PreveCeutical Medical Return On Asset vs. Beta

PRVCF Stock  USD 0.02  0.0005  2.50%   
Taking into consideration PreveCeutical Medical's profitability measurements, PreveCeutical Medical may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in February. Profitability indicators assess PreveCeutical Medical's ability to earn profits and add value for shareholders.
For PreveCeutical Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PreveCeutical Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PreveCeutical Medical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PreveCeutical Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PreveCeutical Medical over time as well as its relative position and ranking within its peers.
  
Check out Your Equity Center.
Please note, there is a significant difference between PreveCeutical Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if PreveCeutical Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PreveCeutical Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

PreveCeutical Medical Beta vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining PreveCeutical Medical's current stock value. Our valuation model uses many indicators to compare PreveCeutical Medical value to that of its competitors to determine the firm's financial worth.
PreveCeutical Medical is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in beta 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 PreveCeutical Medical's earnings, one of the primary drivers of an investment's value.

PreveCeutical Beta vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

PreveCeutical Medical

Return On Asset

 = 

Net Income

Total Assets

 = 
-3.31
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

PreveCeutical Medical

Beta

 = 

Covariance

Variance

 = 
1.08
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

PreveCeutical Beta Comparison

PreveCeutical Medical is currently under evaluation in beta category among its peers.

Beta Analysis

PreveCeutical Medical returns are very sensitive to returns on the market. As the market goes up or down, PreveCeutical Medical is expected to follow.

PreveCeutical Medical Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in PreveCeutical Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PreveCeutical Medical will eventually generate negative long term returns. The profitability progress is the general direction of PreveCeutical Medical's change in net profit over the period of time. It can combine multiple indicators of PreveCeutical Medical, 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.
PreveCeutical Medical Inc., a health sciences company, engages in the development of options for preventive and curative therapies utilizing organic and nature identical products. PreveCeutical Medical Inc. is headquartered in Vancouver, Canada. Preveceutical Medical operates under Biotechnology classification in the United States and is traded on OTC Exchange.

PreveCeutical Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on PreveCeutical Medical. 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 PreveCeutical Medical 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 PreveCeutical Medical's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in PreveCeutical Medical without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
All  Next Launch Module

Use Investing Themes to Complement your PreveCeutical Medical position

In addition to having PreveCeutical Medical 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 CAD Crypto Assets Thematic Idea Now

CAD Crypto Assets
CAD Crypto Assets Theme
An experimental p2p digital currency that is accepted by many vendors in Canadian Dollar. The CAD Crypto Assets theme has 0 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 CAD Crypto Assets Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in PreveCeutical OTC Stock

To fully project PreveCeutical Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PreveCeutical Medical 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 PreveCeutical Medical's income statement, its balance sheet, and the statement of cash flows.
Potential PreveCeutical Medical investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although PreveCeutical Medical investors may work on each financial statement separately, they are all related. The changes in PreveCeutical Medical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on PreveCeutical Medical's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.