JRSIS Health Revenue vs. Price to Sales
| JRSS Stock | USD 0.89 0.00 0.00% |
For JRSIS Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JRSIS Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JRSIS Health Care utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JRSIS Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JRSIS Health Care over time as well as its relative position and ranking within its peers.
JRSIS |
JRSIS Health Care Price to Sales vs. Revenue Fundamental Analysis
JRSIS Revenue vs. Competition
JRSIS Health Care is considered the number one company in revenue category among related companies. Market size based on revenue of Medical Care Facilities industry is currently estimated at about 24.85 Billion. JRSIS Health adds roughly 44.39 Million in revenue claiming only tiny portion of all equities under Medical Care Facilities industry.
JRSIS Price to Sales vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
JRSIS Health |
| = | 44.39 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
JRSIS Health | = | null |
Use JRSIS Health in pair-trading
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 JRSIS Health 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 JRSIS Health will appreciate offsetting losses from the drop in the long position's value.JRSIS Health Pair Trading
JRSIS Health Care Pair Trading Analysis
The ability to find closely correlated positions to JRSIS Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JRSIS Health 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 JRSIS Health - 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 JRSIS Health Care to buy it.
The correlation of JRSIS Health 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 JRSIS Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JRSIS Health Care 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 JRSIS Health 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.Use Investing Themes to Complement your JRSIS Health position
In addition to having JRSIS Health in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Monster Funds
Solid funds with above average long term performance indicators based on Macroaxis rating system. The Monster Funds theme has 50 constituents at this time.
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When running JRSIS Health's price analysis, check to measure JRSIS Health'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 JRSIS Health is operating at the current time. Most of JRSIS Health's value examination focuses on studying past and present price action to predict the probability of JRSIS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JRSIS Health's price. Additionally, you may evaluate how the addition of JRSIS Health to your portfolios can decrease your overall portfolio volatility.
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To fully project JRSIS Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of JRSIS Health Care at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include JRSIS Health's income statement, its balance sheet, and the statement of cash flows.