Health Advance Stock Fundamentals
| HADVDelisted Stock | USD 0 0.00 0.00% |
Health Advance fundamentals help investors to digest information that contributes to Health Advance'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 Advance'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 Advance pink sheet.
Health |
Health Advance Company Shares Owned By Insiders Analysis
Health Advance's Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
More About Shares Owned By Insiders | All Equity Analysis
Insiders Shares | = | Executives Shares | + | Employees |
Current Health Advance Shares Owned By Insiders | 19.60 % |
Most of Health Advance's fundamental indicators, such as Shares Owned By Insiders, 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 Advance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
CompetitionBased on the latest financial disclosure, 19.6% of Health Advance are shares owned by insiders. This is 29.12% higher than that of the Healthcare sector and significantly higher than that of the Pharmaceutical Retailers industry. The shares owned by insiders for all United States stocks is 94.25% lower than that of the firm.
Health Advance Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Health Advance's current stock value. Our valuation model uses many indicators to compare Health Advance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Health Advance competition to find correlations between indicators driving Health Advance's intrinsic value. More Info.Health Advance is rated as one of the top companies in current valuation category among related companies. It is one of the top stocks in shares outstanding category among related companies creating about 142.00 of Shares Outstanding per Current Valuation. Comparative valuation analysis is a catch-all model that can be used if you cannot value Health Advance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Health Advance'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. 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 Health Advance's earnings, one of the primary drivers of an investment's value.Did you try this?
Run Risk-Return Analysis Now
Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
Health Fundamentals
| Current Valuation | 1.08 M | ||||
| Shares Outstanding | 153.9 M | ||||
| Shares Owned By Insiders | 19.60 % | ||||
| Price To Earning | (39.00) X | ||||
| Price To Book | 0.43 X | ||||
| EBITDA | (44.68 K) | ||||
| Net Income | (29.5 K) | ||||
| Cash And Equivalents | 2.53 K | ||||
| Debt To Equity | 1.35 % | ||||
| Current Ratio | 0.01 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (25.77 K) | ||||
| Earnings Per Share | (0) X | ||||
| Beta | 2.16 | ||||
| Market Capitalization | 984.95 K | ||||
| Retained Earnings | (424.83 K) | ||||
| Working Capital | (158.87 K) | ||||
| Current Asset | 526 | ||||
| Current Liabilities | 159.4 K |
About Health Advance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Health Advance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Health Advance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Health Advance 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.Health Advance Inc., a development stage company, operates as an on-line retailer of home medical products in Canada and the United States. Health Advance Inc. was founded in 2010 and is based in Las Vegas, Nevada. Health Advance operates under Pharmaceutical Retailers classification in the United States and is traded on OTC Exchange. It employs 3 people.
Pair Trading with Health Advance
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 Advance 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 Advance will appreciate offsetting losses from the drop in the long position's value.Moving against Health Pink Sheet
| 0.68 | VIRC | Virco Manufacturing Financial Report 10th of June 2024 | PairCorr |
| 0.65 | ELMSQ | Electric Last Mile | PairCorr |
| 0.61 | DIIBF | Dorel Industries Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Health Advance 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 Advance 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 Advance - 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 Advance to buy it.
The correlation of Health Advance 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 Advance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Health Advance 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 Advance 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 Risk vs Return Analysis to better understand how to build diversified portfolios. 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 Advance information on this page should be used as a complementary analysis to other Health Advance'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Health Pink Sheet
If you are still planning to invest in Health Advance 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 Health Advance's history and understand the potential risks before investing.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |