The Top 3 Healthcare Stocks to Buy in March 2024 - InvestorPlace

603313 Stock   7.39  0.34  4.40%   
About 62% of Healthcare's investor base is looking to short. The analysis of overall sentiment of trading Healthcare Co stock suggests that many investors are alarmed at this time. The current market sentiment, together with Healthcare's historical and current headlines, can help investors time the market. In addition, many technical investors use Healthcare stock news signals to limit their universe of possible portfolio assets.
  
The Top 3 Healthcare Stocks to Buy in March 2024 InvestorPlace

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Healthcare Fundamental Analysis

We analyze Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 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.

Return On Equity

Return On Equity Comparative Analysis

Healthcare is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Healthcare Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Healthcare stock to make a market-neutral strategy. Peer analysis of Healthcare could also be used in its relative valuation, which is a method of valuing Healthcare by comparing valuation metrics with similar companies.

Peers

Healthcare Related Equities

601988Bank of China   0.38   
0%
8.0%
601857PetroChina   0.36   
0%
7.0%
001289China Longyuan   0.30   
6.0%
0%
601998China Citic   0.73   
15.0%
0%
600025Huaneng Lancang   0.92   
19.0%
0%
600236Guangxi Guiguan   1.99   
43.0%
0%
300600Changshu Ruite   2.28   
49.0%
0%
605198Yantai North   2.74   
59.0%
0%
605259Lutian Machinery   3.56   
77.0%
0%
301177DR   4.61   
100.0%
0%

Complementary Tools for Healthcare Stock analysis

When running Healthcare's price analysis, check to measure Healthcare'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 Healthcare is operating at the current time. Most of Healthcare's value examination focuses on studying past and present price action to predict the probability of Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare's price. Additionally, you may evaluate how the addition of Healthcare to your portfolios can decrease your overall portfolio volatility.
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