Quantrx Biomedical Total Debt vs. Net Income
Quantrx Biomedical Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Quantrx Biomedical's current stock value. Our valuation model uses many indicators to compare Quantrx Biomedical value to that of its competitors to determine the firm's financial worth. Quantrx Biomedical is rated below average in total debt category among its peers. It is currently regarded as top stock in net income category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Quantrx Biomedical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Quantrx Biomedical's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Quantrx Total Debt vs. Competition
Quantrx Biomedical is rated below average in total debt category among its peers. Total debt of Health Care industry is at this time estimated at about 230.16 Million. Quantrx Biomedical claims roughly 2.77 Million in total debt contributing just under 2% to equities under Health Care industry.
Quantrx Net Income vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Quantrx Biomedical |
| = | 2.77 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Quantrx Biomedical |
| = | (260.04 K) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Quantrx Net Income Comparison
Quantrx Biomedical is currently under evaluation in net income category among its peers.
Quantrx Biomedical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Quantrx Biomedical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Quantrx Biomedical will eventually generate negative long term returns. The profitability progress is the general direction of Quantrx Biomedical's change in net profit over the period of time. It can combine multiple indicators of Quantrx Biomedical, 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.
QuantRx Biomedical Corporation engages in the development and commercialization of patented miniform pads and PAD based over-the-counter products in the United States. QuantRx Biomedical Corporation was incorporated in 1986 and is based in Tualatin, Oregon. Quantrx Biomedical is traded on OTC Exchange in the United States.
Quantrx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Quantrx Biomedical. 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 Quantrx Biomedical 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 Quantrx Biomedical's important profitability drivers and their relationship over time.
Quantrx Biomedical Earnings per Share Projection vs Actual
Use Quantrx Biomedical 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 Quantrx Biomedical 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 Quantrx Biomedical will appreciate offsetting losses from the drop in the long position's value.Quantrx Biomedical Pair Trading
Quantrx Biomedical Pair Trading Analysis
The ability to find closely correlated positions to Quantrx Biomedical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quantrx Biomedical 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 Quantrx Biomedical - 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 Quantrx Biomedical to buy it.
The correlation of Quantrx Biomedical 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 Quantrx Biomedical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quantrx Biomedical 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 Quantrx Biomedical 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 Quantrx Biomedical position
In addition to having Quantrx Biomedical 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 Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 32 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 Hedge Favorites 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 housing. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Quantrx Pink Sheet
If you are still planning to invest in Quantrx Biomedical 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 Quantrx Biomedical's history and understand the potential risks before investing.
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