Health And Happiness Stock Price To Earning
| BTSDF Stock | USD 1.19 0.00 0.00% |
Health and Happiness fundamentals help investors to digest information that contributes to Health's financial success or failures. It also enables traders to predict the movement of Health Pink Sheet. The fundamental analysis module provides a way to measure Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Health pink sheet.
Health |
Health and Happiness Company Price To Earning Analysis
Health's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Health Price To Earning | 4.15 X |
Most of Health's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Health and Happiness is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Health and Happiness has a Price To Earning of 4.15 times. This is 80.21% lower than that of the Consumer Defensive sector and 83.4% lower than that of the Packaged Foods industry. The price to earning for all United States stocks is 85.55% higher than that of the company.
Health Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Health's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Health could also be used in its relative valuation, which is a method of valuing Health by comparing valuation metrics of similar companies.Health is currently under evaluation in price to earning category among related companies.
Health Fundamentals
| Return On Equity | 0.0771 | |||
| Return On Asset | 0.0469 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 2.08 B | |||
| Shares Outstanding | 645.56 M | |||
| Shares Owned By Insiders | 67.23 % | |||
| Shares Owned By Institutions | 13.14 % | |||
| Price To Earning | 4.15 X | |||
| Price To Book | 1.03 X | |||
| Price To Sales | 0.11 X | |||
| Revenue | 11.55 B | |||
| Gross Profit | 7.3 B | |||
| EBITDA | 1.42 B | |||
| Net Income | 508.48 M | |||
| Cash And Equivalents | 2.12 B | |||
| Cash Per Share | 3.28 X | |||
| Total Debt | 6.23 B | |||
| Debt To Equity | 1.54 % | |||
| Current Ratio | 1.32 X | |||
| Book Value Per Share | 9.49 X | |||
| Cash Flow From Operations | 1.89 B | |||
| Earnings Per Share | 0.11 X | |||
| Number Of Employees | 3.31 K | |||
| Beta | 0.64 | |||
| Market Capitalization | 1.29 B | |||
| Total Asset | 20.28 B | |||
| Retained Earnings | 3.12 B | |||
| Working Capital | 603 M | |||
| Current Asset | 4.29 B | |||
| Current Liabilities | 3.69 B | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 20.28 B | |||
| Last Dividend Paid | 0.35 |
About Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Health and Happiness's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Health and Happiness based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Health's short interest history, or implied volatility extrapolated from Health options trading.
Pair Trading with Health
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 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 Health will appreciate offsetting losses from the drop in the long position's value.Moving together with Health Pink Sheet
| 0.62 | KHC | Kraft Heinz Earnings Call This Week | PairCorr |
| 0.89 | GIS | General Mills Financial Report 26th of June 2024 | PairCorr |
Moving against Health Pink Sheet
| 0.65 | NSRGF | Nestle SA | PairCorr |
| 0.62 | GPDNF | Danone SA | PairCorr |
The ability to find closely correlated positions to 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 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 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 Health and Happiness to buy it.
The correlation of 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 Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Health and Happiness 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 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Health and Happiness. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Health and Happiness information on this page should be used as a complementary analysis to other Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Health Pink Sheet analysis
When running Health's price analysis, check to measure Health'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 Health is operating at the current time. Most of Health's value examination focuses on studying past and present price action to predict the probability of Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Health's price. Additionally, you may evaluate how the addition of Health to your portfolios can decrease your overall portfolio volatility.
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