Ppj Healthcare Enterprises Stock Beta

PPJE Stock  USD 0.0002  0.0001  33.33%   
PPJ Healthcare Enterprises fundamentals help investors to digest information that contributes to PPJ Healthcare's financial success or failures. It also enables traders to predict the movement of PPJ Pink Sheet. The fundamental analysis module provides a way to measure PPJ Healthcare'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 PPJ Healthcare pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

PPJ Beta Analysis

PPJ Healthcare's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current PPJ Healthcare Beta

    
  97.03  
Most of PPJ Healthcare's fundamental indicators, such as Beta, 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, PPJ Healthcare Enterprises is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, PPJ Healthcare Enterprises has a Beta of 97. This is much higher than that of the Healthcare sector and significantly higher than that of the Health Information Services industry. The beta for all United States stocks is notably lower than that of the firm.

PPJ Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PPJ Healthcare's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of PPJ Healthcare could also be used in its relative valuation, which is a method of valuing PPJ Healthcare by comparing valuation metrics of similar companies.
PPJ Healthcare is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PPJ Healthcare will likely underperform.

PPJ Fundamentals

About PPJ Healthcare Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze PPJ Healthcare Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PPJ Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PPJ Healthcare Enterprises 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.
PPJ Healthcare Enterprises, Inc., through its subsidiaries, provides automated healthcare reimbursement cycle, online health information digital-systems, and practice information management digital-system software to health care providers and general businesses worldwide. PPJ Healthcare Enterprises, Inc. was founded in 2000 and is headquartered in Reno, Nevada. Ppj Healthcare operates under Health Information Services classification in the United States and is traded on OTC Exchange.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PPJ Healthcare Enter using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Check out PPJ Healthcare Piotroski F Score and PPJ Healthcare Altman Z Score analysis.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for PPJ Pink Sheet analysis

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