HAVN Life Shares Outstanding vs. Return On Equity
| HAVLF Stock | USD 0.01 0 48.00% |
For HAVN Life profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HAVN Life to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HAVN Life Sciences utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HAVN Life's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HAVN Life Sciences over time as well as its relative position and ranking within its peers.
HAVN |
HAVN Life Sciences Return On Equity vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HAVN Life's current stock value. Our valuation model uses many indicators to compare HAVN Life value to that of its competitors to determine the firm's financial worth. HAVN Life Sciences is rated below average in shares outstanding category among its peers. It is rated below average in return on equity category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the HAVN Life's earnings, one of the primary drivers of an investment's value.HAVN Return On Equity vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
HAVN Life |
| = | 8.47 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
HAVN Life |
| = | -2.39 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
HAVN Return On Equity Comparison
HAVN Life is rated below average in return on equity category among its peers.
HAVN Life Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HAVN Life, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HAVN Life will eventually generate negative long term returns. The profitability progress is the general direction of HAVN Life's change in net profit over the period of time. It can combine multiple indicators of HAVN Life, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
HAVN Life Sciences Inc., a biotechnology company, engages in the research and development of psychopharmacological products from plants and fungi. The company was incorporated in 2020 and is headquartered in Richmond, Canada. Havn Life operates under Biotechnology classification in the United States and is traded on OTC Exchange.
HAVN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HAVN Life. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of HAVN Life position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the HAVN Life's important profitability drivers and their relationship over time.
Use HAVN Life in pair-trading
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 HAVN Life 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 HAVN Life will appreciate offsetting losses from the drop in the long position's value.HAVN Life Pair Trading
HAVN Life Sciences Pair Trading Analysis
The ability to find closely correlated positions to HAVN Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HAVN Life 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 HAVN Life - 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 HAVN Life Sciences to buy it.
The correlation of HAVN Life 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 HAVN Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HAVN Life Sciences 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 HAVN Life 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.Use Investing Themes to Complement your HAVN Life position
In addition to having HAVN Life in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in HAVN Pink Sheet
To fully project HAVN Life's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of HAVN Life Sciences at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include HAVN Life's income statement, its balance sheet, and the statement of cash flows.