Please harness analysis of WELL Health Technologies fundamentals to determine if markets are correctly pricing the firm. We were able to break down and interpolate data for thirty-three available indicators for WELL Health Technologies, which can be compared to its rivals. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of WELL Health to be traded at C$7.18 in 90 days. Key indicators impacting WELL Health's financial strength include:
Understanding current and past WELL Health Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of WELL Health's financial statements are interrelated, with each one affecting the others. For example, an increase in WELL Health's assets may result in an increase in income on the income statement.
WELL Health competes with Lightspeed Commerce, Goodfood Market, and Docebo. WELL Health Technologies Corp. operates as a practitioner focused digital health company in Canada, the United States, and internationally. WELL Health Technologies Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada. WELL HEALTH operates under Medical Care Facilities classification in Canada and is traded on Toronto Stock Exchange. It employs 1507 people.
You should never invest in WELL Health without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of WELL Stock, because this is throwing your money away. Analyzing the key information contained in WELL Health's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
WELL Health Key Financial Ratios
WELL Health's financial ratios allow both analysts and investors to convert raw data from WELL Health's financial statements into concise, actionable information that can be used to evaluate the performance of WELL Health over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining WELL Health's current stock value. Our valuation model uses many indicators to compare WELL Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WELL Health competition to find correlations between indicators driving WELL Health's intrinsic value. More Info.
WELL Health Technologies is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.22 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for WELL Health Technologies is roughly 4.44 . At this time, WELL Health's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value WELL Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for WELL Health's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
WELL Health Technologies Systematic Risk
WELL Health's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. WELL Health volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on WELL Health Technologies correlated with the market. If Beta is less than 0 WELL Health generally moves in the opposite direction as compared to the market. If WELL Health Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WELL Health Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WELL Health is generally in the same direction as the market. If Beta > 1 WELL Health moves generally in the same direction as, but more than the movement of the benchmark.
WELL Health Technologies Total Assets Over Time
WELL Health Thematic Clasifications
WELL Health Technologies is part of Health Management investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Healthcare providers, hospitals. Major hospitals and healthcare providers
This theme covers Healthcare providers, hospitals. Major hospitals and healthcare providers. Get More Thematic Ideas
Today, most investors in WELL Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various WELL Health's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of WELL Health growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of WELL Health help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of WELL Health Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of WELL Health Technologies based on widely used predictive technical indicators. In general, we focus on analyzing WELL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WELL Health's daily price indicators and compare them against related drivers.
WELL Health financial ratios help investors to determine whether WELL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WELL with respect to the benefits of owning WELL Health security.