Ramsay Health Return On Asset vs. Price To Sales

RHCPA Preferred Stock   105.50  0.21  0.20%   
Considering the key profitability indicators obtained from Ramsay Health's historical financial statements, Ramsay Health Care may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Ramsay Health's ability to earn profits and add value for shareholders.
For Ramsay Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ramsay Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ramsay Health Care utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ramsay Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ramsay Health Care over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Ramsay Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ramsay Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ramsay 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.

Ramsay Health Care Price To Sales vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ramsay Health's current stock value. Our valuation model uses many indicators to compare Ramsay Health value to that of its competitors to determine the firm's financial worth.
Ramsay Health Care is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in price to sales category among its peers fabricating about  67.33  of Price To Sales per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ramsay Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ramsay Health's Preferred Stock. 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.

Ramsay Price To Sales vs. Return On Asset

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.

Ramsay Health

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0155
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Ramsay Health

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.04 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Ramsay Price To Sales Comparison

Ramsay Health is currently under evaluation in price to sales category among its peers.

Ramsay Profitability Driver Comparison

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

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

Ramsay Health Pair Trading

Ramsay Health Care Pair Trading Analysis

The ability to find closely correlated positions to Ramsay 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 Ramsay 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 Ramsay 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 Ramsay Health Care to buy it.
The correlation of Ramsay 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 Ramsay Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ramsay Health Care 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 Ramsay 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 Ramsay Health position

In addition to having Ramsay 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 Social Domain Thematic Idea Now

Social Domain
Social Domain Theme
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 39 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 Social Domain Theme or any other thematic opportunities.
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Other Information on Investing in Ramsay Preferred Stock

To fully project Ramsay Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ramsay Health Care at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ramsay Health's income statement, its balance sheet, and the statement of cash flows.
Potential Ramsay Health investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Ramsay Health investors may work on each financial statement separately, they are all related. The changes in Ramsay Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ramsay Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.