Ibl Healthcare Stock Net Income
| IBLHL Stock | 41.06 0.74 1.84% |
IBL HealthCare fundamentals help investors to digest information that contributes to IBL HealthCare's financial success or failures. It also enables traders to predict the movement of IBL Stock. The fundamental analysis module provides a way to measure IBL 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 IBL HealthCare stock.
IBL |
IBL HealthCare Company Net Income Analysis
IBL HealthCare's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, IBL HealthCare reported net income of 0.0. This is 100.0% lower than that of the Healthcare sector and about the same as Health Care Providers & Services (which currently averages 0.0) industry. The net income for all Pakistan stocks is 100.0% higher than that of the company.
IBL Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IBL HealthCare's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IBL HealthCare could also be used in its relative valuation, which is a method of valuing IBL HealthCare by comparing valuation metrics of similar companies.IBL HealthCare is currently under evaluation in net income category among its peers.
About IBL HealthCare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IBL HealthCare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IBL HealthCare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IBL HealthCare 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.
Pair Trading with IBL HealthCare
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 IBL HealthCare 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 IBL HealthCare will appreciate offsetting losses from the drop in the long position's value.Moving together with IBL Stock
| 0.87 | FFL | Fauji Foods | PairCorr |
| 0.91 | KSBP | KSB Pumps | PairCorr |
| 0.7 | MARI | Mari Petroleum | PairCorr |
| 0.95 | LOADS | Loads | PairCorr |
The ability to find closely correlated positions to IBL HealthCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IBL HealthCare 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 IBL HealthCare - 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 IBL HealthCare to buy it.
The correlation of IBL HealthCare 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 IBL HealthCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IBL HealthCare 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 IBL HealthCare 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.Other Information on Investing in IBL Stock
IBL HealthCare financial ratios help investors to determine whether IBL 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 IBL with respect to the benefits of owning IBL HealthCare security.