Global Wholehealth Partners Stock Current Ratio
Global Wholehealth Partners fundamentals help investors to digest information that contributes to Global Wholehealth's financial success or failures. It also enables traders to predict the movement of Global Pink Sheet. The fundamental analysis module provides a way to measure Global Wholehealth'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 Global Wholehealth pink sheet.
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Global Wholehealth Partners Company Current Ratio Analysis
Global Wholehealth's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Global Wholehealth Current Ratio | 0.01 X |
Most of Global Wholehealth's fundamental indicators, such as Current Ratio, 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, Global Wholehealth Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, Global Wholehealth Partners has a Current Ratio of 0.01 times. This is 99.66% lower than that of the Healthcare sector and 99.78% lower than that of the Diagnostics & Research industry. The current ratio for all United States stocks is 99.54% higher than that of the company.
Global Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Wholehealth's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Global Wholehealth could also be used in its relative valuation, which is a method of valuing Global Wholehealth by comparing valuation metrics of similar companies.Global Wholehealth is currently under evaluation in current ratio category among its peers.
Global Fundamentals
| Return On Equity | -57.58 | |||
| Return On Asset | -11.94 | |||
| Operating Margin | (567.54) % | |||
| Current Valuation | 1.3 M | |||
| Shares Outstanding | 131.29 M | |||
| Shares Owned By Insiders | 10.31 % | |||
| Price To Book | 34.36 X | |||
| Price To Sales | 71.21 X | |||
| Revenue | 7.38 K | |||
| Gross Profit | (112.31 K) | |||
| EBITDA | (4.18 M) | |||
| Net Income | (5.15 M) | |||
| Cash And Equivalents | 27.42 K | |||
| Total Debt | 692.13 K | |||
| Debt To Equity | 1.00 % | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (1.97 M) | |||
| Earnings Per Share | (0.16) X | |||
| Beta | 1.9 | |||
| Market Capitalization | 223.19 K | |||
| Total Asset | 26.54 K | |||
| Net Asset | 26.54 K |
Pair Trading with Global Wholehealth
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 Global Wholehealth 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 Global Wholehealth will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Mosaic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mosaic 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 Mosaic - 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 The Mosaic to buy it.
The correlation of Mosaic 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 Mosaic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mosaic 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 Mosaic 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Global Pink Sheet
If you are still planning to invest in Global Wholehealth check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Global Wholehealth's history and understand the potential risks before investing.
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