Edoc Acquisition Corp Performance
| ADOCRDelisted Stock | USD 0.13 0.06 31.58% |
The firm shows a Beta (market volatility) of 2.0, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Edoc Acquisition will likely underperform. Edoc Acquisition Corp right now shows a risk of 0.0%. Please confirm Edoc Acquisition Corp treynor ratio and the relationship between the semi variance and price action indicator , to decide if Edoc Acquisition Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Edoc Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable fundamental indicators, Edoc Acquisition is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Begin Period Cash Flow | 223.4 K | |
| Total Cashflows From Investing Activities | 71.5 M |
Edoc |
Edoc Acquisition Relative Risk vs. Return Landscape
If you would invest 13.00 in Edoc Acquisition Corp on October 26, 2024 and sell it today you would earn a total of 0.00 from holding Edoc Acquisition Corp or generate 0.0% return on investment over 90 days. Edoc Acquisition Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than Edoc, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Edoc Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edoc Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Edoc Acquisition Corp, and traders can use it to determine the average amount a Edoc Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Edoc Acquisition is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Edoc Acquisition by adding Edoc Acquisition to a well-diversified portfolio.
Edoc Acquisition Fundamentals Growth
Edoc Stock prices reflect investors' perceptions of the future prospects and financial health of Edoc Acquisition, and Edoc Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Edoc Stock performance.
| Return On Equity | -0.59 | |||
| Return On Asset | -0.0699 | |||
| EBITDA | (5.14 K) | |||
| Cash And Equivalents | 4.1 K | |||
| Total Debt | 2.21 M | |||
| Debt To Equity | 9.95 % | |||
| Book Value Per Share | (1.71) X | |||
| Cash Flow From Operations | (1.46 M) | |||
| Earnings Per Share | (0.55) X | |||
| Total Asset | 21.41 M | |||
| Retained Earnings | (9.64 M) | |||
About Edoc Acquisition Performance
Assessing Edoc Acquisition's fundamental ratios provides investors with valuable insights into Edoc Acquisition's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Edoc Acquisition is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Edoc Acquisition Corp. does not have significant operations. The company was incorporated in 2020 and is based in Victor, New York. Edoc Acquisition is traded on NASDAQ Exchange in the United States.Things to note about Edoc Acquisition Corp performance evaluation
Checking the ongoing alerts about Edoc Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Edoc Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Edoc Acquisition is not yet fully synchronised with the market data | |
| Edoc Acquisition has some characteristics of a very speculative penny stock | |
| Edoc Acquisition has a very high chance of going through financial distress in the upcoming years | |
| Edoc Acquisition Corp has accumulated 2.21 M in total debt with debt to equity ratio (D/E) of 9.95, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Edoc Acquisition Corp has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Edoc Acquisition's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (7.69 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Edoc Acquisition Corp has accumulated about 4.1 K in cash with (1.46 M) of positive cash flow from operations. |
- Analyzing Edoc Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Edoc Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Edoc Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Edoc Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edoc Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Edoc Acquisition's stock. These opinions can provide insight into Edoc Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities 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 main economic indicators. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Edoc Stock
If you are still planning to invest in Edoc Acquisition Corp 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 Edoc Acquisition's history and understand the potential risks before investing.
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