Andrew Mok - CareRx Chief Officer
| CHHHFDelisted Stock | USD 1.70 0.00 0.00% |
Insider
Andrew Mok is Chief Officer of CareRx
| Phone | 416 927 8400 |
| Web | https://www.carerx.ca |
CareRx Management Efficiency
The company has return on total asset (ROA) of 0.0204 % which means that it generated a profit of $0.0204 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.4946) %, meaning that it generated substantial loss on money invested by shareholders. CareRx's management efficiency ratios could be used to measure how well CareRx manages its routine affairs as well as how well it operates its assets and liabilities.The company has accumulated 106.11 M in total debt with debt to equity ratio (D/E) of 2.35, implying the company greatly relies on financing operations through barrowing. CareRx has a current ratio of 1.66, which is within standard range for the sector. Debt can assist CareRx until it has trouble settling it off, either with new capital or with free cash flow. So, CareRx's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CareRx sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CareRx to invest in growth at high rates of return. When we think about CareRx's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -0.49 | |||
| Return On Asset | 0.0204 |
CareRx Leadership Team
Elected by the shareholders, the CareRx's board of directors comprises two types of representatives: CareRx inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CareRx. The board's role is to monitor CareRx's management team and ensure that shareholders' interests are well served. CareRx's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CareRx's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Puneet Khanna, Chief Officer | ||
| Ryan Stempfle, VP Division | ||
| Adrianne Campeau, Chief Officer | ||
| David Murphy, CEO Pres | ||
| Andrew Mok, Chief Officer | ||
| Paul Rakowski, Gen Devel |
CareRx Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is CareRx a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.49 | |||
| Return On Asset | 0.0204 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 170.84 M | |||
| Shares Outstanding | 51.96 M | |||
| Shares Owned By Insiders | 30.25 % | |||
| Shares Owned By Institutions | 32.82 % | |||
| Price To Earning | 13.57 X | |||
| Price To Book | 1.78 X |
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 CareRx 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, CareRx's short interest history, or implied volatility extrapolated from CareRx options trading.
Pair Trading with CareRx
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 CareRx 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 CareRx will appreciate offsetting losses from the drop in the long position's value.Moving against CareRx Pink Sheet
| 0.87 | TLK | Telkom Indonesia Tbk Earnings Call Tomorrow | PairCorr |
| 0.81 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.63 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
| 0.53 | PPERY | Bank Mandiri Persero Earnings Call Tomorrow | PairCorr |
| 0.49 | BKRKY | Bank Rakyat | PairCorr |
The ability to find closely correlated positions to CareRx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CareRx 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 CareRx - 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 CareRx to buy it.
The correlation of CareRx 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 CareRx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CareRx 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 CareRx 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the CareRx information on this page should be used as a complementary analysis to other CareRx'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.
Other Consideration for investing in CareRx Pink Sheet
If you are still planning to invest in CareRx 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 CareRx's history and understand the potential risks before investing.
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