Healthcare Integrated Technologies Stock Today

HITC Stock  USD 0.11  0.01  13.40%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 64

 
High
 
Low
Quite High
Healthcare Integrated is trading at 0.11 as of the 24th of April 2024, a 13.40 percent increase since the beginning of the trading day. The stock's open price was 0.097. Healthcare Integrated has more than 64 % chance of experiencing financial distress in the next few years of operation. However, it had a very ok returns during the last 90 days. Equity ratings for Healthcare Integrated Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Healthcare Integrated Technologies, Inc., through its subsidiary, develops healthcare technology solutions to integrate and automate the continuing care, home care, and professional healthcare spaces. Healthcare Integrated Technologies, Inc. was incorporated in 2013 and is based in Knoxville, Tennessee. The company has 42.46 M outstanding shares. More on Healthcare Integrated Technologies

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Follow Valuation Odds of Bankruptcy
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Healthcare Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Healthcare Integrated's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Healthcare Integrated or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorScott Boruff
Business ConcentrationHealth Information Services, Healthcare (View all Sectors)
Healthcare Integrated Technologies [HITC] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.39 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Healthcare Integrated's market, we take the total number of its shares issued and multiply it by Healthcare Integrated's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Healthcare Integrated conducts business under Healthcare sector and is part of Health Information Services industry. The entity has 42.46 M outstanding shares. Healthcare Integrated Technologies currently holds about 1.05 K in cash with (212.18 K) of positive cash flow from operations.
Check Healthcare Integrated Probability Of Bankruptcy
Ownership Allocation
Healthcare Integrated Technologies has a total of 42.46 Million outstanding shares. Healthcare Integrated secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Healthcare Ownership Details

Healthcare Stock Price Odds Analysis

What are Healthcare Integrated's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Healthcare Integrated jumping above the current price in 90 days from now is near 1%. The Healthcare Integrated Technologies probability density function shows the probability of Healthcare Integrated pink sheet to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Healthcare Integrated Technologies has a beta of -0.3627. This usually indicates as returns on the benchmark increase, returns on holding Healthcare Integrated are expected to decrease at a much lower rate. During a bear market, however, Healthcare Integrated Technologies is likely to outperform the market. Moreover, healthcare Integrated Technologies has an alpha of 1.3287, implying that it can generate a 1.33 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.11HorizonTargetOdds Above 0.11
99.79%90 days
 0.11 
0.21%
Based on a normal probability distribution, the odds of Healthcare Integrated to move above the current price in 90 days from now is near 1 (This Healthcare Integrated Technologies probability density function shows the probability of Healthcare Pink Sheet to fall within a particular range of prices over 90 days) .

Healthcare Integrated Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Healthcare Integrated market risk premium is the additional return an investor will receive from holding Healthcare Integrated long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Healthcare Integrated. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Healthcare Integrated's alpha and beta are two of the key measurements used to evaluate Healthcare Integrated's performance over the market, the standard measures of volatility play an important role as well.

Healthcare Stock Against Markets

Picking the right benchmark for Healthcare Integrated pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Healthcare Integrated pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Healthcare Integrated is critical whether you are bullish or bearish towards Healthcare Integrated Technologies at a given time. Please also check how Healthcare Integrated's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Healthcare Integrated without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Healthcare Integrated Corporate Management

Elected by the shareholders, the Healthcare Integrated's board of directors comprises two types of representatives: Healthcare Integrated inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Healthcare. The board's role is to monitor Healthcare Integrated's management team and ensure that shareholders' interests are well served. Healthcare Integrated'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, Healthcare Integrated's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Healthcare Pink Sheet?

Before investing in Healthcare Integrated, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Healthcare Integrated. To buy Healthcare Integrated stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Healthcare Integrated. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Healthcare Integrated stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Healthcare Integrated Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Healthcare Integrated Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Healthcare Integrated Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Healthcare Integrated Technologies?

The danger of trading Healthcare Integrated Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Healthcare Integrated is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Healthcare Integrated. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Healthcare Integrated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Integrated Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Healthcare Integrated's price analysis, check to measure Healthcare Integrated'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 Healthcare Integrated is operating at the current time. Most of Healthcare Integrated's value examination focuses on studying past and present price action to predict the probability of Healthcare Integrated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare Integrated's price. Additionally, you may evaluate how the addition of Healthcare Integrated to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Healthcare Integrated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Integrated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Integrated'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.