Human Xtensions EBITDA vs. Current Valuation
| HUMX Stock | ILA 30.20 0.20 0.66% |
For Human Xtensions profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Human Xtensions to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Human Xtensions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Human Xtensions's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Human Xtensions over time as well as its relative position and ranking within its peers.
Human |
Human Xtensions Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Human Xtensions's current stock value. Our valuation model uses many indicators to compare Human Xtensions value to that of its competitors to determine the firm's financial worth. Human Xtensions is one of the top stocks in ebitda category among its peers. It also is rated as one of the top companies in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Human Xtensions by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Human Xtensions' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Human Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Human Xtensions |
| = | (45.95 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Human Xtensions |
| = | (47.61 M) |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Human Current Valuation vs Competition
Human Xtensions is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Medical Devices industry is currently estimated at about 23.48 Billion. Human Xtensions has negative current valuation of (47.61 Million) contributing nothing to the industry.
Human Xtensions Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Human Xtensions, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Human Xtensions will eventually generate negative long term returns. The profitability progress is the general direction of Human Xtensions' change in net profit over the period of time. It can combine multiple indicators of Human Xtensions, 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.
It offers HandX, a handheld medical device for use in laparoscopic procedures. The company was founded in 2012 and is based in Netanya, Israel. HUMAN XTENSIONS operates under Medical Devices classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 58 people.
Human Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Human Xtensions. 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 Human Xtensions 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 Human Xtensions' important profitability drivers and their relationship over time.
Use Human Xtensions 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 Human Xtensions 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 Human Xtensions will appreciate offsetting losses from the drop in the long position's value.Human Xtensions Pair Trading
Human Xtensions Pair Trading Analysis
The ability to find closely correlated positions to Human Xtensions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Human Xtensions 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 Human Xtensions - 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 Human Xtensions to buy it.
The correlation of Human Xtensions 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 Human Xtensions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Human Xtensions 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 Human Xtensions 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 Human Xtensions position
In addition to having Human Xtensions 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?
Run Chemicals Thematic Idea Now
Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
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Other Information on Investing in Human Stock
To fully project Human Xtensions' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Human Xtensions 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 Human Xtensions' income statement, its balance sheet, and the statement of cash flows.