PrimeCare Systems Current Valuation vs. Market Capitalization
PrimeCare Systems Market Capitalization vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PrimeCare Systems's current stock value. Our valuation model uses many indicators to compare PrimeCare Systems value to that of its competitors to determine the firm's financial worth. PrimeCare Systems is rated top company in current valuation category among its peers. It also is considered to be number one stock in market capitalization category among its peers creating about 0.20 of Market Capitalization per Current Valuation. The ratio of Current Valuation to Market Capitalization for PrimeCare Systems is roughly 4.94 . 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 PrimeCare Systems' earnings, one of the primary drivers of an investment's value.PrimeCare Current Valuation vs. Competition
PrimeCare Systems is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Information Services industry is at this time estimated at about 103.71 Million. PrimeCare Systems adds roughly 218,092 in current valuation claiming only tiny portion of equities under Health Information Services industry.
PrimeCare Market Capitalization vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
PrimeCare Systems |
| = | 218.09 K |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
PrimeCare Systems |
| = | 44.19 K |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
PrimeCare Market Capitalization vs Competition
PrimeCare Systems is considered to be number one stock in market capitalization category among its peers. Market capitalization of Health Information Services industry is at this time estimated at about 19.1 Million. PrimeCare Systems adds roughly 44,191 in market capitalization claiming only tiny portion of equities under Health Information Services industry.
PrimeCare Systems Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PrimeCare Systems, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PrimeCare Systems will eventually generate negative long term returns. The profitability progress is the general direction of PrimeCare Systems' change in net profit over the period of time. It can combine multiple indicators of PrimeCare Systems, 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.
PrimeCare Systems, Inc., together with its subsidiaries, engages in the creation, ownership, maintenance, and marketing of patient management systems primarily in the United States. PrimeCare Systems, Inc. was incorporated in 1994 and is based in Newport News, Virginia. Primecare Systems operates under Health Information Services classification in the United States and is traded on OTC Exchange. It employs 8 people.
PrimeCare Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PrimeCare Systems. 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 PrimeCare Systems 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 PrimeCare Systems' important profitability drivers and their relationship over time.
PrimeCare Systems Earnings per Share Projection vs Actual
Use PrimeCare Systems 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 PrimeCare Systems 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 PrimeCare Systems will appreciate offsetting losses from the drop in the long position's value.PrimeCare Systems Pair Trading
PrimeCare Systems Pair Trading Analysis
The ability to find closely correlated positions to PrimeCare Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PrimeCare Systems 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 PrimeCare Systems - 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 PrimeCare Systems to buy it.
The correlation of PrimeCare Systems 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 PrimeCare Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PrimeCare Systems 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 PrimeCare Systems 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 PrimeCare Systems position
In addition to having PrimeCare Systems 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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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 producer price index. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in PrimeCare Pink Sheet
If you are still planning to invest in PrimeCare Systems 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 PrimeCare Systems' history and understand the potential risks before investing.
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