Trxade Story

<div class='circular--portrait' style='background:#FF01C9;color: #E6E6FA;font-size:3em;'>MED</div>
MEDS -- USA Stock  

USD 4.76  0.09  1.86%

It seems Trxade will continue to recover much faster as its share price surged up 7.98% today. The company current daily volatility is 4.25 percent, with a beta of -0.17 and an alpha of 0.41 over DOW. As many baby boomers are still indifferent towards wholesale, it makes sense to sum up Trxade Group. What exactly are Trxade shareholders getting in April?
Published over two weeks ago
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Is Trxade (NASDAQ:MEDS) a new disruptor?
Trxade Group currently holds roughly 6.65 M in cash with (1.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.82.
On a scale of 0 to 100, Trxade holds a performance score of 6. The entity has a beta of -0.1668, which indicates not very significant fluctuations relative to the market. Let's try to break down what Trxade's beta means in this case. As returns on the market increase, returns on owning Trxade are expected to decrease at a much lower rate. During the bear market, Trxade is likely to outperform the market. Although it is vital to follow Trxade Group current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Trxade Group technical indicators, you can presently evaluate if the expected return of 0.42% will be sustainable into the future. Please operates Trxade coefficient of variation, as well as the relationship between the treynor ratio and semi variance to make a quick decision on whether Trxade Group existing price patterns will revert.
Investing in Trxade, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Trxade along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Trxade's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Trxade in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Trxade. Your research has to be compared to or analyzed against Trxade's peers to derive any actionable benefits. When done correctly, Trxade's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Trxade Group.

How important is Trxade's Liquidity

Trxade financial leverage refers to using borrowed capital as a funding source to finance Trxade Group ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Trxade financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Trxade's total debt and its cash.

How Trxade utilizes its cash?

To perform a cash flow analysis of Trxade, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Trxade is receiving and how much cash it distributes out in a given period. The Trxade cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Trxade Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. Trxade reported last year Net Cash Flow from Operations of (2.21 Million)

Trxade Correlation with Peers

Investors in Trxade can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Trxade Group. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Trxade and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Trxade is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage.
Please check volatility of Trxade for more details

Is Trxade valued sensibly by the market?

Trxade appears to be slightly risky, given 1 month investment horizon. Trxade Group owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0979, which indicates the firm had 0.0979% of return per unit of risk over the last month. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Trxade Group, which you can use to evaluate future volatility of the company. Please operate Trxade Semi Deviation of 3.45, risk adjusted performance of 0.0886, and Coefficient Of Variation of 1048.32 to confirm if our risk estimates are consistent with your expectations.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Are Trxade technical ratios showing a throwback?

Latest market risk adjusted performance is at -2.32. Trxade Group shows above-average downside volatility for the selected time horizon. We advise investors to inspect Trxade Group further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Trxade future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Trxade's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Trxade's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

While many of the other players under the pharmaceutical retailers industry are still a bit expensive, Trxade may offer a potential longer-term growth to retail investors. All things considered, as of the 29th of March 2021, we see that Trxade moves indifferently to market moves. The enterprise is undervalued with very small odds of financial distress within the next 24 months. However, our present 30 days buy-or-sell advice on the enterprise is Strong Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Trxade Group. Please refer to our Terms of Use for any information regarding our disclosure principles.

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