preferred Stock | USD 0.53 0.00 0.00% |
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 |
Ontrak Inc Debt To Equity vs. Return On Equity 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 return on equity category among its peers. It also is considered to be number one stock in debt to equity 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 Ontrak's earnings, one of the primary drivers of an investment's value.Ontrak Debt To Equity 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.
Ontrak |
| = | -1.91 |
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.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Ontrak |
| = | 0.44 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Ontrak Debt To Equity Comparison
Ontrak is currently under evaluation in debt to equity category among its peers.
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 Inc 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.
Use Ontrak 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 Ontrak 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 Ontrak will appreciate offsetting losses from the drop in the long position's value.Ontrak Pair Trading
Ontrak Inc Pair Trading Analysis
The ability to find closely correlated positions to Ontrak could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ontrak 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 Ontrak - 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 Ontrak Inc to buy it.
The correlation of Ontrak 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 Ontrak moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ontrak Inc 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 Ontrak 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 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?
Run Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 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 Hybrid Mix Funds Theme or any other thematic opportunities.
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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 industry. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Ontrak Preferred Stock
If you are still planning to invest in Ontrak Inc 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 Ontrak's history and understand the potential risks before investing.
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